Marcus & Millichap

Ron Duong


Ron Duong is a highly-regarded top agent in the retail investment real estate industry. Over the years, Ron’s reputation for his extensive market knowledge, comprehensive pricing analysis, and strategic execution in the marketing of retail real estate investments has made him a valuable resource to some of the top names in the retail space for commercial real estate.  These factors have resulted in record prices for his clients as well as closings on some of the most challenging deals in the marketplace ranging from environmental contamination to substantial deferred maintenance. 
Ron ranks amongst the top Marcus & Millichap retail agents nationwide, having personally listed/closed over $1 Billion in retail investments since 2004.  Ron has been a Top 10 Agent in Marcus & Millichap’s Newport Beach office since 2008, and has been the #1 Retail Agent on most occasions.
As one of the most active and knowledgeable retail agents in the field, Ron is frequently interviewed and quoted by the leading publications including,, and Real Estate Weekly. Ron’s track record of closings represents some of the highest prices and most aggressive cap rates in the marketplace. Most importantly, Ron prides himself on servicing his clients and working with them to achieve their short and long-term goals.

Newport Beach
Ron Duong

Ron Duong

Senior Vice President Investments
Tel: (949) 419-3233
Fax: (949) 419-2282

License:  CA  01438643

International Council of Shopping Centers

Senior Director - National Retail Group
Director - Net Leased Properties Group

Promoted to Associate in May, 2006
Promoted to Associate Vice President Investments in January, 2013
Promoted to Vice President Investments in July, 2013
Promoted to First Vice President Investments in January, 2017
Promoted to Senior Vice President Investments in October, 2017

  • Chairman's Club Award 2016
  • Top 10 Newport Beach Agent 2010, 2011, 2012, 2013, 2014, 2015, 2016
  • Top 20 Multi-Tenant Agent Nationwide 2010, 2012, 2015, 2016
  • Top 5 Newport Beach Agent 2011, 2012, 2014, 2015, 2016
  • #1 Retail Agent Newport Beach Office 2011, 2012, 2015, 2016

California State University Fullerton, BA Business Administration and Finance, 2000

Transactions Closed

  • 2851 West 120th Street

    2851 West 120th Street

    Shopping Neighborhood

    Hawthorne, CA
    Price: $25,000,000
    Size: 60,592 sqft

  • Little Saigon Shopping Center

    Little Saigon Shopping Center

    Shopping Neighborhood

    Westminster, CA
    Price: $18,000,000
    Size: 85,133 sqft

  • 10120 Garden Grove Boulevard

    10120 Garden Grove Boulevard

    Shopping Neighborhood

    Garden Grove, CA
    Price: $11,900,000
    Size: 35,515 sqft

  • Hacienda Village

    Hacienda Village

    Shopping Strip

    Hacienda Heights, CA
    Price: $5,750,000
    Size: 23,645 sqft

  • Tustin Plaza

    Tustin Plaza

    Shopping Strip

    Orange, CA
    Price: $8,271,300
    Size: 30,400 sqft

  • CVS


    Net Leased Drug Store

    West Covina, CA
    Price: $7,900,000
    Size: 16,197 sqft

  • Magnolia & La Palma Shopping Center

    Magnolia & La Palma Shopping Center

    Shopping Neighborhood

    Anaheim, CA
    Price: $5,525,000
    Size: 31,682 sqft

  • CVS/ pharmacy

    CVS/ pharmacy

    Net Leased Drug Store

    Buena Park, CA
    Price: $4,080,000
    Size: 10,800 sqft

  • Corporate BJ's Restaurant Ground Lease

    Corporate BJ's Restaurant Ground Lease

    Net Leased Restaurant

    Slidell, LA
    Price: $3,700,000
    Size: 7,200 sqft

  • Diamond Terrace

    Diamond Terrace

    Urban-High Street Retail

    San Diego, CA
    Price: $3,195,000
    Size: 6,274 sqft

  • 1708 West Chapman Avenue

    1708 West Chapman Avenue

    Shopping Strip

    Orange, CA
    Price: $4,780,550
    Size: 15,557 sqft

  • Panera Bread

    Panera Bread

    Net Leased Restaurant

    Menifee, CA
    Price: $2,175,000
    Size: 4,000 sqft

  • Beach & Ball Shopping Strip

    Beach & Ball Shopping Strip

    Shopping Strip

    Anaheim, CA
    Price: $4,300,000
    Size: 7,359 sqft

  • Shops at Fullerton College

    Shops at Fullerton College

    Shopping Strip

    Fullerton, CA
    Price: $2,085,000
    Size: 4,242 sqft

  • Harbor Boulevard Shopping Strip

    Harbor Boulevard Shopping Strip

    Shopping Strip

    Garden Grove, CA
    Price: $3,353,750
    Size: 12,238 sqft

  • Vons at Mission Plaza

    Vons at Mission Plaza

    Net Leased Grocery Store

    Ventura, CA
    Price: $6,100,000
    Size: 36,800 sqft

  • Cypress Square

    Cypress Square

    Shopping Community

    Cypress, CA
    Price: $6,395,000
    Size: 21,846 sqft

  • E Street Shopping Center

    E Street Shopping Center

    Shopping Neighborhood

    San Bernardino, CA
    Price: $4,265,000
    Size: 44,182 sqft

  • West Marine

    West Marine

    Net Leased Miscellaneous

    Dana Point, CA
    Price: $1,950,000
    Size: 3,690 sqft

  • 2618 West La Palma Avenue

    2618 West La Palma Avenue

    Shopping Strip

    Anaheim, CA
    Price: $1,850,000
    Size: 11,220 sqft

  • Buca di Beppo

    Buca di Beppo

    Net Leased Restaurant

    Garden Grove, CA
    Price: $2,320,000
    Size: 8,000 sqft

  • Carl's Jr. / Green Burrito

    Carl's Jr. / Green Burrito

    Net Leased Restaurant

    Santa Ana, CA
    Price: $2,510,000
    Size: 4,006 sqft

  • Starbucks And Fresh & Easy Express

    Starbucks And Fresh & Easy Express

    Shopping Strip

    Garden Grove, CA
    Price: $3,700,000
    Size: 6,275 sqft

  • Murg Plaza

    Murg Plaza

    Shopping Strip

    Anaheim, CA
    Price: $2,125,000
    Size: 8,509 sqft

  • Chapman Haster Ground Leases

    Chapman Haster Ground Leases

    Shopping Strip

    Orange, CA
    Price: $2,950,000
    Size: 14,740 sqft

  • 4058 - 4070 Tweedy Boulevard

    4058 - 4070 Tweedy Boulevard

    Shopping Strip

    South Gate, CA
    Price: $2,904,000
    Size: 9,451 sqft

  • The Coffee Bean & Tea Leaf

    The Coffee Bean & Tea Leaf

    Net Leased Restaurant

    La Palma, CA
    Price: $3,077,600
    Size: 1,900 sqft

  • 5895 Katella Avenue

    5895 Katella Avenue

    Retail Vacant/User

    Cypress, CA
    Price: $4,250,000
    Size: 23,500 sqft

In The News

  • High-Traffic Property Sells In Garden Grove

    Ron Duong a top retail agent in Marcus & Millichap's Newport Beach office, sells a high-traffic property in Garden Grove at one of the busiest intersections in Orange County.

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    Marcus & Millichap's Ron Duong Closes Inland Empire Record Sale

    Ron Duong of Marcus & Millchap's Newport Beach office, closed escrow on two Inland Empire retail properties for a total of $9.9 million. A San Bernardino County-based private investor acquired the...

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    Panera Bread, a 4,000 s/f net-leased property located in Menifee, CA, sold at a cap rate of 5 percent for $2,175,000

    Glen Kunofsky, executive vice president investments, and Don McMinn, senior associate from the firm’s Atlanta office, represented the seller, a private investor. The buyer, a private investor, was...

    Read More
  • Santa Ana Retail Sold

    The strip center at 2409-2415 W. 17th St. in Santa Ana, CA sold for $1.32 million, or $196 per square foot, in a sale between private investors. The 6,716-square-foot retail building was...

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    Orange County Strip Center Sells For $1.14M

    Kha Dinh Nguyen and Xuan Trieu sold 11841-11857 Beach Blvd. in Stanton, CA to Scotty Lee and Thao Tran for $1.14 million, or about $170 per square foot. The six-tenant strip center was sold at...

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    Investor Buys Fully Leased Strip Center

    A private investor purchased the strip center at 8450-8458 Edinger Ave. in Huntington Beach, CA, from a family trust for $1.5 million, or $266 per square foot. The capitalization rate was 6.3...

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  • Gridley Plaza in Artesia Sells for $3.8M

    Private investors traded the 30,678-square-foot retail/office building at 18300 Gridley Road in Artesia, CA, for $3.75 million, or approximately $122 per square foot. The building, known as the...

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    Buca di Beppo Nets $2.3M

    The Buci di Beppo restaurant at 11757 Harbor Blvd. in Garden Grove, CA sold for $2.32 million, or $290 per square-foot, in a sale between private investors. The 8,000-square-foot retail...

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    Medical/Dental Bldg. Sold in Covina

    A private trust purchased the medical/dental building at 554-560 W. Badillo St. in Covina, CA, from Kenneth Catanzarite for $1.7 million, or about $323 per square foot. Built in 1969, the...

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  • La Habra Strip Center Grabs $1.4 M

    Downey, CA-based investor Makasjian Properties purchased the strip center at 710-720 E. Whittier Blvd. in La Habra, CA, from a private trust for $1.4 million or $210 per square foot. This...

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