Marcus & Millichap

Robert Johnston

Overview

Robert Johnston is an apartment investment specialist in the firm's founding Palo Alto office.  As a Senior Vice President of Investments, Robert exclusively represents buyers and sellers in the acquisition and disposition of multi-family and single-tenant retail properties throughout the country with a concentration in the Bay Area. Robert has established himself as a leading Bay Area apartment broker.  Among other transactions, Robert recently closed a highly publicized apartment in Belmont for $23.65 Million.

Robert Johnston ranked as a top 40 agent nationwide (out of approximately 1600 M&M agents) in 2015 and was recognized as such in the Wall Street Journal.  
He was a top 5 Palo Alto Investment Professional in 2016 and 2015 and a top 10 investment professional in 2014, 2013 & 2012.  Robert received a Chairman's Club Award in 2016 and 2015 and National Achievement Awards in 2016,  2015 & 2014.  Robert is a Director of Marcus and Millichap's National Multi Housing Group. 

Robert Johnston is a member of the Silicon Valley Association of Realtors, MLS, LoopNet, Costar and Tri County Apartment Association.  He graduated from Arizona State University in 2007 with a BS in Real Estate Development and in his spare time he enjoys traveling, golfing and spending time with family, friends and his new bride, Natalie. 

Palo Alto
Robert Johnston

Robert Johnston

Senior Managing Director Investments
Tel: (650) 391-1744
Fax: (650) 391-1710

License:  CA  01853816

National Multi Housing Council

Senior Director - National Multi Housing Group

Promoted to Senior Associate in August, 2012
Promoted to Associate Vice President Investments in October, 2014
Promoted to Vice President Investments in July, 2015
Promoted to Senior Vice President Investments in January, 2017
Promoted to Senior Managing Director Investments in July, 2018

Chairman's Club (CC): 2018, 2017, 2016, 2015
National Achievement Award: 2018, 2017, 2016, 2015, 2014
Sales Recognition Award: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012

  • Rookie Of The Year - 2010

Our Team

Levin Johnston Group

The Levin Johnston Group of Marcus and Millichap is an industry-leading investment advisor
that provides unparalleled commercial real estate advisory services to help
grow and sustain wealth for investors throughout the United States.

Listed Properties

Transactions Closed

  • Arbordale Gardens Apartments

    Arbordale Gardens Apartments

    Multifamily

    Fremont, CA
    Price: $27,750,000
    Size: 46,336 sqft
    Size: 72 units
    Cap Rate: 3.71%

  • Velocity at Lawrence Station

    Velocity at Lawrence Station

    Multifamily

    Santa Clara, CA
    Price: $25,550,000
    Size: 37,459 sqft
    Size: 56 units
    Cap Rate: 4.65%

  • Vista Del Sol

    Vista Del Sol

    Multifamily

    Pleasanton, CA
    Price: $24,250,000
    Size: 55,080 sqft
    Size: 73 units
    Cap Rate: 4.49%

  • three21 @ Belmont

    three21 @ Belmont

    Multifamily

    Belmont, CA
    Price: $23,650,000
    Size: 31,950 sqft
    Size: 65 units
    Cap Rate: 4.19%

  • The Bungalows at Mathilda Avenue

    The Bungalows at Mathilda Avenue

    Multifamily

    Sunnyvale, CA
    Price: $22,500,000
    Size: 68 units
    Cap Rate: 4.26%

  • Vista Del Sol Apartments

    Vista Del Sol Apartments

    Multifamily

    Pleasanton, CA
    Price: $22,500,000
    Size: 47,030 sqft
    Size: 73 units
    Cap Rate: 4.22%

  • 180 Flats

    180 Flats

    Multifamily

    Redwood City, CA
    Price: $21,750,000
    Size: 51,701 sqft
    Size: 48 units
    Cap Rate: 4.46%

  • Montecito West

    Montecito West

    Multifamily

    Woodside, CA
    Price: $21,000,000
    Size: 33,600 sqft
    Size: 42 units
    Cap Rate: 3.95%

  • Mosaic Castro Valley

    Mosaic Castro Valley

    Multifamily

    Castro Valley, CA
    Price: $20,000,000
    Size: 47,827 sqft
    Size: 62 units
    Cap Rate: 4.89%

  • The Marquis Luxury Homes LLC

    The Marquis Luxury Homes LLC

    Multifamily

    Mountain View, CA
    Price: $19,000,000
    Size: 40,652 sqft
    Size: 32 units
    Cap Rate: 1.75%

  • Victoria Park

    Victoria Park

    Multifamily

    Fremont, CA
    Price: $18,600,000
    Size: 48,300 sqft
    Size: 60 units
    Cap Rate: 3.21%

  • Colony Manor

    Colony Manor

    Multifamily

    Sunnyvale, CA
    Price: $18,600,000
    Size: 37,216 sqft
    Size: 40 units
    Cap Rate: 3.89%

  • Oxford Manor Apartments

    Oxford Manor Apartments

    Multifamily

    Belmont, CA
    Price: $17,550,000
    Size: 40,100 sqft
    Size: 65 units
    Cap Rate: 4.30%

  • 1953 Via Reggio CT

    1953 Via Reggio CT

    Multifamily

    San Jose, CA
    Price: $17,280,000
    Size: 38,678 sqft
    Size: 48 units
    Cap Rate: 2.79%

  • 283-301 & 327 Curtner Ave

    283-301 & 327 Curtner Ave

    Multifamily

    Palo Alto, CA
    Price: $16,800,000
    Size: 15,650 sqft
    Size: 32 units
    Cap Rate: 3.01%

  • Da Vinci Apartments

    Da Vinci Apartments

    Multifamily

    Davis, CA
    Price: $16,000,000
    Size: 62,414 sqft
    Size: 51 units
    Cap Rate: 5.08%

  • Mosaic Apartments

    Mosaic Apartments

    Multifamily

    Redwood City, CA
    Price: $15,977,800
    Size: 34,662 sqft
    Size: 41 units
    Cap Rate: 4.54%

  • pksl

    pksl

    Multifamily

    Sunnyvale, CA
    Price: $15,650,000
    Size: 26,488 sqft
    Size: 37 units
    Cap Rate: 4.27%

  • 3515 Walnut Ave

    3515 Walnut Ave

    Land - Commercial

    Fremont, CA
    Price: $15,500,000

  • Village Drive Apartments

    Village Drive Apartments

    Multifamily

    Belmont, CA
    Price: $15,200,000
    Size: 25,700 sqft
    Size: 30 units
    Cap Rate: 4.31%

  • Velocity at Sequoia Station

    Velocity at Sequoia Station

    Multifamily

    Redwood City, CA
    Price: $15,050,000
    Size: 34,300 sqft
    Size: 30 units
    Cap Rate: 4.41%

  • 180 Buckingham Avenue

    180 Buckingham Avenue

    Multifamily

    Redwood City, CA
    Price: $15,000,000
    Size: 34,125 sqft
    Size: 48 units
    Cap Rate: 4.24%

  • Mosaic Apartments

    Mosaic Apartments

    Multifamily

    Redwood City, CA
    Price: $14,760,000
    Size: 34,662 sqft
    Size: 41 units
    Cap Rate: 5.05%

  • Peachbrook Apartments

    Peachbrook Apartments

    Multifamily

    Santa Clara, CA
    Price: $14,400,000
    Size: 26,403 sqft
    Size: 37 units
    Cap Rate: 4.07%

  • The Village At Lawrence Station

    The Village At Lawrence Station

    Multifamily

    Santa Clara, CA
    Price: $14,250,000
    Size: 37,032 sqft
    Size: 55 units
    Cap Rate: 4.25%

  • Casa Belview

    Casa Belview

    Multifamily

    Belmont, CA
    Price: $14,000,000
    Size: 23,784 sqft
    Size: 28 units
    Cap Rate: 3.04%

  • Bonanza Apartments

    Bonanza Apartments

    Multifamily

    Alameda, CA
    Price: $14,000,000
    Size: 33,380 sqft
    Size: 52 units
    Cap Rate: 3.24%

  • Ten Birch

    Ten Birch

    Multifamily

    Redwood City, CA
    Price: $13,600,000
    Size: 37,810 sqft
    Size: 27 units
    Cap Rate: 2.43%

  • Belview Heights

    Belview Heights

    Multifamily

    Belmont, CA
    Price: $13,125,000
    Size: 24,245 sqft
    Size: 25 units
    Cap Rate: 3.03%

  • 180 Buckingham Avenue

    180 Buckingham Avenue

    Multifamily

    Redwood City, CA
    Price: $13,100,000
    Size: 34,125 sqft
    Size: 48 units
    Cap Rate: 4.27%

  • Stratford Village Retail Center

    Stratford Village Retail Center

    Shopping Strip

    Hayward, CA
    Price: $12,950,000
    Size: 40,852 sqft
    Size: 17 units
    Cap Rate: 5.64%

  • Sunset Apartments

    Sunset Apartments

    Multifamily

    Sunnyvale, CA
    Price: $12,800,000
    Size: 18,610 sqft
    Size: 41 units
    Cap Rate: 4.07%

  • First Street Manor

    First Street Manor

    Multifamily

    San Jose, CA
    Price: $12,470,000
    Size: 18,320 sqft
    Size: 39 units
    Cap Rate: 4.47%

  • Cedar Townhomes

    Cedar Townhomes

    Multifamily

    Newark, CA
    Price: $12,050,000
    Size: 34,000 sqft
    Size: 40 units
    Cap Rate: 4.30%

  • Calaveras and Adams Portfolio

    Calaveras and Adams Portfolio

    Multifamily

    Milpitas, CA
    Price: $11,050,000
    Size: 26,080 sqft
    Size: 32 units
    Cap Rate: 4.26%

  • 3515 Walnut Ave

    3515 Walnut Ave

    Land - Mixed-Use

    Fremont, CA
    Price: $11,000,000

  • DaVinci Court

    DaVinci Court

    Student Housing

    Davis, CA
    Price: $10,800,000
    Size: 61,856 sqft
    Size: 51 units
    Cap Rate: 6.32%

  • Glen Eyrie Towers

    Glen Eyrie Towers

    Multifamily

    San Jose, CA
    Price: $10,600,000
    Size: 24,933 sqft
    Size: 30 units
    Cap Rate: 4.33%

  • The Maubert Apartments

    The Maubert Apartments

    Multifamily

    San Leandro, CA
    Price: $10,500,000
    Size: 26,407 sqft
    Size: 34 units
    Cap Rate: 5.01%

  • 3530-3540 Farm Hill Boulevard

    3530-3540 Farm Hill Boulevard

    Multifamily

    Redwood City, CA
    Price: $10,450,000
    Size: 15,400 sqft
    Size: 23 units
    Cap Rate: 3.36%

  • Delano Apartments

    Delano Apartments

    Multifamily

    San Jose, CA
    Price: $10,000,000
    Size: 21,952 sqft
    Size: 35 units
    Cap Rate: 4.94%

  • 350 Dunster Dr

    350 Dunster Dr

    Multifamily

    Campbell, CA
    Price: $10,000,000
    Size: 15,024 sqft
    Size: 26 units
    Cap Rate: 4.57%

  • 200 Dumbarton Ave

    200 Dumbarton Ave

    Multifamily

    Redwood City, CA
    Price: $10,000,000
    Size: 21,025 sqft
    Size: 33 units
    Cap Rate: 4.53%

  • Jefferson Apartments

    Jefferson Apartments

    Multifamily

    Redwood City, CA
    Price: $10,000,000
    Size: 19,500 sqft
    Size: 30 units
    Cap Rate: 3.81%

  • 620 Alamo CT

    620 Alamo CT

    Multifamily

    Mountain View, CA
    Price: $9,883,875
    Size: 19,318 sqft
    Size: 25 units
    Cap Rate: 2.94%

  • 180 Buckingham Avenue

    180 Buckingham Avenue

    Multifamily

    Redwood City, CA
    Price: $9,650,800
    Size: 34,125 sqft
    Size: 48 units
    Cap Rate: 5.24%

  • Barcelona Apartments

    Barcelona Apartments

    Multifamily

    San Jose, CA
    Price: $9,500,000
    Size: 23,348 sqft
    Size: 25 units
    Cap Rate: 3.83%

  • Velocity at Clinton

    Velocity at Clinton

    Multifamily

    Redwood City, CA
    Price: $9,450,000
    Size: 17,574 sqft
    Size: 18 units
    Cap Rate: 4.95%

  • 131 Elm St

    131 Elm St

    Multifamily

    San Mateo, CA
    Price: $9,350,000
    Size: 17,369 sqft
    Size: 20 units
    Cap Rate: 2.89%

  • Woodlane Apartments

    Woodlane Apartments

    Multifamily

    Redwood City , CA
    Price: $9,150,000
    Size: 34,662 sqft
    Size: 41 units
    Cap Rate: 4.15%

  • Delano Apartments

    Delano Apartments

    Multifamily

    San Jose, CA
    Price: $9,050,000
    Size: 25,350 sqft
    Size: 35 units
    Cap Rate: 4.91%

  • Villa Fairlane

    Villa Fairlane

    Multifamily

    San Jose, CA
    Price: $9,050,000
    Size: 21,560 sqft
    Size: 35 units
    Cap Rate: 5.07%

  • Doctors Medical Plaza

    Doctors Medical Plaza

    Office Medical

    Granada Hills, CA
    Price: $9,000,000
    Cap Rate: 7.33%

  • 440 Rengstorff Apartments

    440 Rengstorff Apartments

    Multifamily

    Mountain View, CA
    Price: $8,800,000
    Size: 12,720 sqft
    Size: 16 units
    Cap Rate: 2.41%

  • Park Towers Townhomes

    Park Towers Townhomes

    Multifamily

    Castro Valley, CA
    Price: $8,700,000
    Size: 40,212 sqft
    Size: 51 units
    Cap Rate: 4.58%

  • 801 Middlefield Rd

    801 Middlefield Rd

    Multifamily

    Palo Alto, CA
    Price: $8,450,000
    Size: 13,175 sqft
    Size: 12 units
    Cap Rate: 3.18%

  • The Oaks

    The Oaks

    Multifamily

    Redwood City, CA
    Price: $8,400,000
    Size: 18,100 sqft
    Size: 22 units
    Cap Rate: 4.39%

  • Laurel Place

    Laurel Place

    Multifamily

    San Mateo, CA
    Price: $8,300,000
    Size: 16,632 sqft
    Size: 20 units
    Cap Rate: 4.89%

  • 500 Chiquita Ave

    500 Chiquita Ave

    Multifamily

    Mountain View, CA
    Price: $8,200,000
    Size: 15,326 sqft
    Size: 20 units
    Cap Rate: 3.07%

  • Cambridge Court Townhomes

    Cambridge Court Townhomes

    Multifamily

    Fremont, CA
    Price: $7,650,000
    Size: 21,760 sqft
    Size: 17 units
    Cap Rate: 3.46%

  • Carlmont Hills Apartments

    Carlmont Hills Apartments

    Multifamily

    Belmont, CA
    Price: $7,580,000
    Size: 15,200 sqft
    Size: 16 units
    Cap Rate: 3.74%

  • Casa Del Medio Apartments

    Casa Del Medio Apartments

    Multifamily

    Mountain View, CA
    Price: $7,550,000
    Size: 18 units
    Cap Rate: 4.21%

  • 180 Buckingham Avenue

    180 Buckingham Avenue

    Multifamily

    Redwood City, CA
    Price: $7,500,000
    Size: 55,624 sqft
    Size: 48 units
    Cap Rate: 5.46%

  • 600 Mariner's Island Boulevard

    600 Mariner's Island Boulevard

    Multifamily

    San Mateo, CA
    Price: $7,500,000
    Size: 23,370 sqft
    Size: 24 units
    Cap Rate: 5.03%

  • 3201 Cadillac Dr

    3201 Cadillac Dr

    Multifamily

    San Jose, CA
    Price: $7,480,000
    Size: 18,694 sqft
    Size: 30 units
    Cap Rate: 5.01%

  • Laurel Place Apartments

    Laurel Place Apartments

    Multifamily

    San Mateo, CA
    Price: $7,300,000
    Size: 16,635 sqft
    Size: 20 units
    Cap Rate: 4.00%

  • 1617 & 1621 Sixth Avenue

    1617 & 1621 Sixth Avenue

    Multifamily

    Belmont, CA
    Price: $7,250,000
    Size: 18,244 sqft
    Size: 17 units
    Cap Rate: 4.43%

  • 2785 Homestead Rd

    2785 Homestead Rd

    Multifamily

    Santa Clara, CA
    Price: $7,200,000
    Size: 11,688 sqft
    Size: 19 units
    Cap Rate: 4.52%

  • 1408 Reeve St

    1408 Reeve St

    Multifamily

    Santa Clara, CA
    Price: $7,100,000
    Size: 11,284 sqft
    Size: 20 units
    Cap Rate: 4.70%

  • Carlmont Hills Apartments

    Carlmont Hills Apartments

    Multifamily

    Belmont, CA
    Price: $7,080,000
    Size: 15,200 sqft
    Size: 16 units
    Cap Rate: 3.66%

  • Pomeroy Avenue Apartments

    Pomeroy Avenue Apartments

    Multifamily

    Santa Clara, CA
    Price: $7,000,000
    Size: 13,800 sqft
    Size: 20 units
    Cap Rate: 3.72%

  • Terrace Manor Apartments

    Terrace Manor Apartments

    Multifamily

    Redwood City, CA
    Price: $7,000,000
    Size: 16,814 sqft
    Size: 17 units
    Cap Rate: 4.40%

  • 1331 Jefferson Avenue

    1331 Jefferson Avenue

    Multifamily

    Redwood City, CA
    Price: $6,900,000
    Size: 21,000 sqft
    Size: 30 units
    Cap Rate: 4.88%

  • 1442 Gordon Street

    1442 Gordon Street

    Multifamily

    Redwood City, CA
    Price: $6,800,000
    Size: 16,140 sqft
    Size: 14 units
    Cap Rate: 4.14%

  • Belmont Heights

    Belmont Heights

    Multifamily

    Belmont, CA
    Price: $6,783,775
    Size: 10,528 sqft
    Size: 22 units
    Cap Rate: 4.51%

  • 2785 Homestead Road

    2785 Homestead Road

    Multifamily

    Santa Clara, CA
    Price: $6,750,000
    Size: 11,814 sqft
    Size: 19 units
    Cap Rate: 4.58%

  • The Bristol Manor Apartments

    The Bristol Manor Apartments

    Multifamily

    San Leandro , CA
    Price: $6,700,000
    Size: 35,500 sqft
    Size: 34 units
    Cap Rate: 5.32%

  • Terrace Manor Apartments

    Terrace Manor Apartments

    Multifamily

    Redwood City, CA
    Price: $6,375,000
    Size: 16,814 sqft
    Size: 17 units
    Cap Rate: 4.11%

  • 1440 Gordon Street

    1440 Gordon Street

    Multifamily

    Redwood City, CA
    Price: $6,350,000
    Size: 14,300 sqft
    Size: 15 units
    Cap Rate: 3.95%

  • Los Arboles

    Los Arboles

    Multifamily

    Monterey, CA
    Price: $6,145,000
    Size: 20,989 sqft
    Size: 33 units
    Cap Rate: 4.65%

  • 910 Clinton Street, Redwood City, California

    910 Clinton Street, Redwood City, California

    Multifamily

    Redwood City, CA
    Price: $6,050,000
    Size: 17,550 sqft
    Size: 18 units
    Cap Rate: 3.35%

  • 723-737 Sutter Avenue

    723-737 Sutter Avenue

    Multifamily

    Palo Alto, CA
    Price: $5,973,000
    Size: 4,500 sqft
    Size: 08 units
    Cap Rate: 2.82%

  • The Ravenscourt Apartments

    The Ravenscourt Apartments

    Multifamily

    Campbell, CA
    Price: $5,612,000
    Size: 13,440 sqft
    Size: 16 units
    Cap Rate: 4.12%

  • 199 Acalanes Drive

    199 Acalanes Drive

    Multifamily

    Sunnyvale, CA
    Price: $5,600,000
    Size: 13,296 sqft
    Size: 14 units
    Cap Rate: 3.38%

  • The Sands Apartments

    The Sands Apartments

    Multifamily

    San Jose, CA
    Price: $5,580,000
    Size: 11,012 sqft
    Size: 18 units
    Cap Rate: 5.62%

  • 1978 Bellomy Street

    1978 Bellomy Street

    Multifamily

    Santa Clara, CA
    Price: $5,375,000
    Size: 10,316 sqft
    Size: 14 units
    Cap Rate: 4.42%

  • 1416 FLORIBUNDA AVE

    1416 FLORIBUNDA AVE

    Multifamily

    Burlingame, CA
    Price: $5,325,000
    Size: 8,344 sqft
    Size: 09 units
    Cap Rate: 3.05%

  • 152 Lincoln Avenue

    152 Lincoln Avenue

    Multifamily

    Redwood City, CA
    Price: $5,300,000
    Size: 11,550 sqft
    Size: 18 units
    Cap Rate: 4.34%

  • 707 Sutter Ave

    707 Sutter Ave

    Multifamily

    Palo Alto, CA
    Price: $5,275,000
    Size: 4,500 sqft
    Size: 08 units
    Cap Rate: 3.23%

  • 90 Kent Court

    90 Kent Court

    Multifamily

    Daly City, CA
    Price: $5,000,000
    Size: 28,200 sqft
    Size: 30 units
    Cap Rate: 5.67%

  • Carlmont Hills Apartments

    Carlmont Hills Apartments

    Multifamily

    Belmont, CA
    Price: $4,995,000
    Size: 15,200 sqft
    Size: 16 units
    Cap Rate: 4.89%

  • 650 S 8th St

    650 S 8th St

    Multifamily

    San Jose, CA
    Price: $4,900,000
    Size: 9,769 sqft
    Size: 17 units
    Cap Rate: 4.90%

  • Jefferson Apartments

    Jefferson Apartments

    Multifamily

    Redwood City, CA
    Price: $4,800,000
    Size: 19,500 sqft
    Size: 30 units
    Cap Rate: 5.52%

  • 1020 South 12th Street

    1020 South 12th Street

    Multifamily

    San Jose, CA
    Price: $4,800,000
    Size: 12,000 sqft
    Size: 24 units
    Cap Rate: 4.99%

  • 17 Devonshire Blvd

    17 Devonshire Blvd

    Multifamily

    San Carlos, CA
    Price: $4,800,000
    Size: 9,470 sqft
    Size: 10 units
    Cap Rate: 3.09%

  • Belmont Gardens

    Belmont Gardens

    Multifamily

    Belmont, CA
    Price: $4,778,000
    Size: 10,528 sqft
    Size: 22 units
    Cap Rate: 5.74%

  • 1665 Sixth Ave

    1665 Sixth Ave

    Multifamily

    Belmont, CA
    Price: $4,625,000
    Size: 11,595 sqft
    Size: 10 units
    Cap Rate: 3.39%

  • Wolf Den Plaza

    Wolf Den Plaza

    Shopping Strip

    Rohnert Park, CA
    Price: $4,575,000
    Size: 18,720 sqft
    Cap Rate: 7.52%

  • Terrace Manor Apartments

    Terrace Manor Apartments

    Multifamily

    Redwood City, CA
    Price: $4,500,000
    Size: 16,814 sqft
    Size: 17 units
    Cap Rate: 4.18%

  • 1550 & 1570 Ebener Street

    1550 & 1570 Ebener Street

    Multifamily

    Redwood City, CA
    Price: $4,450,000
    Size: 8,400 sqft
    Size: 12 units
    Cap Rate: 4.23%

There are additional transactions closed, contact us for more.

In The News

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  • Levin Johnston Negotiates Two Multifamily Sales in California Totaling $32.1M

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    Davis Apartment Transaction

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