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Palm Desert, California

Commercial Real Estate in Palm Springs

Contact Our Office

74-710 Highway 111, Suite 102
Palm Desert, CA 92260
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Phone: (909) 456-3400
Fax: (909) 456-3410

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Connect With Our Team

In 1971, Marcus & Millichap was founded on a unique set of principles to maximize value for real estate investors and, in the process, revolutionized the brokerage industry.

Mario J. Alvarez, Jr.

Mario J. Alvarez, Jr.

Managing Director, Market Leader- Inland Empire
Direct: (909) 456-3450
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The Palm Springs Office

The Palm Springs office of Marcus & Millichap provides tailored commercial real estate investment and advisory services throughout the Coachella Valley and Southern California. Palm Springs commercial real estate agents handle transactions involving multifamily, industrial, retail, hospitality, seniors housing, and other property types. Leveraging the strength of Marcus & Millichap’s 80+ offices and nearly 1,700 professionals, our team promotes real estate properties for sale through a powerful national network. Financing support is available through Marcus & Millichap Capital Corporation representatives.

CA Broker License No.: 00530854

Marcus & Millichap Capital Corporation License No.: 01204293

CURRENT SOUTHERN CALIFORNIA LISTINGS

Your Property Search Starts Here

Finding the right investment opportunity is easy when choosing from the industry’s largest, most diverse collection of exclusive commercial real estate listings. Start your search now.

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Hospitality/Golf

Caliente Tropics Resort

Palm Springs, CA

Price/Room: $98,913

Listing Price: $9,100,000

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Retail

12640 Riverside Dr

Valley Village, CA

Price/Gross SF: $437.14

Listing Price: $7,650,000

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Hospitality/Golf

Sol Springs Inn

Cathedral City, CA

Price/Room: $104,651

Listing Price: $4,500,000

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Industrial

Paramount Boulevard Multi-Tenant

Pico Rivera, CA

Price/Gross SF: $256.43

Cap Rate: 6.14%

Listing Price: $4,862,500

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Apartments

10393 Almayo Avenue

Los Angeles, CA

Number of Units: 6

Listing Price: $2,550,000

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Hospitality/Golf

Entitled TownePlace Suites Development Opportunity

Hemet, CA

Price/Room: $18,817

Listing Price: $1,750,000

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Apartments

6521 S Crenshaw Boulevard

Los Angeles, CA

Number of Units: 14

Cap Rate: 7.34%

Listing Price: $2,500,000

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Apartments

Clearbrook Terrace

Vista, CA

Number of Units: 41

Cap Rate: 5.05%

Listing Price: $14,600,000

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Industrial

9190-9214 Exposition Blvd

Los Angeles, CA

Price/Gross SF: $228.06

Listing Price: $3,295,000

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Apartments

Halsted Garden Apartments

Los Angeles, CA

Number of Units: 44

Cap Rate: 5.82%

Listing Price: $9,250,000

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Net Lease

Circle K

Fullerton, CA

Years Remaining On Lease: 3.2

Cap Rate: 5.00%

Listing Price: $2,311,920

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Apartments

6121 Woodman Ave

Los Angeles, CA

Number of Units: 45

Cap Rate: 5.29%

Listing Price: $9,650,000

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Retail

1960 Santa Fe Ave

Long Beach, CA

Price/Gross SF: $468.95

Cap Rate: 7.14%

Listing Price: $1,495,000

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Apartments

4441-45 Tujunga Ave

Los Angeles, CA

Number of Units: 6

Cap Rate: 5.30%

Listing Price: $2,595,000

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Retail

2721 W Magnolia Blvd

Burbank, CA

Price/Gross SF: $578.19

Cap Rate: 4.86%

Listing Price: $8,700,000

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Properties

RECENT SOUTHERN CALIFORNIA RESEARCH

Essential Market Insights

Marcus & Millichap’s research services division is dedicated to providing our clients with cutting-edge market research and innovative insights. Browse our recent reports and videos focused on your areas of interest.

VIEW ALL SOCAL RESEARCH VIEW ALL U.S. & CANADA RESEARCH

Research Video

Will Capital Flow to CRE in 2026?

January 20, 2026

Employment

Research Brief

Retail Sales

January 2026

mm hospitality

Research Brief

2026 Hospitality Outlook

January 2026

GDP

Research Brief

Inflation

January 2026

Employment

Research Brief

2026 Equity Capital Outlook

January 2026

Employment

Research Brief

Employment

January 2026

Research Video

How Interest Rates and Lending Could Shape CRE in 2026

January 12, 2026

GDP

Research Brief

Interest Rates

January 2026

GDP

Research Brief

2026 Interest Rates & Debt Capital Outlook

January 2026

Research Video

Key Forces Shaping the 2026 CRE Outlook: Employment

January 5, 2026

Employment

Research Brief

2026 Employment Outlook

January 2026

Economy

Research Brief

Economic Update

December 2025

GDP

Research Brief

Gross Domestic Product

December 2025

Research Video

Retail Real Estate: Sustaining Momentum In 2026

December 22, 2025

Retail

Research Brief

2026 Retail Outlook

December 2025

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Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

Stay informed with the news and events impacting your investment strategy.

VIEW ALL SOCAL NEWS & EVENTS VIEW ALL NEWS & EVENTS
Live Webcast: Dynamic CRE Outlook
Marcus & Millichap Events

Live Webcast: Will 2026 Mark the Transition to a More Dynamic CRE Outlook?

Live Webcast
January 22, 2026
Americas Lodging Investment Summit
Industry Events

Americas Lodging Investment Summit

JW Marriott/Ritz-Carlton Los Angeles L.A. LIVE, Los Angeles, CA
January 26 – January 28, 2026
Industry Events

NMHC Annual Meeting

ARIA Resort & Casino, Las Vegas, NV
January 27 – January 29, 2026
MBA CREF 2026
Industry Events

MBA CREF 2026

Manchester Grand Hyatt, San Diego, CA
February 8 – February 11, 2026
Best Ever Conference
Industry Events

Best Ever Conference

Hyatt Regency, Salt Lake City, UT
February 18 – February 20, 2026
I.CON West
Industry Events

I.CON West

InterContinental Los Angeles Downtown, Los Angeles, CA
March 3 – March 4, 2026
SSA Spring Conference and Trade Show
Industry Events

SSA Spring Conference and Trade Show

Henry B. González Convention Center, San Antonio, TX
March 18 – March 20, 2026
NIC Spring Conference
Industry Events

NIC Spring Conference

Nashville, TN
March 30 – April 1, 2026
Inside Self-Storage World Expo
Industry Events

Inside Self-Storage World Expo

Caesars Forum Conference Center, Las Vegas, NV
April 7 – April 10, 2026
AAHOACON26
Industry Events

AAHOACON26

Philadelphia Convention Center, Philadelphia, PA
April 8 – April 10, 2026
ICSC LAS VEGAS
Industry Events

ICSC LAS VEGAS

Las Vegas Convention Center, Las Vegas, NV
May 18 – May 20, 2026
Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

Will 2026 Mark the Turning Point For Commercial Real Estate?

December 19, 2025

Schwab Network Features Marcus & Millichap CEO Hessam Nadji

Video

Schwab Network Features Marcus & Millichap CEO Hessam Nadji

How Fed Policies Are Shaping CRE Investment

December 12, 2025

Multi-Housing News

Media

Multifamily Investors Returning as Values Stabilize

With construction tapering, confidence is making a comeback.

December 05, 2025

Bloomberg Features Hessam Nadji

Video

Bloomberg News Features Marcus & Millichap CEO Hessam Nadji

The Three Forces Driving Commercial Real Estate; Why Retail Continues to Outperform

November 15, 2025

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News & Events