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Palo Alto, California

Commercial Real Estate in Palo Alto

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2626 Hanover Street,
Palo Alto, CA 94304
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Phone: (650) 391-1700
Fax: (650) 391-1710

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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.

Ramon Kochavi

Ramon Kochavi

First Vice President / District Manager
Direct: (650) 391-1750
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The Palo Alto Office

The Palo Alto office of Marcus & Millichap delivers comprehensive investment services across the Bay Area, backed by national reach and local expertise. Palo Alto commercial real estate agents handle transactions involving multifamily, single-tenant net-lease, office, retail, hospitality, land, and special assets. Through our robust marketing platform, we connect clients to the industry’s largest database of real estate properties for sale and a wide network of buyers. Financing services are available through Marcus & Millichap Capital Corporation representatives located in the office.

CA Broker License No.: 00530854

Marcus & Millichap Capital Corporation License No.: 01204293

CURRENT NORTHERN 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.

VIEW AVAILABLE NORCAL LISTINGS VIEW AVAILABLE U.S. & CANADA LISTINGS
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Apartments

610 E Pine St

Lodi, CA

Number of Units: 18

Cap Rate: 6.21%

Listing Price: $2,900,000

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Apartments

660 Roble Ave

Menlo Park, CA

Number of Units: 8

Cap Rate: 3.40%

Listing Price: $4,788,888

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Apartments

Tiburon Townhomes

Tiburon, CA

Number of Units: 4

Cap Rate: 3.68%

Listing Price: $2,950,000

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Industrial

1430 Auburn Blvd

Sacramento, CA

Price/Gross SF: $180.00

Listing Price: $1,420,920

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Apartments

2216 O Street

Sacramento, CA

Number of Units: 9

Cap Rate: 4.00%

Listing Price: $1,390,000

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Apartments

The Four Seasons Apartments

Castro Valley, CA

Number of Units: 18

Cap Rate: 5.12%

Listing Price: $4,850,000

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Apartments

Oak St Apartments

Auburn, CA

Number of Units: 5

Cap Rate: 5.59%

Listing Price: $899,000

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Apartments

517 Vera Ave

Redwood City, CA

Number of Units: 6

Cap Rate: 5.07%

Listing Price: $2,890,000

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Retail

Silver Creek Shopping Center

Oakhurst, CA

Price/Gross SF: $77.78

Cap Rate: 7.72%

Listing Price: $1,649,000

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Net Lease

Applebee's | Excellent Operator with Strong Sales

Clovis, CA

Years Remaining On Lease: 8.0

Cap Rate: 6.75%

Listing Price: $4,524,000

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Net Lease

Infill San Francisco NNN US Bank

San Francisco, CA

Years Remaining On Lease: 3.3

Cap Rate: 5.75%

Listing Price: $7,721,000

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Office

440 Brannan St

San Francisco, CA

Price/Gross SF: $374.64

Cap Rate: 4.00%

Listing Price: $4,350,000

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Apartments

1283 University Ave

Berkeley, CA

Cap Rate: 5.76%

Listing Price: $1,399,000

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Net Lease

A&W All American Food

St. Helena, CA

Years Remaining On Lease: 0.6

Listing Price: Request For Offer

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Apartments

1029 Ranchito Ct

El Cerrito, CA

Number of Units: 2

Cap Rate: 3.34%

Listing Price: $1,025,000

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Properties

RECENT NORTHERN 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 NORCAL RESEARCH VIEW ALL U.S. & CANADA RESEARCH
Employment

Research Brief

Employment

September 2025

Research Video

If The Fed Cuts Interest Rates, Will Cap Rates Follow?

September 8, 2025

US Money

Research Brief

Cap Rates

September 2025

Research Video

Will A Wave Of Distressed CRE Come To Market?

September 2, 2025

mm financial

Research Brief

CRE Distress Update

September 2025

Housing

Research Brief

Housing

August 2025

mm retail

Market Report

Retail National Report

3Q 2025

Research Video

Durable Retail Sales Positive For CRE

August 25, 2025

Economy

Research Brief

Retail Sales

August 2025

Research Video

Inflation Still Looks Tame – Should the Fed Cut Rates?

August 18, 2025

GDP

Research Brief

Inflation

August 2025

Research Video

The Forces Driving Interest Rates Lower – Will They Last?

August 11, 2025

Research Video

CRE Space Demand Trends for 2Q

August 4, 2025

Employment

Research Brief

Employment

August 2025

GDP

Research Brief

Gross Domestic Product

August 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.

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Connect Apartments 2025
Industry Events

Connect Apartments 2025

Fairmont Century Plaza, Los Angeles, CA
September 11, 2025
ICSC@WESTERN
Industry Events

ICSC@WESTERN

Palm Springs Convention Center, Palm Springs, CA
September 28 – September 30, 2025
The Lodging Conference
Industry Events

The Lodging Conference

JW Marriott Phoenix Desert Ridge Resort & Spa, Phoenix, AZ
October 6 – October 10, 2025
2025 WMA Convention & Expo
Industry Events

2025 WMA Convention & Expo

Peppermill Resort, Reno, NV
October 6 – October 9, 2025
CREW Network Convention
Industry Events

CREW Network Convention

Fairmont Hotel, Austin, TX
October 8 – October 10, 2025
Globe St. Multifamily Fall
Industry Events

Globe St. Multifamily Fall

JW Marriott Los Angeles L.A. LIVE, Los Angeles, CA
October 20, 2025
Manteca Golf & Tennis Club

Press Releases

Marcus & Millichap Closes Multifamily Asset Sale in Manteca

Marcus & Millichap announced today the sale of Manteca Golf & Tennis Villas, a 56-unit multifamily property in Manteca, California.

July 19, 2025

Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

The Bellagio, Las Vegas, NV
November 10 – November 12, 2025
GlobeSt.com

Media

Data Centers Fuel Record Spending on U.S. Energy Infrastructure

AI demands have ignited a new wave of data center development.

July 02, 2025

Charles Schwab Features Marcus & Millichap CEO Hessam Nadji

Video

Charles Schwab Features Marcus & Millichap CEO Hessam Nadji

Headwinds & Opportunities: The Forces Shaping CRE Investment Activity

June 10, 2025

Marcus & Millichap

Press Releases

Marcus & Millichap Announces Senior Management Reorganization to Maximize Growth Opportunities

Marcus & Millichap announced today a management realignment to streamline decision making, execution and allocation of key executives to strategic growth initiatives.

April 30, 2025

04-2025 multi-tenant retail in citrus heights california

Press Releases

Marcus & Millichap Facilitates the Sale of a Multi-Tenant Retail Shopping Strip Property in Citrus Heights, California

Marcus & Millichap announced today the sale of a multi-tenant retail property located in Citrus Heights, California

April 18, 2025

04-2025 industrial property in oakdale california

Press Releases

Marcus & Millichap Facilitates the Sale of an 8,900-SF Freestanding Industrial Property in Oakdale, California

Marcus & Millichap announced today the sale of an 8,900-square-foot freestanding industrial property located in Oakdale, California

April 10, 2025

04-2025 two building industrial property in manteca california

Press Releases

Marcus & Millichap Facilitates the Sale of a Two-Building Industrial Asset in Manteca, California

Marcus & Millichap announced today the sale of two concrete tilt-up industrial buildings located in downtown Manteca, California

April 10, 2025

04-2025 warehouse property in stockton california

Press Releases

Marcus & Millichap Facilitates the Sale of a 13,440-SF Industrial Property with Excess Yard Space in Stockton, California

Marcus & Millichap announced today the sale of a 13,440-square-foot warehouse property with excess yard space located at 729 South Commerce Street in Stockton, California

April 09, 2025

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News & Events