Skip to main content
fax iconNYSE: MMI

Palo Alto, California

Commercial Real Estate in Palo Alto

Contact Our Office

2626 Hanover Street,
Palo Alto, CA 94304
Get Directions

Phone: (650) 391-1700
Fax: (650) 391-1710

mm-officedetail-intro

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

Senior Managing Director, Market Leader- Northern California
Direct: (650) 391-1750
View Palo Alto agents & originators

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
Price Reduction
New Listing
Display Main

Apartments

Walkham Townhomes

Santa Rosa, CA

Number of Units: 27

Cap Rate: 5.73%

Listing Price: $9,995,000

Price Reduction
New Listing
Display Main

Office

1414 Meridian Ave

San Jose, CA

Price/Gross SF: $860.76

Listing Price: $1,700,000

Price Reduction
New Listing
Display Main

Apartments

Azure Apartments

Gilroy, CA

Number of Units: 16

Cap Rate: 5.68%

Listing Price: $4,990,000

Price Reduction
New Listing
Display Main

Net Lease

Hyphy Burger

Oakland, CA

Years Remaining On Lease: 8.7

Cap Rate: 7.25%

Listing Price: $1,449,000

Price Reduction
New Listing
Display Main

Net Lease

US BANK Drive Thru - 10 Year Term | NNN | 4% Yearly Rent Increase

Citrus Heights, CA

Years Remaining On Lease: 9.3

Cap Rate: 5.66%

Listing Price: $10,105,000

Price Reduction
New Listing
Display Main

Office

2450 Cabrillo Hwy S, Half Moon Bay, CA 94019

Half Moon Bay, CA

Price/Gross SF: $239.75

Cap Rate: 6.73%

Listing Price: $3,580,000

Price Reduction
New Listing
Display Main

Retail

1185 Laurel St

San Carlos, CA

Price/Gross SF: $797.57

Cap Rate: 4.50%

Listing Price: $2,100,000

Price Reduction
New Listing
Display Main

Apartments

Davis Bungalows

Davis, CA

Number of Units: 8

Cap Rate: 5.51%

Listing Price: $2,450,000

Price Reduction
New Listing
Display Main

Apartments

109-111 Hobart Ave, San Mateo CA 94402

San Mateo, CA

Number of Units: 2

Listing Price: $2,526,000

Price Reduction
New Listing
Display Main

Apartments

1751 Alma St, Palo Alto, CA 94301

Palo Alto, CA

Cap Rate: 1.00%

Listing Price: $1,888,000

Price Reduction
New Listing
Display Main

Apartments

330 Ventura Ave Palo Alto, CA 94306

Palo Alto, CA

Cap Rate: 3.94%

Listing Price: $7,000,000

Price Reduction
New Listing
Display Main

Apartments

635 Bolton Ct

San Jose, CA

Number of Units: 4

Cap Rate: 3.96%

Listing Price: $1,995,000

Price Reduction
New Listing
Display Main

Retail

70-74 W Manor Dr, Pacifica, CA 94044

Pacifica, CA

Cap Rate: 6.16%

Listing Price: $1,258,000

Price Reduction
New Listing
Display Main

Apartments

622 Grand Fir Ave

Sunnyvale, CA

Number of Units: 7

Cap Rate: 3.78%

Listing Price: $2,680,000

Price Reduction
New Listing
Display Main

Industrial

5428 San Pablo Ave

Oakland, CA

Price/Gross SF: $207.74

Cap Rate: 1.00%

Listing Price: $1,750,000

Keep Exploring

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

Research Video

Three Forces Pushing Interest Rates Higher

September 11, 2026

Employment

Research Brief

Employment

September 2026

Research Video

Investors Increasingly Focus on Smaller Metros

September 4, 2026

Housing

Research Brief

Housing

September 2026

Research Video

The Investors Driving CRE Transaction Velocity

August 28, 2026

Employment

Research Brief

Retail Sales

August 2026

Research Video

Office Sector Gains Momentum – Will Opportunities Emerge?

August 21, 2026

Research Video

Fed Faces Balancing Act Amid Economic Crosscurrents

August 14, 2026

Economy

Research Brief

Inflation

August 2026

Employment

Research Brief

Employment

August 2026

Research Video

Industrial CRE Proving Durable Amid Uncertainty

August 7, 2026

GDP

Research Brief

Gross Domestic Product

August 2026

GDP

Research Brief

Financial Markets

August 2026

Housing

Research Brief

Housing

August 2026

industrial

Research Brief

Industrial

August 2026

Keep Exploring

Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

VIEW ALL NORCAL NEWS & EVENTS VIEW ALL NEWS & EVENTS
ICSC@WESTERN 2026 | San Diego, CA
Industry Events

ICSC@WESTERN

San Diego Convention Center, San Diego, CA
September 14 – September 16, 2026
Northern California Multifamily Forum
Marcus & Millichap Events

Northern California Multifamily Forum

Crowne Plaza Foster City-San Mateo, Foster City, CA
September 24, 2026
Mission Villas

Press Releases

Marcus & Millichap Facilitates $10.65M Sale of 34-Unit Assisted Living Property in Bay Area, California

Marcus & Millichap announced today the sale of a 34-unit assisted living property with more than 50 beds in Bay Area, California.

September 03, 2026

West Sussex Portfolio

Press Releases

Marcus & Millichap Brokers $6.9M Sale of 73,911-Square-Foot Industrial Property Portfolio in Fresno, California

Marcus & Millichap announced today the sale of the West Sussex Portfolio, comprised of five buildings in Fresno, California.

August 31, 2026

Green Street News

Awards

Marcus & Millichap Recognized in Green Street’s Real Estate Alert 2026 Mid-Year Rankings

Marcus & Millichap ranked as the top broker for multifamily and self-storage and earned 13 No. 1 market rankings in Green Street's Real Estate Alert 2026 Mid-Year Rankings.

August 28, 2026

The Lodging Conference
Industry Events

The Lodging Conference

JW Marriott Desert Ridge Resort & Spa, Phoenix, AZ
October 5 – October 8, 2026
2026 CREDA Conference
Industry Events

CREDA Conference

Sheraton Downtown Denver, Denver, CO
October 5 – October 7, 2026
Carlmont Hills Apartments

Press Releases

Marcus & Millichap Arranges $5.75M Sale and $3.8M Financing of 16-Unit Multifamily Property in Belmont, California

Marcus & Millichap announced today the sale and financing of Carlmont Hills Apartments, a 16-unit multifamily property in Belmont, California.

August 17, 2026

A&W All American Food

Press Releases

Marcus & Millichap Brokers $3.5M Sale of Single-Tenant Net-Leased A&W Restaurant in Napa Valley, California

Marcus & Millichap announced today the sale of 501 Main St., a 2,983 square-foot single-tenant net leased A&W restaurant.

August 12, 2026

NIC Fall Conference 2026
Industry Events

NIC Fall Conference

Sheraton Grand Chicago Riverwalk, Chicago, IL
October 21 – October 23, 2026
Peet's Coffee & Tea

Press Releases

Marcus & Millichap Brokers $5M Sale of Single-tenant Net-Leased Peet’s Coffee & Tea property in Alameda, California

Marcus & Millichap announced today the sale of 1901 Webster St., a 3,000 square-foot single-tenant net leased Peet’s Coffee & Tea in Alameda, California.

August 10, 2026

WMA Convention & Expo 2026
Industry Events

WMA Convention & Expo

M Resort Spa Casino, Henderson, NV
October 26 – October 29, 2026
MSM THE Show 2026
Industry Events

MSM's THE Show

Georgia World Congress Center, Atlanta, GA
November 4 – November 6, 2026
Bloomberg Features Hessam Nadji

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

CRE Activity on the Rise? The Forces Bolstering Investment Property

July 23, 2026

Marcus & Millichap

Press Releases

Marcus & Millichap Selects Deferred as Preferred 1031 Exchange Provider

Deferred joins Marcus & Millichap’s Preferred Partner Program as a technology-powered qualified intermediary providing 1031 exchange solutions for real estate investors.

July 23, 2026

Keep Exploring

News & Events