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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

Senior Managing Director, Market Leader- Northern California
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.

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.

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Industrial

Industrial Condo - Bay Park Business Center

San Francisco, CA

Price/Gross SF: $460.32

Listing Price: $1,450,000

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Apartments

Crescent Apartments

Lodi, CA

Number of Units: 36

Cap Rate: 5.72%

Listing Price: $6,300,000

Bidding Starts: Mar 9, 2026
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Retail

AUCTION - Oroville Plaza (1815-1985 Oro Dam Blvd E)

Oroville, CA

Price/Gross SF: $23.05

Bidding Ends: Mar 11, 2026

Starting Bid: $2,250,000

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Apartments

1022 Vermont St

San Jose, CA

Number of Units: 5

Cap Rate: 3.68%

Listing Price: $1,600,000

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Apartments

Tahoe Pines

South Lake Tahoe, CA

Number of Units: 28

Cap Rate: 6.12%

Listing Price: $2,700,000

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Apartments

704-718 Broadway

Santa Cruz, CA

Number of Units: 9

Cap Rate: 5.51%

Listing Price: $3,650,000

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Apartments

3732-3736 Astoria St

Sacramento, CA

Number of Units: 7

Cap Rate: 5.63%

Listing Price: $1,149,000

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Manufactured Housing

Westwind Mobile Home Park

Lower Lake, CA

Price/Space: $74,419

Cap Rate: 6.15%

Listing Price: $3,200,000

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Apartments

1775 Marco Polo Way

Burlingame, CA

Number of Units: 40

Cap Rate: 5.00%

Listing Price: $16,980,000

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Industrial

6553 Las Positas Road

Livermore, CA

Cap Rate: 4.00%

Listing Price: $2,295,000

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Retail

730 Central Ave

Mountain View, CA

Price/Gross SF: $448.74

Cap Rate: 8.07%

Listing Price: $2,250,000

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Apartments

2122, 2124 & 2126 Penasquitas Dr, Aptos

Aptos, CA

Listing Price: $2,598,000

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Apartments

398 Alemar Way

Yuba City, CA

Number of Units: 4

Cap Rate: 5.14%

Listing Price: $725,000

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Retail

March Lane Retail

Stockton, CA

Cap Rate: 7.00%

Listing Price: $1,321,000

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Industrial

5901 Coliseum Way

Oakland, CA

Cap Rate: 5.41%

Listing Price: $2,995,000

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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.

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Market Report

2026 U.S. Multifamily Investment Forecast

2026 Outlook

Research Video

Will Capital Flow to CRE in 2026?

January 20, 2026

Employment

Research Brief

Retail Sales

January 2026

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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

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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.

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
Marcus & Millichap Logo

Press Releases

Marcus & Millichap Announces New Regional Leadership Titles Across the U.S. and Canada

Marcus & Millichap announced that effective Jan. 1, 2026, the firm transitioned its regional management position titles to market leader titles of Director, Managing Director and Senior Managing Director based on tenure and level of accomplishment.

January 20, 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

520 Capitol Mall

Press Releases

Marcus & Millichap Closes Class A Office Building Sale in Sacramento

Marcus & Millichap announced today the sale of 520 Capitol Mall, an eight-story, 80,752-square-foot Class A office asset on the Capitol Mall in Sacramento, California.

December 03, 2025

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News & Events