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Palo Alto, California

Commercial Real Estate in Palo Alto

Contact Our Office

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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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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Retail

Shaw Village

Clovis, CA

Price/Gross SF: $140.69

Cap Rate: 6.81%

Listing Price: $10,875,000

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Apartments

Meadowbrook (Affordable Housing) & Brookside

Arcata, CA

Number of Units: 120

Cap Rate: 1.00%

Listing Price: $11,250,000

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Net Lease

California Check Cashing (3% Annual Bumps)

Sacramento, CA

Years Remaining On Lease: 3.4

Cap Rate: 6.75%

Listing Price: $1,504,000

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Apartments

Yardley Gardens

Merced, CA

Number of Units: 52

Cap Rate: 5.79%

Listing Price: $8,300,000

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Apartments

127 Rancho Dr

San Jose, CA

Number of Units: 30

Cap Rate: 5.08%

Listing Price: $11,490,000

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Apartments

1775 Marco Polo Way

Burlingame, CA

Number of Units: 40

Cap Rate: 4.72%

Listing Price: $18,620,000

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Apartments

1555 Washington St

Santa Clara, CA

Cap Rate: 5.39%

Listing Price: $2,050,000

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Net Lease

Mattress Firm

Mountain View, CA

Years Remaining On Lease: 8.7

Cap Rate: 5.45%

Listing Price: $5,990,000

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Industrial

Industrial - Flex / Add Value or Owner User

Sonoma, CA

Price/Gross SF: $168.57

Listing Price: $2,950,000

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Apartments

Westwood Garden

Arcata, CA

Number of Units: 92

Cap Rate: 7.22%

Listing Price: $12,900,000

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Land

187 N L St

Livermore, CA

Lot Size: 0.40 acres

Listing Price: $1,000,000

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Apartments

Brewster Place Apartments

Redwood City, CA

Cap Rate: 4.77%

Listing Price: $11,200,000

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Land

Lincoln Land

Lincoln, CA

Lot Size: 2.42 acres

Listing Price: $1,250,000

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Land

Coast Hwy Land

Pacifica, CA

Lot Size: 3.05 acres

Listing Price: $7,995,000

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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.

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

Research Video

Why CRE Fundamentals Are Poised To Improve

July 28, 2025

Economy

Research Brief

Retail Sales

July 2025

GDP

Special Report

2025 Washington Tax Changes

July 2025

Research Video

Will Office Recovery Influence the Broader CRE Market?

July 21, 2025

GDP

Research Brief

Inflation

July 2025

mm industrial

Market Report

2025 U.S. Industrial Investment Outlook Midyear

2025 Outlook

Research Video

New Tax Laws Ease Uncertainty: Implications For CRE Investors

July 14, 2025

mm self storage

Market Report

2025 U.S. Self-Storage Investment Outlook Midyear

2025 Outlook

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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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SSA 2025 Fall Conference & Trade Show
Industry Events

SSA 2025 Fall Conference & Trade Show

Aria Resort & Casino, Las Vegas, NV
September 2 – September 5, 2025
Western States CREF Conference
Industry Events

Western States CREF Conference

Aria Resort & Casino, Las Vegas, NV
September 3 – September 5, 2025
Northern California Multifamily Forum
Marcus & Millichap Events

Northern California Multifamily Forum

San Francisco Airport Marriott Waterfront, Burlingame, CA
September 4, 2025
CRE.Converge
Industry Events

NAIOP CRE.Converge

Sheraton Centre Toronto, Toronto, Ontario
September 8 – September 10, 2025
2025 NIC Fall Conference
Industry Events

2025 NIC Fall Conference

JW Marriott, Austin, TX
September 8 – September 10, 2025
Connect Apartments 2025
Industry Events

Connect Apartments 2025

Fairmont Century Plaza, Los Angeles, CA
September 11, 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

ICSC@WESTERN
Industry Events

ICSC@WESTERN

Palm Springs Convention Center, Palm Springs, CA
September 28 – September 30, 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

The Lodging Conference
Industry Events

The Lodging Conference

JW Marriott Phoenix Desert Ridge Resort & Spa, Phoenix, AZ
October 6 – October 10, 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
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

Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

The Bellagio, Las Vegas, NV
November 10 – November 12, 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

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News & Events