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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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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

2490 Old Middlefield Way

Mountain View, CA

Price/Gross SF: $464.29

Cap Rate: 6.00%

Listing Price: $5,200,000

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Apartments

Terra Castro Valley

Castro Valley, CA

Cap Rate: 5.25%

Listing Price: $12,480,000

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Apartments

Davinci Apartments

Davis, CA

Number of Units: 51

Cap Rate: 5.72%

Listing Price: $15,950,000

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Apartments

282 Valley St

San Francisco, CA

Number of Units: 6

Cap Rate: 5.09%

Listing Price: $3,390,000

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Apartments

2801 College Ave

Berkeley, CA

Number of Units: 21

Cap Rate: 6.29%

Listing Price: $4,388,000

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Apartments

1829 H St

Sacramento, CA

Number of Units: 4

Cap Rate: 4.83%

Listing Price: $1,125,000

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Net Lease

Crunch Fitness | Fresno, CA

Fresno, CA

Years Remaining On Lease: 13.8

Cap Rate: 7.25%

Listing Price: $10,627,931

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Apartments

5653 Via Monte Dr, San Jose, CA 95118

San Jose, CA

Cap Rate: 3.69%

Listing Price: $1,650,000

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Apartments

128 Roosevelt Ave

Redwood City, CA

Number of Units: 10

Cap Rate: 2.76%

Listing Price: $3,100,000

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Apartments

772-774 Walnut Street

San Bruno, CA

Number of Units: 2

Cap Rate: 4.36%

Listing Price: $1,000,000

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Apartments

751 Capp Street

San Francisco, CA

Number of Units: 3

Cap Rate: 6.69%

Listing Price: $3,748,000

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Manufactured Housing

Truckee Creek Cottages

South Lake Tahoe, CA

Price/Space: $144,444

Cap Rate: 5.25%

Listing Price: $5,200,000

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Apartments

Autumn Oaks Apartments

Suisun City, CA

Number of Units: 62

Cap Rate: 6.62%

Listing Price: $16,085,000

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Apartments

2231 Grant St

Berkeley, CA

Number of Units: 22

Cap Rate: 6.39%

Listing Price: $4,828,000

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Apartments

45 S. 22nd Street

San Jose, CA

Number of Units: 4

Cap Rate: 4.53%

Listing Price: $1,750,000

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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.

Research Video

Has the Apartment Market Turned to the Upside?

July 24, 2026

Economy

Research Brief

Retail Sales

July 2026

Economy

Research Brief

Inflation

July 2026

Research Video

Inflation Risk: Headwind or Opportunity for CRE?

July 16, 2026

Research Video

Will Economic Momentum Boost CRE for Rest of 2026?

July 10, 2026

Employment

Research Brief

Employment

July 2026

Research Video

The Multifamily Development Reset — An Opportunity for Investors?

July 7, 2026

Research Video

Short-Term Headwinds, Long-Term Tailwinds

July 2, 2026

Housing

Research Brief

Housing

July 2026

Research Video

Key Advantages of CRE Investments Today

June 26, 2026

Economy

Research Brief

Retail Sales

June 2026

GDP

Research Brief

Financial Markets

June 2026

Research Video

Can CRE Provide Investment Inflation Resistance?

June 19, 2026

Research Video

How Stronger Hiring and Rising Inflation Could Shape CRE

June 12, 2026

GDP

Research Brief

Inflation

June 2026

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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.

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

12th Annual National Net Lease Summit
Industry Events

National Net Lease Summit

University Club of Chicago, Chicago, IL
July 24, 2026
Redwood Meadows Senior Apartments

Press Releases

Marcus & Millichap Arranges $10.8M Sale of 101-Unit Active Senior Multifamily Property in Willits, California

Marcus & Millichap announced today the sale of Redwood Meadows, a 101-unit senior multifamily property located at 1475 Baechtel Rd. in Willits, California.

July 22, 2026

Crystal Springs Apartments

Press Releases

Marcus & Millichap Brokers $5.65M Sale of 10-Unit Multifamily Property in San Mateo, California

Marcus & Millichap announced today the sale of 2001 Parrott Dr., a 10-unit multifamily property in San Mateo, California

July 21, 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

NYSE TV Features Marcus & Millichap CEO Hessam Nadji

Video

NYSE Features Marcus & Millichap CEO Hessam Nadji

CRE Investment on the Rise? The Forces Bolstering Investment Property

July 16, 2026

190 Evandale

Press Releases

Marcus & Millichap Arranges $6.85M Sale of 19-Unit Multifamily Property in Mountain View, California

Marcus & Millichap announced today the sale of 190 Evandale Ave., a 19-unit multifamily property located in Mountain View, California.

July 14, 2026

395 Euclid Ave.

Press Releases

Marcus & Millichap Arranges Sale of 18-Unit Multifamily Property in San Francisco

Marcus & Millichap announced today the sale of 395 Euclid Ave., an 18-unit multifamily property located in San Francisco.

July 13, 2026

Andee Robb

Press Releases

Marcus & Millichap Appoints Head of Retail Leasing & Advisory Services

Marcus & Millichap announced today that Andee Robb has joined Marcus & Millichap as head of Retail Leasing & Advisory Services, a newly established role that reflects Marcus & Millichap’s continued investment in providing market-leading solutions to clients.

June 30, 2026

Jack in the Box - San Luis, AZ

Press Releases

Marcus & Millichap Brokers $2.9M Sale of Jack in the Box in San Luis, Arizona

Marcus & Millichap announced today the sale of 606 N. Main St., a locally owned and operated Jack in the Box in San Luis, Arizona.

June 30, 2026

Ceronix Inc.

Press Releases

Marcus & Millichap Brokers $8.5M Sale of Single-Tenant Industrial Facility

Marcus & Millichap announced today the sale of 13350 New Airport Rd.

June 30, 2026

Thomas Gorman

Press Releases

Marcus & Millichap Appoints National Director of Net Lease Division

Marcus & Millichap announced today that Thomas Gorman has been appointed senior managing director and leader of its national net lease division, a newly created leadership role that reflects Marcus & Millichap’s continued investment in expanding the firm’s national net lease business.

June 25, 2026

CNBC Features Marcus & Millichap CEO Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Amid Elevated Interest Rates, Would ROAD to Housing Act Boost Housing Market?

June 25, 2026

Briarwood Apartments

Press Releases

Marcus & Millichap Brokers $19.75M Sale and $13.3 Million Financing of 64-Unit Multifamily Property in Livermore, California

Marcus & Millichap announced today the sale and financing of Briarwood Apartments, a 64-unit multifamily property in Livermore, California.

June 23, 2026

GlobeSt.com

Awards

Steven J. Siegel Recognized by GlobeSt. as an Influencer in Retail Real Estate 2026

Steven J. Siegel, executive managing director investments with Institutional Property Advisors (IPA), a division of Marcus & Millichap, has been recognized by GlobeSt. as part of its Influencers in Retail Real Estate 2026 program.

June 19, 2026

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News & Events