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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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Land

595 Dutton Ave

Santa Rosa, CA

Lot Size: 0.88 acres

Listing Price: $598,000

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Apartments

675 Johanna Ave

Sunnyvale, CA

Number of Units: 7

Cap Rate: 5.69%

Listing Price: $1,900,000

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Industrial

Ceronix Inc.

Auburn, CA

Price/Gross SF: $138.59

Cap Rate: 8.08%

Listing Price: $8,500,000

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Apartments

Ponderosa Apartments

Sunnyvale, CA

Number of Units: 20

Cap Rate: 5.53%

Listing Price: $4,775,000

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Apartments

Leigh Court Apartments

San Jose, CA

Number of Units: 18

Cap Rate: 5.90%

Listing Price: $5,050,000

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Apartments

Santero Lofts

Cotati, CA

Number of Units: 14

Cap Rate: 5.54%

Listing Price: $4,100,000

Bidding Starts: Mar 23, 2026
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Retail

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

Oroville, CA

Price/Gross SF: $17.93

Bidding Ends: Mar 25, 2026

Starting Bid: $1,750,000

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Land

Prime Student Housing Development Opportunity

Sacramento, CA

Lot Size: 1.08 acres

Listing Price: $1,750,000

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Apartments

21447 Ocean View

Hayward, CA

Number of Units: 8

Cap Rate: 6.55%

Listing Price: $1,350,000

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Apartments

555 S Second St

San Jose, CA

Number of Units: 39

Cap Rate: 6.89%

Listing Price: $8,280,000

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Industrial

641 Juliga Woods Street

Richmond, CA

Price/Gross SF: $207.50

Listing Price: $830,000

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Apartments

3212 Rolison Rd

Redwood City, CA

Number of Units: 8

Cap Rate: 4.65%

Listing Price: $2,950,000

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Manufactured Housing

QUIGLEYS GENERAL STORE & RV PARK

Klamath River, CA

Price/Space: $37,019

Cap Rate: 6.98%

Listing Price: $999,500

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Apartments

470 Del Medio Ave

Mountain View, CA

Number of Units: 10

Cap Rate: 4.71%

Listing Price: $3,900,000

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Apartments

1920 Latham St

Mountain View, CA

Number of Units: 23

Cap Rate: 4.97%

Listing Price: $8,928,000

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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.

mm hospitality

Market Report

2026 Hospitality Investment Outlook

2026 Outlook

Research Video

How Iran Conflict Is Impacting The Economy and CRE

March 16, 2026

GDP

Research Brief

Inflation

March 2026

Research Video

CRE Retail Trends and Outlook for Top Markets

March 9, 2026

Employment

Research Brief

Employment

March 2026

mm retail

Market Report

2026 U.S. Retail Investment Forecast

2026 Outlook

Research Video

Supreme Court Struck Down Tariffs … Now What?

March 2, 2026

GDP

Research Brief

Trade Policy & GDP

February 2026

Research Video

How Wage Growth Is Reinforcing CRE

February 23, 2026

Research Video

Will Wall Of Multifamily Debt Maturities Create Opportunity?

February 23, 2026

Employment

Research Brief

Employment

February 2026

GDP

Research Brief

Inflation

February 2026

Research Video

Do Major Job Number Revisions Change the CRE Outlook?

February 17, 2026

Research Video

Has The Office Market Turned The Corner?

February 9, 2026

Research Video

The 2026 Outlook, per Conversations at NMHC Conference

February 2, 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.

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
BisNow3

Media

Why The Iran Conflict's Impact On U.S. Real Estate Hinges On When It Ends

The escalating U.S. war with Iran is spreading through the Middle East as Iran strikes back at what it defines as Western assets around the Persian Gulf.

March 17, 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
MHI Congress & Expo
Industry Events

MHI Congress & Expo

MGM Grand, Las Vegas, NV
April 7 – April 9, 2026
AAHOACON26
Industry Events

AAHOACON26

Philadelphia Convention Center, Philadelphia, PA
April 8 – April 10, 2026
CNBC Features Marcus & Millichap CEO Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Will AI Disrupt CRE Brokerage and Office Space Demand?

February 13, 2026

The Car Wash Show
Industry Events

The Car Wash Show

Music City Center, Nashville, TN
May 11 – May 13, 2026
NYSE Features Marcus & Millichap CEO Hessam Nadji

Video

NYSE Features Marcus & Millichap CEO Hessam Nadji

Commercial Real Estate At A Turning Point?

January 23, 2026

ICSC LAS VEGAS
Industry Events

ICSC LAS VEGAS

Las Vegas Convention Center, Las Vegas, NV
May 18 – May 20, 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

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