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Global Reach, Local Expertise

Welcome to Marcus & Millichap, the #1 commercial real estate investment brokerage and capital markets services firm in North America.

Property SaleAuctionsConnect with an Advisor
$50.9 Billion

Value of Recently Closed Transactions

Northern California: $15.8B

8,818

Closed Sales in Most Recent Year

Northern California: 2,523

$12.5 Billion

Total Value of Recent Listings

1,659

Closed Financings in Most Recent Year

Our Impact

A Legacy of Success, Built for the Future

For more than 50 years, Marcus & Millichap has worked tirelessly to help our clients create and preserve wealth through commercial real estate investment sales as well as debt and equity advisory. Since our founding in 1971, we have grown to more than 80 offices throughout the United States and Canada, including five offices here in Northern California. We also assembled the industry’s largest and most qualified team of specialists to help provide real estate solutions that match your unique investment needs. Connect with an advisor today.

J. Vorsheck

John Vorsheck

Executive Managing Director / Divisional Chief Revenue Officer, Western

Ramon Kochavi

Ramon Kochavi

Senior Managing Director, Market Leader- Northern California

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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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

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Retail

1185 Laurel St

San Carlos, CA

Price/Gross SF: $797.57

Cap Rate: 4.50%

Listing Price: $2,100,000

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Apartments

109-111 Hobart Ave, San Mateo CA 94402

San Mateo, CA

Number of Units: 2

Listing Price: $2,526,000

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Apartments

1751 Alma St, Palo Alto, CA 94301

Palo Alto, CA

Cap Rate: 1.00%

Listing Price: $1,888,000

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Apartments

Davis Bungalows

Davis, CA

Number of Units: 8

Cap Rate: 5.51%

Listing Price: $2,450,000

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Apartments

635 Bolton Ct

San Jose, CA

Number of Units: 4

Cap Rate: 3.96%

Listing Price: $1,995,000

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Retail

70-74 W Manor Dr, Pacifica, CA 94044

Pacifica, CA

Cap Rate: 6.16%

Listing Price: $1,258,000

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Industrial

5428 San Pablo Ave

Oakland, CA

Price/Gross SF: $207.74

Cap Rate: 1.00%

Listing Price: $1,750,000

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Apartments

945-947 Miramonte Ave

Mountain View, CA

Number of Units: 2

Cap Rate: 2.56%

Listing Price: $2,680,000

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Apartments

520 Bancroft

San Leandro, CA

Number of Units: 6

Cap Rate: 5.59%

Listing Price: $1,575,000

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Apartments

Terra Castro Valley

Castro Valley, CA

Cap Rate: 5.54%

Listing Price: $11,900,000

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Apartments

282 Valley St

San Francisco, CA

Number of Units: 6

Cap Rate: 4.97%

Listing Price: $3,280,000

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Office

216 N San Mateo Dr

San Mateo, CA

Price/Gross SF: $552.70

Listing Price: $2,150,000

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Apartments

933-935 Miramonte Ave

Mountain View, CA

Number of Units: 2

Cap Rate: 2.86%

Listing Price: $2,680,000

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Apartments

937-939 Miramonte Ave

Mountain View, CA

Number of Units: 2

Cap Rate: 3.08%

Listing Price: $2,680,000

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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.

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

Research Video

Retail Resilient in an Uncertain Economy

July 30, 2026

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

2026 Western States CREF Conference
Industry Events

Western States CREF Conference

ARIA Resort & Casino, Las Vegas, NV
September 9 – September 11, 2026
2026 SSA Fall Conference & Trade Show
Industry Events

SSA Fall Conference & Trade Show

ARIA Resort & Casino, Las Vegas, NV
September 8 – September 11, 2026
ICSC@WESTERN 2026 | San Diego, CA
Industry Events

ICSC@WESTERN

San Diego Convention Center, San Diego, CA
September 14 – September 16, 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

Northern California Multifamily Forum
Marcus & Millichap Events

Northern California Multifamily Forum

Crowne Plaza Foster City-San Mateo, Foster City, CA
September 24, 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

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

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
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

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

NIC Fall Conference 2026
Industry Events

NIC Fall Conference

Sheraton Grand Chicago Riverwalk, Chicago, IL
October 21 – October 23, 2026
WMA Convention & Expo 2026
Industry Events

WMA Convention & Expo

M Resort Spa Casino, Henderson, NV
October 26 – October 29, 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

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1031 exchange background

Looking to Reinvest?
Let Us Help You With Your Next Exchange.

Instead of immediately paying capital gains on the sale of a property (the “down leg”), many investors prefer to defer that payment by purchasing a new property (the “up leg”) with the proceeds. This is commonly referred to as a 1031 exchange, in reference to the section of U.S. tax code that defines it. There are specific rules and timelines related to a 1031 exchange, and it is important to have an experienced and knowledgeable specialist handling the process.

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