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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
$49.6 Billion

Value of Recently Closed Transactions

Northern California: $14.1B

7,836

Closed Sales in Most Recent Year

Northern California: 2,270

$10.9 Billion

Total Value of Recent Listings

1,249

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

First Vice President / District Manager, 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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Hospitality/Golf

Ambassador Lake Tahoe

South Lake Tahoe, CA

Price/Room: $140,316

Cap Rate: 10.60%

Listing Price: $7,998,000

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Apartments

1401-1403 Cary Avenue

San Mateo, CA

Number of Units: 2

Cap Rate: 3.99%

Listing Price: $1,650,000

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Net Lease

New 7-Eleven w/ Gas | Dense & Affluent Area: $118k+ HHI | Absolute Net | Bonus Depreciation

Sacramento, CA

Years Remaining On Lease: 12.8

Cap Rate: 5.25%

Listing Price: $8,736,667

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Land

Approved 298 Unit Student Housing Development

San Jose, CA

Lot Size: 0.98 acres

Listing Price: $15,000,000

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Retail

Florin Towne Centre Building E

Sacramento, CA

Cap Rate: 6.25%

Listing Price: $6,841,000

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Apartments

646 Washington Street

San Francisco, CA

Cap Rate: 9.24%

Listing Price: $2,400,000

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Retail

10415 Folsom Blvd

Rancho Cordova, CA

Price/Gross SF: $134.73

Cap Rate: 0.77%

Listing Price: $1,925,000

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Industrial

Initiative Foods

Sanger, CA

Cap Rate: 7.25%

Listing Price: $7,295,000

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Land

Robla Apartments - Development Land

Sacramento, CA

Lot Size: 1.38 acres

Listing Price: $750,000

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Net Lease

Infill San Francisco NNN US Bank

San Francisco, CA

Years Remaining On Lease: 10.1

Cap Rate: 4.50%

Listing Price: $7,400,000

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Land

509 T Street

Sacramento, CA

Lot Size: 0.15 acres

Listing Price: $799,999

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Apartments

Redwood Meadows Senior Apartments

Willits, CA

Number of Units: 101

Cap Rate: 6.47%

Listing Price: $11,000,000

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Net Lease

Crunch Fitness | Fresno, CA

Fresno, CA

Years Remaining On Lease: 14.5

Cap Rate: 6.75%

Listing Price: $11,415,000

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Apartments

Oxford Parkside Apartments

Davis, CA

Number of Units: 63

Cap Rate: 5.06%

Listing Price: $15,500,000

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Apartments

24 Baytree Way

San Mateo, CA

Number of Units: 10

Cap Rate: 3.46%

Listing Price: $5,500,000

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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.

Research Video

CRE Interest Rates Trend Lower

November 10, 2025

Employment

Research Brief

Employment

November 2025

GDP

Research Brief

Interest Rates

November 2025

Research Video

Institutional Multifamily Investment Momentum Builds

November 4, 2025

Research Video

Key 3rd Quarter CRE Performance Trends

November 3, 2025

Research Video

Why Multifamily Remains a Cornerstone for Institutional Investors

November 3, 2025

US Money

Research Brief

Financial Markets

October 2025

Housing

Research Brief

Housing

October 2025

GDP

Research Brief

Inflation

October 2025

Employment

Research Brief

Third Quarter Fundamentals

October 2025

Research Video

Are We Entering a New CRE Investment Cycle?

October 27, 2025

Employment

Research Brief

Retail Sales

October 2025

US Money

Research Brief

Investor Insights

October 2025

Research Video

Leading Economists' Predictions for 2026

October 20, 2025

Economy

Research Brief

Economic Indicators for 2026

October 2025

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

The Bellagio, Las Vegas, NV
November 10 – November 12, 2025
ECORE Real Estate Summit
Industry Events

ECORE Real Estate Summit

Trump National Doral Miami, FL
November 16 – November 18, 2025
Atrium Garden

Marcus & Millichap Brokers Silicon Valley Multifamily Asset Sale

Marcus & Millichap announced today the sale of Atrium Garden, a 160-unit multifamily property in San Jose, California.

October 31, 2025

10 Property SF Portfolio

Press Releases

Marcus & Millichap Exclusively Lists 10-Property San Francisco Portfolio

Marcus & Millichap announced today the exclusive listing for sale of a 10-property portfolio spanning several of San Francisco’s most prominent neighborhoods, including Nob Hill, North Beach, Civic Center and the Van Ness Corridor.

October 30, 2025

GlobeSt. Healthcare
Industry Events

GlobeSt. Healthcare

Andaz Scottsdale Resort, Scottsdale, AZ
December 1 – December 2, 2025
2026 Multifamily Investment Outlook
Marcus & Millichap Events

2026 Multifamily Investment Outlook

Live Webcast
December 4, 2025
ICSC NEW YORK
Industry Events

ICSC NEW YORK

Javits Center, New York, NY
December 10 – December 11, 2025
Yahoo Finance Features Hessam Nadji

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

The Commercial Real Estate Revival – Key Forces Supporting the CRE Investment Outlook

September 23, 2025

The Wall Street Journal

Media

Lower Rates Are Set to Juice the Commercial-Property Market

New interest-rate easing cycle could lead to more property sales and lending, reversing yearslong slide

September 23, 2025

Bloomberg Features Hessam Nadji

Video

Bloomberg News Features Marcus & Millichap CEO Hessam Nadji

Fed Rate Cut and Increased Bank Lending Bolster CRE Outlook

September 19, 2025

CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Durable CRE Space Demand Drives Investment Opportunity

September 19, 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

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

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

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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Interested in a Complimentary Valuation

Looking for Acquisition Opportunities

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Financing
Options

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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