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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.

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$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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Apartments

642 S 7th St

San Jose, CA

Number of Units: 12

Cap Rate: 5.17%

Listing Price: $4,888,000

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Office

111 W 4th St

Ripon, CA

Price/Gross SF: $233.00

Listing Price: $699,000

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Apartments

Loreto Apartment Homes

Mountain View, CA

Number of Units: 4

Cap Rate: 2.64%

Listing Price: $4,000,000

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Apartments

477 Greendale Way

San Jose, CA

Number of Units: 4

Cap Rate: 4.80%

Listing Price: $2,190,000

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Retail

TRADER JOE'S & BEST BUY

Tracy, CA

Price/Gross SF: $271.05

Cap Rate: 6.35%

Listing Price: $12,725,000

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Net Lease

1919 Peabody Rd

Vacaville, CA

Years Remaining On Lease: 1.7

Cap Rate: 7.05%

Listing Price: $1,250,000

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Office

2151 Park Blvd

Palo Alto, CA

Price/Gross SF: $760.93

Cap Rate: 2.94%

Listing Price: $11,000,000

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Apartments

1634 The Alameda

San Jose, CA

Number of Units: 18

Cap Rate: 5.51%

Listing Price: $3,950,000

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Apartments

1172 Clinton St

Redwood City, CA

Number of Units: 4

Cap Rate: 3.33%

Listing Price: $1,850,000

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Industrial

Caliber Collision | SF Bay Area | 11 Years Remaining

Antioch, CA

Price/Gross SF: $208.97

Cap Rate: 5.50%

Listing Price: $4,800,000

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Net Lease

Starbucks Drive Thru | Brand New 10 Year Lease in Mendocino County

Willits, CA

Years Remaining On Lease: 9.6

Cap Rate: 5.75%

Listing Price: $2,956,525

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Apartments

1401-1403 Cary Avenue

San Mateo, CA

Number of Units: 2

Cap Rate: 3.69%

Listing Price: $1,750,000

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Industrial

5428 San Pablo Ave

Oakland, CA

Price/Gross SF: $278.85

Listing Price: $2,349,000

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Retail

Silver Creek Shopping Center

Oakhurst, CA

Price/Gross SF: $79.95

Cap Rate: 7.15%

Listing Price: $1,695,000

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Office

3557 Geary Blvd

San Francisco, CA

Price/Gross SF: $462.32

Cap Rate: 2.95%

Listing Price: $1,595,000

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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

Emerging Cap Rate Spreads and Trends

June 9, 2025

Employment

Research Brief

Employment

June 2025

US Money

Special Report

California Multifamily Property Insurance

June 2025

Research Video

New Tax Bill May Bolster CRE Investment Climate

June 2, 2025

US Money

Special Report

Interest Rate Outlook

May 2025

Research Video

Interest Rates on the Rise?

May 27, 2025

GDP

Research Brief

Inflation

May 2025

Employment

Research Brief

Retail Sales

May 2025

Research Video

Understanding Today’s CRE Distress Landscape

May 19, 2025

Research Video

Can the Office Market Regain Its Footing in 2025?

May 5, 2025

Employment

Research Brief

Employment

April 2025

Housing

Special Report

Washington Statewide Rent Control

May 2025

Research Video

Retail CRE Positioned to Withstand Potential Headwinds

May 5, 2025

Research Video

Industrial Investments Durable Amid Uncertainty

April 30, 2025

Economy

Research Brief

Retail Sales

April 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.

Connect Los Angeles 2025
Industry Events

Connect Los Angeles 2025

InterContinental Los Angeles Downtown, 900 Wilshire Blvd, Los Angeles, CA
June 18, 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

04-2025 multi-tenant retail in citrus heights california

Press Releases

Marcus & Millichap Facilitates the Sale of a Multi-Tenant Retail Shopping Strip Property in Citrus Heights, California

Marcus & Millichap announced today the sale of a multi-tenant retail property located in Citrus Heights, California

April 18, 2025

04-2025 two building industrial property in manteca california

Press Releases

Marcus & Millichap Facilitates the Sale of a Two-Building Industrial Asset in Manteca, California

Marcus & Millichap announced today the sale of two concrete tilt-up industrial buildings located in downtown Manteca, California

April 10, 2025

04-2025 industrial property in oakdale california

Press Releases

Marcus & Millichap Facilitates the Sale of an 8,900-SF Freestanding Industrial Property in Oakdale, California

Marcus & Millichap announced today the sale of an 8,900-square-foot freestanding industrial property located in Oakdale, California

April 10, 2025

04-2025 warehouse property in stockton california

Press Releases

Marcus & Millichap Facilitates the Sale of a 13,440-SF Industrial Property with Excess Yard Space in Stockton, California

Marcus & Millichap announced today the sale of a 13,440-square-foot warehouse property with excess yard space located at 729 South Commerce Street in Stockton, California

April 09, 2025

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
Bloomberg Features Hessam Nadji

Video

Bloomberg Radio Features Marcus & Millichap CEO Hessam Nadji

2025: A Turning Point For Commercial Real Estate

March 21, 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
ICSC@WESTERN
Industry Events

ICSC@WESTERN

Palm Springs Convention Center, Palm Springs, CA
September 28 – September 30, 2025
CREW Network Convention
Industry Events

CREW Network Convention

Fairmont Hotel, Austin, TX
October 8 – October 10, 2025
Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

The Bellagio, Las Vegas, NV
November 10 – November 12, 2025
CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Why 2025 Will Be A Turning Point For Commercial Real Estate

December 13, 2024

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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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