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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

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

305 Oak St

San Francisco, CA

Cap Rate: 5.49%

Listing Price: $1,999,000

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Land

4.73 ACRES IN LOS BANOS CALIFORNIA

Los Banos, CA

Lot Size: 4.73 acres

Listing Price: $1,537,250

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Office

3300 Sunset Blvd

Rocklin, CA

Cap Rate: 5.29%

Listing Price: $1,495,000

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Apartments

704-718 Broadway

Santa Cruz, CA

Number of Units: 9

Cap Rate: 5.77%

Listing Price: $3,500,000

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Apartments

128 E Reed St

San Jose, CA

Number of Units: 6

Cap Rate: 5.04%

Listing Price: $2,475,000

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Land

595 Dutton Ave

Santa Rosa, CA

Lot Size: 0.88 acres

Listing Price: $598,000

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Industrial

1107-1111 Gibson Road

Woodland, CA

Price/Gross SF: $86.05

Listing Price: $1,850,000

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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

675 Johanna Ave

Sunnyvale, CA

Number of Units: 7

Cap Rate: 5.69%

Listing Price: $1,900,000

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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

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Land

Prime Student Housing Development Opportunity

Sacramento, CA

Lot Size: 1.08 acres

Listing Price: $1,750,000

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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Apartments

21447 Ocean View

Hayward, CA

Number of Units: 8

Cap Rate: 6.55%

Listing Price: $1,350,000

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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

Key Trends Driving the 2026 Hospitality Outlook

March 27, 2026

GDP

Research Brief

Financial Markets

March 2026

Research Video

Four Trends CRE Investors Should Track

March 20, 2026

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

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

GlobeSt. Net Lease Spring
Industry Events

Globe St. Net Lease Spring

New York Marriott Marquis, New York City, NY
March 30 – March 31, 2026
NIC Spring Conference
Industry Events

NIC Spring Conference

Nashville, TN
March 30 – April 1, 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

MHI Congress & Expo
Industry Events

MHI Congress & Expo

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

AAHOACON26

Philadelphia Convention Center, Philadelphia, PA
April 8 – April 10, 2026
Middle East Conflict: Implications for U.S. Economy and CRE
Marcus & Millichap Events

Middle East Conflict: Implications for U.S. Economy and CRE

Live Webcast
April 20, 2026
NAIOP National Forums Symposium 2026
Industry Events

NAIOP National Forums Symposium

The Hyatt Regency Salt Lake City and Salt Palace Convention Center, Salt Lake City, Utah
April 28 – April 30, 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
ICSC LAS VEGAS
Industry Events

ICSC LAS VEGAS

Las Vegas Convention Center, Las Vegas, NV
May 18 – May 20, 2026
2026 NAIOP I.CON Data Centers
Industry Events

NAIOP I.CON Data Centers

Hyatt Regency Jersey City on the Hudson, Jersey City, New Jersey
May 19, 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

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

NAIOP Fall Conference
Industry Events

NAIOP Fall Conference

Sheraton Downtown Denver, Denver, Colorado
October 5 – October 7, 2026

Keep Exploring

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Interested in a Complimentary Valuation

Looking for Acquisition Opportunities

Seeking
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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