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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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Apartments

127 Rancho Dr

San Jose, CA

Number of Units: 30

Cap Rate: 5.08%

Listing Price: $11,490,000

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Apartments

1775 Marco Polo Way

Burlingame, CA

Number of Units: 40

Cap Rate: 4.72%

Listing Price: $18,620,000

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Apartments

1555 Washington St

Santa Clara, CA

Cap Rate: 5.39%

Listing Price: $2,050,000

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Industrial

Industrial - Flex / Add Value or Owner User

Sonoma, CA

Price/Gross SF: $168.57

Listing Price: $2,950,000

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Apartments

Westwood Garden

Arcata, CA

Number of Units: 92

Cap Rate: 7.22%

Listing Price: $12,900,000

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Land

187 N L St

Livermore, CA

Lot Size: 0.40 acres

Listing Price: $1,000,000

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Apartments

Brewster Place Apartments

Redwood City, CA

Cap Rate: 4.77%

Listing Price: $11,200,000

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Land

Coast Hwy Land

Pacifica, CA

Lot Size: 3.05 acres

Listing Price: $7,995,000

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Retail

Shops at Sonoma

Vallejo, CA

Price/Gross SF: $293.19

Cap Rate: 8.00%

Listing Price: $4,175,000

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Apartments

Kennedy Hall Apartments

San Jose, CA

Number of Units: 28

Cap Rate: 5.95%

Listing Price: $8,500,000

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Retail

Stabilized Investment with Attractive Upside

San Francisco, CA

Price/Gross SF: $750.89

Cap Rate: 7.91%

Listing Price: $5,088,000

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Industrial

5428 San Pablo Ave

Oakland, CA

Price/Gross SF: $236.82

Listing Price: $1,995,000

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Apartments

40 Corte Real

Larkspur, CA

Number of Units: 9

Cap Rate: 4.36%

Listing Price: $4,600,000

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Apartments

950 Noe Street

San Francisco, CA

Number of Units: 2

Cap Rate: 3.68%

Listing Price: $1,599,000

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Office

11170 Sun Center Drive

Rancho Cordova, CA

Price/Gross SF: $115.49

Cap Rate: 2.00%

Listing Price: $850,000

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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.

GDP

Research Brief

Inflation

August 2025

Research Video

The Forces Driving Interest Rates Lower – Will They Last?

August 11, 2025

Research Video

CRE Space Demand Trends for 2Q

August 4, 2025

Employment

Research Brief

Employment

August 2025

GDP

Research Brief

Gross Domestic Product

August 2025

Research Video

Why CRE Fundamentals Are Poised To Improve

July 28, 2025

Economy

Research Brief

Retail Sales

July 2025

GDP

Special Report

2025 Washington Tax Changes

July 2025

Research Video

Will Office Recovery Influence the Broader CRE Market?

July 21, 2025

GDP

Research Brief

Inflation

July 2025

mm industrial

Market Report

2025 U.S. Industrial Investment Outlook Midyear

2025 Outlook

Research Video

New Tax Laws Ease Uncertainty: Implications For CRE Investors

July 14, 2025

mm self storage

Market Report

2025 U.S. Self-Storage Investment Outlook Midyear

2025 Outlook

Employment

Research Brief

Employment

July 2025

mm financial

Special Report

2025 Tax Reform

July 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.

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
Western States CREF Conference
Industry Events

Western States CREF Conference

Aria Resort & Casino, Las Vegas, NV
September 3 – September 5, 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
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

ICSC@WESTERN
Industry Events

ICSC@WESTERN

Palm Springs Convention Center, Palm Springs, CA
September 28 – September 30, 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

The Lodging Conference
Industry Events

The Lodging Conference

JW Marriott Phoenix Desert Ridge Resort & Spa, Phoenix, AZ
October 6 – October 10, 2025
CREW Network Convention
Industry Events

CREW Network Convention

Fairmont Hotel, Austin, TX
October 8 – October 10, 2025
Globe St. Multifamily Fall
Industry Events

Globe St. Multifamily Fall

JW Marriott Los Angeles L.A. LIVE, Los Angeles, CA
October 20, 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

Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

The Bellagio, Las Vegas, NV
November 10 – November 12, 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

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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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