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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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$50.9 Billion

Value of Recently Closed Transactions

Southwest: $3.5B

8,818

Closed Sales in Most Recent Year

Southwest: 289

$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 the Southwest. 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

CURRENT SOUTHWEST 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

The Shorewood Apartments

Phoenix, AZ

Number of Units: 21

Cap Rate: 6.00%

Listing Price: $4,675,000

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Office

42 Diamondback Way

Carson City, NV

Price/Gross SF: $170.59

Listing Price: $1,160,000

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Apartments

Willetta

Phoenix, AZ

Number of Units: 28

Cap Rate: 6.40%

Listing Price: $4,000,000

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Retail

Southwest Fitness Plaza

Gold Canyon, AZ

Price/Gross SF: $312.50

Cap Rate: 7.01%

Listing Price: $2,400,000

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Self-Storage

Coolidge RV Storage

Coolidge, AZ

Year Built: 2023

Cap Rate: 1.29%

Listing Price: $3,000,000

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Apartments

East Fillmore

Phoenix, AZ

Number of Units: 41

Cap Rate: 6.84%

Listing Price: $6,850,000

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Retail

Panda Express & Starbucks

Sparks, NV

Price/Gross SF: $770.43

Cap Rate: 5.35%

Listing Price: $2,715,000

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Retail

Bonanza Lamb Business Park

Las Vegas, NV

Price/Gross SF: $342.38

Cap Rate: 6.75%

Listing Price: $4,218,065

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Industrial

16 - 20 NV-341

Carson City, NV

Price/Gross SF: $215.87

Listing Price: $2,245,000

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Office

3002 N 67th Place

Scottsdale, AZ

Price/Gross SF: $330.80

Listing Price: $1,000,000

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Net Lease

Planet Fitness | 6.50% Cap Rate | Low $12.50/SF Rent | Phoenix, AZ

Phoenix, AZ

Years Remaining On Lease: 5.3

Cap Rate: 6.50%

Listing Price: $3,846,200

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Retail

Shops on Thomas

Phoenix, AZ

Price/Gross SF: $155.04

Cap Rate: 1.30%

Listing Price: $3,400,000

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Apartments

Villa Siena

Phoenix, AZ

Number of Units: 14

Cap Rate: 5.00%

Listing Price: $3,340,000

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Net Lease

Chipotle - Scottsdale

Scottsdale, AZ

Years Remaining On Lease: 7.8

Cap Rate: 4.75%

Listing Price: $3,031,000

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Apartments

2027 LURA Expirations

Scottsdale, AZ

Number of Units: 20

Cap Rate: 2.23%

Listing Price: $4,200,000

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RECENT SOUTHWEST 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

July 2026

Research Video

The Multifamily Development Reset — An Opportunity for Investors?

July 7, 2026

Research Video

Short-Term Headwinds, Long-Term Tailwinds

July 2, 2026

Housing

Research Brief

Housing

July 2026

Research Video

Key Advantages of CRE Investments Today

June 26, 2026

Economy

Research Brief

Retail Sales

June 2026

GDP

Research Brief

Financial Markets

June 2026

Research Video

Can CRE Provide Investment Inflation Resistance?

June 19, 2026

Research Video

How Stronger Hiring and Rising Inflation Could Shape CRE

June 12, 2026

GDP

Research Brief

Inflation

June 2026

Employment

Research Brief

Employment

June 2026

Research Video

Inflation vs. Summer Travel — Hospitality Outlook

June 5, 2026

Research Video

The Forces Driving Interest Rates

May 29, 2026

Research Video

The Forces Driving the Industrial Real Estate Outlook

May 22, 2026

Employment

Research Brief

Retail Sales

May 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.

Fireside Apartments Phoenix

Press Releases

Marcus & Millichap Arranges $4.75 Million Sale of Fireside Apartments in Phoenix

Marcus & Millichap announced today the sale of Fireside Apartments, a 20-unit multifamily property in Phoenix, Arizona, for $4.75 million.

July 08, 2026

CSSA Annual Self Storage Owners Summit
Industry Events

CSSA 21st Annual Self Storage Owners Summit

Balboa Bay Resort, Newport Beach, CA
July 16, 2026
12th Annual National Net Lease Summit
Industry Events

National Net Lease Summit

University Club of Chicago, Chicago, IL
July 24, 2026
Andee Robb

Press Releases

Marcus & Millichap Appoints Head of Retail Leasing & Advisory Services

Marcus & Millichap announced today that Andee Robb has joined Marcus & Millichap as head of Retail Leasing & Advisory Services, a newly established role that reflects Marcus & Millichap’s continued investment in providing market-leading solutions to clients.

June 30, 2026

CNBC Features Marcus & Millichap CEO Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Amid Elevated Interest Rates, Would ROAD to Housing Act Boost Housing Market?

June 25, 2026

Thomas Gorman

Press Releases

Marcus & Millichap Appoints National Director of Net Lease Division

Marcus & Millichap announced today that Thomas Gorman has been appointed senior managing director and leader of its national net lease division, a newly created leadership role that reflects Marcus & Millichap’s continued investment in expanding the firm’s national net lease business.

June 25, 2026

Connect CRE logo

Awards

Brad Cohen Recognized by Connect CRE’s Next Gen Awards

Brad Cohen, Associate Director, Capital Markets in Marcus & Millichap’s Phoenix office, was recognized by Connect CRE as part of its Next Gen Awards program.

June 24, 2026

GlobeSt.com

Awards

Steven J. Siegel Recognized by GlobeSt. as an Influencer in Retail Real Estate 2026

Steven J. Siegel, executive managing director investments with Institutional Property Advisors (IPA), a division of Marcus & Millichap, has been recognized by GlobeSt. as part of its Influencers in Retail Real Estate 2026 program.

June 19, 2026

Marcus & Millichap

Press Releases

Marcus & Millichap Names Brown & Brown Preferred Partner for Insurance and Risk Management

Providing commercial real estate investors greater visibility into insurance costs and risk

June 18, 2026

Texas Roadhouse

Press Releases

Marcus & Millichap Arranges $4 Million Sale of Texas Roadhouse Ground Lease in Gainesville

Marcus & Millichap announced today the sale of a Texas Roadhouse ground lease property, an 8,392-square-foot net-leased restaurant located in Gainesville, Florida, for $4 million.

June 17, 2026

154 & 156 Paseo De La Concha

Press Releases

Marcus & Millichap Facilitates $7.4 Million Sale of 13-Unit Apartment Property in Redondo Beach, California

Marcus & Millichap announced today the sale of 154 & 156 Paseo De La Concha, a 13-unit apartment property in Redondo Beach, California.

June 16, 2026

Tucson Retail

Press Releases

Marcus & Millichap Arranges $6.4 Million Sale of Tucson Retail Property

Marcus & Millichap announced today the sale of a 36,800-square-foot two-tenant retail property in Tucson, Arizona, for $6.4 million.

June 15, 2026

Burlington Coat Factory

Press Releases

Marcus & Millichap Brokers $11.2M Sale of Burlington Coat Factory in Los Angeles

Marcus & Millichap announced today the sale of 14651 Ventura Blvd., a locally owned and operated Burlington Coat Factory in Sherman Oaks, CA.

June 11, 2026

Sunset Apartments

Press Releases

Marcus & Millichap Arranges $6.65M Sale of 28-Unit Multifamily Property in San Francisco

Marcus & Millichap announced today the sale of 1275-1281 8th Ave., a 28-unit multifamily property located in San Francisco.

June 09, 2026

Chipotle Dove Valley

Press Releases

Marcus & Millichap Arranges $4.375 Million Sale of Chipotle Property in Arizona

Marcus & Millichap announced today the sale of a 2,458-square-foot single-tenant retail property occupied by Chipotle in Phoenix, Arizona, for $4,375,000.

June 05, 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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