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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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Net Lease

Green Valley Grocery

Henderson, NV

Years Remaining On Lease: 8.9

Cap Rate: 5.60%

Listing Price: $3,052,500

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Net Lease

Native Grill & Wings

Tucson, AZ

Years Remaining On Lease: 9.1

Cap Rate: 7.80%

Listing Price: $2,989,000

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Net Lease

Dollar General

Clovis, NM

Years Remaining On Lease: 12.2

Cap Rate: 7.00%

Listing Price: $2,043,000

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Manufactured Housing

Capitan Estates

Capitan, NM

Price/Space: $17,500

Cap Rate: 13.13%

Listing Price: $350,000

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Manufactured Housing

Safe Haven Mobile Home Park

Ruidoso, NM

Price/Space: $27,885

Cap Rate: 6.51%

Listing Price: $725,000

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Land

+/- 19.1 Acres at SWC of S. US Highway 93 & N. Vulture Mine Road

Wickenburg, AZ

Lot Size: 19.10 acres

Listing Price: Request For Offer

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Hospitality/Golf

Hyatt Place Flagstaff

Flagstaff, AZ

Price/Room: $250,000

Listing Price: $24,000,000

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Land

25.8 Acres Vista Del Monte Estates

Douglas, AZ

Lot Size: 25.80 acres

Listing Price: $650,000

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Land

14 Single Family Home Lots

Douglas, AZ

Lot Size: 4.23 acres

Listing Price: $496,200

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Hospitality/Golf

Holiday Inn & Suites Phoenix Airport North

Phoenix, AZ

Price/Room: $59,211

Cap Rate: 7.30%

Listing Price: $13,500,000

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Apartments

CORA Apartments

Las Vegas, NV

Number of Units: 30

Cap Rate: 6.10%

Listing Price: $4,900,000

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Net Lease

Kneaders Bakery & Cafe | Las Vegas, NV

Las Vegas, NV

Years Remaining On Lease: 5.2

Cap Rate: 5.50%

Listing Price: $3,678,720

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Apartments

Myrtle Court

Glendale, AZ

Number of Units: 15

Cap Rate: 4.92%

Listing Price: $2,350,000

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Net Lease

Starbucks

Yuma, AZ

Years Remaining On Lease: 8.1

Cap Rate: 5.50%

Listing Price: $2,546,000

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Net Lease

Optum Community Center

Albuquerque, NM

Years Remaining On Lease: 4.6

Cap Rate: 7.50%

Listing Price: $3,835,200

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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.

Research Video

Will Slowing Job Creation Weigh on CRE Space Demand?

April 9, 2026

Employment

Research Brief

Employment

April 2026

Research Video

Will Surging Home Mortgage Rates Influence CRE?

April 3, 2026

Housing

Research Brief

Housing

April 2026

Self-Storage

Market Report

2026 U.S. Self-Storage National Investment Outlook

2026 Outlook

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

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

BisNow3

Media

Fed Reforms Would Give Banks More Liquidity, But Murky Outlook Could Slow The Flow

The Federal Reserve's proposal to loosen the handcuffs placed on banks in the wake of the Global Financial Crisis marks a major shift in oversight that could unlock up to $175B in new capital for commercial real estate — should lenders choose to spend it. 

April 02, 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
Choice Hotels 70th Annual Convention
Industry Events

Choice Hotels 70th Annual Convention

Mandalay Bay Convention Center, Las Vegas, Nevada
May 5 – May 7, 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

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
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

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
Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

Will 2026 Mark the Turning Point For Commercial Real Estate?

December 19, 2025

Schwab Network Features Marcus & Millichap CEO Hessam Nadji

Video

Schwab Network Features Marcus & Millichap CEO Hessam Nadji

How Fed Policies Are Shaping CRE Investment

December 12, 2025

Multi-Housing News

Media

Multifamily Investors Returning as Values Stabilize

With construction tapering, confidence is making a comeback.

December 05, 2025

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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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