Marcus & Millichap is a commercial real estate investment brokerage firm founded in 1971 in Palo Alto. It has since grown to operate across more than 80 offices in the United States and Canada, with nearly 2,000 specialized agents serving both private investors and institutional clients. The firm's core services span investment sales, financing, research, and advisory.
Technology plays a central role in the firm's operations. Its proprietary platform, MNet, connects agents across the network to facilitate information sharing and collaboration, with the stated aim of exposing each property to the widest pool of qualified buyers. The firm also invests in advanced marketing technology and in-house research capabilities that support agents' specialization in specific property types and markets.
The organizational model is built around agent specialization and internal collaboration rather than internal competition. Management focuses on coaching, and agents develop expertise within defined property types and geographies. The firm describes its culture as one in which mentorship and shared intelligence drive outcomes for clients.