Marcus & Millichap, Inc. is a premier commercial real estate services firm that facilitates the buying, selling, and financing of income-producing properties across North America. Founded in 1971, the company pioneered an exclusive-listing, research-driven approach to investment sales and has grown to operate more than 80 offices with over 1,800 investment sales and financing professionals. The firm's business model is centered on acting as an intermediary, generating revenue primarily through real estate brokerage commissions and financing fees rather than owning or developing properties.
In 2025, the company generated $755 million in total revenue, with the vast majority derived from its core brokerage operations ($633 million) and the remainder largely from its financing division, Marcus & Millichap Capital Corporation ($104 million). The firm covers a wide array of commercial asset classes, including multifamily, retail, office, industrial, hospitality, and self-storage properties. While Marcus & Millichap is highly recognized for its market leadership in the private client segment—typically handling transactions valued between $1 million and $10 million—it also caters to larger, institutional-grade clients through its specialized Institutional Property Advisors (IPA) division. By integrating proprietary market research, a vast national buyer database, and comprehensive capital markets solutions, Marcus & Millichap maintains a strong competitive position as one of the most active commercial real estate brokerages by transaction volume in the United States and Canada.
