Darpan Patel
US Retail, Office, Industrial and Net Lease Sales/Acquisitions
Darpan Patel joined Marcus and Millichap as an Associate in April of 2012. He was promoted to Senior Associate in April 2016, elevated to First Vice President Investments in July 2019 and Senior Vice President in May 2023. Since joining Marcus & Millichap, Darpan has closed more than 400 transactions equating to more than $775 million of property sales in 32 states. His clients include developers, high net-worth investors, syndicators, medical professionals, private equity funds and private investment groups. Mr. Patel and his partner, Mr. Yozwiak, joined together in 2020 to form the Patel-Yozwiak Group of Marcus & Millichap. They created a team of professional consultants that provide advisory services across the entire commercial arena. They significant experience in retail, restaurant, office, industrial, medical and hospitality. The team specialists can customize strategy and deliver the market for each asset class. The team has closed in excess of 625 transactions valued in excess of $1.3B, across 40 states. Darpan graduated from the University of Cincinnati with a Bachelor of Business Administration, with a focus in Finance and Investments. He is a member of the International Council of Shopping Centers and in 2020 he received the ICSC Certified Retail Real Estate Professional (CRRP) designation, awarded to those with a high level of industry fluency. Darpan has received multiple industry awards and has consistently ranked as a top producer during his tenure including #1 producer in Tampa in 2024. The Patel Yozwiak Group is quite active in supporting charitable and non-profit organizations, including Feeding America, Cincinnati Center for Autism, Cystic Fibrosis Foundation, The Point Arc, St. Judes, Feeding Tampa Bay and numerous other local organizations.
- SpecialtiesInvestment Sales Broker, Landlord Rep (Land), Landlord Rep (Retail)
- MarketsAtlanta, Cincinnati/Dayton, Cleveland, Columbus, Orlando, Pittsburgh, Tampa/St Petersburg, Memphis, Birmingham, Baton Rouge, Charleston WV, Charleston/N Charleston, Erie, Huntington/Ashland, Knoxville, Lexington/Fayette, Louisville
- Property TypesHospitality, Industrial, Office, Retail, Flex, Specialty, Multifamily, Healthcare
- AwardsCoStar Impact Award 2023
- LinkedIn ProfileVisit Site
- Websites
- Company WebsiteVisit Site
- EducationUniversity of Cincinnati
- OrganizationsSIOR - Society of Industrial and Office Realtors, International Council of Shopping Centers (ICSC)
$2,347,000 USD
Retail - For Sale16,000 SF | 7% Cap Rate
$4,000,000 USD
Warehouse - For Sale7,379 SF | Request Cap Rate
$5,995,000 USD
Drug Store - For Sale14,490 SF | 10.76% Cap Rate
$4,800,000 USD
Drug Store - For Sale14,550 SF | 9.06% Cap Rate
$2,925,000 USD
Fast Food - For Sale986 SF | 5.61% Cap Rate
$2,308,000 USD
Restaurant - For Sale4,906 SF | 6.5% Cap Rate
$2,215,000 USD
Restaurant - For Sale5,740 SF | 8.25% Cap Rate
$2,500,000 USD
Restaurant - For Sale5,144 SF | 7% Cap Rate
$450,000 USD
Freestanding - For Sale16,947 SF | Request Cap Rate
$4,500,000 USD
Retail - For Sale10,004 SF | Request Cap Rate
$1,200,000 USD
Freestanding - For Sale11,739 SF | Request Cap Rate
$632,250 USD
Freestanding - For Sale8,000 SF | 7.75% Cap Rate
$2,400,000 USD
Office - For Sale10,523 SF | 7.15% Cap Rate
$650,000 USD
Freestanding - For Sale4,832 SF | Request Cap Rate
$1,050,000 USD
Commercial Land - For Sale457,380 SF
$1,750,000 USD
Office - For Sale11,809 SF | 8.96% Cap Rate