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)
$4,966,000 USD
Day Care Center - For Sale10,853 SF | 6% Cap Rate
$2,750,000 USD
Medical - For Sale9,000 SF | Request Cap Rate
$3,250,000 USD
Office - For Sale6,000 SF | 6.54% Cap Rate
$2,940,000 USD
Retail - For Sale986 SF | 5.6% Cap Rate
$1,371,000 USD
Retail - For Sale3,200 SF | 7% Cap Rate
$5,990,000 USD
Specialty - For Sale76,650 SF | Request Cap Rate
$785,000 USD
Commercial Land - For Sale74,923 SF
$865,000 USD
Commercial Land - For Sale54,668 SF
$1,098,700 USD
Storefront - For Sale10,860 SF | 8% Cap Rate
$1,700,000 USD
Supermarket - For Sale12,480 SF | 6.56% Cap Rate
$1,420,100 USD
Freestanding - For Sale9,026 SF | 7.15% Cap Rate
$1,186,000 USD
Retail - For Sale9,100 SF | 6.75% Cap Rate
$75.00 USD /SF/yr
Retail - For Rent
$2,000,000 USD
Fast Food - For Sale2,000 SF | Request Cap Rate
$1,944,984 USD
Freestanding - For Sale3,509 SF | 5.79% Cap Rate
$1,715,000 USD
Land - For Sale109,553 SF
$1,326,000 USD
Freestanding - For Sale9,100 SF | 7.15% Cap Rate
$1,213,000 USD
Freestanding - For Sale9,100 SF | 7.15% Cap Rate
$3,227,000 USD
Auto Repair - For Sale17,416 SF | 7.71% Cap Rate
$4,200,000 USD
Retail - For Sale7,065 SF | Request Cap Rate
$1,050,000 USD
Commercial Land - For Sale457,380 SF