Why Caltrain Proximity Drives Peninsula Retail Premiums
Transit-adjacent commercial corridors along the Peninsula continue to command valuation premiums over isolated suburban strip centers — and the data suggests the gap is widening.

Investments Associate · Marcus & Millichap
Kaveesh Passari is an Investments Associate at Marcus & Millichap's Palo Alto office, focused exclusively on commercial property in the San Francisco Peninsula and Silicon Valley. He specializes in retail, office, and mixed-use assets in the $3M–$25M range, advising private investors, family offices, and long-time property owners on acquisition, disposition, and portfolio strategy.
Kaveesh earned his degree in Computer Science from San Jose State University. His technical background informs how he evaluates development trends, underwriting assumptions, and market data—approaching CRE with an analytical rigor uncommon in traditional brokerage.
He works with a direct, research-first approach: understanding the property and the market before recommending a course of action.
Transit-adjacent commercial corridors along the Peninsula continue to command valuation premiums over isolated suburban strip centers — and the data suggests the gap is widening.
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