The Full Story
Our Historical Roots
Midtown Realty has long been recognized as a cornerstone of the city’s real estate community. Founded in 1958, the company emerged during Palo Alto’s post‑World War II suburban expansion, when farmland gave way to thriving neighborhoods and commercial districts.
Midtown Realty distinguished itself by focusing on neighborhood‑oriented real estate, rather than large corporate developments. Its work helped preserve the character of Midtown Palo Alto as a family‑friendly hub. The company’s agents were known for their personalized service, reflecting a deep commitment to the community.
Founding and Early Years
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Midtown Realty was established as a locally rooted brokerage, dedicated to serving Palo Alto families and businesses.
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Among its early leaders were Tom Foy, who became synonymous with Midtown Realty’s reputation for integrity and community focus. Foy’s journey into real estate began after working with firms such as Cornish & Carey and Taylor Properties, before joining Midtown Realty.
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The firm’s early partnerships included notable figures such as Fred Ballantine, John Sobrato, and Carl Berg, who were instrumental in shaping Silicon Valley’s commercial landscape. Midtown Realty played a role in securing Fairchild Semiconductor’s first building in Mountain View, marking its influence on the region’s tech boom.
Family Legacy
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Midtown Realty became a family‑run institution, with Tim Foy later serving as Broker and Owner, continuing the tradition of local stewardship.
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Other family members, including Patrick Foy and Molly Foy Rich, contributed to the company’s growth and client service.
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The firm’s roster also included respected agents such as Ryan Eltherington, with connections to the broader Peninsula community.
The Heart of the Matter
Midtown Realty represents more than a brokerage—it embodies the continuity of local family stewardship, professional integrity, and community impact. From its early role in Silicon Valley’s growth to its enduring presence in local neighborhoods, Midtown Realty stands as a pioneer whose legacy inspires the next generation.