Marcus & Millichap

Steven J. Siegel

Overview

Steve is a graduate of Lehigh University, where he earned a Bachelor of Science degree in Marketing and Economics. Steve started his commercial real estate career right out of college in 1989 and subsequently joined Marcus & Millichap in 1998.  Steve specializes in the sale of shopping centers and single-tenant properties throughout the country. He is a member of the firm's Seven-Figure Club, earned nine Sales Achievement Awards, and five National Achievement Awards.

Some notable recent closings have included a $37 million ShopRite Portfolio in New York ,the Utopia Center, a $51.7 million mixed-use property in Queens, New York, a $23.3 million Winn Dixie portfolio, Washington Bridge Plaza, a $20 million shopping center in Fort Lee (Bergen County) New Jersey, a $19.5 million Value City distribution center in Columbus, Ohio, Berkeley Commons, a $19.2 million shopping center in North Carolina, a $14.9 million AT&T Office Facility in Dallas, Texas, a $14.3 million Tire Kingdom portfolio, a $13.8 million retail strip center in Brooklyn (Park Slope), New York, a $10.5 million Lowes Home Improvement store in West Virginia, and a $7.5 million Home Depot in West Virginia. Steve has also worked on large single tenant properties and portfolios on a national scale including Walgreens, Wendy’s, and KFC. Some examples of recent supermarket anchored shopping centers include: St Albans, West Virginia, under-contract (250,000 Sq.Ft.) and Mars, Pennsylvania, just closed ($10.4 Million).

Manhattan
Steven J. Siegel

Steven J. Siegel

Licensed Associate Real Estate Broker
Tel: (212) 430-5166
Fax: (212) 937-2425

License:  NY  30SI0857139
License:  NJ  0015107
License:  CT  REB.0754170

International Council of Shopping Centers

- National Retail Group
- Net Leased Properties Group
- Institutional Property Advisors - Retail Investment Sales

Promoted in June, 2000
Promoted in June, 2001
Promoted in July, 2004
Promoted in January, 2008
Promoted in July, 2012
Promoted in July, 2015

Lehigh University

Chairman’s Circle of Excellence - 2015
Chairman's Club - 2015, 2014
National Achievement Award - 2016, 2015, 2014, 2013, 2012, 2010, 2007, 2006, 2005, 2004
Sales Recognition Award - 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2007, 2006, 2005, 2004, 2003, 2002, 2001, 2000
2010 - Ranked #3 Multi-Tenant Retail Agent & #7 Overall Agent Nationally in all product types.

Listed Properties

Transactions Closed

  • Utopia Center

    Utopia Center

    Shopping Neighborhood

    Fresh Meadows, NY
    Price: $51,700,000
    Size: 109,039 sqft
    Cap Rate: 0.27%

  • 240 Greenwich Avenue

    240 Greenwich Avenue

    Office & Retail

    Greenwich, CT
    Price: $27,500,000
    Size: 41,500 sqft
    Cap Rate: 3.57%

  • Long Island Retail Center

    Long Island Retail Center

    Shopping Neighborhood

    Long Island, NY
    Price: $23,600,000
    Size: 38,500 sqft
    Cap Rate: 5.10%

  • Washington Bridge Plaza

    Washington Bridge Plaza

    Shopping Neighborhood

    Fort Lee, NJ
    Price: $20,000,000
    Size: 49,032 sqft

  • Value City Distribution Warehouse

    Value City Distribution Warehouse

    Single-Tenant Industrial

    Columbus, OH
    Price: $19,500,000
    Size: 410,307 sqft
    Cap Rate: 8.05%

  • Lake Raystown Plaza

    Lake Raystown Plaza

    Shopping Neighborhood

    Huntingdon, PA
    Price: $19,500,000
    Size: 142,559 sqft
    Cap Rate: 8.12%

  • Shoprite Plaza - Warwick, NY

    Shoprite Plaza - Warwick, NY

    Shopping Strip

    Warwick, NY
    Price: $19,385,783
    Size: 80,263 sqft
    Cap Rate: 8.58%

  • Aventura Office Bldg+ Bank Ground Lease & Dev Site

    Aventura Office Bldg+ Bank Ground Lease & Dev Site

    Office

    Aventura, FL
    Price: $19,300,000
    Cap Rate: 3.67%

  • ShopRite Anch'd NNN Portfolio

    ShopRite Anch'd NNN Portfolio

    Shopping Community

    Slingerlands/Bethlehem (Albany MSA), NY
    Price: $19,115,200
    Size: 76,000 sqft
    Cap Rate: 8.49%

  • Berkeley Commons

    Berkeley Commons

    Shopping Regional

    Goldsboro, NC
    Price: $19,000,000
    Size: 136,827 sqft
    Cap Rate: 7.81%

  • BJ's Wholesale

    BJ's Wholesale

    Net Leased Grocery Store

    Jacksonville, FL
    Price: $18,300,000
    Size: 119,598 sqft
    Cap Rate: 6.87%

  • TBC Corporation

    TBC Corporation

    Single-Tenant Office

    Palm Beach Gardens, FL
    Price: $18,000,000
    Size: 44,415 sqft
    Cap Rate: 5.57%

  • Gatlin Plaza- Home Depot

    Gatlin Plaza- Home Depot

    Net Leased Miscellaneous

    Port Saint Lucie, FL
    Price: $16,400,000
    Size: 151,948 sqft
    Cap Rate: 4.12%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Queens, NY
    Price: $15,684,000
    Size: 10,500 sqft
    Cap Rate: 4.75%

  • Westhaven Town Center

    Westhaven Town Center

    Shopping Community

    Franklin, TN
    Price: $15,500,000
    Size: 97,002 sqft
    Cap Rate: 7.54%

  • Cherry Hill Marketplace

    Cherry Hill Marketplace

    Shopping Neighborhood

    Westland, MI
    Price: $15,234,000
    Size: 120,568 sqft
    Cap Rate: 7.66%

  • 71-09 Austin Street

    71-09 Austin Street

    Urban-High Street Retail

    Queens, NY
    Price: $15,100,000
    Size: 15,000 sqft
    Cap Rate: 4.93%

  • AT&T

    AT&T

    Single-Tenant Office

    Dallas, TX
    Size: 159,800 sqft
    Cap Rate: 7.27%

  • Beach Shopping Center

    Beach Shopping Center

    Shopping Neighborhood

    Peekskill, NY
    Price: $14,275,000
    Size: 207,355 sqft
    Cap Rate: 10.18%

  • 1009-1019 Second Avenue

    1009-1019 Second Avenue

    Retail Vacant/User

    New York, NY
    Price: $14,275,000
    Size: 6,208 sqft
    Cap Rate: 4.23%

  • Park Slope Plaza

    Park Slope Plaza

    Shopping Neighborhood

    Brooklyn, NY
    Price: $13,830,000
    Size: 37,159 sqft
    Cap Rate: 6.80%

  • Shoppes at Sugarmill Woods

    Shoppes at Sugarmill Woods

    Shopping Strip

    Homosassa, FL
    Price: $13,150,000
    Size: 53,114 sqft
    Cap Rate: 5.23%

  • CVS - Coral Way & SW 67th Ave

    CVS - Coral Way & SW 67th Ave

    Net Leased Drug Store

    West Miami, FL
    Price: $12,500,000
    Size: 13,103 sqft
    Cap Rate: 4.83%

  • Hebron Heights Shopping Center

    Hebron Heights Shopping Center

    Shopping Strip

    Carrollton, TX
    Size: 42,056 sqft
    Cap Rate: 6.91%

  • Pembroke Pines Professional Center

    Pembroke Pines Professional Center

    Office

    Pembroke Pines, FL
    Price: $12,150,000
    Cap Rate: 5.52%

  • ShopRite Supermarket

    ShopRite Supermarket

    Single-Tenant Vacant/User

    Niskayuna, NY
    Price: $11,800,000
    Size: 58,564 sqft

  • CVS

    CVS

    Shopping Strip

    Edgewater, NJ
    Price: $11,415,000
    Size: 13,361 sqft

  • CVS Pharmacy [24 Hour Store]

    CVS Pharmacy [24 Hour Store]

    Net Leased Drug Store

    Saugus (Boston MSA), MA
    Price: $11,340,500
    Size: 12,900 sqft
    Cap Rate: 5.55%

  • Prime Flushing Development Site

    Prime Flushing Development Site

    Shopping Strip

    Queens, NY
    Price: $11,250,000
    Size: 86,560 sqft
    Cap Rate: 4.97%

  • Food Bazaar Supermarket

    Food Bazaar Supermarket

    Net Leased Grocery Store

    Mount Vernon, NY
    Price: $11,000,000
    Size: 57,399 sqft
    Cap Rate: 6.55%

  • Academy Sports + Outdoors

    Academy Sports + Outdoors

    Shopping Strip

    Anderson, SC
    Price: $10,900,000
    Size: 76,623 sqft
    Cap Rate: 7.31%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    St. Petersburg, FL
    Price: $10,735,000
    Size: 01 sqft

  • 1059 Second Avenue

    1059 Second Avenue

    Multifamily & Retail

    New York, NY
    Price: $10,500,000
    Size: 6,000 sqft
    Size: 12 units
    Cap Rate: 2.20%

  • Prime Flushing Development Site

    Prime Flushing Development Site

    Retail Vacant/User

    Flushing, NY
    Price: $10,200,000
    Size: 92,000 sqft

  • Lowe's

    Lowe's

    Net Leased Dry Good

    Wheeling, WV
    Price: $10,100,000
    Size: 165,765 sqft
    Cap Rate: 5.94%

  • The Shoppes at Adams Ridge

    The Shoppes at Adams Ridge

    Shopping Community

    Mars, PA
    Price: $10,080,000
    Size: 49,060 sqft
    Cap Rate: 9.88%

  • Plaza at Crystal Run

    Plaza at Crystal Run

    Shopping Regional

    Middletown, NY
    Price: $9,650,000
    Size: 95,241 sqft
    Cap Rate: 10.98%

  • County Line Plaza

    County Line Plaza

    Shopping Neighborhood

    Philadelphia, PA
    Price: $9,600,000
    Size: 75,640 sqft
    Cap Rate: 7.79%

  • 8 Washington Street

    8 Washington Street

    Net Leased Drug Store

    North Attleboro, MA
    Price: $9,524,000
    Size: 15,900 sqft
    Cap Rate: 5.25%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Staten Island, NY
    Price: $9,500,000
    Size: 7,264 sqft
    Cap Rate: 7.24%

  • CVS Pharmacy

    CVS Pharmacy

    Net Leased Drug Store

    Long Branch, NJ
    Price: $9,250,000
    Size: 12,900 sqft
    Cap Rate: 5.20%

  • Shoprite Plaza - Ellenville

    Shoprite Plaza - Ellenville

    Shopping Strip

    Ellenville, NY
    Price: $9,122,722
    Size: 56,555 sqft
    Cap Rate: 9.32%

  • CVS Pharmacy Ground Lease

    CVS Pharmacy Ground Lease

    Net Leased Drug Store

    Gainesville, FL
    Price: $9,083,000
    Size: 12,900 sqft
    Cap Rate: 5.30%

  • ShopKo

    ShopKo

    Net Leased Discount

    Lincoln, NE
    Price: $9,075,000
    Size: 109,950 sqft
    Cap Rate: 9.95%

  • CVS/pharmacy

    CVS/pharmacy

    Net Leased Drug Store

    Ambler, PA
    Price: $9,000,000
    Size: 12,899 sqft
    Cap Rate: 5.63%

  • Lowe's Absolute NNN Lease

    Lowe's Absolute NNN Lease

    Net Leased Miscellaneous

    Ticonderoga, NY
    Price: $8,724,832
    Size: 124,051 sqft
    Cap Rate: 7.45%

  • 407 Park Ave

    407 Park Ave

    Urban-High Street Net Leased

    New York, NY
    Price: $8,700,000
    Size: 4,300 sqft
    Cap Rate: 5.39%

  • ShopRite - Fairview Plaza

    ShopRite - Fairview Plaza

    Net Leased Grocery Store

    Hudson (Greenport), NY
    Price: $8,568,495
    Size: 59,772 sqft
    Cap Rate: 9.45%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Pelham, NH
    Price: $8,545,455
    Size: 14,640 sqft
    Cap Rate: 5.50%

  • Rockaway Shopping Center

    Rockaway Shopping Center

    Shopping Strip

    Far Rockaway (Queens), NY
    Price: $8,436,000
    Size: 20,300 sqft
    Cap Rate: 7.30%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Pelham, NH
    Price: $8,355,555
    Size: 14,640 sqft
    Cap Rate: 5.62%

  • Morristown Medical Arts Center

    Morristown Medical Arts Center

    Office Medical

    Morristown, NJ
    Price: $8,350,000
    Cap Rate: 7.20%

  • CVS Pharmacy

    CVS Pharmacy

    Net Leased Drug Store

    Philadelphia, PA
    Price: $8,170,000
    Size: 13,000 sqft
    Cap Rate: 5.19%

  • 1267 First Avenue

    1267 First Avenue

    Multifamily & Retail

    New York, NY
    Price: $8,060,000
    Size: 7,375 sqft
    Cap Rate: 4.11%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Miami, FL
    Price: $8,000,000
    Size: 13,000 sqft
    Cap Rate: 5.84%

  • CVS/pharmacy

    CVS/pharmacy

    Net Leased Drug Store

    El Paso, TX
    Size: 13,225 sqft

  • Walgreens Ground Lease #10470

    Walgreens Ground Lease #10470

    Net Leased Drug Store

    Miami (Palmetto Bay), FL
    Price: $7,800,000
    Size: 13,000 sqft
    Cap Rate: 5.99%

  • Skyview Plaza

    Skyview Plaza

    Shopping Strip

    East Liverpool, OH
    Price: $7,700,000
    Size: 84,629 sqft
    Cap Rate: 13.23%

  • Home Depot

    Home Depot

    Net Leased Dry Good

    BRIDGEPORT, WV
    Price: $7,600,000
    Size: 132,599 sqft
    Cap Rate: 5.86%

  • MB Financial Bank - Ground Lease

    MB Financial Bank - Ground Lease

    Net Leased Bank

    Chicago, IL
    Price: $7,575,000
    Size: 8,100 sqft
    Cap Rate: 5.87%

  • CVS/Pharmacy

    CVS/Pharmacy

    Net Leased Drug Store

    Cedar Grove, NJ
    Price: $7,550,000
    Size: 12,150 sqft
    Cap Rate: 5.61%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Powell, OH
    Price: $7,500,000
    Size: 14,820 sqft
    Cap Rate: 5.40%

  • Prime Sunnyside Development Site

    Prime Sunnyside Development Site

    Urban-High Street Retail

    Sunnyside, NY
    Price: $7,280,000
    Size: 8,590 sqft
    Cap Rate: 3.81%

  • WALGREENS [Ground Lease]

    WALGREENS [Ground Lease]

    Net Leased Drug Store

    Fort Lauderdale, FL
    Price: $7,200,000
    Size: 12,980 sqft
    Cap Rate: 5.07%

  • CVS/pharmacy

    CVS/pharmacy

    Net Leased Drug Store

    Belton, TX
    Size: 13,225 sqft

  • Rite Aid

    Rite Aid

    Net Leased Drug Store

    Mc Kees Rocks, PA
    Price: $7,108,864
    Size: 11,186 sqft
    Cap Rate: 6.25%

  • First Choice Emergency Room

    First Choice Emergency Room

    Single Tenant Office Medical

    Friendswood (Houston), TX
    Size: 6,341 sqft
    Cap Rate: 6.75%

  • Washington Lawndale Commons

    Washington Lawndale Commons

    Shopping Community

    Evansville, IN
    Price: $6,900,000
    Size: 331,912 sqft
    Cap Rate: 11.17%

  • Walgreens

    Walgreens

    Net Leased Department Store

    Rockaland , MA
    Price: $6,872,000

  • AT&T Call Center

    AT&T Call Center

    Single-Tenant Office

    Fort Worth, TX
    Size: 62,119 sqft
    Cap Rate: 7.25%

  • Jefferson Square Shopping Center

    Jefferson Square Shopping Center

    Shopping Community

    Pine Bluff, AR
    Price: $6,700,000
    Size: 316,268 sqft
    Cap Rate: 15.06%

  • WALGREENS

    WALGREENS

    Net Leased Drug Store

    Houston, TX
    Size: 14,820 sqft
    Cap Rate: 6.39%

  • Capital One Bank

    Capital One Bank

    Net Leased Bank

    Dallas, TX
    Size: 3,500 sqft
    Cap Rate: 4.15%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    McCandless, PA
    Price: $6,620,000
    Size: 14,820 sqft
    Cap Rate: 6.27%

  • Walgreens

    Walgreens

    Shopping Neighborhood

    El Centro, CA
    Price: $6,570,000
    Size: 14,490 sqft
    Cap Rate: 5.49%

  • TD Bank (Miami International Mall)

    TD Bank (Miami International Mall)

    Net Leased Bank

    Miami, FL
    Price: $6,400,000
    Size: 57,978 sqft
    Cap Rate: 5.16%

  • Walgreens - Broad Ripple Village

    Walgreens - Broad Ripple Village

    Net Leased Drug Store

    Indianapolis, IN
    Price: $6,400,000
    Size: 14,490 sqft
    Cap Rate: 6.00%

  • CVS

    CVS

    Net Leased Drug Store

    Saint Joseph, MI
    Price: $6,268,000
    Size: 13,225 sqft
    Cap Rate: 5.19%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Easton, MA
    Price: $6,261,000
    Size: 80,908 sqft
    Cap Rate: 6.20%

  • Walgreens | 18-Yr. NNN

    Walgreens | 18-Yr. NNN

    Net Leased Drug Store

    Colorado Springs, CO
    Price: $6,239,000
    Size: 14,820 sqft
    Cap Rate: 5.85%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Guilford, CT
    Price: $6,147,000
    Size: 14,259 sqft
    Cap Rate: 6.25%

  • Walgreen's

    Walgreen's

    Net Leased Drug Store

    Brockton, MA
    Price: $6,095,000
    Size: 13,650 sqft
    Cap Rate: 6.35%

  • Capital One Bank Ground Lease

    Capital One Bank Ground Lease

    Net Leased Bank

    Coppell, TX
    Size: 3,459 sqft
    Cap Rate: 4.15%

  • Ontario Village Apartments

    Ontario Village Apartments

    Multifamily

    Watertown, NY
    Price: $6,005,000
    Size: 196,976 sqft
    Size: 208 units
    Cap Rate: 10.87%

  • Bank of America (Ground Lease)

    Bank of America (Ground Lease)

    Net Leased Bank

    Fredericksburg, VA
    Price: $6,000,000
    Size: 59,590 sqft
    Cap Rate: 4.68%

  • AT&T Revenue Management Center

    AT&T Revenue Management Center

    Single-Tenant Office

    Houston, TX
    Size: 62,927 sqft
    Cap Rate: 7.37%

  • CVS Pharmacy

    CVS Pharmacy

    Net Leased Drug Store

    Louisville, KY
    Price: $5,925,903
    Size: 13,225 sqft
    Cap Rate: 5.70%

  • TD Bank

    TD Bank

    Net Leased Bank

    Winter Park, FL
    Price: $5,882,352
    Size: 2,964 sqft
    Cap Rate: 4.25%

  • CVS Pharmacy

    CVS Pharmacy

    Net Leased Drug Store

    Centerville (Cape Cod), MA
    Price: $5,860,000
    Size: 9,750 sqft
    Cap Rate: 5.84%

  • WAWA (GROUND LEASE)

    WAWA (GROUND LEASE)

    Net Leased Auto Service - Gas/Conv.

    Woodbridge, NJ
    Price: $5,803,571
    Size: 78,233 sqft
    Cap Rate: 5.60%

  • 2500 West State Street

    2500 West State Street

    Shopping Strip

    Alliance, OH
    Price: $5,787,500
    Size: 248,566 sqft
    Cap Rate: 2.88%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Cranberry Township, PA
    Price: $5,762,842
    Size: 13,050 sqft
    Cap Rate: 7.60%

  • Kmart Plaza

    Kmart Plaza

    Shopping Regional

    Weirton, WV
    Price: $5,600,000
    Size: 171,308 sqft
    Cap Rate: 12.00%

  • PNC Bank

    PNC Bank

    Net Leased Bank

    Skokie, IL
    Price: $5,600,000
    Size: 3,315 sqft
    Cap Rate: 4.38%

  • CVS Pharmacy

    CVS Pharmacy

    Retail Vacant/User

    Palmer, MA
    Price: $5,576,923
    Size: 12,481 sqft
    Cap Rate: 5.20%

  • Advance Auto Parts

    Advance Auto Parts

    Net Leased Auto Parts

    Jamaica (Queens), NY
    Price: $5,545,000
    Size: 12,500 sqft
    Cap Rate: 6.58%

  • CVS

    CVS

    Net Leased Drug Store

    Round Rock, TX
    Size: 12,900 sqft
    Cap Rate: 6.24%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Ellenwood, GA
    Price: $5,492,300
    Size: 14,820 sqft
    Cap Rate: 6.50%

  • Swiss Army Brands

    Swiss Army Brands

    Industrial Warehouse

    Shelton, CT
    Price: $5,460,000
    Cap Rate: 9.71%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Groton, CT
    Price: $5,450,000
    Size: 14,490 sqft
    Cap Rate: 6.06%

There are additional transactions closed, contact us for more.