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Norfolk, Virginia

Hampton Roads Office

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999 Waterside Drive, Suite 2525
Norfolk, VA 23510
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Phone: (757) 777-3737
Fax: (757) 493-3953

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Connect With Our Team

In 1971, Marcus & Millichap was founded on a unique set of principles to maximize value for real estate investors and, in the process, revolutionized the brokerage industry.

Benjamin Yelm

Benjamin Yelm

Vice President/Regional Manager
Direct: (843) 952-2300
Charles Gallagher

Charles Gallagher

Sales Manager
Direct: (804) 802-6881
View Hampton Roads agents & originators

The Hampton Roads Office

The Hampton Roads office of Marcus & Millichap provides buyers and sellers of commercial real estate with investment brokerage and financing services focused on the Tidewater region and throughout the State of Virginia. Hampton Roads agents represent investors in transactions involving but not limited to retail, office, industrial, and multifamily properties. Investment professionals in the region also leverage Marcus & Millichap's industry-leading research to offer investment real estate advisory services on individual properties and portfolios. Commercial real estate financing services are offered by a loan originator with Marcus & Millichap Capital Corporation (MMCC).

CURRENT MID-ATLANTIC LISTINGS

Your Property Search Starts Here

Finding the right investment opportunity is easy when choosing from the industry’s largest, most diverse collection of exclusive commercial real estate listings. Start your search now.

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Hospitality/Golf

Comfort Inn Oxon Hill

Oxon Hill, MD

Price/Room: $91,463

Listing Price: $11,250,000

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Net Lease

ALDI | 20-Years Remaining | Washington, D.C MSA | Nation's Fastest-Growing Chain

La Plata, MD

Years Remaining On Lease: 20.0

Cap Rate: 4.25%

Listing Price: $3,411,764

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PopShelf

Timberville, VA

Years Remaining On Lease: 15.2

Cap Rate: 5.50%

Listing Price: $2,123,000

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Retail

Aspen Dental, ATI Therapy | Dogtopia Strip | PRICE REDUCED

Towson, MD

Price/Gross SF: $506.66

Cap Rate: 6.00%

Listing Price: $7,181,950

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Caliber Collision

Hatboro, PA

Years Remaining On Lease: 10.5

Cap Rate: 6.95%

Listing Price: $3,244,428

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Carroll Fuel | 14+ Years Remaining | Unique NNN Offering

Baltimore, MD

Years Remaining On Lease: 14.1

Cap Rate: 6.50%

Listing Price: $2,212,354

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Citizens Bank - Turtle Creek, PA

Turtle Creek, PA

Years Remaining On Lease: 2.6

Cap Rate: 9.00%

Listing Price: $1,409,422

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Citizens Bank - Bellevue, PA

Bellevue, PA

Years Remaining On Lease: 2.6

Cap Rate: 9.00%

Listing Price: $2,319,866

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Dogtopia

Washington, DC

Years Remaining On Lease: 19.8

Cap Rate: 6.00%

Listing Price: $3,750,000

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Pizza Hut

Fairmont, WV

Years Remaining On Lease: 19.3

Cap Rate: 5.75%

Listing Price: $1,216,157

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Retail

Carlisle Antique Mall

Carlisle, PA

Price/Gross SF: $48.57

Cap Rate: 11.54%

Listing Price: $1,700,000

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Apple Market

Rustburg, VA

Years Remaining On Lease: 12.6

Cap Rate: 5.60%

Listing Price: $1,812,500

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Apple Market

Bedford, VA

Years Remaining On Lease: 12.6

Cap Rate: 5.60%

Listing Price: $1,359,375

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Pizza Hut

Wheeling, WV

Years Remaining On Lease: 19.3

Cap Rate: 5.75%

Listing Price: $944,122

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CVS Pharmacy | 9+ Years Remaining | Philadelphia, PA MSA | Upgraded Architectural Design

Perkasie, PA

Years Remaining On Lease: 9.2

Cap Rate: 5.75%

Listing Price: $6,167,026

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Properties

RECENT MID-ATLANTIC RESEARCH

Essential Market Insights

Marcus & Millichap’s research services division is dedicated to providing our clients with cutting-edge market research and innovative insights. Browse our recent reports and videos focused on your areas of interest.

VIEW ALL MID-ATLANTIC RESEARCH VIEW ALL U.S. & CANADA RESEARCH
Employment

Research Brief

Employment

December 2022

Research Video Image

Research Video

Holiday Spending on the Rise? Implications for CRE

November 28, 2022

Research Video Image

Research Video

Impact of October Inflation Numbers On CRE

November 21, 2022

Retail

Research Brief

Retail Sales

November 2022

Research Video Image

Research Video

The Employment Market's Impact On CRE

November 14, 2022

Economy

Research Brief

Inflation

November 2022

Research Video Image

Research Video

3 Takeaways From the Latest Fed Meeting

November 7, 2022

Employment

Research Brief

Employment

November 2022

US Money

Research Brief

Financial Markets

November 2022

Housing

Research Brief

Housing

October 2022

Research Video Image

Research Video

What the Yield Curve Inversion Means for CRE

October 31, 2022

IPA GDP Research

Research Brief

Gross Domestic Product

October 2022

Retail

Research Brief

Retail Sales

October 2022

Research Video Image

Research Video

Why Buy CRE in Times of Uncertainty

October 24, 2022

Special Report

Industrial Outdoor Storage

October 2022

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Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

Stay informed with the news and events impacting your investment strategy.

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ICSC New York
Industry Events

ICSC NEW YORK

Javits Center, New York, NY
December 7 – December 8, 2022
GlobeSt.com

Media

What Those Recent Inflation Numbers Really Mean

A number of economic indicators are promising, but with more rate hikes on the horizon, how will CRE investors react?

November 22, 2022

Commercial Property Executive

Media

The 2023 CRE Outlook: CEOs Weigh In

Next year could get bumpy fast. These leading executives shared their insights during this CPEVoices discussion.

November 21, 2022

Bloomberg-TV-11.17-700x460

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

Real Estate and the Fed’s Tightening Cycle Impact on Valuations and Investment Strategies

November 17, 2022

GlobeSt.com

Media

Market Rally After Latest Inflation Data A 'Foreteller' of What's to Come

Hessam Nadji, President and CEO of Marcus & Millichap, told CNBC that the recent stock rally after better-than-expected CPI data is a harbinger of what's to come in a few months.

November 16, 2022

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Video

Inflation Ease a Positive Sign; Not Yet a Trend. Implications for Commercial Real Estate.

CNBC Features Marcus & Millichap CEO Hessam Nadji: Inflation Ease a Positive Sign; Not Yet a Trend. Implications for Commercial Real Estate.

November 11, 2022

Bloomberg-11.10-700x460

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

The Impact of Rising Interest Rates And The CRE Opportunities Being Created

November 10, 2022

Wealth Management

Media

Seritage Might Have to Accept Price Discounts If It Hopes to Complete its Liquidation Sale

While Seritage assets are sure to create investor interest, a cloudy economic outlook and tighter financing availability are bound to be major factors in negotiations, market observers say.

November 09, 2022

3101 N Front St, Harrisburg

Press Releases

Marcus & Millichap Negotiates Harrisburg Office Building Sale for $2.8 Million

Marcus & Millichap announced today the sale of a 27,983-square-foot single-tenant office building located in Harrisburg, PA, according to Sean Beuche, regional manager and Pennsylvania broker of record, who assisted in the closing.

November 03, 2022

3650 Nazareth Pike, Bethlehem, Pennsylvania 18020

Press Releases

Marcus & Millichap Negotiates $6.4 Million Retail Strip in Bethlehem, Pennsylvania

Marcus & Millichap (NYSE: MMI) announced today the sale of Bethlehem Village Shoppes, says Sean Beuche, Pennsylvania broker of record and Philadelphia regional manager who assisted in the closing.

November 02, 2022

GlobeSt.com

Media

Hessam Nadji: How We Got to Where We Are and What’s Next

Hessam Nadji, president and CEO of Marcus & Millichap gave a sweeping overview of the state of the US economy and CRE at the GlobeSt. Multifamily national conference.

October 31, 2022

9800 Twin Lakes Pkwy, Charlotte, North Carolina 28269

Press Releases

Marcus & Millichap Arranges Charlotte Warehouse Sale for $7 Million

Marcus & Millichap (NYSE: MMI) announced today a $7 million industrial office closing, says Ben Yelm, regional manager and North Carolina broker of record.

November 01, 2022

Allender Storage

Press Releases

Marcus & Millichap Arranges the Sale of a 76,369-Square-Foot Self-Storage Facility in White Marsh, Maryland

Marcus & Millichap announced today the sale of Allender Storage, a 76,369-square-foot self-storage facility located in White Marsh, Maryland, according to Grant Fitzgerald, regional manager of the firm’s Columbus office.

October 31, 2022

Greensboro Self Storage

Press Releases

Marcus & Millichap Arranges the Sale of a 17,550-Square-Foot Self-Storage Facility in Greensboro, Maryland

Marcus & Millichap announced today the sale of Greensboro Self Storage, a 17,550-square-foot self-storage facility located in Greensboro, Maryland, according to Grant Fitzgerald, regional manager of the firm’s Columbus office.

October 31, 2022

Wealth Management

Media

Demand for Industrial Space Is Slowing Down. But It’s Still a Landlord’s Market.

While rising inflation and weaker consumer spending are having an impact on industrial property fundamentals, the comparisons are to record highs in occupancy and rent growth.

October 27, 2022

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News & Events