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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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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
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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Apartments

3508-3512 Ely Place SE

Washington, DC

Number of Units: 8

Listing Price: $2,000,000

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Apartments

8th St NE Apartments

Washington, DC

Number of Units: 13

Cap Rate: 5.65%

Listing Price: $5,100,000

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Apartments

1005 Chesapeake Ave

Chesapeake, VA

Number of Units: 2

Cap Rate: 6.67%

Listing Price: $450,000

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Net Lease

Walmart Neighborhood Market (Dark)

Richmond, VA

Years Remaining On Lease: 8.2

Cap Rate: 7.00%

Listing Price: $9,607,514

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Industrial

Ridgway Industrial

Ridgway, PA

Price/Gross SF: $7.90

Cap Rate: 5.50%

Listing Price: $1,200,000

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Self-Storage

Wildcat Self Storage

Nitro, WV

Year Built: 1982

Cap Rate: 5.80%

Listing Price: $2,200,000

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Net Lease

Wendy's

Chester, VA

Years Remaining On Lease: 18.5

Cap Rate: 4.75%

Listing Price: $2,547,621

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Retail

164 N Hanover St

Carlisle, PA

Price/Gross SF: $159.95

Cap Rate: 8.05%

Listing Price: $2,600,000

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Net Lease

Wendy's

Hopewell, VA

Years Remaining On Lease: 18.5

Cap Rate: 4.75%

Listing Price: $2,701,579

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Net Lease

Rite Aid

Emporium, PA

Years Remaining On Lease: 4.6

Cap Rate: 7.25%

Listing Price: $4,039,655

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Net Lease

Rite Aid | 7+ Years Remain | Harrisburg, PA MSA | High Profile Corner

Camp Hill, PA

Years Remaining On Lease: 7.1

Cap Rate: 7.50%

Listing Price: $9,862,733

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Office

3101 N Front St

Harrisburg, PA

Price/Gross SF: $125.08

Cap Rate: 6.45%

Listing Price: $3,500,000

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Net Lease

Long John Silver's

Clearfield, PA

Years Remaining On Lease: 14.7

Cap Rate: 5.10%

Listing Price: $1,000,000

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Net Lease

Long John Silver's

La Vale, MD

Years Remaining On Lease: 14.7

Cap Rate: 5.10%

Listing Price: $1,784,314

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Net Lease

Citizens Bank - Turtle Creek, PA

Turtle Creek, PA

Years Remaining On Lease: 3.0

Cap Rate: 7.00%

Listing Price: $1,812,118

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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.

Housing

Research Brief

Housing

June 2022

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Research Video

3 Significant CRE Trends for the Rest of 2022

June 27, 2022

Baltimore Research

Market Report

Baltimore Office Market Report

2Q 2022

Philadelphia Research

Market Report

Philadelphia Office Market Report

2Q 2022

Pittsburgh Research

Market Report

Pittsburgh Office Market Report

2Q 2022

Washington DC Research

Market Report

Washington, D.C. Office Market Report

2Q 2022

Retail

Research Brief

Retail Sales

June 2022

Research Video Image

Research Video

What the Fed Rate Hike Means for CRE Investors

June 20, 2022

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Special Report

Financial Markets

June 2022

GDP

Special Report

Capital Markets: To Swap or Not to Swap

June 2022

Research Video Image

Research Video

Are We In A Housing Market Bubble?

June 13, 2022

Research Video Image

Research Video

Economic and Real Estate Overview and Outlook

2Q 2022

Research Video Image

Research Video

What's Driving the Active CRE Investment Climate?

June 6, 2022

Employment

Research Brief

Employment

June 2022

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Research Brief

Self-Storage

June 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.

Cherry Hill Center

Press Releases

Cherry Hill Shopping Center Commands $5.9 Million Price Tag

Marcus & Millichap announced today the sale of Cherry Hill Center, a four-suite, 17,800-square-foot shopping center located in Cherry Hill, New Jersey.

June 29, 2022

Wealth Management

Media

Rising Interest Rates, Inflation Lead Investors to Reassess Which CRE Assets to Pursue

Multifamily and industrial continue to be in demand among commercial real estate investors, in spite of the new challenges. But the investment environment is changing and with it the calculus for which assets to invest in.

June 28, 2022

Connect Media 2019 Logo

Media

Industry Icons Update the State of the Market at Connect LA

Industry Icons Update the State-of-the-Market at Connect LA

June 28, 2022

Multi-Housing News

Media

What the New Housing Supply Action Plan Means for Manufactured Housing

How President Biden’s approach will impact new MHC supply.

June 21, 2022

GlobeSt.com

Awards

50 under 40 - Congratulations Seth I. Barnett

50 individuals under 40 who have forged a strong career path for themselves by delivering a strong value-add to their companies.

June 06, 2022

CoStar

Media

Marcus & Millichap Looks Within To Create Division Manager Roles in East

They Know the Ups and Downs That It Takes,' CEO Says

June 03, 2022

SFVBJ-Leadership-Awards-2022

Awards

Mentor Of The Year - Yunia Lubega

SFVBJ Mentor Of The Year - Yunia Lubega

June 03, 2022

John Horowitz

Press Releases

Marcus & Millichap Promotes John Horowitz to Northeast Division Manager

Marcus & Millichap announced today the promotion of John Horowitz to Northeast division manager.

June 01, 2022

Ryan Nee

Press Releases

Marcus & Millichap Promotes Ryan Nee to Senior Vice President and Southeast Division Manager

Marcus & Millichap announced the promotion of Ryan Nee to senior vice president and division manager of the Southeast.

June 01, 2022

Brian Hosey

Press Releases

Marcus & Millichap Names Brian Hosey Mid-Atlantic Division Manager

Marcus & Millichap announced today the promotion of Brian Hosey to Mid-Atlantic division manager

June 01, 2022

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Video

Fox Business: The Rapidly Evolving Real Estate Climate, The Forces In Play, And Implications For Investors

Marcus & Millichap’s President and CEO Hessam Nadji joins Fox Business: The Rapidly Evolving Real Estate Climate, The Forces In Play And Implications For Investors

May 25, 2022

Hessam Nadji on Bloomberg Radio

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

The Forces Driving Real Estate And the Role the Fed Will Continue to Play

May 25, 2022

CoStar

Media

Retailers Devastated in Pandemic Are Coming Back as World Reopens, Marcus & Millichap CEO Says

Retailers Devastated in Pandemic Are Coming Back as World Reopens, Marcus & Millichap CEO Says State of Market 'Surprisingly Healthy' and Optimistic, According to Brokerage Leader Hessam Nadji

May 25, 2022

CoStar

Media

Supply Chain Woes Still Plague Retailers, Sparking Debate on Returning Overseas Factories to US

Retail Sales Still Hold, Even With Construction Challenges and Difficulty Securing Goods

May 24, 2022

Wealth Management

Media

No End in Sight for Strong Demand for Class-A Multifamily Units

Barring major economic headwinds, apartment rents are on track for big rises for the balance of 2022 as developers struggle to keep pace.

May 23, 2022

Keep Exploring

News & Events