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Philadelphia, Pennsylvania

Philadelphia Office

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2005 Market Street, Suite 1510
Philadelphia, PA 19103
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Phone: (215) 531-7000
Fax: (215) 531-7010

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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.

Timothy B. Stephenson Jr.

Timothy B. Stephenson Jr.

Regional Manager
Direct: (215) 531-7050
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The Philadelphia Office

The Philadelphia office of Marcus & Millichap provides real estate investment sales, research information and advisory services for multifamily, retail, office, single-tenant net-lease, self-storage, seniors housing, manufactured homes, hospitality, land and special assets. Philadelphia agents leverage the firm’s national marketing platform to provide real estate investors with access to the industry’s largest inventory of deliverable commercial property as well as to the largest pool of qualified private and institutional buyers and sellers. Investment specialists conduct business within Philadelphia and the surrounding states. The office also offers financing solutions through Marcus & Millichap Capital Corporation representatives located in the office.

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.

VIEW AVAILABLE MID-ATLANTIC LISTINGS VIEW AVAILABLE U.S. & CANADA LISTINGS
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Retail

Sharon Gallery

Sharon, PA

Price/Gross SF: $126.96

Cap Rate: 8.60%

Listing Price: $1,295,000

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Apartments

The Hermosa - Luxury Apartment Building

Washington, DC

Number of Units: 2

Cap Rate: 7.61%

Listing Price: $1,695,000

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Retail

Dollar General & Popeyes

Folcroft, PA

Price/Gross SF: $336.96

Cap Rate: 6.75%

Listing Price: $3,250,000

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Net Lease

CVS

Forest, VA

Years Remaining On Lease: 12.7

Cap Rate: 6.26%

Listing Price: $2,980,000

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Net Lease

Taco Bell | Absolute NNN Ground Lease

Meadville, PA

Years Remaining On Lease: 24.6

Cap Rate: 5.00%

Listing Price: $1,200,000

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Net Lease

Texas Roadhouse | Waynesboro, VA

Waynesboro, VA

Years Remaining On Lease: 14.9

Cap Rate: 5.30%

Listing Price: $2,924,528

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Apartments

LeDroit Park Multifamily Opportunity

Washington, DC

Number of Units: 3

Cap Rate: 6.84%

Listing Price: $1,100,000

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Net Lease

Dollar General Plus - Larger Format Store Concept | 15 Year Absolute Net Lease | 2024 Construction

Airville (Southern PA), PA

Years Remaining On Lease: 14.1

Cap Rate: 7.75%

Listing Price: $1,882,309

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Apartments

39 Mississippi Ave SE

Washington, DC

Number of Units: 21

Cap Rate: 7.25%

Listing Price: $2,415,000

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Mixed-Use

Takoma Park Church

Takoma Park, MD

Gross SF: 6,076

Cap Rate: 7.00%

Listing Price: $2,150,000

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Net Lease

FedEx Office

Plymouth Meeting, PA

Years Remaining On Lease: 5.0

Cap Rate: 7.25%

Listing Price: $3,823,448

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Apartments

Bayview Apartments

Norfolk, VA

Number of Units: 40

Cap Rate: 4.97%

Listing Price: $3,000,000

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Apartments

Meadow Brook Terrace

Norfolk, VA

Number of Units: 26

Cap Rate: 6.12%

Listing Price: $2,300,000

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Industrial

6500 Chapmans Rd

Allentown, PA

Price/Gross SF: $104.63

Cap Rate: 6.38%

Listing Price: $5,200,000

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Net Lease

Walgreens Absolute NNN Lease (No ROFR)

Virginia Beach, VA

Years Remaining On Lease: 1.7

Cap Rate: 7.00%

Listing Price: $3,223,585

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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

Research Video

Can the Office Market Regain Its Footing in 2025?

May 5, 2025

Employment

Research Brief

Employment

April 2025

Research Video

Retail CRE Positioned to Withstand Potential Headwinds

May 5, 2025

Research Video

Industrial Investments Durable Amid Uncertainty

April 30, 2025

Economy

Research Brief

Retail Sales

April 2025

Research Video

Multifamily Well Positioned to Face Economic Headwinds

April 28, 2025

mm hospitality

Market Report

2025 Hospitality Investment Outlook

2025 Outlook

Research Video

Emerging Signals in the Office Investment Market

April 23, 2025

Research Video

Private Investors Taking the Lead in CRE Investment?

April 21, 2025

Research Video

How Consumer Sentiment Could Shape Multifamily Demand

April 18, 2025

GDP

Research Brief

Inflation

April 2025

Research Video

Financial Market Whiplash vs CRE Investment Durability

April 14, 2025

Research Video

Market Reacts to Tariffs – Implications for CRE?

April 7, 2025

Employment

Research Brief

Employment

April 2025

Research Video

Rising Above Uncertainty: A Five-Year Perspective

March 31, 2025

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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.

VIEW ALL MID-ATLANTIC NEWS & EVENTS VIEW ALL NEWS & EVENTS
National Forums Symposium
Industry Events

NAIOP National Forums Symposium

The Sheraton New Orleans Hotel, New Orleans, Louisiana
May 13 – May 15, 2025
Saigon Plaza

Press Releases

Marcus & Millichap Arranges $10M Sale of Grocery-Anchored Retail Center in Pennsauken Township, N.J.

Marcus & Millichap announced today the sale of Saigon Plaza, a multi-tenant, specialty grocery-anchored retail center located in Pennsauken Township, New Jersey.

May 07, 2025

Inspira Health

Press Releases

Marcus & Millichap Brokers $2.5M Sale of Medical Office Property in New Jersey

Marcus & Millichap announced today the sale of a 10,193-square-foot medical office property in Swedesboro, New Jersey.

May 06, 2025

ICSC LAS VEGAS
Industry Events

ICSC LAS VEGAS

Las Vegas Convention Center, Las Vegas, NV
May 18 – May 20, 2025
Marcus & Millichap

Press Releases

Marcus & Millichap Announces Senior Management Reorganization to Maximize Growth Opportunities

Marcus & Millichap announced today a management realignment to streamline decision making, execution and allocation of key executives to strategic growth initiatives.

April 30, 2025

Oak Hall Lane

Press Releases

Marcus & Millichap partners with Lee & Associates to Arrange a $7.75M Sale of Retail / Industrial Property in Columbia, Maryland

Marcus & Millichap announced today the sale of 6822 Oak Hall Lane, a 39,096-square-foot industrial property located in Columbia, Maryland.

April 22, 2025

7942 Cluny Ct

Press Releases

Marcus & Millichap Arranges $7.85M Sale of Industrial Property in Springfield, Virginia

Marcus & Millichap announced today the sale of 7942 Cluny Ct., a 39,243-square-foot industrial property in Springfield, Virginia.

April 10, 2025

Lightbridge Academy

Press Releases

Marcus & Millichap Arranges $4.62M Sale of Net-Leased Lightbridge Academy Property in Bethlehem, Pennsylvania

Marcus & Millichap announced today the sale of a net-leased childcare facility tenanted by Lightbridge Academy in Bethlehem, Pennsylvania.

April 07, 2025

Chipotle

Press Releases

Marcus & Millichap Brokers $2.13M Sale of Net-Leased Chipotle Property in Moosic, Pennsylvania

Marcus & Millichap announced today the sale of a net-leased Chipotle property in Moosic, Pennsylvania.

April 03, 2025

Bloomberg Features Hessam Nadji

Video

Bloomberg Radio Features Marcus & Millichap CEO Hessam Nadji

2025: A Turning Point For Commercial Real Estate

March 21, 2025

Goodnoe's Corner

Press Releases

Marcus & Millichap Closes Two-Property Retail Center Sale in Bucks County Pennsylvania

Marcus & Millichap announced today the sale of Goodnoe’s Corner, a 34,660-square-foot town center in Newton, Pennsylvania, and Village Center, a 87,705-square-foot grocery-anchored shopping center in Bensalem, Pennsylvania.

March 19, 2025

1340 21st St NW

Press Releases

Marcus & Millichap Brokers $3.8M Multifamily Sale in Washington, D.C.'s Dupont Circle

Marcus & Millichap announced today the sale of 1340 21st St. NW, a 10-unit apartment property located in Washington, D.C.

March 03, 2025

Wawa Glenside

Press Releases

Marcus & Millichap Arranges $7.23 Million Sale of Net-Leased Wawa in Glenside, Pennsylvania

Marcus & Millichap announced today the sale of a net-leased Wawa location in Glenside, Pennsylvania.

February 26, 2025

Edgewood Grove Storage

Press Releases

Marcus & Millichap Announces Sale of 265-Unit Self Storage Property in Somerset, Pennsylvania

Marcus & Millichap announced today the sale of Edgewood Grove Storage, a 265-unit self-storage property located in Somerset, Pennsylvania.

February 24, 2025

Mixed-Use Retail and Office Petworth

Press Releases

Marcus & Millichap Brokers $4.3M Sale of 13-Suite Retail and Office Property in Washington, D.C.

Marcus & Millichap announced today the sale of 6400 Georgia Avenue N.W., a 13-suite mixed-use property located in Washington, D.C.

February 13, 2025

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News & Events