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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
View Philadelphia agents & originators

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.

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Land

900 Rockville Pike | 0.59 Acre | Approved Project Plan for 4,400 SF Retail

Rockville, MD

Lot Size: 0.59 acres

Listing Price: $2,400,000

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Net Lease

Chipotle | 15 Years Remain | Baltimore MD MSA | Rare York Rd Offering

Cockeysville, MD

Years Remaining On Lease: 14.4

Cap Rate: 4.72%

Listing Price: $3,999,999

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Apartments

Walk-to-Campus Single Family Home Student Housing Portfolio

Richmond, VA

Number of Units: 30

Cap Rate: 5.46%

Listing Price: $12,605,000

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Net Lease

Family Dollar

Honaker, VA

Years Remaining On Lease: 4.7

Cap Rate: 9.50%

Listing Price: $482,000

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Hospitality/Golf

Baymont Inn Rocky Mount

Rocky Mount, VA

Price/Room: $81,148

Cap Rate: 9.90%

Listing Price: $4,950,000

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Net Lease

Wendy’s Corporate Guaranteed 10 Year NNN Lease

Temple Hills, MD

Years Remaining On Lease: 10.3

Cap Rate: 5.17%

Listing Price: $2,999,999

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Net Lease

Panera Bread

Virginia Beach, VA

Years Remaining On Lease: 11.5

Cap Rate: 5.00%

Listing Price: $3,300,000

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Apartments

LeDroit Park Multifamily Opportunity

Washington, DC

Number of Units: 3

Cap Rate: 7.01%

Listing Price: $1,200,000

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Hospitality/Golf

Best Western Huntington Mall Inn

Barboursville, WV

Price/Room: $42,969

Cap Rate: 9.12%

Listing Price: $5,500,000

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Hospitality/Golf

River Edge Inn

Colonial Beach, VA

Price/Room: $72,500

Cap Rate: 9.21%

Listing Price: $4,350,000

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Self-Storage

Salt Grass Farms Mini Storage Development

Berlin, MD

Year Built: 2025

Cap Rate: 1.40%

Listing Price: $2,200,000

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Net Lease

The Napa Auto Parts/American Freight Building

Pittsburgh, PA

Years Remaining On Lease: 5.2

Cap Rate: 9.00%

Listing Price: $3,290,000

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Land

1818 Franklin Mills Circle

Philadelphia, PA

Lot Size: 3.01 acres

Listing Price: $1,995,000

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Net Lease

7 Brew Drive-Thru Coffee

Midlothian, VA

Years Remaining On Lease: 15.2

Cap Rate: 6.35%

Listing Price: $2,126,000

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Apartments

Mixed-Use Retail Opportunity Columbia Heights

Washington, DC

Number of Units: 2

Cap Rate: 7.79%

Listing Price: $2,080,000

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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.

Employment

Research Brief

Employment

November 2024

Research Video

Has Commercial Real Estate Performance Turned the Corner?

November 4, 2024

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Special Report

Retail National Report

4Q 2024

Research Video

Will Elevated Debt Threaten the Economy?

October 28, 2024

Research Video

Why CRE Insurance Costs Are Poised to Surge

October 21, 2024

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Special Report

East & Gulf Coast Dockworkers Strike

October 2024

Research Video

Will September Job Surge Put Rate Cuts on Hold?

October 14, 2024

Employment

Research Brief

Employment

October 2024

Research Video

Will Black Swan Events Derail The Fed & CRE Outlook?

October 7, 2024

Research Video

Will Multifamily Development Overwhelm the Market?

October 7, 2024

Research Video

Investors’ Top Question About Interest Rates

September 30, 2024

Housing

Research Brief

Housing

September 2024

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Special Report

Multifamily National Report

3Q 2024

Seniors Housing

Special Report

Senior Housing National Report

2H 2024

Medical

Special Report

Skilled Nursing National Report

2H 2024

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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.

Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

Fontainebleau, Las Vegas, NV
November 11 – November 13, 2024
eCore Real Estate Summit
Industry Events

eCore Real Estate Summit

Trump National Doral, Miami, FL
November 17 – November 19, 2024
Aspen Dental Anchored Strip

Press Releases

Marcus & Millichap Brokers Sale of Retail Strip in Towson, Maryland

Marcus & Millichap announced today the sale of a two-building, four-tenant retail property located in Towson, Maryland.

October 30, 2024

Wawa Wayne NJ

Press Releases

Marcus & Millichap Facilitates Sale of Net-Leased Wawa Location in Northern New Jersey

Marcus & Millichap announced today the sale of a net-leased Wawa location in Wayne, New Jersey.

October 28, 2024

Yahoo Finance

Media

Marcus & Millichap CEO Believes The Worst Damage "Has Already Been Done" To Commercial Real Estate And Upside Is Returning

The difficulties facing commercial real estate's office sector and their potential to cause a 2008-style meltdown have been a long-running story in real estate.

October 15, 2024

Globe St. Healthcare
Industry Events

Globe St. Healthcare

Andaz Scottsdale Resort, Scottsdale, AZ
December 2 – December 3, 2024
CNBC Features Hessam Nadji

Video

CNBC International Features Marcus & Millichap CEO Hessam Nadji

International Investors Seek Safety in U.S. Real Estate

October 01, 2024

ICSC NEW YORK
Industry Events

ICSC NEW YORK

Javits Center, New York, NY
December 11 – December 12, 2024
Bloomberg Features Hessam Nadji

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

Digging Below The Surface Of Real Estate Distress

September 25, 2024

CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Fed Rate Cut Influencing CRE Investment Climate

September 24, 2024

Wawa Chambersburg

Press Releases

Marcus & Millichap Facilitates Sale of Brand-New Wawa in Chambersburg, Pennsylvania

Marcus & Millichap announced today the sale of a new construction, net-leased Wawa located in Chambersburg, Pennsylvania.

September 24, 2024

Elmore Avenue Shoppes

Press Releases

Marcus & Millichap Facilitates Sale of Fully Occupied Retail Strip in Davenport, Iowa

Marcus & Millichap announced today the sale of Elmore Avenue Shoppes, a fully occupied, six-unit retail center located in Davenport, Iowa.

September 19, 2024

JSB Apartments

Press Releases

Marcus & Millichap Arranges $6.3M Sale of Multifamily Property in Maryland

Marcus & Millichap announced today the sale of JSB Apartments, a 48-unit apartment property located in Waldorf, Maryland.

September 03, 2024

Garrett County Self Storage

Press Releases

Marcus & Millichap Arranges Sale of 13.23-Acre Self-Storage Property in Maryland

Marcus & Millichap announced today the sale of Garrett County Self Storage, a 49,675-square-foot storage property located in McHenry, Maryland.

August 29, 2024

Olde Towne Portfolio

Press Releases

Marcus & Millichap Facilitates Sale of Four-Property Multifamily Portfolio in Old Towne District of Portsmouth, Virginia

Marcus & Millichap announced today the sale of a four-property multifamily portfolio located in the Old Towne historic district of Portsmouth, Virginia.

August 28, 2024

Keep Exploring

News & Events