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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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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.

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Retail

One-Eyed Mike’s | 12.94% Cap | Next to Harbor East

Baltimore, MD

Price/Gross SF: $487.80

Cap Rate: 12.94%

Listing Price: $1,500,000

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Apartments

9619 Cape View Avenue

Norfolk, VA

Number of Units: 6

Cap Rate: 6.49%

Listing Price: $680,000

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Net Lease

Citizens Bank | Abs NNN | Strong Deposits

Turtle Creek, PA

Years Remaining On Lease: 5.1

Cap Rate: 8.00%

Listing Price: $1,500,000

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Net Lease

DaVita Dialysis

Newport News, VA

Years Remaining On Lease: 4.3

Cap Rate: 7.80%

Listing Price: $1,542,000

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Net Lease

Wawa | Growing Community 1.5 Hrs from DC

Winchester, VA

Years Remaining On Lease: 20.2

Cap Rate: 5.00%

Listing Price: $6,615,000

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Net Lease

Wendy’s NNN Lease Strong Sales Recent Remodel

Washington, DC

Years Remaining On Lease: 10.6

Cap Rate: 5.75%

Listing Price: $3,271,860

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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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Apartments

Fully Leased Mixed-Use Asset in Core Arlington

Arlington, VA

Number of Units: 6

Cap Rate: 7.02%

Listing Price: $4,690,000

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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 | Strong Store Opening!

Waynesboro, VA

Years Remaining On Lease: 14.9

Cap Rate: 5.30%

Listing Price: $2,924,528

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Net Lease

Bank of America

Colonial Heights, VA

Years Remaining On Lease: 4.9

Cap Rate: 6.25%

Listing Price: $1,777,000

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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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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.

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Research Video

Understanding Today’s CRE Distress Landscape

May 19, 2025

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

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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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Modo Building

Press Releases

Marcus & Millichap Arranges $5.3M Sale of Multifamily Property in Washington, D.C.

Marcus & Millichap announced today the sale of Modo Apartments, a mixed-use property comprised of 17 multifamily units and one ground-floor retail bay in Washington, D.C.

May 19, 2025

ICSC LAS VEGAS
Industry Events

ICSC LAS VEGAS

Las Vegas Convention Center, Las Vegas, NV
May 18 – May 20, 2025
The Storage Mall

Press Releases

Marcus & Millichap Brokers Sale of 548-Unit Self-Storage Property in East Syracuse, New York

Marcus & Millichap announced today the sale of The Storage Mall, a 548-unit self-storage property located in East Syracuse, New York.

May 13, 2025

Default, Distress & Opportunity Webcast
Marcus & Millichap Events

Default, Distress & Opportunity Webcast

Live Webcast
May 29, 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

Retail Trends 2025
Marcus & Millichap Events

Retail Trends 2025

Live Webcast
June 4, 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

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News & Events