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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 offers investment sales, market research, and advisory services across a range of asset classes including multifamily, retail, office, single-tenant net-lease, seniors housing, self-storage, and land. Philadelphia commercial real estate agents leverage our national marketing platform to deliver maximum exposure for real estate properties for sale and ensure access to an expansive network of qualified investors. Covering the greater Philadelphia area and nearby states, our team combines market knowledge with the full-service support of Marcus & Millichap Capital Corporation (MMCC) financing professionals based 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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Net Lease

McDonald's | 2024 Build | 20 Year NNN Lease

Sunbury, PA

Years Remaining On Lease: 19.3

Cap Rate: 4.25%

Listing Price: $1,882,353

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Apartments

14-16 S. Wycombe Ave

Lansdowne, PA

Number of Units: 5

Listing Price: $1,450,000

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Apartments

15 Unit Portfolio Sale - Condo/Townhomes

Hyattsville, MD

Number of Units: 15

Cap Rate: 7.12%

Listing Price: $1,800,000

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AYR Wellness Cannabis Dispensary | New Castle, PA

New Castle, PA

Years Remaining On Lease: 5.4

Cap Rate: 9.00%

Listing Price: $596,300

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Family Dollar

Max Meadows, VA

Years Remaining On Lease: 2.1

Cap Rate: 7.50%

Listing Price: $1,200,000

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Industrial

Warehouse - Central Norfolk Submarket

Norfolk, VA

Price/Gross SF: $65.01

Cap Rate: 9.00%

Listing Price: $3,162,510

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FedEx Office

Plymouth Meeting, PA

Years Remaining On Lease: 4.7

Cap Rate: 7.50%

Listing Price: $3,696,000

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Apartments

Renovated Six Unit Apartment - Washington DC

Washington, DC

Number of Units: 6

Cap Rate: 7.48%

Listing Price: $2,650,000

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Taco Bell-NNN Lease w/Recent Extension

Newport News, VA

Years Remaining On Lease: 14.4

Cap Rate: 5.75%

Listing Price: $1,954,069

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Hospitality/Golf

Lord Baltimore Hotel

Baltimore, MD

Price/Room: $54,100

Cap Rate: 4.35%

Listing Price: $23,750,000

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Industrial

IAA (±24.5 AC IOS Site) | Richmond MSA

Ashland, VA

Price/Gross SF: $636.36

Cap Rate: 3.17%

Listing Price: $7,000,000

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Retail

Huntington Plaza

Barboursville, WV

Price/Gross SF: $82.90

Cap Rate: 8.30%

Listing Price: $2,990,000

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Pollo Campero NNN

Philadelphia, PA

Years Remaining On Lease: 9.4

Cap Rate: 5.60%

Listing Price: $2,142,000

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Apartments

Danville Portfolio

Danville, VA

Number of Units: 44

Cap Rate: 6.95%

Listing Price: $2,550,000

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APPLEBEE’S | 516 COMMERCE DR

Bluefield, VA

Years Remaining On Lease: 12.8

Cap Rate: 5.75%

Listing Price: $2,735,459

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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

The Forces Driving Interest Rates Lower – Will They Last?

August 11, 2025

Research Video

CRE Space Demand Trends for 2Q

August 4, 2025

Employment

Research Brief

Employment

August 2025

GDP

Research Brief

Gross Domestic Product

August 2025

Research Video

Why CRE Fundamentals Are Poised To Improve

July 28, 2025

Economy

Research Brief

Retail Sales

July 2025

Research Video

Will Office Recovery Influence the Broader CRE Market?

July 21, 2025

GDP

Research Brief

Inflation

July 2025

mm industrial

Market Report

2025 U.S. Industrial Investment Outlook Midyear

2025 Outlook

Research Video

New Tax Laws Ease Uncertainty: Implications For CRE Investors

July 14, 2025

mm self storage

Market Report

2025 U.S. Self-Storage Investment Outlook Midyear

2025 Outlook

Employment

Research Brief

Employment

July 2025

Research Video

The Eye of the Storm? Interest Rates, Tariffs and Uncertainty

July 7, 2025

Research Video

Local Rent Gains and The Big Picture

June 30, 2025

Research Video

Flat Fed, Inflation Risks & Durability of Retail Sales

June 23, 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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401-409 V St NE, Washington, DC 20002

Press Releases

Marcus & Millichap Brokers Sale of Vacant 12-Unit Apartment Property in Washington, D.C.

Marcus & Millichap announced today the sale of V Street Apartments, a vacant, 12-unit multifamily community in the Eckington neighborhood of Northeast Washington, D.C. for $775,500

August 07, 2025

Wawa Portfolio

Press Releases

Marcus & Millichap Closes $27 Million Wawa Portfolio Sale in a 1031 Exchange

Marcus & Millichap announced today the $27,142,794 sale of a four-property Wawa portfolio in Newtown, Pottstown, Warrington, and Fairless Hills, Pennsylvania.

August 06, 2025

5912 13th St NW, Washington, District Of Columbia 20011

Press Releases

Marcus & Millichap Arranges Sale of 70-Unit Multifamily Community in Northwest Washington, D.C.

Marcus & Millichap announced today the sale of Concord Gardens, a 70-unit multifamily community located in the Brightwood neighborhood of Northwest Washington, D.C. for $4.5 million

July 28, 2025

SSA 2025 Fall Conference & Trade Show
Industry Events

SSA 2025 Fall Conference & Trade Show

Aria Resort & Casino, Las Vegas, NV
September 2 – September 5, 2025
CRE.Converge
Industry Events

NAIOP CRE.Converge

Sheraton Centre Toronto, Toronto, Ontario
September 8 – September 10, 2025
2025 NIC Fall Conference
Industry Events

2025 NIC Fall Conference

JW Marriott, Austin, TX
September 8 – September 10, 2025
3013 Washington Pike, Bridgeville, Pennsylvania 15017

Press Releases

Marcus & Millichap Facilitates $10.6 Million Sale of ALDI-Anchored Retail Center in Pittsburgh Area

Marcus & Millichap announced today the sale of The Crossings at South Fayette, a 38,203-square-foot ALDI-anchored shopping center in Bridgeville, Pennsylvania, for $10,565,897

July 16, 2025

GlobeSt.com

Media

Data Centers Fuel Record Spending on U.S. Energy Infrastructure

AI demands have ignited a new wave of data center development.

July 02, 2025

600 S Dearborn St, Chicago, IL 60605

Press Releases

Marcus & Millichap Arranges $4.1M Sale of Five-Suite Retail Property in Chicago

Marcus & Millichap announced today the sale of a five-suite retail property located at 600 S. Dearborn St. in Chicago, Illinois, for $4.1 million

June 30, 2025

The Lodging Conference
Industry Events

The Lodging Conference

JW Marriott Phoenix Desert Ridge Resort & Spa, Phoenix, AZ
October 6 – October 10, 2025
CREW Network Convention
Industry Events

CREW Network Convention

Fairmont Hotel, Austin, TX
October 8 – October 10, 2025
2626 Pennsylvania Ave NW

Press Releases

Marcus & Millichap Brokers $12.7M Sale of Luxury Condo Development in D.C.’s West End

Marcus & Millichap announces today the sale of 2626 Pennsylvania Ave. NW, a proposed 32-unit residential development in Washington, D.C., for $12.7 million.

June 16, 2025

Charles Schwab Features Marcus & Millichap CEO Hessam Nadji

Video

Charles Schwab Features Marcus & Millichap CEO Hessam Nadji

Headwinds & Opportunities: The Forces Shaping CRE Investment Activity

June 10, 2025

Globe St. Multifamily Fall
Industry Events

Globe St. Multifamily Fall

JW Marriott Los Angeles L.A. LIVE, Los Angeles, CA
October 20, 2025
1915 Benning Road

Press Releases

Marcus & Millichap Arranges $2.15M Sale of 9-Unit Multifamily Property in D.C.

Marcus & Millichap announced today the sale of 1915 Benning Road NE, a nine-unit multifamily property in the Kingman Park neighborhood of Washington, D.C., for $2.15 million.

June 04, 2025

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News & Events