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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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Net Lease

Wendy's | Sale Leaseback | Reduced Price

Rocky Mount, VA

Cap Rate: 5.65%

Listing Price: $2,550,000

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Net Lease

Wendy's | Sale Leaseback | Reduced Price

Hardy, VA

Cap Rate: 5.65%

Listing Price: $2,450,000

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Retail

Aspen Dental Anchored Strip

Towson, MD

Price/Gross SF: $437.39

Cap Rate: 7.08%

Listing Price: $6,200,000

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Land

Tuckerman Street Parcel

Washington, DC

Lot Size: 0.44 acres

Listing Price: $1,450,000

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Retail

Mixed-Use Retail and Office Petworth

Washington, DC

Price/Gross SF: $181.33

Cap Rate: 7.20%

Listing Price: $3,750,000

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Net Lease

Chick-fil-A | 9+ Years Remaining | Washington, DC MSA | At-Market Rent Rate

Fredericksburg, VA

Years Remaining On Lease: 9.6

Cap Rate: 4.50%

Listing Price: $3,541,778

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Hospitality/Golf

Quality Inn Harrisonburg I-81

Harrisonburg, VA

Price/Room: $104,478

Listing Price: $7,000,000

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Net Lease

DaVita Dialysis & WVU Medicine | CPI Rental Increases

Uniontown, PA

Years Remaining On Lease: 6.9

Cap Rate: 6.75%

Listing Price: $3,162,000

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Self-Storage

Prestige Storage (Managed)

Pasadena, MD

Year Built: 2024

Listing Price: Request For Offer

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Net Lease

Panera Bread

Virginia Beach, VA

Years Remaining On Lease: 11.9

Cap Rate: 4.80%

Listing Price: $3,437,500

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Apartments

Downtown Silver Spring Development Opportunity

Silver Spring, MD

Number of Units: 100

Cap Rate: 6.13%

Listing Price: $3,950,000

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Self-Storage

Carlisle Antique Mall & Storage

Carlisle, PA

Year Built: 1918

Cap Rate: 8.58%

Listing Price: $2,350,000

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Retail

FedEx Office Print & Ship Center

Baltimore, MD

Price/Gross SF: $327.11

Cap Rate: 6.65%

Listing Price: $3,205,000

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Apartments

Multifamily Development Opportunity

Washington, DC

Number of Units: 38

Cap Rate: 6.07%

Listing Price: $2,875,000

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Mixed-Use

1421 H Street NE

Washington, DC

Gross SF: 2,276

Cap Rate: 9.31%

Listing Price: $890,000

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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.

Medical

Special Report

Medical Office National Report

1H 2024

Research Video

Why The Fed’s So Cautious About Cutting Rates

June 17, 2024

Research Video

Perceptions of the CRE Investment Market

June 10, 2024

Employment

Research Brief

Employment

June 2024

Research Video

What's the Long Term CRE Outlook?

June 3, 2024

Housing

Research Brief

Housing

May 2024

GDP

Research Brief

Inflation

May 2024

mm multifamily

Special Report

Multifamily National Report

2Q 2024

Retail

Research Brief

Retail Sales

May 2024

mm net lease

Special Report

U.S. Single-Tenant Net-Lease Retail National Report

1H 2024

Research Video

What April Inflation Data Means for Investors

May 20, 2024

Research Video

Potential Risks Investors Should Monitor

May 13, 2024

Research Video

What the Affordability Gap Means for Investors

May 7, 2024

Research Video

1Q CRE Fundamentals Update

May 6, 2024

Research Video

Investor Opinions on CRE Pricing

April 29, 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.

Retail Trends 2024
Marcus & Millichap Events

Retail Trends 2024

Webcast Replay
June 13, 2024
Jan Coonley, Chief People Officer

Press Releases

Marcus & Millichap Names Chief People Officer

Marcus & Millichap announced today the hiring of chief people officer Jan Coonley.

June 10, 2024

Giant

Press Releases

Marcus & Millichap Arranges $10.1 Million Sale of Net-Leased Giant near State College Pennsylvania

Marcus & Millichap announced today the sale of a freestanding Giant grocery store property in Bellefonte, Pennsylvania.

June 05, 2024

Lakehurst Wawa

Press Releases

Marcus & Millichap Arranges $6.5 Million Sale of Net-Leased Wawa in New Jersey

Marcus & Millichap announced today the sale of a net-leased Wawa property located in Lakehurst, New Jersey.

June 04, 2024

19th St NW

Press Releases

Marcus & Millichap Brokers Sale of Never-Before-Sold Multifamily Property in Washington D.C.

Marcus & Millichap announced today the sale of 1603 19th St. NW, a 14-unit apartment property located in the Dupont Circle neighborhood of Washington, D.C.

May 29, 2024

Multi-Housing News

Media

2024 Top Brokerage Firms

MHN unveils the 15 leading firms—plus the top performers for sales volume and product diversity—in our latest annual ranking.

May 29, 2024

CNBC Features Marcus & Millichap CEO Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

The Forces Shaping Retail Real Estate

May 24, 2024

Patient First

Press Releases

Marcus & Millichap Arranges Sale of Patient First Urgent Care in Pennsylvania

Marcus & Millichap announced today the sale of Patient First, a net-leased medical office property located in Bethlehem, Pennsylvania.

May 13, 2024

NJ Wawa

Press Releases

Marcus & Millichap Announces Sale of Milestone Wawa Location in New Jersey

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

May 09, 2024

National Net Lease Summit
Industry Events

National Net Lease Summit

University Club of Chicago, IL
July 25, 2024
Yahoo Finance Features Hessam Nadji

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

The Two Sides of Commercial Real Estate

April 24, 2024

Bloomberg Features Hessam Nadji

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

The Psychology of Rate Cuts Influencing CRE Investment

April 12, 2024

Bay Street Estates

Press Releases

Marcus & Millichap Announces $7.8 Million Sale of Multifamily Property in Maryland

Marcus & Millichap announced today the sale of Bay Street Estates, a 56-unit multifamily property located in Berlin, Maryland.

April 03, 2024

Northbay Professional Pavilion

Press Releases

Marcus & Millichap Arranges $4.5 Million Sale of Medical Office Property in Maryland

Marcus & Millichap announced today the sale of Northbay Professional Pavilion, a medical office property located in Elkton, Md.

April 03, 2024

Globest 2024 Best Places To Work Emblem

Media

GlobeSt. 2024 Best Places to Work

CRE's Best Places To Work

April 02, 2024

Keep Exploring

News & Events