Glen Allen, Virginia

Richmond Office

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4401 Waterfront Drive, Suite 230
Glen Allen, VA 23060
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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.

Benjamin Yelm

Vice President/Regional Manager

Direct: (843) 952-2300

Email Benjamin

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The Richmond Office

The Richmond 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. Richmond 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 the Mid-Atlantic market and throughout the state of Virginia. The office also offers loan origination services through Marcus & Millichap Capital Corporation (MMCC) representatives.

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

Price Reduction

New Listing

Net Lease

Dollar General

Painter, VA

Years Remaining On Lease: 7.5

Cap Rate: 5.95%

Listing Price: $1,755,000

Price Reduction

New Listing

Industrial

Pittsburgh Cold Storage

Pittsburgh, PA

Price/Gross SF: $66.86

Cap Rate: 8.30%

Listing Price: $4,600,000

Price Reduction

New Listing

Apartments

BPM Townhome Portfolio

New Castle, DE

Number of Units: 16

Cap Rate: 5.85%

Listing Price: $2,960,000

Price Reduction

New Listing

Net Lease

Dollar General

Farrell, PA

Years Remaining On Lease: 14.9

Cap Rate: 5.20%

Listing Price: $1,946,000

Price Reduction

New Listing

Net Lease

Wendy's | 17+ Years Remaining | Washington, D.C. MSA | Sales Over $900/SF

Temple Hills, MD

Years Remaining On Lease: 17.9

Cap Rate: 4.00%

Listing Price: $5,665,308

Price Reduction

New Listing

Manufactured Housing

Boswoods Estates

Boswell, PA

Price/Space: $14,277

Cap Rate: 2.20%

Listing Price: $1,699,000

Price Reduction

New Listing

Medical Office

DaVita Dialysis | Lewistown, PA

Lewistown, PA

Gross SF: 23,260

Cap Rate: 5.67%

Listing Price: $2,850,000

Price Reduction

New Listing

Net Lease

Redevelopment Opportunity

Oak Hill, WV

Listing Price: $100,000

Price Reduction

New Listing

Self-Storage

STORExpress - Brinton

Pittsburgh, PA

Year Built: 2004

Listing Price: Request For Offer

Price Reduction

New Listing

Self-Storage

STORExpress - Robinson

Pittsburgh, PA

Year Built: 2005

Listing Price: Request For Offer

Price Reduction

New Listing

Self-Storage

STORExpress - New Kensington

New Kensington, PA

Year Built: 1992

Listing Price: Request For Offer

Price Reduction

New Listing

Apartments

200-208 E Washington Street

Suffolk, VA

Number of Units: 11

Cap Rate: 7.41%

Listing Price: $1,250,000

Price Reduction

New Listing

Net Lease

Redevelopment Opportunity

Gloucester Point, VA

Listing Price: $550,000

Price Reduction

New Listing

Industrial

Mr. Tire - PA Portfolio

Washington, PA

Cap Rate: 6.87%

Listing Price: $2,600,000

Price Reduction

New Listing

Office

State Police Barracks

Avonmore, PA

Price/Gross SF: $416.90

Cap Rate: 6.07%

Listing Price: $3,650,000

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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.

VIEW ALL MID-ATLANTIC RESEARCH VIEW ALL U.S. & CANADA RESEARCH

Special Report

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

2Q 2022

Research Video

Will Cap Rates Rise Due To Increasing Interest Rates?

May 16, 2022

Research Brief

Office Market

May 2022

Research Brief

Employment

May 2022

Research Video

What Tightening Fed Policy Means for CRE Investors

May 9, 2022

Research Brief

Financial Markets

May 2022

Research Video

Are CRE Buyers Moving to the Sidelines?

May 2, 2022

Research Brief

Housing

April 2022

Research Brief

Gross Domestic Product

2Q 2022

Special Report

Capital Markets: Back to the Future

April 2022

Research Brief

Inflation

April 2022

Research Video

Why Retail is Surprising to the Upside

April 25, 2022

Research Brief

Retail Sales

April 2022

Research Brief

Multifamily

April 2022

Research Video

What's the 20-Year CRE Outlook?

April 18, 2022

Keep Exploring

Research

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

Industry Events

ICSC Las Vegas

Las Vegas Convention Center, Las Vegas, NV

May 22 – May 24, 2022

Media

Rising Rates Curb Frothy Apartment Market

Real Estate Alert

May 17, 2022

Press Releases

Marcus & Millichap Agent Posthumously Sells Two Pennsylvania Assets for over $9 Million

Marcus & Millichap announced today Fred Paisley’s posthumous sales of the M&E Apartment Portfolio and Fresenius Medical Care.

May 13, 2022

Press Releases

$30 Million Pittsburgh Metro Industrial Asset Sale Leaseback Brokered by Marcus & Millichap

Marcus & Millichap announced today the sale and leaseback of 1000 Park Drive, a four-building, 346,009-square-foot manufacturing asset triple-net-leased to Black Box Corp. in Bridgeville, Pennsylvania.

May 12, 2022

Media

Positive Outlook for Commercial Real Estate Hits Seven-Year High

The Investor Sentiment Index climbed five points

May 10, 2022

Media

Retail Influencers

The men and women who made a meaningful impact on the retail sector in the last year

May 06, 2022

Media

CRE Can Withstand A Higher Rate Environment. Here’s Why

While interest rates are not likely to come down soon, they’re still at historic lows.

May 06, 2022

Press Releases

Marcus & Millichap Brokers 39-Property Self-Storage Portfolio Sale Across Five States

Marcus & Millichap announced today the sale of a 39-property self-storage portfolio located in Michigan, New Jersey, New York, Ohio and Pennsylvania.

May 04, 2022

Media

Marcus and Millichap assesses economic headwinds

inflation and Federal Reserve policy are impacting the commercial real estate market.

April 28, 2022

Video

CNBC: Office Sector Faces Dual Track Recovery; The Properties That Best Hedge Inflation

CNBC Features Marcus & Millichap CEO Hessam Nadji: Office Sector Faces Dual Track Recovery; The Properties That Best Hedge Inflation

April 21, 2022

Media

Marcus & Millichap Brokers $150 Million Student Housing Portfolio Sale, Largest Ever in Illinois’ Champaign-Urbana Market

Marcus & Millichap today announced it has brokered the $150 million sale of a portfolio comprising over 50 student housing properties totaling nearly 1,100 units near the University of Illinois Urbana-Champaign campus in Champaign, Ill.

April 19, 2022

Media

What the Fed Minutes Mean for CRE Investors

The Fed is poised to implement more hawkish policies, so “be ready for rate hikes.”

April 13, 2022

Media

Investors Target Medical Office In Defensive Play

Marcus & Millichap predicts that vacancy will decrease by 20 basis points.

April 07, 2022

Media

Online brands open stores in suburbs to be closer to customers

As in-store shopping returns, small retailers like Allbirds and Parachute Home are counting on bricks to drive more clicks.

April 07, 2022

Press Releases

Marcus & Millichap Hires Top Auction Brokers to Lead Property Auction Services

Marcus & Millichap announced today Adam Sklaver and Phil Kates joined the firm as senior vice presidents specializing in property auction services.

April 07, 2022

Keep Exploring

News & Events

Glen Allen, Virginia

Richmond Office

Contact Our Office

Connect With Our Team

Benjamin Yelm

The Richmond Office

CURRENT MID-ATLANTIC LISTINGS

Your Property Search Starts Here

Net Lease

Dollar General

Industrial

Pittsburgh Cold Storage

Apartments

BPM Townhome Portfolio

Net Lease

Dollar General

Net Lease

Wendy's | 17+ Years Remaining | Washington, D.C. MSA | Sales Over $900/SF

Manufactured Housing

Boswoods Estates

Medical Office

DaVita Dialysis | Lewistown, PA

Net Lease

Redevelopment Opportunity

Self-Storage

STORExpress - Brinton

Self-Storage

STORExpress - Robinson

Self-Storage

STORExpress - New Kensington

Apartments

200-208 E Washington Street

Net Lease

Redevelopment Opportunity

Industrial

Mr. Tire - PA Portfolio

Office

State Police Barracks

Keep Exploring

RECENT MID-ATLANTIC RESEARCH

Essential Market Insights

Special Report

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

Research Video

Will Cap Rates Rise Due To Increasing Interest Rates?

Research Brief

Office Market

Research Brief

Employment

Research Video

What Tightening Fed Policy Means for CRE Investors

Research Brief

Financial Markets

Research Video

Are CRE Buyers Moving to the Sidelines?

Research Brief

Housing

Research Brief

Gross Domestic Product

Special Report

Capital Markets: Back to the Future

Research Brief

Inflation

Research Video

Why Retail is Surprising to the Upside

Research Brief

Retail Sales

Research Brief

Multifamily

Research Video

What's the 20-Year CRE Outlook?

Keep Exploring

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

ICSC Las Vegas

Media

Rising Rates Curb Frothy Apartment Market

May 17, 2022

Press Releases

Marcus & Millichap Agent Posthumously Sells Two Pennsylvania Assets for over $9 Million