Philadelphia Office
2005 Market Street
Suite 1510
Philadelphia, PA 19103
Office: (215) 531-7000

Philadelphia office page

Net Lease // Retail

Derrick Dougherty

First Vice President Investments

The Dougherty Team, an elite group of investment sales professionals, focuses exclusively on multi-tenant shopping centers and net-leased investments throughout the United States advising private investors, developers, and institutions in both acquisitions and dispositions. Lead by Derrick Dougherty, a Director of both the National Retail Group and the Net-Leased Properties Group of Marcus & Millichap, Derrick has consistently ranked amongst the firm’s top agents.


His professional career started with Marcus & Millichap in 2008, where he went on to win Rookie of the Year. Shortly after joining Marcus & Millichap, Derrick partnered up with Mark Taylor and Dean Zang, which would eventually be called TZD Retail (Taylor-Zang-Dougherty). Collectively, they built one of the most reputable and active retail investment teams on the east coast. In their last two years of partnership, TZD Retail brokered 200+ transactions and $1 billion in investment properties across the country. In 2017, Derrick was presented an opportunity to form The Dougherty Team, based in Philadelphia, PA. His partners are Scott Woodard, Steve Garthwaite, and Mark Krantz. The Dougherty Team has quickly become one of the most well-respected retail teams in the industry. In 2019, The Dougherty Team listed and closed 37 transactions on a national, regional and local level.


As a Delaware County, Pa. native, Derrick is a graduate of Cardinal O’Hara high school in Springfield, PA and Lycoming College in Williamsport, Pa., where he played football and basketball. After graduating college, Derrick worked for the Pittsburgh Pirates in their minor league system broadcasting baseball games on the radio in markets throughout the northeastern part of the country. He and his wife, Kristen, have two daughters, Brooklyn and Skylar, and a son, Max. In his spare time, Derrick enjoys traveling with his family, coaching field hockey, and attending college and professional sporting events.

License: PA: RS305854

Achievements

  • National Achievement Award: 2020, 2019, 2016
  • Sales Recognition Award: 2020, 2019, 2018, 2017, 2016, 2015, 2014
  • SIA Induction: 2016

Featured Closings

Closed

Retail

Philadelphia Net Lease Portfolio

Downingtown, PA

Closed

Net Lease

7-Eleven Tidewater Portfolio

Williamsburg, VA

Closed

Industrial

350 Alvin Drive

New Kensington, PA

Closed

Retail

Shops at Red Lion

Philadelphia, PA

Closed

Industrial

Wells Fargo Building

Miami, FL

Closed

Industrial

The Paige Company

Elmwood Park, NJ

Closed

Retail

Walgreens & Sherwin-Williams Paints Plaza

District Heights, MD

Closed

Retail

Victory Square

Philadelphia, PA

Closed

Industrial

Bedford Manufacturing and Distribution Center

Bedford, PA

Closed

Net Lease

Walgreens (Baltimore MSA)

Catonsville, MD

Closed

Retail

Short Hills Towne Center

Cherry Hill, NJ

Closed

Net Lease

Wawa

Collingdale, PA

Closed

Net Lease

Wawa Ground Lease

Boynton Beach, FL

Closed

Retail

South Jersey Retail Center Portfolio

Cherry Hill, NJ

Closed

Net Lease

Walgreens [Baltimore MSA]

Bel Air, MD

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