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Glen Allen, Virginia

Richmond Office

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4401 Waterfront Drive, Suite 230
Glen Allen, VA 23060
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Phone: (804) 802-6900

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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

Benjamin Yelm

Vice President/Regional Manager
Charles Gallagher

Charles Gallagher

Sales Manager
View Richmond agents & originators

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.

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Apartments

3305 7th St NE

Washington, DC

Cap Rate: 4.65%

Listing Price: $3,999,999

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Apartments

Lofts at Henry Hall

Philadelphia, PA

Number of Units: 21

Cap Rate: 6.74%

Listing Price: $4,000,000

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Apartments

New Construction Multifamily Building

Washington, DC

Number of Units: 8

Cap Rate: 7.11%

Listing Price: $2,900,000

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Net Lease

Absolute Net Stonewall Collision

Allentown, PA

Years Remaining On Lease: 17.1

Cap Rate: 6.57%

Listing Price: $2,100,000

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Office

Mine Safety & Health Administration (GSA) | New 10-Year (8-Years Firm) Lease | $163k in TI

Madison, WV

Price/Gross SF: $145.43

Cap Rate: 7.75%

Listing Price: $1,368,035

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Net Lease

Citizens Bank

Turtle Creek, PA

Years Remaining On Lease: 6.1

Cap Rate: 7.00%

Listing Price: $1,714,000

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Apartments

Triton Portfolio

Norfolk, VA

Number of Units: 36

Cap Rate: 6.27%

Listing Price: $6,900,000

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Net Lease

Firestone Complete Auto Care | Virginia

Staunton, VA

Years Remaining On Lease: 15.0

Cap Rate: 5.20%

Listing Price: $4,857,000

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Industrial

218 S Bridge St

Elkton, MD

Price/Gross SF: $361.11

Listing Price: $650,000

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Retail

Rising Sun Strip Center (Forman Mills Shadow Anchored)

Philadelphia, PA

Price/Gross SF: $331.42

Cap Rate: 6.75%

Listing Price: $7,283,000

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Retail

University Town Center

Morgantown, WV

Price/Gross SF: $257.14

Cap Rate: 7.00%

Listing Price: $15,775,000

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Retail

Harbor Freight Centre

Morgantown, WV

Price/Gross SF: $239.77

Cap Rate: 6.75%

Listing Price: $11,000,000

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Hospitality/Golf

Comfort Inn & Suites Troutville Roanoke North Daleville

Troutville, VA

Listing Price: Request For Offer

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Hospitality/Golf

Baymont Inn Rocky Mount

Rocky Mount, VA

Price/Room: $88,525

Cap Rate: 11.86%

Listing Price: $5,400,000

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Industrial

Matheson Tri-Gas, Inc.

Johnstown, PA

Price/Gross SF: $61.94

Cap Rate: 10.01%

Listing Price: $695,000

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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.

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

Retail

Special Report

Grocery Sector Outlook

April 2024

GDP

Research Brief

Gross Domestic Product

April 2024

Housing

Research Brief

Housing

April 2024

Retail

Research Brief

Retail Sales

April 2024

Research Video

Economic Drivers and CRE

April 22, 2024

Research Video

Key Highlights From the 2024 Industrial Forecast Book

April 19, 2024

Research Video

Key Insights From BEC 2024

April 15, 2024

GDP

Research Brief

Inflation

April 2024

Industrial

Special Report

Cold Storage

April 2024

Retail

Special Report

Unanchored Strip Centers

April 2024

Employment

Research Brief

Employment

April 2024

Keep Exploring

Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

Stay informed with the news and events impacting your investment strategy.

ICSC Las Vegas
Industry Events

ICSC LAS VEGAS

Las Vegas Concention Center, Las Vegas, NV
May 19 – May 21, 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

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

San Fernando Valley Business Journal

Media

Marcus & Millichap Gets Proptech Right - San Fernando Valley Business Journal

Proptech is increasingly important to the real estate industry, and Marcus & Millichap is hoping to lead the charge. 

April 01, 2024

Rosewick Corner

Press Releases

Marcus & Millichap Arranges Sale of New Retail Center in Southern Maryland

Marcus & Millichap announced today the sale of Rosewick Corner, a newly constructed two-tenant strip center located in La Plata, Maryland.

March 29, 2024

Royersford Wawa

Press Releases

Marcus & Millichap Brokers $3.5 Million Sale of Pennsylvania Wawa

Marcus & Millichap announced today the sale of a net-leased Wawa property located at 451 W. Ridge Pike in Royersford, Penn.

March 27, 2024

Effingham Green Condos

Press Releases

Marcus & Millichap Brokers 17-Unit Multifamily Property in Portsmouth

Marcus & Millichap announced today the sale of 1007 Green Street, a 17-unit apartment property located in Portsmouth, Va.

March 25, 2024

Highlands Self Storage

Press Releases

Marcus & Millichap Brokers the Sale of Highlands Self Storage in Franklin

Marcus & Millichap announced today the sale of Highlands Self Storage, a 53,865 square foot self-storage facility located in Franklin, N.J.

March 25, 2024

Little Bay Avenue

Press Releases

Marcus & Millichap Arranges $3.1 Million Sale of Apartment Property in Norfolk

Marcus & Millichap announced today the sale of 1314 and 1318 Little Bay Avenue, a 20-unit apartment property located in Norfolk, Va.

March 25, 2024

CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Don’t Judge the Book By Its Cover, The Real Estate Segments With a Favorable Outlook

March 15, 2024

Keep Exploring

News & Events