Marcus & Millichap expands and relocates in Philadelphia
PHILADELPHIA, PA — Marcus & Millichap has announced the relocation of its Philadelphia office to Center City Philadelphia and the opening of an additional office in Wynnewood. The main office’s address will be: One Commerce Square, 2005 Market St., Suite 1510, Philadelphia, PA, 19103. On May 27th, 2016 the firm opened a new office at 308 East Lancaster Ave. in Wynnewood, Pa., 19096.
Brenton Baskin, regional manager of Marcus & Millichap’s Philadelphia office, will lead both moves and serve as regional manager of the two offices, which are expected to encompass 100 employees total. “The move and expansion is integral to maintaining our position at the forefront of commercial sales,” adds Baskin. “Our teams are excited about the growth we are experiencing. It allows us to bring on additional investment sales brokers to support the quickly growing Philadelphia market, which is gaining momentum across all sectors.” “Philadelphia has become a prime destination for international investors,” adds Mark Taylor, a senior vice president investments in Marcus & Millichap’s Philadelphia office. “As our market share increases, it’s crucial to have a both strong downtown presence and a suburban office.”
Located in Philadelphia’s main business district, Marcus & Millichap’s new 10,000 s/f office space will accommodate the rapid growth and future plans expected for the firm. The building features courtyards with full service restaurants, state-of-the-art conference rooms and an auditorium.