The Dougherty Team Exclusively Lists 16-Property Retail Portfolio in the Philadelphia Metropolitan Area
3 hours ago
2 min read
Philadelphia, PA, Oct. 1, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the exclusive listing for sale of a 16-property retail portfolio in the Philadelphia Metropolitan Area. The properties are available individually. Derrick Dougherty, Scott Woodard, Mark Krantz, Colin Reder, Nick Geaneotes and Jacob Haslach of Marcus & Millichap are leading the exclusive marketing campaign on behalf of the seller, Posel Management Company.
“Philadelphia-area retail of this quality is rare, and finding it at this magnitude, 16 properties across the Philadelphia MSA and South Jersey, is virtually unheard of. With investor demand for well-located retail, we expect this offering to draw exceptional interest from across the investment community,” said Scott Woodard, Managing Director Investments in Marcus & Millichap’s Philadelphia office.
“We look forward to working with Marcus & Millichap on the disposition of these assets and bringing this portfolio to market,” said Ross Goldberg, President at Posel Management Company.
The portfolio totals 631,832 square feet on 63.8 acres and includes 10 retail centers and six single-tenant properties. The portfolio is 99.8% occupied by a mix of retailers, restaurants, and service providers. Notable tenants include Home Depot, ALDI, Wawa, and Planet Fitness.
The properties are in Northeast Philadelphia, Langhorne, Pennsylvania, Vorhees, New Jersey, and Westmont, New Jersey.
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com.
Comments