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PHILADELPHIA — Marcus & Millichap has arranged the sale of a Wachovia branch, located at 2227 S. Broad St. in Philadelphia, for $4.4 million. Wachovia had recently signed a 20-year ground lease for the property. Matthew Gorrman and Thomas Gorman of Marcus & Millichap’s Philadelphia office represented the seller, a joint venture between local developers Pineville Properties and Pintzuk Brown Realty Group. The seller was represented by Stephen Weiss of Baltimore-based Colliers Pinkard. The property traded at a 6.16 percent capitalization rate.