Veteran real estate brokers Josh Feldman and Ian Ruel have left the D.C. office of Marcus & Millichap to open Feldman Ruel Urban Property Advisors in Bethesda, Md., according to Feldman.

The new firm, located in a 4,000-square-foot office at 4800 Montgomery Lane, will specialize in investment sale properties in the greater Washington, D.C. area. Doors opened for business in late February.