Philadelphia—Newmark Grubb Knight Frank (NGKF) affirms its commitment to better serve clients in the Science Center area with the establishment of an office in University City, its second location in Philadelphia’s central business district and fifth regional location. The new office is at 2.0 University Place, a five-story, 97,000-square-foot, LEED Platinum office building at 30 N. 41st Street.
“We have made a significant commitment to the University City market,” said Bob Clements, NGKF executive vice president and regional managing director. “The new office will offer the full range of NGKF’s services, provided by local experts with extensive experience. We are excited to further our own goals for embracing environmentally responsible practices in this exemplary sustainable property.”
“University Place Associates is unique in that it develops exclusively to LEED Platinum standards,” said NGKF Executive Managing Director Craig Scheuerle. Together with Senior Managing Director Jack Soloff and Director Matt Guerrieri, Mr. Scheuerle oversees leasing at 2.0 University Place on behalf of the developer, University Place Associates LLC, led by Managing Partner Scott Mazo.
The fifth floor, approximately 22,000 square feet, remains available for lease at 2.0 University Place, which is dual-certified for meeting LEED Platinum standards having earned both LEED Core and Shell, New Construction (CS, NC) and Commercial Interior (CI) designations. 2.0 University Place will be the first multi-tenanted, double platinum commercial office building in United States.
In late August, Mr. Mazo announced plans to move forward with 3.0 University Place—a six-story, 180,000-square-foot property at 41st and Market streets—also marketed exclusively by the NGKF team. The team is seeking an anchor tenant or tenants for 3.0 University Place, which also has KOZ (Keystone Opportunity Zone) designation for 10 years from occupancy.
“We’re responding to what Corporate America and government institutions are looking for,” Mr. Soloff said. “Many tenants seek LEED-certified buildings for workplace efficiency along with a healthy and socially responsible environment.”
NGKF's Downtown Philadelphia office is at 1735 Market Street.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world's leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, NGKF employs more than 12,000 professionals, operating from more than 320 offices in established and emerging property markets on five continents.
With roots dating back to 1929, NGKF's strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, NGKF serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.