Newmark Grubb Knight Frank has opened an office in the
University City neighborhood of Philadelphia.
It took space at 2.0 University Place, a five-story, 97,000-square-foot
building at 30 N. 41 St. NGKF brokers Jack Soloff, Matt Guerrieri and Craig
Scheuerle handled the leasing of that building as well as 3.0 University Place.
University Place Associates, which constructed 2.0
University Place, is also looking to move forward with 3.0 University Place.
That is a six-story, 180,000-square-foot building at 41st and Market streets
that will break ground once it has pre-leased about half of the space. The
building sits in a Keystone Opportunity Zone, which gives tenants breaks on
state and local taxes.
No other commercial real estate brokerage maintains an
office in University City.
Cushman & Wakefield, which oversees leasing space at the
Science Center in University City, has a leasing “suite” at the Science Center.
However, the firm believes it can serve its clients from its regional hub at
One Liberty Place.
NGKF has a Center City office at 1735 Market St.
Source: Philadelphia
Business Journal
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