Friday, September 30, 2011

U.S. Citizenship and Immigration Services Leases 53,435 SF

"University Place Associates, LLC completed a lease with the U.S. General Services Administration for 53,435 square feet of space to house the U.S. Citizenship and Immigration Services at 2.0 University Place. The 15-year lease is valued at $26 million.

This is a five-story, 96,916-square-foot building located at 30 N. 41st St. within one of the city's Keystone Opportunity Zones. The property achieved LEED® Platinum pre-certification status in 2009.

"By leasing space within 2.0 University Place, the GSA was able to exceed the current administration's LEED Gold standard for leasing new construction."

Citizenship and Immigration Services, which is currently located at 1600 Callowhill, is expected to take occupancy of the first three floors of the building in December 2012.

"In addition to providing tenants a sustainable work environment, 2.0 University Place will have a significant impact on the neighborhood. GSA's lease allows us to move forward with our commitment to revitalizing the Market Street corridor," said Scott Mazo, partner, University Place Associates.

Green elements include storm water management through an extensive modular green roof system composed of soil media and drought-tolerant vegetation; wind and solar-generated energy in common areas; efficient heating and cooling systems that reduce both internal air pollution and tenants energy costs by 50 percent as compared to that of a same size non-green building; a roof-top garden that improves air quality, conserves energy and reduces storm-water runoff; strategically placed shading devices to reduce solar gain during the summer months while allowing heat gain during the winter and secure bicycle parking.

The building is located within one block from the El at 40th and Market streets, which connects commuters to the 30th Street Station in less than five minutes.

A 15,000-square-foot lease with a private company is currently being negotiated at 2.0 University Place with approximately 25,000 square feet remaining available for lease."

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