Wednesday, April 27, 2016

2.0 University Place Sold for $41.3M

University Place Associates sold the 2.0 University Place office building at 30 N. 41st St. in Philadelphia, PA to commercial insurance and risk management provider Zurich North America for $41.25 million, or about $426 per square foot.

The five-story, 96,916-square-foot office building delivered in 2013 on two-thirds of an acre in the Market Street Corridor, near three major highways. The multi-tenant property was 100 percent leased at the time of sale.

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