$77.5 Million Non-Performing Office Loan
US - Washington, DC
CHF 70,792,000 | 28,508 m²
Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained on an exclusive basis by University Place Associates (the “Owner” or “UPA”) to offer qualified investors the opportunity to purchase a fee simple interest in 4055 Market Street (the “Property” or “Site” or “Project”). The 1.3-acre site is located in University City, the epicenter of Philadelphia’s life sciences market and a global hub for gene and cell therapy. The Site can accommodate up to an 814,027 RSF structure and is located within a Federal Opportunity Zone. 4.0 University Place is adjacent to 3.0 University Place, a 250,000 SF, LEED Platinum life sciences facility currently under construction and set to deliver in the first quarter of 2023.
Prime University City Location
Top Life Science Market
Record Venture Capital and NIH Funding