US Citizenship and Immigration Services Signs 15-Year, $26M Lease in Philadelphia

The U.S. General Services Administration has signed a lease for 53,435 square feet at 2.0 University Place on behalf of the U.S. Citizenship and Immigration Services. The 15-year lease is valued at $26 million.

Todd Valentine, managing director of Studley, Inc., represented GSA in this transaction.

Jack Soloff, Jr., senior vice president, Craig Scheuerle, senior vice president, and Matthew Guerrieri, associate vice president, all of Grubb & Ellis Co.’s (NYSE: GBE) Office Group, are the leasing representatives for the 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.

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.

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.

The building’s green elements include storm water management through a 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.

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