The momentum is off the charts for 3.0 University Place. Silverstein Properties, a private real estate developer, owner and property manager based in Manhattan, and Cantor Fitzgerald, a leading global financial services firm and real estate investment company based in Manhattan, are partnering with University Place Associates (UPA), a sustainable commercial development firm based in Philadelphia, to develop, operate and lease 3.0 University Place. The 250,000 square foot, eight-story lab, and office building is a pre-certified LEED Platinum® v4 BD+C Core and Shell building, also targeting WELL v2 Platinum® certification with a focus on employee safety and wellbeing, maximizing environmental sustainability, and energy efficiency. ----- “I am very excited to participate in the development of this outstanding project,” said Larry A. Silverstein, Chairman of Silverstein Properties. “With more life science companies locating in Philadelphia, this project will greatly impact the industry’s growth in the city. We look forward to working closely with Scott Mazo and the UPA organization. This partnership offers us an opportunity to impact thousands of lives in a positive way in Philadelphia.” ----- “Philadelphia has become a hot spot for life sciences,” said Howard Lutnick, Chairman and CEO, Cantor Fitzgerald. “3.0 University Place will serve a critical need for a state-of-the-art green space that provides collaborative lab space for scientists, academics and industry partners. This development marks another Qualified Opportunity Zone project with our joint venture partner, Silverstein Properties, and is intended to promote a healthier work environment with low operating costs.” ----- “Our team is honored by the trust and confidence expressed in us by such accomplished organizations as Silverstein Properties and Cantor Fitzgerald,” said Scott Mazo, Founder and CEO of UPA. “I look forward to working with Larry Silverstein, Howard Lutnick and their entire teams in creating the finest facilities designed and built for innovation and discovery in science. With ‘The Wistar Institute’ as one of our lead tenants, 3.0 University Place will be a critical hub for collaborations that support the biomedical research that is solving the most challenging problems in cancer, infectious diseases and vaccine research.”