Financing Amount: $87,324,405

Property Summary:

On December 19, 2025, the Philadelphia Energy Authority,
Nuveen Green Capital, and Brandywine 3151 Market LP closed
on C-PACE financing for energy efficiency and water conservation
measures installed in an office and laboratory building in the
University City neighborhood of Philadelphia. The C-PACE
assessment is for $87.3MM which represents 90% of total
eligible C-PACE measures.
The 489,548-square-foot, 12-story building completed construction
in 2025. Brandywine is the owner of a ground leasehold interest
on which the building is located.
Energy savings calculations are based on improvements above
IECC 2018, Philadelphia’s energy code baseline in 2025 and
percent of qualified project financed with C-PACE. The facility
features HVAC, lighting and envelope measures substantially
above energy code. Altogether, the building is projected to use
4% less energy than required by energy code (IECC 2018).