October 31, 2024 – PHILADELPHIA, PA
University Place Associates (UPA), the market leader in delivering socially conscious and environmentally responsible commercial real estate (CRE) projects in the northeast USA, has selected Philadelphia-based Kognition AI to provide cyber-physical security monitoring services at their newest 3.0 University Place location. This partnership with Kognition AI empowers UPA to transform 3.0 University Place into a smart building with integrated, proactive, real-time threat detection and reporting, significantly reducing security incidents and safeguarding valuable assets. At the same time, it ensures the privacy of tenants, staff, and visitors is protected.
As the threat landscape continues to rapidly evolve, commercial real estate organizations must seek out configurable security solutions enabling them to solve today’s challenges while preparing for future threats. Kognition AI meets this requirement perfectly, aligning seamlessly with UPA’s commitment to sustainable technology. As the first, and one of the only, LEED Platinum certified commercial office buildings in the country, selecting Kognition AI enables UPA’s innovative team to continue to push the envelope on the future of cyber-physical security in “green technology”-focused commercial real estate organizations.
“We are proud to partner with UPA to deliver sustainable AI security that is far more energy efficient and effective than traditional approaches”, said Matias Klein, Founder and CEO of Kognition. “By integrating Kognition AI’s security solutions into 3.0 University Place, we believe UPA has demonstrated its ongoing commitment to innovative “green-tech” while protecting the most important assets of 3.0 University Place…tenants, staff and visitors. In addition, through our partnership with Qualcomm, we are able to deliver our AI-powered solutions at the most energy efficient, market-leading performance per watt and performance density available today, which is absolutely critical for scaling up AI solutions in CRE while still achieving energy efficiency goals”.
“At University Place Associates, we’re committed to setting new standards in sustainable development, and our partnership with Kognition AI aligns perfectly with this vision”, commented Anthony Maher, Partner and President at UPA. “By integrating Kognition’s state-of-the-art AI security, 3.0 University Place not only remains at the forefront of environmental responsibility but also offers a security solution that evolves with today’s challenges. “Kognition AI empowers us to redefine security standards in green commercial real estate. With their advanced cyber-physical threat detection and energy-efficient performance, we’re able to provide peace of mind to our tenants while supporting Philadelphia’s vision for a smarter, safer future.”
Malcolm Willams, Vice President / Development / Construction Manager of Silverstein Partners noted, “We chose Kognition AI because they offer a security system that is as forward-thinking as the rest of 3.0 University Place. This partnership enhances our commitment to creating safe, sustainable, and efficient workspaces for our tenants and partners.”
To learn more about Kognition AI, please visit www.kognition.ai and to learn more about UPA and 3.0 University Place please visit www.universityplacephl.com.
About Kognition AI
Kognition AI is the leading provider of cyber-physical threat detection systems. Its multi-patented, enterprise security software integrates with existing cameras, access control systems, and IoT sensors turning them into real-time alerting and analytics platforms, delivering smart solutions for safer spaces. Kognition’s user-friendly interface transforms surveillance video and IoT data into actionable intelligence to prevent hacking, theft, active shooters, and other threats all while protecting privacy and data security. A rapidly growing list of Fortune 500 customers rely on Kognition’s products & services every day to enhance and automate security and safety in their buildings, schools, healthcare facilities and more.
For more information, please visit https://www.kognition.ai
About 3.0 University Place
3.0 University Place is a 250,000+ sq ft Life Sciences enabled commercial lab/office trophy building. It is a flagship for social and environmental responsibility, purpose-built for those that demand both from their workplace. Currently, 3.0 is three months into construction and is on track for completion by Q4 2022. This location will serve as an expansion of an innovation corridor that is designated as a Keystone Opportunity Zone (KOZ) and a Qualified Opportunity Zone (QOZ). Future tenants in the corridor will benefit from these tax incentives, as well as its close proximity to the 40th & Market transit hub, the University of Pennsylvania, and Drexel University. For more information, please visit https://www.30universityplace.com/.
About University Place Associates
University Place Associates [UPA] is a leading sustainable and socially conscious commercial real estate development firm. Based and focused in the University City area of Philadelphia, UPA is dedicated to creating ‘best in class’ and state-of-the-art healthy commercial developments at the highest standard of sustainability. UPA has always been a community-based developer that engages with the surrounding residential and commercial communities, startup businesses, schools, and universities. For more information, please visit https://www.upaphila.com/ and follow @UPAphila on Twitter and UniversityPlaceAssociates on Facebook.
About Silverstein Properties
Silverstein Properties is a privately held, full-service real estate development, investment and management firm based in New York. Founded in 1957 by Chairman Larry Silverstein, the company has developed, owned and managed more than 40 million square feet of commercial, residential, retail and hotel space. Recent projects include 7 World Trade Center, the first LEED-certified office tower in New York City (2006), 4 World Trade Center (2013), Four Seasons Walt Disney Resort (2014), the Four Seasons Downtown and 30 Park Place (2016), One West End (2017), and 3 World Trade Center (2018). For further information on Silverstein Properties, please visit: https://www.silversteinproperties.com/ or https://wtc.com/.
About Cantor Fitzgerald Cantor Fitzgerald
With over 12,000 employees, is a leading global financial services group at the forefront of financial and technological innovation and has been a proven and resilient leader for over 75 years. Cantor Fitzgerald & Co. is a preeminent investment bank serving more than 5,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, SPAC underwriting and PIPE placements, prime brokerage, and commercial real estate and for its global distribution platform. Cantor Fitzgerald & Co. is one of the 24 primary dealers authorized to transact business with the Federal Reserve Bank of New York. Cantor Fitzgerald is a leading SPAC sponsor, having completed multiple initial public offerings and announced multiple business combinations through its CF Acquisition platform. For more information, please visit https://www.cantor.com.
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Media contact: Aaron Fulner
Contact: [email protected]
