Cambridge Innovation Center has signed onto 127,000 square feet at UCity Square in Philadelphia.

Known as CIC, the Boston-based company will occupy space at 3675 Market St. in University City. It operates in a similar fashion as a co-working space and incubator, providing flexible space to entrepreneurial startups and other companies. Since its founding in 1999, companies that have been housed in CIC space have raised more than $2.5 billion and added an estimated 40,000 jobs to the economy, according to the company's website.

Bart Mellits and Stephanie Zirpoli represented Wexford Science & Technology in the acquisition and development of the site and Eben Hansel represented the company in the lease with Cambridge Innovation Center.