Grand Banks Capital renews their lease in Newton

NEWTON, MA (June 16, 2003)—T3 Advisors, LLC (www.t3advisors.com), a strategic real estate advisory and brokerage firm serving technology, life science and venture capital companies, today announced that it represented GrandBanks Capital (www.grandbankscapital.com) in a 5,000 square feet lease renewal at 10 Langley Place, Newton Center.

Roy Hirshland, President of T3 Advisors advised GrandBanks Capital on the renewal

GrandBanks turned to T3 to advise on the renewal terms. "We hired T3 because of their leadership in the market of advising technology companies and venture firms. We worked closely with T3 in analyzing the market and ultimately structuring a lease renewal." said Mike Baker, Chief Administrative Officer at GrandBanks Capital. "We are thrilled with the results. T3 has also been a valuable resource helping our portfolio companies with real estate issues" continued Baker.

About T3 Advisors: Headquartered in Waltham, Mass., T3 Advisors offers technology companies a superior portfolio of real estate brokerage and strategic advisory services. T3 Advisors focuses solely on representing technology and life science companies, and has been hailed as the industry leader in this fast-changing and technology-driven segment of the market. For more information about T3 Advisors, please call us at (781) 890-5400, or visit our website at: www.t3advisors.com.

About GrandBanks Capital: GrandBanks Capital makes venture investments in early stage companies located primarily in the eastern part of the United States and operating principally in the areas of Internet infrastructure, software and software services, security and storage applications, media technologies and services, financial technologies and services, and wireless technologies.

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