WALTHAM, Mass. (June 8, 2005) - T3 Advisors, (www.t3advisors.com), a strategic real estate advisory and brokerage firm serving technology and venture capital companies, today announced that Morgenthaler (www.morgenthaler.com) has signed a two-year lease to establish its first Boston office at 545 Boylston Street.
The new lease provides Morgenthaler, a leading national venture capital and management buyout firm, with 3,500 square feet of space for its Boston office, its fifth location since being established in 1968. The company opened its new office in March. Jim Broderick and Daniel Farrar, two of the firm's general partners, are based at the new location.
Roy Hirshland, president, CEO and co-founder, and Mark Cote, managing director and co-founder, of T3 Advisors represented Morgenthaler. Ken Manthorne of Grubb & Ellis represented the sublandlord, Advanstar Communications.
Morgenthaler has worked with more than 225 entrepreneurs to build world-class companies for 37 years. Today, it has $2 billion under management, including $850 million in its current fund (capitalized in the summer of 2001).
"We understood T3 Advisors's reputation in the private equity community, as other firms vouched for T3's expertise in understanding our industry's particular needs for office space," said Ted Laufik, Morgenthaler's chief financial officer. "We were not just looking for new space, but to open an office in a promising part of the country to expand our presence. It was critical to find a work environment that can serve as a foundation for expanding our venture capital and management buyout practices. T3 Advisors aggressively represented our interests and the results backed up their reputation."
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