WALTHAM, Mass. (April 30, 2004)-T3 Advisors, (www.t3advisors.com), a strategic real estate advisory and brokerage firm serving technology, life sciences and venture capital companies, is pleased to announce that PanGo Networks (www.pangonetworks.com), a software development and applications company, has relocated its worldwide headquarters from Pittsburgh to the Boston area. PanGo sublet 6,850 square feet of office space at 959 Concord Street, Framingham, Mass.
Mark Cote, Managing Director of T3 Advisors, represented PanGo Networks. Paradigm Properties, the Property Manager of 959 Concord Street, was instrumental in finalizing the transaction.
PanGo's mission is to provide software that makes wireless networks and applications location-aware. This new layer of added intelligence is driving increased value of wireless infrastructure.
"We are excited about the company's relocation to the Boston area and our new headquarters," said Michael Campbell, PanGo's President & CEO. "T3 was instrumental in our search. They worked diligently to secure a cost effective space with the required infrastructure. The space is the perfect fit for us and requires minimal investment; it supports our operational needs, which was my goal from the outset"
About PanGo Networks:
PanGo Networks develops the industry's leading software platform and applications for intelligent, location-based systems for enterprise wireless LANs. PanGo enables the design, deployment and management of location-aware applications and networks with the Proximity Platform™ and Mobile Applications Suite. The Proximity Platform™ and Mobile Applications Suite make up the industry's first intelligent location-based system developed to enable smarter enterprise wireless LANs and apply relevant context to location information. PanGo enables partners and customers to focus on mobile applications that provide measurable and significant return on investment.
For more information, visit www.pangonetworks.com.
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