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Nexaweb to take up residence at one Charles Park

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WALTHAM, Mass. (November 29, 2004) — T3 Advisors, (www.t3advisors.com), a strategic real estate advisory and brokerage firm serving technology and venture capital companies, today announced that their client Nexaweb Technologies, Inc. (www.nexaweb.com) has signed a lease with One Charles Park LLC for a 10,000-square foot space in its Cambridge building.

Roy Hirshland, president and CEO of T3 Advisors, represented Nexaweb, and Peter Bekarian of Spaulding & Slye represented One Charles Park LLC.

“One Charles Park was an ideal location for Nexaweb, which was previously housed directly across the street,” said Lisa P. McAlister, CFO of Nexaweb.

Nexaweb provides the leading software platform for building and deploying enterprise Internet applications. Nexaweb’s mission is to address the fundamental flaws associated with deploying enterprise applications over today’s Web infrastructure. Using Nexaweb products, organizations can quickly develop and easily deploy thin-client, high-performance, enterprise Internet applications. The Nexaweb platform brings Web applications the functionality and performance of locally installed software, over any network connection, from any device. It does all this while significantly lowering development, deployment and maintenance costs.

“Our goal is to help clients significantly lower their development, deployment and maintenance costs for building and deploying enterprise Internet applications, and we need to be close to our customer base to understand their needs,” said Larry Geisel, CEO of Nexaweb. “We’ve been in the Cambridge area for the past four years, and with the help of T3 Advisors, we can remain plugged into the community and area we’ve grown accustomed to.”

 

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