Binswanger/CBB: Aramark Commits to Philadelphia.Business Editors PHILADELPHIA--(BUSINESS WIRE)--Jan. 19, 2004 Binswanger/CBB announced today that Aramark Corporation, the global provider of customized managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality , has signed a multi-million dollar lease for more than 300,000 square feet for 15 years at the Aramark Tower Aramark Tower, formerly known as One Reading Center, is a high-rise building located in the Center City region of Philadelphia, Pennsylvania. The building stands at 412 feet (126 meters) with 32 floors, and is currently the 23rd-tallest building in Philadelphia. in Center City Philadelphia. "Aramark, led by its Executive Chairman Joseph Neubauer, has taken the lead in deciding to remain in Philadelphia, which, in our view, makes this one of the most significant major lease transactions in the city. Aramark is one of the most admired ad·mire v. ad·mired, ad·mir·ing, ad·mires v.tr. 1. To regard with pleasure, wonder, and approval. 2. To have a high opinion of; esteem or respect. 3. corporations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and this represents a huge commitment to both the city and the state--particularly in light of the extremely strong outside competition to win this keynote transaction," said Clive G. Mendelow, Vice-Chairman of Binswanger/CBB, who represented Aramark along with John K. Binswanger, Chairman. Aramark is one of the region's largest and most successful employers and over the last 40 years they have built strong relationships with thousands of clients in 18 countries around the world, providing leadership positions in food and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services , and uniform and apparel services. Headquartered in Philadelphia, PA, Binswanger/CBB is a member of Chesterton Blumenauer Binswanger, an international full-service real estate organization with over 160 offices worldwide throughout the U.S.A., Canada, Mexico and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , the U.K. and Europe, the Middle East, Asia, and Australia. Kennedy-Wilson represented the Girard Trust. |
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