Binswanger/CBB Appoints Senior Vice President.

Business Editors

VIENNA, Va.--(BUSINESS WIRE)--March 31, 2003

Binswanger/CBB is pleased to announce the appointment of Thomas J. Sehler as Senior Vice President for brokerage in Vienna, Virginia.

In addition to working with John Young and the National Division brokers, Mr. Sehler will support the Advisory Services practice team of John Dues, Jeff Chenen, William Evans and David Potter also located in the Vienna, VA office. His primary responsibility will be commercial real estate transaction activity for clients in the Washington, D.C., metro marketplace.

A specialist in tenant representation and landlord agency, Mr. Sehler is a seasoned real estate professional whose career has spanned nearly 20 years in the industry. With a solid and diverse background in commercial real estate brokerage, finance, mortgage banking and law, Mr. Sehler is a skilled negotiator. He will leverage his intimate knowledge of the Washington/Baltimore markets and extensive professional relationships to serve signature landlords and tenants throughout the region and across the country.

Prior to joining Binswanger/CBB, Mr. Sehler's multi-faceted and successful career has included positions at several national brokerage and development firms including Trammell Crow Company and Julien J. Studley, Inc., as well as positions at national mortgage firm Freddie Mac and publicly-traded REIT Saul Centers, Inc.

Mr. Sehler earned a B.A. degree in business from the University of Maryland, and he is a licensed real estate broker in Virginia, Washington, D.C. and Maryland. Also a licensed attorney in Virginia, he holds a J.D. degree from The George Mason University School of Law.

Headquartered in Philadelphia, PA, Binswanger/CBB is a member of Chesterton Blumenauer Binswanger, an international, full-service real estate organization with 160 offices worldwide throughout the United States, Canada, Mexico and South America, the United Kingdom and Europe, the Middle East, Asia, South Africa and Australia.

Binswanger, founded in 1931, joined with the U.K. firm Chesterton and Germany's Blumenauer in 1993 to form the powerhouse organization Chesteron Blumenauer Binswanger (CBB). Binswanger/CBB serves clients directly from over 160 offices. Binswanger provides comprehensive and fully integrated services including property acquisition and disposition, brokerage and location consulting, project and facility management services, valuation, financial services and advisory/consulting. Major corporate clients include Motorola, Shell, Comcast, HMR, Bristol Myers and Schering Plough. Binswanger/CBB offers unparalleled experience in satisfying the requirements of the world's most demanding corporate and institutional clients.