Binswanger/CBB Gains Advantage in Houston and Atlanta Metro Office Markets with Two New Partnerships.

Business Editors

PHILADELPHIA--(BUSINESS WIRE)--Jan. 28, 2003

Binswanger/CBB is pleased to announce the formation of two strategic alliances.

In Houston, Binswanger/CBB has teamed with Conine & Robinson and, in Atlanta, with The Dryman Team. These partnerships will augment and enhance Binswanger/CBB's existing office market coverage in the two cities.

Over the past few years, Binswanger/CBB has established a precedent for penetrating major metropolitan markets across the country, opening new offices in Seattle, Los Angeles, northern Virginia, Minneapolis and northern New Jersey.

The two most recent expansions, strengthening coverage in Houston and Atlanta, have come as the result of the company's sustained, full-scale effort to identify the nation's most pivotal metro markets and then maximize its office capabilities in the targeted cities.

Binswanger/CBB offers comprehensive, fully integrated real estate services including advisory/consulting, location consulting, property acquisition and disposition, management services including facility and project management, financial services and valuation.

The organization offers unparalleled experience in satisfying the requirements of the world's most demanding corporate and institutional clients. A representative sample of clients includes Motorola, Duke Energy, ExxonMobil, Comcast Corporation, Shell, Teleflex and many others.

Operating under a team-based, quality assurance philosophy, The Dryman Team's success is built on a foundation of sound market research and solid business relationships. Conine & Robinson has an impeccable reputation for personalized service and client satisfaction backed by an impressive transaction record.

John L. Young, President of U.S. operations for Binswanger/CBB, was instrumental in bringing about each partnership and said, "Dryman and Conine & Robinson are two highly respected firms that provide top-quality tenant representation, and these skills pooled with our resources will significantly grow Binswanger/CBB's metro business."

Conine & Robinson has been a highly influential force in Houston's real estate market since it began in 1985. The firm has an impressive history of devising and then delivering optimal, tailor-made real estate solutions. The firm's two main principals, R. Dennis Conine and Stewart O. Robinson, are each bringing over 25 years of extensive real estate experience to Binswanger Conine & Robinson/CBB.

The careers of these two long-time professionals have yielded over $800 million in transactions and a long-term client base.

Joining Binswanger/CBB from The Dryman Team are three seasoned real estate professionals including John S. Dryman, President of The Dryman Team. Mr. Dryman is an Atlanta native with over 25 years of experience in the commercial real estate business, and his career features the direct management of over 3 million square feet of office space.

The new Binswanger/CBB partnership will build on Dryman's long-established regional relationships and commanding knowledge of the local market.

Headquartered in Philadelphia, PA, Binswanger is a founder of Chesterton Blumenauer Binswanger, an international, full-service real estate organization with over 160 offices worldwide throughout the U.S., Canada, Mexico and South America, the U.K. and Europe, the Middle East, Asia, South Africa and Australia.