Binswanger/CBB Well-Positioned for Semiconductor Rebound With Industry-Specific Service Team.

Business Editors/Hi-Tech Writers

PHILADELPHIA--(BUSINESS WIRE)--Aug. 14, 2002

With the formation of its Industry Advisory Team, Binswanger/CBB has maneuvered into position as the most comprehensive service provider in real estate today, strategically broadening its scope of influence to eight of the economy's most pivotal industries.

Wielding decades of time-tested real estate experience and the industry-specific knowledge of seven interdisciplinary experts that head the company's Industry Advisory Team, Binswanger/CBB stands poised to exact an indomitable force on the semiconductor industry while preparing clients to take full advantage of the market turnaround.

Though the semiconductor industry was one of the first economic casualties, many predict it will also guide the technology sector back to health, and Binswanger/CBB is uniquely prepared to lead the charge.

From Brazil to the United Kingdom and Japan, Binswanger/CBB is the world leader in the disposition and acquisition of semiconductor facilities with a record of service to front-running companies such as Motorola, Intel, Siemens, Atmel Corporation and Hitachi.

Companies emerging from the downturn with excess inventory and a desire to streamline real estate portfolios necessitate a service provider with an intimate understanding of issues specific to semiconductor facility disposition.

Binswanger/CBB has a proven track record of assessing outdated 4" and 6" wafer semiconductor fabrication facilities and generating alternative disposition solutions such as marketing the inherent clean room capabilities of obsolete facilities to biotechnology and pharmaceutical users.

Binswanger/CBB also recently disposed of a 6" wafer semiconductor fabrication facility in Research Triangle Park, NC, for Motorola by selling the equipment separately and then handling the conversion and sale of the remaining real estate.

Equally adept at handling fully operational, state-of-the-art facilities, Binswanger/CBB has disposed of and acquired these premier buildings, capable of 8" and 12" wafer semiconductor fabrication, for companies like Hitachi in Irving, Texas, Siemens in North Tyneside, United Kingdom and acquired from Rockwell Corporation a 12" fabrication facility in Colorado as well as many others.

Binswanger/CBB's worldwide coverage and insider's understanding of key industries has afforded the company an unsurpassed capacity to identify buyers in industries and locations around the globe.

"We are leveraging Binswanger/CBB's global presence, real estate resources and expertise in the acquisition and disposition of semiconductor facilities worldwide to deliver more effective and efficient real estate services to Motorola," says Rick Kriva, Vice President and Director of Real Estate Development for Motorola.

Binswanger/CBB is currently exclusive agent for Motorola semiconductor properties in South Queensferry, Scotland and Sendai, Japan.

Garnered through an established partnership in Japan, Sotsu Binswanger/CBB's longstanding relationship with the Bank of Tokyo-Mitsubishi and its affiliated companies offers yet another competitive advantage to foreign firms seeking to solve their real estate needs in Japan and the Pacific Rim. Binswanger Korea/CBB, created four years ago, further facilitates the company's coverage of the major Asian markets. Also recently adding a presence in Taiwan, Binswanger/CBB is not only in an unprecedented position to service companies engaged in the booming Taiwanese semiconductor sector, but it has definitively penetrated the three largest semiconductor manufacturing centers in the world.

Binswanger/CBB holds a collective finger to the pulse of the semiconductor industry and consistently translates its global influence and specialized knowledge of key industries into successful transactions.

Creative solutions are the company trademark, and sustained ingenuity in devising and implementing real estate strategies has made Binswanger/CBB the world's authority on semiconductor facility brokerage.

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