CAD DWG to ESRI GIS Shapefile Conversion - repost

We have a client that is in need of converting some georeferenced CAD DWG Drawings into ESRI GIS Shapefiles. The conversion includes the ability to convert and keep the geospatial reference locations as well as create shapes from lines (as lot lines with one or more shared adjacent line work and parcel lines) to become polygons (so they are in the same location) for the identification of lots as a polygon. Some data will require field naming and population for the ESRI GIS Shapefiles based on type from the CAD DWG Drawings. The Annotation in the CAD Drawings will be converted to points and take on the attributes of the annotation and place it in the attributes of the GIS field of the Shapefile. Additional information that is requested, please PM us. Thanks, SGG.