McDaniel & Co.
NEWS RELEASE
Schulenburg, Texas 78956
_________________________
800/628-6028
______________________
For: COLVILL OFFICE PROPERTIES
HOUSTON, TEXAS
For Release: WEDNESDAY,
MAR. 24, 2010
P.O. Box 49
Contact: SARA MCDANIEL, 713/523-4441 or 800/628-6028
THOMAS PROPERTIES GROUP ANNOUNCES
LORANCE & THOMPSON LEASE OF 21,263 SQUARE FEET IN
BROOKHOLLOW CENTRAL II
HOUSTON...Thomas Properties Group, Inc. (NASDAQ:TPGI) has announced that
Lorance & Thompson, a Houston-based law firm, has renewed its headquarters lease of
21,263 square feet in Brookhollow Central II, 2900 North Loop West.
The Colvill Office Properties leasing team of Chip Colvill, Michael Anderson and
Win Haggard Jr. represented the landlord, TPG/CalSTRS, a joint venture of Thomas
Properties Group and the California State Teachers’ Retirement System. Dan F. Boyles
Jr. and Josh Cheatham of NAI Houston represented Lorance & Thompson in lease
negotiations.
Brookhollow Central II is a 304,576-square-foot, 14-story building in the
Brookhollow Central office campus. Brookhollow Central II and Brookhollow Central
III are currently 91 percent leased. Brookhollow Central I is unoccupied. Brookhollow
Central is a three-building, 800,000-square-foot office campus located on a 10-acre site at
Highway 290 and the Loop 610 in Northwest Houston. The office complex is 10 minutes
from Downtown Houston and the Galleria area.
Brookhollow Central offers efficient floor plates, from 18,000 to 24,000 square feet.
On-site amenities include auditoriums and conferencing facilities, fitness center,
delicatessen, and postal and courier services. Adjacent to the campus is the Sheraton
Houston Brookhollow hotel with state-of-the-art conference facilities and
accommodations.
About Thomas Properties Group, Inc.:
Thomas Properties Group, based in Los Angeles, is a full-service real estate
company that owns, acquires, develops and manages primarily office, as well as mixeduse and residential properties on a nationwide basis. The company's primary areas of
focus are the acquisition and ownership of premier properties, both on a consolidated
basis and through its strategic joint ventures, property development and redevelopment
and property management and leasing activities. For more information on Thomas
Properties Group, please visit www.tpgre.com.
Forward-Looking Statements:
Statements made in this press release that are not historical may contain forwardlooking statements. Although Thomas Properties Group believes the expectations
reflected in any forward-looking statements are based on reasonable assumptions, these
statements are subject to numerous risks and uncertainties. Factors that could cause
actual results to differ materially from the company's expectations include actual and
perceived trends in various national and economic conditions that affect global and
regional markets for commercial real estate services, including interest rates, the
availability of credit to finance commercial real estate transactions, and the impact of tax
laws affecting real estate. For a discussion of some of the factors that may cause our
results to differ from management’s expectations, see the information under the captions
“Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and
Results of Operations – Factors That May Influence Future Results of Operations” in our
Form 10-K for the year ended December 31, 2008, and contained in our reports on Form
10-Q for fiscal quarters during 2009, which have been filed with the SEC. Thomas
Properties Group, Inc., disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future events or
otherwise.
Media Contact:
Sara McDaniel, 713/523-4441 or 800/628-6028
McDaniel & Co. for Thomas Properties Group