Thomas Properties Group Seeks to Compel Funding of Credit Facility by Lehman Brothers Holdings, Inc.

Thomas Properties Group, Inc. announced today that its affiliate, TPG-Austin Portfolio Holdings LLC (TPG-Austin), for which TPGI serves as the manager, has filed a motion with the U.S. Bankruptcy Court for the Southern District of New York (the Court) in the bankruptcy case of Lehman Brothers Holdings, Inc., et al. (Lehman Brothers). “Through this motion, we are seeking to compel Lehman Brothers to accept and honor its obligation to fund the $100... 

Thomas Properties Group Announces New Lease with DLA Piper at Frost Bank Tower

Thomas Properties Group, Inc. has announced a major lease transaction with the Austin office of DLA Piper, which will move into 37,315 square feet at Frost Bank Tower by April 2009. “We’re attracted to the vibrancy of downtown Austin, with its growing number of great restaurants and retail outlets, and its access to Lady Bird Lake and residential properties,” said Jim Montgomery, Austin managing partner at DLA Piper. “Our firm is looking forward...