Thomas Properties Group
Encyclopedia
Thomas Properties Group is an American
real estate
company based out of Los Angeles, California
. Incorporated on March 9, 2004, they own properties in California
, Pennsylvania
, Virginia
, and Texas
.
On July 1, 2007, Lehman Brothers
and the California State Teachers Retirement System partnered with Thomas Properties to buy several properties in Austin, Texas
that the Blackstone Group
had acquired from Equity Office Properties Trust
. http://finance.google.com/finance?q=TPGI
Sustainability Showcase Award. Thomas Properties Group was recognized for their leadership in greening real estate and in integrating sustainable design
and operations into all aspects of its products, services and investments.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
company based out of Los Angeles, California
Los Angeles, California
Los Angeles , with a population at the 2010 United States Census of 3,792,621, is the most populous city in California, USA and the second most populous in the United States, after New York City. It has an area of , and is located in Southern California...
. Incorporated on March 9, 2004, they own properties in California
California
California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...
, Pennsylvania
Pennsylvania
The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...
, Virginia
Virginia
The Commonwealth of Virginia , is a U.S. state on the Atlantic Coast of the Southern United States. Virginia is nicknamed the "Old Dominion" and sometimes the "Mother of Presidents" after the eight U.S. presidents born there...
, and Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
.
On July 1, 2007, Lehman Brothers
Lehman Brothers
Lehman Brothers Holdings Inc. was a global financial services firm. Before declaring bankruptcy in 2008, Lehman was the fourth largest investment bank in the USA , doing business in investment banking, equity and fixed-income sales and trading Lehman Brothers Holdings Inc. (former NYSE ticker...
and the California State Teachers Retirement System partnered with Thomas Properties to buy several properties in Austin, Texas
Austin, Texas
Austin is the capital city of the U.S. state of :Texas and the seat of Travis County. Located in Central Texas on the eastern edge of the American Southwest, it is the fourth-largest city in Texas and the 14th most populous city in the United States. It was the third-fastest-growing large city in...
that the Blackstone Group
Blackstone Group
The Blackstone Group L.P. is an American-based alternative asset management and financial services company that specializes in private equity, real estate, and credit and marketable alternative investment strategies, as well as financial advisory services, such as mergers and acquisitions ,...
had acquired from Equity Office Properties Trust
Equity Office Properties Trust
Equity Office Properties Trust, formed in 1976 by Samuel Zell and headquartered in Chicago, Illinois, was the largest owner of office buildings in the United States until the Blackstone Group acquired them in February 2007 for $23 billion plus the assumption of $16 billion in debt...
. http://finance.google.com/finance?q=TPGI
Awards
In 2008 Thomas Properties Group received the California Sustainability Alliance'sCalifornia Sustainability Alliance
The California Sustainability Alliance is an organization funded by the California IOUs to bring together key stakeholders needed to overcome the obstacles of sustainability. The Alliance was designed in 2008 to help meet the State’s aggressive climate, energy and other resource and environmental...
Sustainability Showcase Award. Thomas Properties Group was recognized for their leadership in greening real estate and in integrating sustainable design
Sustainable design
Sustainable design is the philosophy of designing physical objects, the built environment, and services to comply with the principles of economic, social, and ecological sustainability.-Intentions:The intention of sustainable design is to "eliminate negative environmental...
and operations into all aspects of its products, services and investments.