Profile: Thomas Properties Group, Inc. (TPGI.O)

Thomas Properties Group, Inc. (Thomas Properties Group), incorporated on March 9, 2004, is a real estate company that owns, acquires, develops and manages office, as well as mixed-use and residential properties. As of December 31, 2008, the Company owned interests in and asset manage 26 operating properties with 13.2 million rentable square feet and provide asset and/or property management services on behalf of third parties for an additional four operating properties with 2.2 million rentable square feet. It also have a development pipeline of approximately 7.5 million square feet of office development and 2,937 residential units.

The Company has properties located in Southern California and Sacramento, California; Philadelphia, Pennsylvania; Northern Virginia; Houston, Texas and Austin, Texas. Thomas Properties Group holds an ownership interest of 25% in TPG/CalSTRS, LLC (TPG/CalSTRS), a joint venture with the California State Teachers’ Retirement System (CalSTRS), which owns 12 office properties. In addition, TPG/CalSTRS is the general partner and holds a 25% interest in a joint venture between TPG/CalSTRS, Lehman Brothers Holdings Inc. (Lehman) and another institutional investor (the Austin Portfolio Joint Venture), which owns 10 office properties in Austin, Texas. It is also the general partner and holds an interest in the Thomas High Performance Green Fund, L.P. (the Green Fund), which will develop, redevelop and invest in commercial buildings.