Thomas Properties Group (NASDAQ: TPGI) 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. [1]
In 2008 Thomas Properties Group received the California Sustainability Alliance's Sustainability Showcase Award.[1] 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.[2]