Thomas Properties Group Announces New Lease With Logix Communications At Brookhollow Central III

HOUSTON -- January 11, 2010 -- Thomas Properties Group, Inc. (Nasdaq: TPGI) has announced a new lease transaction with LOGIX Communications at Brookhollow Central III. LOGIX Communications, an integrated voice and data communications company serving over 12,000 small and mid-sized business customers in Texas and Oklahoma, has leased 36,710 square feet in Brookhollow Central III and is moving its headquarters offices within the building.
Currently 95 percent leased, Brookhollow Central III is a 300,616-square-foot, 12-story building in the Brookhollow Central office campus. 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. "More than 90,000 square feet of new and renewal leases have been completed at Brookhollow Central in 2009 and several additional leases are pending," says Chip Colvill, who directs leasing for the property. "The extensive renovations, both exterior and interior, have been a major factor in the high volume of leases this year."
Commenting on the lease, Randy Scott, Executive Vice President of Thomas Properties Group, said, “This transaction is an important example of the success this building enjoys in its market, in spite of the challenging economic situation. We are extremely pleased with the performance of Brookhollow Central.”
Brookhollow Central offers efficient floor plates, from 18,000 to 23,000 square feet. On-site amenities include auditoriums and conferencing facilities, fitness center, delicatessen, postal and courier services, and dry cleaning services. Adjacent to the campus is the Sheraton Houston Brookhollow hotel with state-of-the-art conference facilities and accommodations.
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. Brad Marnitz of NAI Houston represented LOGIX Communications in lease negotiations.

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 mixed-use 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 forward-looking 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
McDaniel & Co. for Thomas Properties Group
713.523.4441 or 800.628.6028