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The Houston Office Leasing Brokers
Association Congratulates the Winner
and Finalists of the 2006 HOLBA
Landlord Representative of the Year
February 16, 2007
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Thomas Properties Group
Reports Blistering Leasing Space
at Houston Properties
October 2006
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Thomas Properties Group Signs Intec Engineering to Retain Headquarters at Intercontinental Center
April 6, 2006
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Thomas Properties Group Engages Colvill Office Properties to Jointly
Direct Leasing and Marketing for 2.5 Million Square Feet of Houston Office Properties
January 15, 2006
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Top Floor Lease with Employee Benefit Solutions, Inc.
January 25, 2005
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New 112,000 Square Foot Lease with Stanford Financial
January 25, 2005
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First City Tower Signs Lease Renewal
January 4, 2005
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Colvill Office Properties Announces Michael Anderson Has Joined the Firm
October 31, 2004
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142,955 Square Foot Lease Extension
September 8, 2004
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Closing of 235,415 Square Feet of New and Renewal Leases
August 8, 2004
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Signs 5 Leases Totaling 36,054
Square Feet
January 26, 2004
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Colvill Office Properties Takes On
One and Two Eldridge
October 30, 2003
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Colvill Office Properties Takes On
The Galleria Office Buildings for
Walton Street Capital
June 8, 2003
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First City Tower Signs Vinson & Elkins
January 15, 2003
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Colvill Office Properties Created as Real Estate Firm
January 21, 2002
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1999 Holba Office Building Representative of the Year
1999
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Thomas Properties Group Engages Colvill Office Properties
to Jointly Direct Leasing and Marketing for 2.5 Million Square Feet
of Houston Office Properties
Houston, Texas - January 15, 2006
Houston -- Thomas Properties Group, Inc. (Nasdaq: TPGI) has entered into a relationship with Colvill Office Properties to jointly manage leasing and marketing activities for the TPG Houston portfolio of four suburban office properties totaling over 2.5 million square feet.
Colvill Office Properties is an exclusive owner’s representative leasing organization specializing in major commercial office properties, with a primary goal of tenant retention. The company has been cited by Costar as one of Houston’s top leasing firms for the past three years.
“Colvill Office Properties, led by Chip Colvill, has an outstanding reputation for exceptional and responsive service to office building tenants and real estate brokers,” said James A. Thomas, Chairman and CEO of Thomas Properties Group. “Colvill’s high professional standards and responsive approach to tenants mesh perfectly with our company’s values and culture. We look forward to a long and successful relationship.”
Thomas Properties Group through a joint venture with the California State Teachers’ Retirement System acquired the properties last August.
According to Chip Colvill, president of Colvill Office Properties, “We are delighted to be working with Thomas Properties Group in the leasing of these properties which rank among the premier office buildings in Houston. The leasing interest we are experiencing is outstanding and, subsequent to Thomas’ acquisition, we already have issued lease proposals totaling over 600,000 square feet.“
The properties include:
San Felipe Plaza – A 45-story, 959,466-square-foot tower in the San Felipe/Voss submarket.
2500 City West – A 25-story, 574,216-square-foot building located in the Westchase submarket.
Brookhollow Central I-III – A three-building complex totaling 797,971 square feet in the Northwest submarket near the intersection of Loop 610 and US 290.
Intercontinental Center – A nine-story, 194,801-square-foot
building located in the North Belt submarket, just south of Bush
Intercontinental Airport.
“Adding these properties to our portfolio builds on our experience and presence in a market we know and allows us to use our skills in redeveloping and managing to enhance value for our investors,”
noted Thomas.
The management team at Thomas Properties Group has more than 20 years of experience in developing and managing commercial real estate in the Southwest. The firm’s Texas management group is responsible for overseeing leasing activities and for developing and implementing the capital program that will include exterior modifications, facility renovations and system upgrades.
Thomas Properties Group, Inc., based in Los Angeles, is a full-service real estate company that owns, acquires, develops and manages office, retail and multi-family properties throughout the United States. The company has four primary areas of focus: property operations, property acquisitions, property development and redevelopment, and investment management. The company seeks to capitalize on opportunities for above-average risk-adjusted investment returns from real estate ownership, while managing the volatility associated with the real estate industry through joint-venture ownership structures. For more information on Thomas Properties Group, Inc., visit www.tpgre.com.
Colvill Office Properties, L.P. is operated by Houston real estate industry veteran Chip Colvill and specializes in representing owners of major institutional commercial buildings. Over the past 21 years while directing and leasing an 18 million square foot portfolio owned by institutional owners, Colvill has completed more than five million square feet of lease transactions. For more information on Colvill Office Properties, visit www.colvilloffice.com. |
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