September 9, 2011

ASBESTOS UPDATE: Thomas Accrues $1.4MM June 30 Cleanup Liability

COMPANIES: Thomas Properties Group Inc
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Thomas Properties Group, Inc., as of June 30, 2011, had accrued about $1.4 million for estimated future costs of asbestos removal or abatement at its City National Plaza and Brookhollow Central properties.

Some of the Company’s properties may contain asbestos-containing materials.…

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TOPICS: Asbestos | Commercial Services | General News | Legal Issues, Litigation | Office Equipment/Office Products | Real Estate/REITs
LOCATIONS: California | United States