September 11, 2009

ASBESTOS UPDATE: Thomas Properties Accrues $900T for Remediation

COMPANIES: Thomas Properties Group Inc | Thomas Properties Group LLC
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Thomas Properties Group, Inc., as of June 30, 2009, accrued about US$900,000 for estimated future costs of asbestos removal or abatement at its City National Plaza and Brookhollow properties.

With respect to asbestos-containing materials present at City National Plaza and Brookhollow,…

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