ASBESTOS UPDATE: Thomas Cites $900T for Remediation at Sept. 30

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

The Company has removed or abated asbestos-containing building materials from certain…

ASBESTOS UPDATE: Thomas Properties Accrues $900T for Remediation

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,…