Thomas Properties Group, Inc. (NASDAQ:TPGI) announced today that it has expanded the size of its Board of Directors by adding one new director position and has appointed Bradley H. Carroll as a new independent director, effective as of August 2, 2012.
Since November 2010 Mr. Carroll has been a Managing Director for Madison International Realty, LLC, a real estate private equity firm. From January 2002 through July 2010 he was employed by Tishman Speyer Properties, L.P., where he managed regional acquisition and disposition functions throughout the United States, and oversaw portfolio and asset management for three emerging market real estate funds. Prior to joining Tishman Speyer, Mr. Carroll was an associate with Bear, Stearns, & Co. and a senior analyst with a boutique real estate advisor. He earned a Bachelor of Science degree in finance from the University of Richmond.
“We believe that Brad’s real estate investment and operating experience give him a broad understanding of the issues and opportunities facing our company,” stated Jim Thomas, Chairman and Chief Executive Officer. “He brings valuable knowledge to our Board in the areas of acquisitions, management and finance.”
About Thomas Properties Group
Thomas Properties Group, Inc., 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 about Thomas Properties Group, Inc., please visit
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