Lehman Brothers Interested in Selling its Stake in 8 Austin Office Buildings

Lehman Brothers Holdings Inc, who in a partnership with Thomas Properties Group and a sovereign-wealth fund in Abu Dhabi, owns eight Austin office buildings is interested in selling its share of the deal.  Lehman owns the majority (50%) of the portfolio however wants out of the market and is looking to Thomas Properties Group (currently with 25% stake) to buy them out.

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