reports
TIER REIT Announces Sale of Third + Shoal
DALLAS--(BUSINESS WIRE)-- (NYSE: TIER), with global real estate investment manager Invesco Real Estate and Austin-based Cielo Property Group, announced today it has completed the sale of Third + Shoal, a newly-developed, 100% leased, Class AA office tower in Austin’s CBD. This press release features multimedia. View the full release here: “We believe the sale represents a new precedent of demand for top quality office properties in Austin,” stated Scott Fordham, Chief Executive Officer of TIER REIT. “We are proud of the mark we...
TIER REIT Re-Enters Atlanta Market with Acquisition of 3354 Peachtree ...
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE: TIER) announced today that it has re-entered the Atlanta market with its acquisition of 3354 Peachtree Road, a prime, three-acre land site in the prestigious Buckhead submarket. The acquisition was made through a joint venture with an entity owned by Regent Partners and Batson-Cook Development Company. The site is currently planned for the development of approximately 560,000 square feet of office space, and is located in a strategic TIER1 submarket, given its urban location al...
TIER REIT to Present at the Citi 2019 Global Property CEO Conference
DALLAS--(BUSINESS WIRE)-- (NYSE:TIER) announced today that Scott Fordham, Chief Executive Officer, and Dallas Lucas, President and Chief Operating Officer, will participate in a roundtable presentation at the Citi 2019 Global Property CEO Conference in Hollywood, Florida. The presentation is scheduled for Wednesday, March 6, 2019, at 7:30 a.m. Eastern time. A live audio webcast of the presentation will be available and on our website at , which will also include a webcast replay approximately one hour following the c...
TIER REIT Announces Fourth Quarter & Full Year 2018 Financial Results
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE: TIER), a Dallas-based real estate investment trust that specializes in owning and operating best-in-class office properties in select U.S. markets, today announced financial and operating results for the fourth quarter and full year ended December 31, 2018. Fourth Quarter & Full Year 2018 Highlights Recognized a net loss of $(0.52) per diluted common share for the fourth quarter and a net loss of $(0.10) per diluted common share for the full year 20...
TIER REIT Declares First Quarter 2019 Distribution
DALLAS--(BUSINESS WIRE)-- (NYSE:TIER), a Dallas-based real estate investment trust, announced today that its board of directors has declared a cash distribution of $0.18 per share of common stock for the first quarter of 2019. The distribution will be paid on March 29, 2019, to stockholders of record on March 15, 2019. About TIER REIT, Inc. TIER REIT, Inc. is a publicly traded (NYSE:TIER), self-managed, Dallas-based real estate investment trust focused on owning quality, well-managed commercial office propert...
TIER REIT Announces Sale of Eldridge Place in Houston
DALLAS--(BUSINESS WIRE)-- (NYSE: TIER), a Dallas-based real estate investment trust that specializes in owning and operating best-in-class office properties in select U.S. markets, announced today that it has sold Eldridge Place, an 824,000 square foot office campus in Houston, Texas. In addition to the contract sales price of $78.4 million, the Company expects to receive additional insurance proceeds related to the loss, damage, and destruction suffered because of Hurricane Harvey and its aftermath, including a claim for th...
TIER REIT Appoints Christie Kelly to Its Board of Directors
DALLAS--(BUSINESS WIRE)-- (NYSE: TIER) announced today the appointment of Christie Kelly as an independent director to its board of directors, effective immediately. Ms. Kelly fills a vacancy on the board as a result of the resignation of Thomas M. Herzog, a member of the board since 2015. “It has been an honor to serve on the board of directors of TIER REIT during its first several years as a publicly-listed REIT,” stated Mr. Herzog, president and chief executive officer of HCP, Inc. (NYSE: HCP). “I depart from this board w...
TIER REIT to Release Fourth Quarter 2018 Results on Monday, February 1...
DALLAS--(BUSINESS WIRE)-- (NYSE: TIER) will release its fourth quarter 2018 financial results on Monday, February 11, 2019, after the market closes. A conference call will be held on Tuesday, February 12, 2019, at 11:00 a.m. Eastern time/10:00 a.m. Central time. Callers in the US or Canada may join the conference call by dialing 877.407.0789. A live, listen-only webcast and subsequent replay will also be available on the Company's Investor Relations website at . About TIER REIT, Inc. TIER RE...
TIER REIT Announces Third Quarter 2018 Financial Results
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE: TIER), a Dallas-based real estate investment trust that specializes in owning and operating best-in-class office properties in select U.S. markets, today announced financial and operating results for the quarter ended September 30, 2018. Third Quarter 2018 Highlights Recognized net income of $0.43 per diluted common share Reported Funds from Operations (FFO) attributable to common stockholders of $0.96 per diluted common share ...
TIER REIT Declares Fourth Quarter 2018 Distribution
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE:TIER), a Dallas-based real estate investment trust, announced today that its board of directors has declared a cash distribution of $0.18 per share of common stock for the fourth quarter of 2018. The distribution will be paid on December 27, 2018, to stockholders of record on December 14, 2018. About TIER REIT, Inc. TIER REIT, Inc. is a publicly traded (NYSE:TIER), self-managed, Dallas-based real estate investment trust focused on owning quality, well-mana...
TIER REIT to Report Third Quarter 2018 Financial Results & Host Confer...
DALLAS--(BUSINESS WIRE)-- (NYSE: TIER) is scheduled to report third quarter 2018 financial results on Monday, November 5, 2018, before the open of trading on the New York Stock Exchange. A conference call will be held that same day at 1:00 p.m. Eastern time/12:00 p.m. Central time. Callers in the US or Canada may join the conference call by dialing 877.407.0789. A live, listen-only webcast and subsequent replay will also be available on the Company's Investor Relations website at . About TIER REIT, Inc. ...
Domain 12 - Fully Leased
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE: TIER), a Dallas-based real estate investment trust that specializes in owning and operating best-in-class office properties in select U.S. markets, today announced it has completed a lease with a Fortune 100 company for the entirety of its Domain 12 development project. Domain 12 is a 320,000 square foot office tower currently under construction within The Domain in Austin, Texas, and is expected to deliver in fourth quarter 2019. Additionally, the Company announced today that ...
TIER REIT Announces Second Quarter 2018 Financial Results
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE: TIER), a Dallas-based real estate investment trust that specializes in owning and operating best-in-class office properties in select U.S. markets, today announced financial and operating results for the quarter ended June 30, 2018. This press release features multimedia. View the full release here: Rendering of Domain 10, Domain 9, and Domain 12 (from left to right) at The Domain in Austin, Texas (Photo: Business Wire) Second Quarter 2018 and Recent Highlights ...
TIER REIT Declares Third Quarter 2018 Distribution
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE:TIER), a Dallas-based real estate investment trust, announced today that its board of directors has declared a cash distribution of $0.18 per share of common stock for the third quarter of 2018. The distribution will be paid on September 28, 2018, to stockholders of record on September 14, 2018. About TIER REIT, Inc. TIER REIT, Inc. is a publicly traded (NYSE:TIER), self-managed, Dallas-based real estate investment trust focused on owning quality, well-managed co...
TIER REIT to Release Second Quarter 2018 Results on Tuesday, August 7t...
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE: TIER) will release its second quarter 2018 financial results on Tuesday, August 7, 2018, after the market closes. A conference call will be held on Wednesday, August 8, 2018, at 11:00 a.m. Eastern time/10:00 a.m. Central time. Callers in the US or Canada may join the conference call by dialing 877.407.0789. A live, listen-only webcast and subsequent replay will also be available on the Company's Investor Relations website at www.tierreit.com/ir. About T...
TIER REIT Announces First Quarter 2018 Financial Results
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE: TIER), a Dallas-based real estate investment trust that specializes in owning and operating best-in-class office properties in select U.S. markets, today announced financial and operating results for the quarter ended March 31, 2018. First Quarter 2018 Highlights Recognized net income of $0.17 per diluted common share Reported Funds from Operations (FFO) attributable to common stockholders of $0.20 per diluted common share ...
TIER REIT Declares Second Quarter 2018 Distribution
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE:TIER), a Dallas-based real estate investment trust, announced today that its board of directors has declared a cash distribution of $0.18 per share of common stock for the second quarter of 2018. The distribution will be paid on June 29, 2018, to stockholders of record on June 15, 2018. About TIER REIT, Inc. TIER REIT, Inc. is a publicly traded (NYSE:TIER), self-managed, Dallas-based real estate investment trust focused on owning quality, well-managed comm...
TIER REIT to Release First Quarter 2018 Results on Tuesday, May 8th
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE: TIER) will release its first quarter 2018 financial results on Tuesday, May 8, 2018, after the market closes. A conference call will be held on Wednesday, May 9, 2018, at 11:00 a.m. Eastern Time/10:00 a.m. Central Time. Callers in the US or Canada may join the conference call by dialing 877.407.0789. A live, listen-only webcast and subsequent replay will also be available on the Company's Investor Relations website at www.tierreit.com/ir. About TIER REI...
TIER REIT Announces Sale of Loop Central & Acquisition of Remaining In...
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE: TIER) announced today that it has sold Loop Central, a 575,000-square-foot office building in Houston, Texas. The sale follows the dispositions of 500 East Pratt and Centreport Office Center earlier this year, which together with Loop Central were previously announced as under contract for sale. TIER REIT also announced that it has acquired the remaining partnership interest in Domain 8, a 291,000-square-foot office building located at The Domain in Austin, Texas. TIER R...
TIER REIT Announces Sale of Centreport
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE: TIER) announced today that it has completed the sale of Centreport Office Center for approximately $12.7 million. Centreport Office Center is located in Fort Worth, Texas, and comprised of two single-story office buildings totaling approximately 133,000 square feet. The sale is the second of three properties previously announced as under contract to be sold, following the announced sale of 500 East Pratt, in Baltimore, Maryland, on February 13, 2018. The third property, Loop Cent...
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