Tier REIT (TIER) 17.28 $TIER
TIER REIT Announces Sale of FOUR40
BusinessWire - Mon Jun 20, 3:30PM CDT
TIER REIT, Inc. (NYSE:TIER), a Dallas-based real estate investment trust, announced today that it completed the sale of its FOUR40 office building located at 440 South LaSalle Street in Chicago, Illinois, for $191 million to a third party. The company is entitled to an additional payment of up to $12.5 million subject to future performance of the property. FOUR40 is a 39-story office tower located in Chicago's Central Loop submarket with over one million square feet of rentable space. This milestone transaction represents the company's final sale of its Chicago office portfolio, the net proceeds from which will be used to repay borrowings outstanding on the revolving portion of the company's credit facility and a near-term maturing property mortgage loan.
TIER: 17.28 (-0.09)
Tier Reit reports 1Q results
Automated Insights - Mon May 09, 5:14PM CDT
DALLAS (AP) _ Tier Reit Inc. (TIER) on Monday reported a key measure of profitability in its first quarter.
TIER: 17.28 (-0.09)
TIER REIT Announces First Quarter 2016 Financial Results
BusinessWire - Mon May 09, 3:30PM CDT
--Affirms 2016 Guidance
TIER: 17.28 (-0.09)
TIER REIT names Dennis J Martin as director to its board
M2 - Thu Dec 10, 4:44AM CST
TIER REIT Inc (NYSE:TIER) revealed on Thursday that Dennis J. Martin has been elected to the board of directors as an independent director, expanding the board members to nine, as of January 2016.
TIER: 17.28 (-0.09)
TIER REIT Announces Third Quarter 2015 Financial Results
BusinessWire - Wed Nov 04, 3:15PM CST
TIER REIT, Inc. (NYSE: TIER), a Dallas-based real estate investment trust that specializes in acquiring, developing and operating office properties located in select U.S. markets, today announced financial results for the quarter ended September 30, 2015.
TIER: 17.28 (-0.09)
TIER REIT Schedules Third Quarter 2015 Earnings Release and Conference Call Dates
BusinessWire - Thu Oct 22, 4:55PM CDT
TIER REIT, Inc. (NYSE: TIER) announced today that the Company will release its third quarter 2015 financial results on Wednesday, November 4, 2015, after the close of trading on the New York Stock Exchange. A live audio webcast and conference call will be held on Thursday, November 5, 2015, at 11:00 a.m. Eastern time/10:00 a.m. Central time.
TIER: 17.28 (-0.09)
TIER REIT declares distribution of USD0.18 per share for Q3 2015
M2 - Fri Sep 04, 6:36AM CDT
TIER REIT Inc (NYSE:TIER) reported on Friday that its board of directors authorised a common stock cash distribution of USD0.18 per share for the third quarter of 2015.
TIER: 17.28 (-0.09)
TIER REIT Announces a Third Quarter Distribution
BusinessWire - Thu Sep 03, 4:00PM CDT
TIER REIT, Inc. (NYSE: TIER), a Dallas-based real estate investment trust, announced that its board of directors has declared a cash distribution of $0.18 per share of common stock for the third quarter of 2015. The distribution will be paid on October 8, 2015 to stockholders of record on September 30, 2015.
TIER: 17.28 (-0.09)
TIER REIT, Inc. Announces Preliminary Results of its Modified Dutch Auction Tender Offer
BusinessWire - Thu Aug 20, 7:00AM CDT
TIER REIT, Inc. (NYSE: TIER) announced today the preliminary results of its modified "Dutch Auction" tender offer to purchase for cash up to $50,000,000 in value of shares of its common stock, par value $0.0001 per share (the "Common Stock"
from its stockholders, which expired at 11:59 p.m., New York City time, on August 19, 2015. TIER REIT announced that it was pleased to process the full amount of the tender offer as initially contemplated, subject to the proration described below, and meet the properly tendered requests submitted by tendering stockholders. J.P. Morgan Securities LLC and Wells Fargo Securities, LLC acted as the dealer managers for the tender offer.
JPM: 64.33 (+0.20), TIER: 17.28 (-0.09)
TIER REIT Reports Second Quarter 2015 Results
BusinessWire - Wed Aug 05, 3:30PM CDT
TIER REIT, Inc. (NYSE: TIER) today reported results for the quarter ended June 30, 2015.
TIER: 17.28 (-0.09)
TIER REIT Expands Its Austin Portfolio
BusinessWire - Mon Aug 03, 10:15AM CDT
TIER REIT, Inc. (NYSE: TIER) a Dallas-based real estate investment trust, announced today the acquisition of various assets within The Domain, a premier mixed-use development located in Northwest Austin. The transaction included the acquisition of two Class A, creative-space office buildings totaling 332,000 square feet and a partnership interest in two additional Class A office buildings totaling 337,000 square feet, as well as fee simple ownership of various land parcels totaling over 24 acres for future office development.
TIER: 17.28 (-0.09)
TIER REIT Schedules Second Quarter 2015 Earnings Release and Conference Call Dates
BusinessWire - Wed Jul 29, 3:50PM CDT
TIER REIT, Inc. (NYSE: TIER) announced today that the Company will release its second quarter 2015 financial results on Wednesday, August 5, 2015, after the close of trading on the New York Stock Exchange. A live audio webcast and conference call will be held on Thursday, August 6, 2015, at 11:00 a.m. Eastern time/10:00 a.m. Central time.
TIER: 17.28 (-0.09)
TIER REIT Announces Listing of its Shares of Common Stock on the New York Stock Exchange under the Ticker Symbol "TIER" and Ringing The NYSE Opening Bell(R)
BusinessWire - Thu Jul 23, 5:30AM CDT
TIER REIT, Inc. (NYSE: TIER) announced that it is authorized to list its shares of common stock on the New York Stock Exchange (NYSE). Trading of TIER REIT's shares of common stock will commence today under the ticker symbol "TIER." In connection with the listing of its shares of common stock, members of TIER REIT's management team will ring The NYSE Opening Bell(R) at 9:30 a.m. EDT today to celebrate the first day of trading in TIER REIT's shares of common stock on the NYSE.
TIER: 17.28 (-0.09)
TIER REIT declares listing of common stock on the New York Stock Exchange
M2 - Fri Jul 17, 6:20AM CDT
A real estate investment trust based in Dallas, TIER REIT Inc stated on Friday that its shares of common stock will be listed under the ticker symbol "TIER" on the New York Stock Exchange (NYSE) on or about 23 July 2015, with completion of the listing being subject to certain customary conditions.
TIER: 17.28 (-0.09)
TIER REIT Announces Timing of Expected Listing on the New York Stock Exchange under the Ticker Symbol "TIER"
BusinessWire - Thu Jul 16, 4:29PM CDT
TIER REIT, Inc., a Dallas-based real estate investment trust, announced today that it expects to list its shares of common stock on the New York Stock Exchange (NYSE) on or about July 23, 2015 under the ticker symbol "TIER," with completion of the listing subject to certain customary conditions. In connection with the anticipated listing, members of TIER REIT's management team are scheduled to ring The NYSE Opening Bell(R) on July 23, 2015 at 9:30 a.m. EDT at the NYSE to celebrate the first day of trading in TIER REIT's shares.
TIER: 17.28 (-0.09)
Cielo and TIER REIT to Build 28 Story Office Tower in Center of Downtown Austin
BusinessWire - Wed Jul 08, 1:26PM CDT
Austin-based Cielo Property Group and TIER REIT, Inc. a Dallas-based real estate investment trust, have partnered to build a unique 349,000-square-foot office tower in downtown Austin featuring a strong connection to the outdoors by designing multiple outdoor decks overlooking Shoal Creek and also featuring several floors of flexible creative office space, unlike anything currently in the Austin market.
TIER: 17.28 (-0.09)
TIER REIT Names Gilchrist Chairman of the Board
BusinessWire - Tue Jul 07, 2:00PM CDT
TIER REIT, Inc., a Dallas-based real estate investment trust, announced that Rick Gilchrist has been named chairman of the board. Over the past twelve months, the board has expanded with three new members, and with these additions and the company's pursuit of a listing on a national securities exchange, the board believed it was appropriate to realign this role for the company.
TIER: 17.28 (-0.09)
TIER REIT Expands Credit Facility
BusinessWire - Thu Jul 02, 2:04PM CDT
TIER REIT, Inc., a Dallas-based real estate investment trust, announced today that it has closed on an amended and restated secured credit facility. The amendment expanded the in-place facility with an additional $275 million, seven-year term loan. Combined with the previous $250 million term loan and $225 million revolving line of credit, the facility now provides the Company with total financing of up to $750 million. The Company previously entered into two interest rate swap agreements, which fixed the interest rate on the new term loan at approximately 3.67%. At closing, the revolving line of credit was undrawn, and the proceeds of the new term loan were used to repay two mortgage loans with a weighted-average interest rate of 5.79%.
WFC: 47.99 (+0.02), TIER: 17.28 (-0.09)
TIER REIT Announces a Second Quarter Distribution
BusinessWire - Wed May 13, 3:00PM CDT
TIER REIT, Inc., a Dallas-based real estate investment trust, announced that its board of directors has declared a cash distribution of $0.03 per share of common stock for the second quarter of 2015. The distribution will be paid on July 8, 2015 to stockholders of record on June 30, 2015.
TIER: 17.28 (-0.09)
TIER REIT's Burnett Plaza Wins Sustainability Award
BusinessWire - Thu Apr 16, 11:30AM CDT
TIER REIT, Inc., a Dallas-based real estate investment trust, announced today that Burnett Plaza in Fort Worth, Texas, won the Sustainability Award at the Downtown Fort Worth Inc. Annual Meeting and Trailblazer Award ceremony. The building won the award based on their market leading efforts in water conservation, green cleaning, energy savings and sustainable waste practices. Jack Clark, Chairman of Downtown Fort Worth, Inc., noted their achievements, "Burnett Plaza is not just a leader in Fort Worth. They have achieved success on the national level as evidenced by their recent win as the BOMA International Office Building of the Year in 2014. We are proud to call them our home town team and appreciate the commitment of TIER REIT."
TIER: 17.28 (-0.09)
TIER REIT Announces Sale of FOUR40
BusinessWire - Mon Jun 20, 3:30PM CDT
TIER REIT, Inc. (NYSE:TIER), a Dallas-based real estate investment trust, announced today that it completed the sale of its FOUR40 office building located at 440 South LaSalle Street in Chicago, Illinois, for $191 million to a third party. The company is entitled to an additional payment of up to $12.5 million subject to future performance of the property. FOUR40 is a 39-story office tower located in Chicago's Central Loop submarket with over one million square feet of rentable space. This milestone transaction represents the company's final sale of its Chicago office portfolio, the net proceeds from which will be used to repay borrowings outstanding on the revolving portion of the company's credit facility and a near-term maturing property mortgage loan.
TIER: 17.28 (-0.09)
Tier Reit reports 1Q results
Automated Insights - Mon May 09, 5:14PM CDT
DALLAS (AP) _ Tier Reit Inc. (TIER) on Monday reported a key measure of profitability in its first quarter.
TIER: 17.28 (-0.09)
TIER REIT Announces First Quarter 2016 Financial Results
BusinessWire - Mon May 09, 3:30PM CDT
--Affirms 2016 Guidance
TIER: 17.28 (-0.09)
TIER REIT names Dennis J Martin as director to its board
M2 - Thu Dec 10, 4:44AM CST
TIER REIT Inc (NYSE:TIER) revealed on Thursday that Dennis J. Martin has been elected to the board of directors as an independent director, expanding the board members to nine, as of January 2016.
TIER: 17.28 (-0.09)
TIER REIT Announces Third Quarter 2015 Financial Results
BusinessWire - Wed Nov 04, 3:15PM CST
TIER REIT, Inc. (NYSE: TIER), a Dallas-based real estate investment trust that specializes in acquiring, developing and operating office properties located in select U.S. markets, today announced financial results for the quarter ended September 30, 2015.
TIER: 17.28 (-0.09)
TIER REIT Schedules Third Quarter 2015 Earnings Release and Conference Call Dates
BusinessWire - Thu Oct 22, 4:55PM CDT
TIER REIT, Inc. (NYSE: TIER) announced today that the Company will release its third quarter 2015 financial results on Wednesday, November 4, 2015, after the close of trading on the New York Stock Exchange. A live audio webcast and conference call will be held on Thursday, November 5, 2015, at 11:00 a.m. Eastern time/10:00 a.m. Central time.
TIER: 17.28 (-0.09)
TIER REIT declares distribution of USD0.18 per share for Q3 2015
M2 - Fri Sep 04, 6:36AM CDT
TIER REIT Inc (NYSE:TIER) reported on Friday that its board of directors authorised a common stock cash distribution of USD0.18 per share for the third quarter of 2015.
TIER: 17.28 (-0.09)
TIER REIT Announces a Third Quarter Distribution
BusinessWire - Thu Sep 03, 4:00PM CDT
TIER REIT, Inc. (NYSE: TIER), a Dallas-based real estate investment trust, announced that its board of directors has declared a cash distribution of $0.18 per share of common stock for the third quarter of 2015. The distribution will be paid on October 8, 2015 to stockholders of record on September 30, 2015.
TIER: 17.28 (-0.09)
TIER REIT, Inc. Announces Preliminary Results of its Modified Dutch Auction Tender Offer
BusinessWire - Thu Aug 20, 7:00AM CDT
TIER REIT, Inc. (NYSE: TIER) announced today the preliminary results of its modified "Dutch Auction" tender offer to purchase for cash up to $50,000,000 in value of shares of its common stock, par value $0.0001 per share (the "Common Stock"
from its stockholders, which expired at 11:59 p.m., New York City time, on August 19, 2015. TIER REIT announced that it was pleased to process the full amount of the tender offer as initially contemplated, subject to the proration described below, and meet the properly tendered requests submitted by tendering stockholders. J.P. Morgan Securities LLC and Wells Fargo Securities, LLC acted as the dealer managers for the tender offer. JPM: 64.33 (+0.20), TIER: 17.28 (-0.09)
TIER REIT Reports Second Quarter 2015 Results
BusinessWire - Wed Aug 05, 3:30PM CDT
TIER REIT, Inc. (NYSE: TIER) today reported results for the quarter ended June 30, 2015.
TIER: 17.28 (-0.09)
TIER REIT Expands Its Austin Portfolio
BusinessWire - Mon Aug 03, 10:15AM CDT
TIER REIT, Inc. (NYSE: TIER) a Dallas-based real estate investment trust, announced today the acquisition of various assets within The Domain, a premier mixed-use development located in Northwest Austin. The transaction included the acquisition of two Class A, creative-space office buildings totaling 332,000 square feet and a partnership interest in two additional Class A office buildings totaling 337,000 square feet, as well as fee simple ownership of various land parcels totaling over 24 acres for future office development.
TIER: 17.28 (-0.09)
TIER REIT Schedules Second Quarter 2015 Earnings Release and Conference Call Dates
BusinessWire - Wed Jul 29, 3:50PM CDT
TIER REIT, Inc. (NYSE: TIER) announced today that the Company will release its second quarter 2015 financial results on Wednesday, August 5, 2015, after the close of trading on the New York Stock Exchange. A live audio webcast and conference call will be held on Thursday, August 6, 2015, at 11:00 a.m. Eastern time/10:00 a.m. Central time.
TIER: 17.28 (-0.09)
TIER REIT Announces Listing of its Shares of Common Stock on the New York Stock Exchange under the Ticker Symbol "TIER" and Ringing The NYSE Opening Bell(R)
BusinessWire - Thu Jul 23, 5:30AM CDT
TIER REIT, Inc. (NYSE: TIER) announced that it is authorized to list its shares of common stock on the New York Stock Exchange (NYSE). Trading of TIER REIT's shares of common stock will commence today under the ticker symbol "TIER." In connection with the listing of its shares of common stock, members of TIER REIT's management team will ring The NYSE Opening Bell(R) at 9:30 a.m. EDT today to celebrate the first day of trading in TIER REIT's shares of common stock on the NYSE.
TIER: 17.28 (-0.09)
TIER REIT declares listing of common stock on the New York Stock Exchange
M2 - Fri Jul 17, 6:20AM CDT
A real estate investment trust based in Dallas, TIER REIT Inc stated on Friday that its shares of common stock will be listed under the ticker symbol "TIER" on the New York Stock Exchange (NYSE) on or about 23 July 2015, with completion of the listing being subject to certain customary conditions.
TIER: 17.28 (-0.09)
TIER REIT Announces Timing of Expected Listing on the New York Stock Exchange under the Ticker Symbol "TIER"
BusinessWire - Thu Jul 16, 4:29PM CDT
TIER REIT, Inc., a Dallas-based real estate investment trust, announced today that it expects to list its shares of common stock on the New York Stock Exchange (NYSE) on or about July 23, 2015 under the ticker symbol "TIER," with completion of the listing subject to certain customary conditions. In connection with the anticipated listing, members of TIER REIT's management team are scheduled to ring The NYSE Opening Bell(R) on July 23, 2015 at 9:30 a.m. EDT at the NYSE to celebrate the first day of trading in TIER REIT's shares.
TIER: 17.28 (-0.09)
Cielo and TIER REIT to Build 28 Story Office Tower in Center of Downtown Austin
BusinessWire - Wed Jul 08, 1:26PM CDT
Austin-based Cielo Property Group and TIER REIT, Inc. a Dallas-based real estate investment trust, have partnered to build a unique 349,000-square-foot office tower in downtown Austin featuring a strong connection to the outdoors by designing multiple outdoor decks overlooking Shoal Creek and also featuring several floors of flexible creative office space, unlike anything currently in the Austin market.
TIER: 17.28 (-0.09)
TIER REIT Names Gilchrist Chairman of the Board
BusinessWire - Tue Jul 07, 2:00PM CDT
TIER REIT, Inc., a Dallas-based real estate investment trust, announced that Rick Gilchrist has been named chairman of the board. Over the past twelve months, the board has expanded with three new members, and with these additions and the company's pursuit of a listing on a national securities exchange, the board believed it was appropriate to realign this role for the company.
TIER: 17.28 (-0.09)
TIER REIT Expands Credit Facility
BusinessWire - Thu Jul 02, 2:04PM CDT
TIER REIT, Inc., a Dallas-based real estate investment trust, announced today that it has closed on an amended and restated secured credit facility. The amendment expanded the in-place facility with an additional $275 million, seven-year term loan. Combined with the previous $250 million term loan and $225 million revolving line of credit, the facility now provides the Company with total financing of up to $750 million. The Company previously entered into two interest rate swap agreements, which fixed the interest rate on the new term loan at approximately 3.67%. At closing, the revolving line of credit was undrawn, and the proceeds of the new term loan were used to repay two mortgage loans with a weighted-average interest rate of 5.79%.
WFC: 47.99 (+0.02), TIER: 17.28 (-0.09)
TIER REIT Announces a Second Quarter Distribution
BusinessWire - Wed May 13, 3:00PM CDT
TIER REIT, Inc., a Dallas-based real estate investment trust, announced that its board of directors has declared a cash distribution of $0.03 per share of common stock for the second quarter of 2015. The distribution will be paid on July 8, 2015 to stockholders of record on June 30, 2015.
TIER: 17.28 (-0.09)
TIER REIT's Burnett Plaza Wins Sustainability Award
BusinessWire - Thu Apr 16, 11:30AM CDT
TIER REIT, Inc., a Dallas-based real estate investment trust, announced today that Burnett Plaza in Fort Worth, Texas, won the Sustainability Award at the Downtown Fort Worth Inc. Annual Meeting and Trailblazer Award ceremony. The building won the award based on their market leading efforts in water conservation, green cleaning, energy savings and sustainable waste practices. Jack Clark, Chairman of Downtown Fort Worth, Inc., noted their achievements, "Burnett Plaza is not just a leader in Fort Worth. They have achieved success on the national level as evidenced by their recent win as the BOMA International Office Building of the Year in 2014. We are proud to call them our home town team and appreciate the commitment of TIER REIT."
TIER: 17.28 (-0.09)
