TIER REIT Announces Sale of Third + Shoal
TIER REIT INC (TIER)
Last tier reit inc earnings: 5/9 04:31 pm
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US:NASDAQ Investor Relations:
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Source: Business Wire
DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (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:https://www.businesswire.com/news/home/20190611005893/en/ “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 have left on the Austin skyline and pleased with the strong value creation we delivered to our stockholders.” The sellers were represented in the transaction by HFF. About TIER REIT, Inc. TIER REIT, Inc. is a publicly traded (NYSE:TIER), self-managed, Dallas-based real estate investment
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