TIER REIT (TIER) Reports Q2 Loss of $0.02

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TIER REIT Reports Second Quarter 2015 Results

August 5, 2015 4:30 PM EDT

DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE: TIER) today reported results for the quarter ended June 30, 2015.

Highlights for the Quarter Ended June 30, 2015:

Sold five assets totaling approximately $445.6 million; Acquired two development sites for approximately $13.7 million; Expanded credit facility to $750 million; Completed approximately 857,000 square feet of leasing, including approximately 235,000 square feet of new and expansion leasing; Terminated third party property management and administrative services; and... More