TIER REIT Provides Update on Impact of Hurricane Harvey
August 28 2017 - 5:17PM
Business Wire
TIER REIT, Inc. (NYSE: TIER) announced today it is actively
monitoring and assessing the impact of Hurricane Harvey on its
properties located in Texas. Currently, there is either no or minor
damage at the Company’s properties in Houston. There has been no
impact to the Company’s properties in Austin, and Dallas remains
unaffected at this time. As the situation remains ongoing and the
duration and full impact of the storm are still unknown, the
Company will provide additional information or updates in the event
of a material change.
“On behalf of TIER REIT, we extend our heartfelt thoughts to
everyone impacted,” stated Scott Fordham, President & Chief
Executive Officer of TIER REIT, Inc. “We are especially mindful of
the safety and well-being of our tenants, team members, friends and
neighbors, and are thankful to all of the first responders who are
working tirelessly to provide aid throughout the region.”
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 properties in dynamic
markets throughout the U.S. TIER REIT’s vision is to be the premier
owner and operator of best-in-class office properties in TIER1
submarkets, which are primarily higher density and amenity-rich
locations within select, high-growth metropolitan areas that offer
a walkable experience to various amenities. Our mission is to
provide unparalleled, TIER ONE Property Services to our tenants and
outsized total return through stock price appreciation and dividend
growth to our stockholders.
For additional information regarding TIER REIT, please visit
www.tierreit.com or call 972.483.2400.
Forward-Looking Statements
Certain statements made in this press release that are not based
on historical information are forward-looking statements, which are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. This press release
contains express or implied forward-looking statements for which no
assurance can be provided. TIER REIT undertakes no obligation to
update or revise the information contained in this press release,
whether as a result of new information, future events or
circumstances, or otherwise. For additional disclosure regarding
these and other risks faced by the Company, see the disclosure
contained in our public filings with the Securities and Exchange
Commission, including, without limitation, our most recent Annual
Report on Form 10-K.
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version on businesswire.com: http://www.businesswire.com/news/home/20170828006034/en/
TIER REIT, Inc.Scott McLaughlin, 972-483-2465smclaughlin@tierreit.com
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