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 2016. The distribution will be paid on January 6, 2017 to stockholders of record on December 28, 2016.
About TIER REIT, Inc.
TIER REIT, Inc. is a self-managed, Dallas-based real estate investment trust focused on delivering outsized stockholder return through stock price appreciation and dividend growth while offering unparalleled tenant service. TIER REIT’s investment strategy is to acquire, develop and operate a portfolio of best-in-class office properties in select U.S. markets that consistently lead the nation in both population and office-using employment growth. Within these markets, we target TIER1 submarkets, which are primarily urban and amenity-rich locations. For additional information regarding TIER REIT, please visit www.tierreit.com or call 972.483.2400.