Behringer Harvard REIT I / TIER REIT, Inc.
The REIT primarily owns institutional quality office properties that it believes have premier business addresses, are of high quality construction, offer personalized amenities, and are primarily leased to highly credit-worthy commercial tenants. It generally owns or develops office properties located in metropolitan cities and select suburban markets in the United States. The REIT’s investment strategy is intended to provide stockholders with a geographically diversified portfolio of real estate assets.
TIER REIT, Inc. filed on June 2, 2015 with the Maryland State Department of Assessments and Taxation to effect a 1-for-6 reverse stock split of the Company’s existing common stock. SEC filing Form 8-K
The Net Asset Value has been updated to $26.88 effective June 2nd, 2015. (The most recent estimated value per share as of October 30, 2014 of $4.48 multiplied by six for the reverse stock split). This is as stated in a letter to stockholders on June 3rd, 2015
- Property Portfolio
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