Market Capitalization (Millions $) |
- |
Shares
Outstanding (Millions) |
54 |
Employees |
42 |
Revenues (TTM) (Millions $) |
214 |
Net Income (TTM) (Millions $) |
-28 |
Cash Flow (TTM) (Millions $) |
0 |
Capital Exp. (TTM) (Millions $) |
144 |
Tier Reit Inc
Tier REIT Inc is a real estate investment trust that specializes in the acquisition, development, and management of high-quality office properties. The company is headquartered in Dallas, Texas and was founded in 2002.
The company's portfolio consists of 19 properties located in prime markets such as Austin, Dallas, Houston, and Denver. Tier REIT invests in high-quality buildings with prestigious tenants, long-term lease agreements, and generally focuses on urban locations. The properties are primarily Class A office buildings, which are considered to be the most modern and high-end in terms of design, amenities, and location.
Tier REIT strives to provide value to its stakeholders by managing its assets effectively to generate strong cash flows and to increase shareholder value through strategic and disciplined investments. The company's investment strategy is focused on selective acquisitions, development, and redevelopment of prime assets with high barriers to entry in strong, growing market areas.
The company takes a hands-on approach to the management of its properties, which allows it to maintain a high level of tenant satisfaction and retain its valuable tenants for long periods of time. Furthermore, Tier REIT management ensures that its properties are maintained to the highest standards, which helps to increase the value of the company's assets.
Tier REIT is committed to sustainability and energy-efficient properties. The company's portfolio features Energy Star-rated buildings, LEED Gold and Silver certifications, and Leadership in Energy and Environmental Design certifications. This emphasis on sustainability helps to reduce operational costs and generate consistent cash flows.
Overall, Tier REIT represents a solid investment in the real estate industry, with smart investment strategies, a commitment to sustainability, and a portfolio of high-quality properties in prime locations. With its focus on disciplined investment, asset management, and operational excellence, Tier REIT is well-positioned to continue generating long-term shareholder value while providing its tenants with high-quality office space.
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