The company has not filed an annual or quarterly report since its Q1 FY2019 10-Q, filed May 9, 2019. Its latest SEC filing is a 15-12B from Jun 27, 2019.
10-Q for Q1 FY2019, filed May 9, 2019
The sections below describe the company as of the FY2018 annual report.
Owns and operates commercial office properties for business tenants in U.S. markets.
10-K for FY2018, filed Feb 11, 2019
The company earns rent from office leases over their terms. Garage operators remit collected parking revenue monthly, and development fees are paid monthly as construction progresses.
10-K for FY2018, filed Feb 11, 2019Our rental revenue primarily consists of revenue generated from leases. We recognize rental income generated from all leases of…View ↗
Parking income - Parking income is primarily generated (1) through contractual arrangements with management companies that operate our…View ↗
Development fee income - We serve as a development manager for development projects owned by unconsolidated entities in which we have an…View ↗
$218.5M
10-K for FY2018, filed Feb 11, 2019
$218.5M ↗
Office tenants occupy its properties under leases; parking revenue comes through garage management companies or tenant leases. It also manages development projects for entities in which it has an ownership interest.
10-K for FY2018, filed Feb 11, 2019TIER REIT, Inc. is a publicly traded (NYSE: TIER), self-managed, Dallas-based real estate investment trust focused on owning quality…View ↗
Parking income - Parking income is primarily generated (1) through contractual arrangements with management companies that operate our…View ↗
Development fee income - We serve as a development manager for development projects owned by unconsolidated entities in which we have an…View ↗
No. It lost $5M in .
10-K for FY2018, filed Feb 11, 2019
10-K for FY2018, filed Feb 11, 2019
−$5MView ↗
10-Q for Q1 FY2019, filed May 9, 2019
−$14.1MView ↗
8-K, filed Jun 14, 2019
Pursuant to the Merger Agreement, upon the terms and subject to the conditions of the Merger Agreement, at the effective time of the Merger…View ↗
Shrank. Revenue fell 24% in 4 years, from $288.1M in to $218.5M in , about 7% a year.
Development-funded portfolio focus
The older report described acquiring, developing and redeveloping office properties and recycling mature-property sales into new investments. The latest report frames dispositions as a way to fund its build-to-core development program.
10-K for FY2015, filed Feb 16, 2016 10-K for FY2018, filed Feb 11, 2019Utilizing rigorous fiscal discipline blended with vision and creativity, we acquire, develop, and redevelop high quality office properties…View ↗
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