Monday, June 24, 2013

Behringer Harvard REIT I Changes name to TIER REIT

 Behringer Harvard REIT I Inc., a local based real estate investment trust is now operating under the name TIER REIT Inc. According to a press release, 2008, when Behringer Harvard, the company’s former sponsor, began assembling TIER REIT’s current management team with individuals possessing significant REIT, office and public company experience. In September 2012, the company internalized this management team making TIER REIT a self-managed, independent company, resulting in substantial cost savings.

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By Amy Wolff SorterDallas/Fort Worth
Last Updated: June 24, 2013