TIER REIT Provides Update on Impact of Hurricane Harvey

TIER REIT, Inc. (NYSE: TIER) announced today it is actively monitoring and assessing the impact of Hurricane Harvey on its properties located in Texas. Currently, there is either no or minor damage at the Company’s properties in Houston. There has been no impact to the Company’s properties in Austin, and Dallas remains unaffected at this time. As the situation remains ongoing and the duration and full impact of the storm are still unknown, the Company will provide additional information or updates in the event of a material change.

“On behalf of TIER REIT, we extend our heartfelt thoughts to everyone impacted,” stated Scott Fordham, President & Chief Executive Officer of TIER REIT, Inc. “We are especially mindful of the safety and well-being of our tenants, team members, friends and neighbors, and are thankful to all of the first responders who are working tirelessly to provide aid throughout the region.”

About TIER REIT, Inc.

TIER REIT, Inc. is a publicly traded (NYSE:TIER), self-managed, Dallas-based real estate investment trust focused on owning quality, well-managed commercial office properties in dynamic markets throughout the U.S. TIER REIT’s vision is to be the premier owner and operator of best-in-class office properties in TIER1 submarkets, which are primarily higher density and amenity-rich locations within select, high-growth metropolitan areas that offer a walkable experience to various amenities. Our mission is to provide unparalleled, TIER ONE Property Services to our tenants and outsized total return through stock price appreciation and dividend growth to our stockholders.

For additional information regarding TIER REIT, please visit www.tierreit.com or call 972.483.2400.

Forward-Looking Statements

Certain statements made in this press release that are not based on historical information are forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements for which no assurance can be provided. TIER REIT undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances, or otherwise. For additional disclosure regarding these and other risks faced by the Company, see the disclosure contained in our public filings with the Securities and Exchange Commission, including, without limitation, our most recent Annual Report on Form 10-K.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170828006034/en/

TIER REIT, Inc.Scott McLaughlin, [e-mail]