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TIER REIT creates up to $125M ATM offering program

TIER REIT Inc. aims to sell up to $125.0 million of its common shares from time to time under a new at-the-market equity offering program.

The office real estate investment trust signed separate agreements with Jefferies LLC, BMO Capital Markets Corp., JMP Securities LLC, J.P. Morgan Securities LLC, Merrill Lynch Pierce Fenner & Smith Inc. and Wells Fargo Securities LLC as sales agents.