Market Overview

TIER REIT Declares Third Quarter 2018 Distribution

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TIER REIT, Inc. (NYSE:TIER), a Dallas-based
real estate investment trust, announced today that its board of
directors has declared a cash distribution of $0.18 per share of common
stock for the third quarter of 2018. The distribution will be paid on
September 28, 2018, to stockholders of record on September 14, 2018.

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.

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