October 3, 2016 / 9:01 PM / 10 months ago

BRIEF-Tier REIT sells Hurstbourne Business Center for $41 mln

1 Min Read

Oct 3 (Reuters) - Tier Reit Inc

* Deal for $41 million

* Net proceeds from sale will be used to repay near-term expiring mortgage debt

* Continue to market other remaining properties in louisville portfolio and "expect to exit market by end of next year"

* Tier reit sells hurstbourne business center Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below