SOURCE: Franklin Street Properties Corp.

January 21, 2011 17:00 ET

Franklin Street Properties Corp. Announces the Sale of Its Fairview Park Office Property in Falls Church, Virginia

WAKEFIELD, MA--(Marketwire - January 21, 2011) - Franklin Street Properties Corp. ("FSP," "our" or "we") (NYSE Amex: FSP), an investment firm specializing in real estate, announced today the sale of its 252,613 square foot Fairview Park office property for $90 million. The property is located at 3150 Fairview Park Drive, Falls Church, Virginia. 

This press release, along with other news about FSP, is available on the Internet at www.franklinstreetproperties.com. We routinely post information that may be important to investors in the Investor Relations section of our website. We encourage investors to consult that section of our website regularly for important information about us and, if they are interested in automatically receiving news and information as soon as it is posted, to sign up for E-mail Alerts.

About Franklin Street Properties Corp.

Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on achieving current income and long-term growth through investments in commercial properties. FSP operates in two business segments: real estate operations and investment banking/investment services. The majority of FSP's property portfolio is suburban office buildings, with select investments in certain central business district properties. FSP's subsidiary, FSP Investments LLC (member, FINRA and SIPC), is a real estate investment banking firm and a registered broker/dealer. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes. To learn more about FSP, please visit our website at www.franklinstreetproperties.com.

Contact Information

  • Contact:
    Investor Relations:
    (877) 686-9496