SOURCE: Franklin Street Properties Corp.

January 18, 2012 12:47 ET

Franklin Street Properties Corp. Announces Tax Composition of 2011 Distributions

WAKEFIELD, MA--(Marketwire - Jan 18, 2012) - Franklin Street Properties Corp. ("FSP") (NYSE Amex: FSP), an investment firm specializing in real estate, announced today the tax composition of its 2011 distributions. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of FSP distributions.

Ticker Symbol: FSP
Common Stock (CUSIP # 35471R106)
2011
2011 2011 Total Unrecap.
Total Taxable Capital Section 2011
Record Payable Distribution Ordinary Gain 1250 Return of
Date Date per Share Dividend Distribution Gain (1) Capital
1/28/11 2/18/11 $ 0.19 $ 0.096505 $ 0.066827 $ 0.010240 $ 0.026668
4/29/11 5/20/11 $ 0.19 $ 0.096505 $ 0.066827 $ 0.010240 $ 0.026668
7/29/11 8/19/11 $ 0.19 $ 0.096505 $ 0.066827 $ 0.010240 $ 0.026668
10/28/11 11/18/11 $ 0.19 $ 0.096505 $ 0.066827 $ 0.010240 $ 0.026668
Totals $ 0.76 $ 0.386020 $ 0.267308 $ 0.040960 $ 0.106672

(1) Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain Distribution amount.

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. The majority of FSP's property portfolio is suburban office buildings, with select investments in certain central business district properties. 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:
    John Demeritt
    877-686-9496

    Franklin Street Properties Corp.
    401 Edgewater Place
    Suite 200
    Wakefield, Massachusetts 01880-6210
    (781) 557-1300
    www.franklinstreetproperties.com