SOURCE: Franklin Street Properties Corp.

April 18, 2008 11:35 ET

Franklin Street Properties Corp. Declares Quarterly Dividend

WAKEFIELD, MA--(Marketwire - April 18, 2008) - Franklin Street Properties Corp. (AMEX: FSP), an investment firm specializing in real estate, announced today that its Board of Directors declared a regular quarterly dividend of $0.31 per share of common stock for the period January 1, 2008 through March 31, 2008, payable on May 20, 2008 to stockholders of record as of April 30, 2008.

About Franklin Street Properties Corp.

Franklin Street Properties Corp. ("FSP"), 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. FSP owns an unleveraged portfolio of real estate. 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:
    Donna Brownell
    877-686-9496