Send to a Friend Share

Franklin Street Properties (FSP) Expands Evanston, IL, Footprint with $35.1M Office Building Acquisition

October 3, 2011 11:23 AM EDT
FSP Hot Sheet
Overall Analyst Rating:
    SELL (Up Up)

Dividend Yield: 7.6%
Franklin Street Properties Corp. (AMEX: FSP), has acquired an office building in Evanston, Illinois for a purchase price of $35,100,000. Completed in 2002, the building is located at 909 Davis Street, contains approximately 195,245 rentable square feet and is approximately 95% leased.

This acquisition brings our total portfolio of directly-owned properties to 35 containing an aggregate of approximately 6,943,060 rentable square feet.


Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!

You May Also Be Interested In


Related Categories

Corporate News, Mergers and Acquisitions

Add Your Comment





Follow StreetInsider.com On Twitter