Franklin Street Properties (FSP) Declares $0.19 Quarterly Dividend; 6% Yield

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Franklin Street Properties Corp. Declares Quarterly Dividend

April 10, 2015 11:00 AM EDT

WAKEFIELD, Mass.--(BUSINESS WIRE)-- Franklin Street Properties Corp. (FSP) (NYSE MKT: FSP) announced today that its Board of Directors declared a regular quarterly dividend of $0.19 per share of common stock for the period January 1, 2015 through March 31, 2015, payable on May 14, 2015 to stockholders of record as of April 24, 2015.

This press release, along with other news about... More

Franklin Street Properties Corp. Announces Acquisition of Two Ravinia Drive in Atlanta, Georgia.

April 8, 2015 4:02 PM EDT

WAKEFIELD, Mass.--(BUSINESS WIRE)-- Franklin Street Properties, Corp. (the Company, FSP, our or we) (NYSE MKT: FSP), a real estate investment trust (REIT), has acquired Two Ravinia Drive in Atlanta, Georgia. Two Ravinia Drive is a 17-story, Class A, approximately 442,130 square foot multi-tenant office tower with an attached parking garage located in the Central Perimeter Submarket of Atlanta, Georgia. Two Ravinia Drive is directly adjacent to the Companys existing office tower, One Ravinia Drive. This acquisition increases FSPs holdings in Atlanta to approximately 1.8 million square feet and should allow for greater scale and... More