Franklin Street Properties (FSP) Reports In-Line Q1 EPS

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Franklin Street Properties Corp. Announces First Quarter 2017 Results

May 2, 2017 4:15 PM EDT

WAKEFIELD, Mass.--(BUSINESS WIRE)-- Franklin Street Properties Corp. (the Company, FSP, we or our) (NYSE MKT: FSP), a real estate investment trust (REIT), announced its results for the first quarter ended March 31, 2017.

George J. Carter, Chairman and Chief Executive Officer, commented as follows:

With the second quarter of 2017 underway, FSP continues to expect to see Funds From Operations (FFO) growth for the full year, resulting in our expectation that full year FFO will be between approximately $1.04 and $1.08 per diluted share. We continue to expect growth to be led by contributions from increased leasing... More