Franklin Street Properties (FSP) Reports Q3 FFO of $0.12

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Franklin Street Properties Corp. Announces Third Quarter 2018 Results

October 30, 2018 4:30 PM EDT

WAKEFIELD, Mass.--(BUSINESS WIRE)-- Franklin Street Properties Corp. (the Company, FSP, we or our) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the third quarter ended September 30, 2018.

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

For the third quarter of 2018, FSPs Funds from Operations or FFO totaled approximately $26.2 million or $0.24 per share. Leasing activity continued to be strong within our property portfolio during the quarter and we are currently seeing that activity extend into the fourth quarter of 2018. We also saw increased leasing in our... More