Franklin Street Properties (FSP) Reports Q1 FFO of $0.06

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Franklin Street Properties Corp. Announces First Quarter 2019 Results

April 30, 2019 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 first quarter ended March 31, 2019.

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

Leasing activity within our property portfolio of 32 operating and 3 redevelopment properties continued at a strong pace during the first quarter of 2019, setting an FSP record for the amount of first quarter square footage leased. In addition, the price of crude oil increased during the first quarter of 2019 and we believe... More