Franklin Street Properties (FSP) Reports Q2 FFO of $0.00
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Franklin Street Properties Corp. Announces Second Quarter 2020 Results
August 4, 2020 4:30 PM EDTWAKEFIELD, 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 second quarter ended June 30, 2020.
George J. Carter, Chairman and Chief Executive Officer, commented as follows:
After a strong first quarter start to 2020, leasing activity hit the pause button in the second quarter at our 32 operating and 3 redevelopment properties. Prior to the emergence of the COVID-19 pandemic, we were confident that the company was well positioned for new tenant absorption, increasing occupancy levels and higher rental rates... More
