Franklin Street Properties (FSP) Reports Q3 FFO of $0.03

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Go back to Franklin Street Properties (FSP) Reports Q3 FFO of $0.03

Franklin Street Properties Corp. Announces Third Quarter 2020 Results

November 3, 2020 4:30 PM EST

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, 2020.

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

After slower-second quarter 2020 leasing results primarily due to the emergence of the COVID-19 pandemic and its negative effects on economic activity, the pace of third quarter leasing in FSPs property portfolio improved with approximately 282,000 square feet in total leasing, of which approximately 181,000 square feet was with new... More