Franklin Street Properties (FSP) Reports Q1 FFO of $0.04

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Go back to Franklin Street Properties (FSP) Reports Q1 FFO of $0.04

Franklin Street Properties Corp. Announces First Quarter 2021 Results

May 4, 2021 4:31 PM EDT

Maintains 2021 Disposition Guidance
Anticipates Aggregate Gross Proceeds of Approximately $350 Million to $450 Million
Sale Proceeds to be Primarily Used for Repayment of Debt
FSP Remains Committed to its Sunbelt and Mountain West Market Focus

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, 2021.

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

As the second quarter of 2021... More