Franklin Street Properties Corp.

ASE:FSP   4:00:00 PM EDT
1.55
-0.12 (-7.19%)
Debt Financing / Related, Divestitures / Spin-offs, Other Pre-Announcement

Franklin Street Properties Corp Announces Sale Of 4820 Emperor Boulevard In Durham, North Carolina For $89.7 Mln

Published: 12/23/2020 23:19 GMT
Franklin Street Properties Corp. (FSP) - Press Release - Franklin Street Properties Corp.
Announces the Sale of 4820 Emperor Boulevard in Durham, North Carolina for $89.7 Million.
Franklin Street Properties Corp - Co Expects to Record a Gain of Approximately $42 Million in Q4 of 2020 in Connection With Sale of Property.
Franklin Street Properties Corp - Company Intends to Use Net Proceeds From Sale of Property to Repay Debt.