Franklin Street Properties Corp. Assesses Impact of Hurricane Irma
September 12 2017 - 2:00PM
Business Wire
Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE
American: FSP) announced today that it has assessed the impact of
Hurricane Irma and its aftermath on its owned property in Miami,
Florida and on its owned and managed properties in the greater
metropolitan Atlanta, Georgia area. FSP’s property in Miami,
Florida was minimally impacted by Hurricane Irma, with no flood or
wind damage, and is fully operational and open for business. FSP’s
properties in the greater metropolitan Atlanta, Georgia area were
not impacted by Hurricane Irma. The Company will provide updates in
the event of a material change.
This press release, along with other news about FSP, is
available on the Internet at www.fspreit.com. We routinely post
information that may be important to investors in the Investor
Relations section of our website. We encourage investors to consult
that section of our website regularly for important information
about us and, if they are interested in automatically receiving
news and information as soon as it is posted, to sign up for E-mail
Alerts.
About Franklin Street Properties Corp.Franklin Street
Properties Corp., based in Wakefield, Massachusetts, is focused on
investing in institutional-quality office properties in the U.S.
FSP’s strategy is to invest in select urban infill and central
business district (CBD) properties, with primary emphasis on our
five core markets of Atlanta, Dallas, Denver, Houston, and
Minneapolis. FSP seeks value-oriented investments with an eye
towards long-term growth and appreciation, as well as current
income. FSP is a Maryland corporation that operates in a manner
intended to qualify as a real estate investment trust (REIT) for
federal income tax purposes. To learn more about FSP please visit
our website at www.fspreit.com.
Forward-Looking StatementsStatements made in this press
release that state FSP’s or management’s intentions, beliefs,
expectations, or predictions for the future may be forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. This press release may also contain
forward-looking statements based on current judgments and current
knowledge of management, which are subject to certain risks, trends
and uncertainties that could cause actual results to differ
materially from those indicated in such forward-looking statements.
Accordingly, readers are cautioned not to place undue reliance on
forward-looking statements. Investors are cautioned that our
forward-looking statements involve risks and uncertainty. See the
“Risk Factors” set forth in Part I, Item 1A of our Annual Report on
Form 10-K for the year ended December 31, 2016, as the same may be
updated from time to time in subsequent filings with the United
States Securities and Exchange Commission. Although we believe the
expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity,
performance or achievements.
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version on businesswire.com: http://www.businesswire.com/news/home/20170912006574/en/
For Franklin Street Properties Corp.Georgia Touma,
877-686-9496Investor Relations
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