WAKEFIELD, MA -- (MARKET WIRE) -- 12/06/05 --
Franklin Street Properties Corp. (AMEX: FSP)
today announced that it has been added to the MSCI US REIT Index (formerly
known as the Morgan Stanley REIT Index, the "Index"), effective as of
November 30, 2005.
George J. Carter, Chairman and Chief Executive Officer, said, "We welcome
Franklin Street Properties' addition to the MSCI US REIT Index. We believe
our inclusion in the Index will increase FSP's visibility to a broad
spectrum of potential investors."
The Morgan Stanley Capital International Inc. website (www.msci.com)
describes the Index as follows:
"The MSCI US REIT Index is a free float-adjusted market
capitalization weighted index that is comprised of equity
REITs that are included in the MSCI US Investable Market
2500 Index, with the exception of specialty equity REITs
that do not generate a majority of their revenue and income
from real estate rental and leasing operations. The index
represents approximately 85% of the US REIT universe.
"The MSCI US REIT Index is an end of day, gross return index,
available via Bloomberg and Reuters. The index is also
available as a price-only index that is calculated by MSCI
in real time and distributed by the American Stock Exchange
over Network B of the Consolidated Tape Association, and by
MSCI to Reuters and Bloomberg with the symbol RMZ."
About Franklin Street Properties
Franklin Street Properties Corp. (AMEX: FSP) is a real estate investment
trust based in Wakefield, Massachusetts, focused on achieving current
income and long-term growth through investments in commercial properties.
Since its origination in 1997, FSP has applied uncompromising discipline to
its real estate investing. These disciplines have been learned over many
years of property investment. FSP operates in two business segments: real
estate operations and investment banking/investment services. FSP owns an
unleveraged portfolio of real estate. The majority of FSP's property
portfolio is suburban office buildings. Through a wholly owned subsidiary,
FSP Investments LLC (member, NASD and SIPC), a real estate investment
banking firm and registered broker/dealer, the company organizes single
purpose entities that own real estate, and conducts the private placement
of equity to capitalize those entities. To learn more about Franklin
Street Properties please visit our website at
www.franklinstreetproperties.com
Contact:
Franklin Street Properties CorpDonna Brownell
877-686-9496
www.franklinstreetproperties.com