News Details

Franklin Street Properties Corp. Announces Tax Composition of 2011 Distributions

January 18, 2012

WAKEFIELD, MA -- (MARKET WIRE) -- 01/18/12 -- Franklin Street Properties Corp. ("FSP") (NYSE Amex: FSP), an investment firm specializing in real estate, announced today the tax composition of its 2011 distributions. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of FSP distributions.

Ticker Symbol: FSP
Common Stock (CUSIP # 35471R106)
                                                          2011
                                  2011     2011 Total   Unrecap.
                      Total      Taxable     Capital     Section     2011
 Record   Payable Distribution  Ordinary      Gain        1250     Return of
  Date     Date     per Share   Dividend  Distribution  Gain (1)    Capital
-------- -------- ------------ ---------- ------------ ---------- ----------
 1/28/11  2/18/11 $       0.19 $ 0.096505 $   0.066827 $ 0.010240 $ 0.026668
 4/29/11  5/20/11 $       0.19 $ 0.096505 $   0.066827 $ 0.010240 $ 0.026668
 7/29/11  8/19/11 $       0.19 $ 0.096505 $   0.066827 $ 0.010240 $ 0.026668
10/28/11 11/18/11 $       0.19 $ 0.096505 $   0.066827 $ 0.010240 $ 0.026668

                  ------------ ---------- ------------ ---------- ----------
Totals            $       0.76 $ 0.386020 $   0.267308 $ 0.040960 $ 0.106672
                  ============ ========== ============ ========== ==========

(1) Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain Distribution amount.

This press release, along with other news about FSP is available on the Internet at www.franklinstreetproperties.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 achieving current income and long-term growth through investments in commercial properties. The majority of FSP's property portfolio is suburban office buildings, with select investments in certain central business district properties. 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.franklinstreetproperties.com.

Contact:
John Demeritt
877-686-9496

Franklin Street Properties Corp.401 Edgewater Place
Suite 200
Wakefield, Massachusetts 01880-6210
(781) 557-1300
www.franklinstreetproperties.com

Source: Franklin Street Properties Corp.