WAKEFIELD, Mass.--(BUSINESS WIRE)--
Franklin Street Properties Corp. (the "Company" or "FSP") (NYSE MKT:
FSP) announced today that Barry Silverstein has decided that he will not
stand for re-election to the Board of Directors upon the conclusion of
his term as a Class II director at the 2015 annual meeting of
stockholders. Mr. Silverstein has served on the Board of Directors since
2002.
George J. Carter, Chairman and Chief Executive Officer, said, “Since
joining our Board of Directors in 2002, Barry has contributed greatly to
the strategic decisions that helped us achieve our many successes. His
support and perspective in all the key decisions and efforts of FSP will
be greatly missed. We will miss Barry and value his years of service
greatly.”
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 top
five 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.franklinstreetproperties.com.
Franklin Street Properties Corp.
Investor Relations
John
Demeritt, 877-686-9496
Source: Franklin Street Properties Corp.