Brief: Franklin Street Properties announces acquisition of Dominion towers

Franklin Street Properties

02/12/2016 13:30

Dec 2 (Reuters) - Franklin Street Properties Corp  FSP.A  -  
    * Announces acquisition of dominion towers in downtown 
denver, colorado 
    * Announces acquisition of dominion towers in downtown 
denver, colorado 
    * Gross purchase price of property was approximately $154 
million, 
    * Funded acquisition with proceeds of $150 million 
unsecured, two-year bridge loan, with balance paid from existing 
cash on hand 
    * No debt secured by property was assumed in connection with 
acquisition of property 
 
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