Brief: Franklin Street Properties Corp Announces Sale Of 4820 Emperor Boulevard In Durham, North Carolina For $89.7 Mln

Franklin Street Properties

23/12/2020 23:12

Dec 23 (Reuters) - Franklin Street Properties Corp  FSP.A :
    * PRESS RELEASE - FRANKLIN STREET PROPERTIES CORP. ANNOUNCES
THE
SALE OF 4820 EMPEROR BOULEVARD IN DURHAM, NORTH CAROLINA FOR
$89.7 MILLION
    * FRANKLIN STREET PROPERTIES CORP - CO EXPECTS TO RECORD A
GAIN OF
APPROXIMATELY $42 MILLION IN Q4 OF 2020 IN CONNECTION WITH SALE
OF PROPERTY
    * FRANKLIN STREET PROPERTIES CORP - COMPANY INTENDS TO USE
NET
PROCEEDS FROM SALE OF PROPERTY TO REPAY DEBT

Source text for Eikon:  ID:nBw4B74WXa 
Further company coverage:  FSP.A 

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