Franklin Street Properties Corp. Announces Leasing Activity at One Ravinia Drive in Atlanta, Georgia

7/31/18

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (NYSE American: FSP), a real estate investment trust (REIT), announced that it has finalized a lease renewal with T-Mobile South LLC, d/b/a T-Mobile at One Ravinia Drive in Atlanta, Georgia.

The lease renewal with T-Mobile extends the approximately 151,792 square foot tenancy through August 2025. T-Mobile has been a tenant at One Ravinia Drive since 2007.

George J. Carter, Chairman and Chief Executive Officer, commented as follows:

“We greatly value and are pleased to continue building a long-lasting relationship with T-Mobile at One Ravinia Drive in Atlanta, Georgia.”

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 five core 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.fspreit.com.

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