Mergers & Acquisitions ·
Franklin Street Properties Corp. closed the sale of approximately 196,236 square feet of office buildings in…
FSPFranklin Street Properties Corp
Franklin Street Properties Corp. closed the sale of approximately 196,236 square feet of office buildings in Englewood, Colorado, to University of Colorado Health for a gross purchase price of $19,356,000. The company used $8,500,000 of the proceeds to repay debt, with the remaining balance retained for tenant improvements, leasing commissions, and general corporate purposes. Franklin Street Properties Corp. operates in the real estate investment trust (REIT) industry, focusing on office properties.