Franklin Street Properties Corp. Announces New 43,500 Square Foot Lease at its Timberlake East Property in Chesterfield, Miss...

Franklin Street Properties Corp. (the “Company”, “FSP”, “our” or “we”) (NYSE MKT: FSP), a real estate investment trust (REIT), announced today that it has entered into a 5-year lease of approximately 43,500 square feet with Energizer Holdings, Inc. at its Timberlake East property located at 1350 Timberlake Manor Parkway in Chesterfield, Missouri.

George J. Carter, President and Chief Executive Officer of FSP, commented, “This new lease will absorb approximately 22% of the total office space that was vacated by RGA Reinsurance Company upon the expiration of its lease on December 31, 2014. We are excited that the market has been receptive and responsive to the former RGA space. The economic terms and conditions of this new lease are generally consistent with those outlined during our earnings conference call on February 18, 2015. We welcome the opportunity to build a positive and enduring relationship with a world-class organization such as Energizer Holdings, Inc. and are pleased that they have decided to make Timberlake East a part of their business.”

This press release, along with other news about FSP, is available on the Internet at www.franklinstreetproperties.com. We routinely post information that may be important to investors in the Investor Relations section of our website. We encourage investors to consult that section of our website regularly for important information about us and, if they are interested in automatically receiving news and information as soon as it is posted, to sign up for E-mail Alerts.

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.

For Franklin Street Properties Corp.John Demeritt, 877-686-9496