FRANKLIN STREET PROPERTIES CORP. (NYSEMKT:FSP) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
(d) As previously disclosed, at the Annual Meeting, the Company’s stockholders cast a majority of votes in favor of recommending a frequency of “1YEAR” for future executive compensation advisory votes (the “frequency proposal”).After taking into consideration the voting results of the frequency proposal and the prior recommendation of the board of directors of the Company in favor of an annual executive compensation advisory vote, the Company intends to hold executive compensation advisory votes every year.
About FRANKLIN STREET PROPERTIES CORP. (NYSEMKT:FSP)
Franklin Street Properties Corp. is a real estate investment trust (REIT). The Company is focused on commercial real estate investments primarily in office markets. The Company operates through the real estate operations segment. The Company’s investment objectives are to create shareholder value by increasing revenue from rental, dividend, interest and fee income and net gains from sales of properties, and increase the cash available for distribution in the form of dividends to its stockholders. As of December 31, 2016, the Company owned and operated a portfolio of real estate consisting of 36 office properties, which were located in 12 states. It provides asset management, property management, property accounting, and investor and development services to its portfolio and certain of its Sponsored REITs through its subsidiaries. It focuses on investing in select urban infill and central business district properties with focus on Atlanta, Dallas, Denver, Houston and Minneapolis. FRANKLIN STREET PROPERTIES CORP. (NYSEMKT:FSP) Recent Trading Information
FRANKLIN STREET PROPERTIES CORP. (NYSEMKT:FSP) closed its last trading session up +0.06 at 9.92 with 265,914 shares trading hands.
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