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Published on 5/18/2009 in the Prospect News Special Situations Daily.

Franklin Street Properties director drops ownership interest to 7.8%

By Lisa Kerner

Charlotte, N.C., May 18 - Silverstein Investments LP III sold 737,136 shares of Franklin Street Properties Corp. between May 4 and May 8.

The shares were priced from $13.18 to $13.37 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Monday.

Franklin Street director Barry Silverstein of Silverstein Investments beneficially owns 5,507,581.5 shares or 7.8% of the Wakefield, Mass.-based investment firm specializing in real estate.


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