WAKEFIELD, MA--(MARKET WIRE)--Oct 21, 2008 -- Franklin Street Properties Corp. (NYSE Alternext US/AMEX: FSP) (FSP - News), an investment firm specializing in real estate, announced today that its Board of Directors declared a regular quarterly dividend of $0.19 per share of common stock for the period July 1, 2008 through September 30, 2008, payable on November 20, 2008 to stockholders of record as of October 31, 2008.

About Franklin Street Properties Corp.

Franklin Street Properties Corp. ("FSP"), based in Wakefield, Massachusetts, is focused on achieving current income and long-term growth through investments in commercial properties. FSP operates in two business segments: real estate operations and investment banking/investment services. The majority of FSP's property portfolio is suburban office buildings, with select investments in certain central business district properties. FSP's subsidiary, FSP Investments LLC (member, FINRA and SIPC), is a real estate investment banking firm and a registered broker/dealer. 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

     Contact:
     Donna Brownell
     877-686-9496
      
     401 Edgewater Place, Suite 200
     Wakefield, Massachusetts 01880-6210
     (781) 557-1300
     http://www.franklinstreetproperties.com