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Franklin Street Properties Corp. Announces Leasing Activity at One Ravinia Drive in Atlanta, Georgia

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Franklin Street Properties Corp. (the "Company", "FSP", "we" or "our")
(NYSE:FSP), a real estate investment trust (REIT), announced
that it has finalized a lease renewal with T-Mobile South LLC, d/b/a
T-Mobile ("T-Mobile") at One Ravinia Drive in Atlanta, Georgia.

The lease renewal with T-Mobile extends the approximately 151,792 square
foot tenancy through August 2025. T-Mobile has been a tenant at One
Ravinia Drive since 2007.

George J. Carter, Chairman and Chief Executive Officer, commented as
follows:

"We greatly value and are pleased to continue building a long-lasting
relationship with T-Mobile at One Ravinia Drive in Atlanta, Georgia."

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 five
core 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.fspreit.com.

Forward-Looking Statements

Statements made in this press release that state FSP's or management's
intentions, beliefs, expectations, or predictions for the future may be
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. This press release may also contain
forward-looking statements based on current judgments and current
knowledge of management, which are subject to certain risks, trends and
uncertainties that could cause actual results to differ materially from
those indicated in such forward-looking statements. Accordingly, readers
are cautioned not to place undue reliance on forward-looking statements.
Investors are cautioned that our forward-looking statements involve
risks and uncertainty. See the "Risk Factors" set forth in Part I, Item
1A of our Annual Report on Form 10-K for the year ended December 31,
2017, as the same may be updated from time to time in subsequent filings
with the United States Securities and Exchange Commission. Although we
believe the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity,
performance or achievements.

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