Wakefield-based Franklin Street Properties Corp., an investment firm specializing in real estate, announced a net loss of $9 million for the third quarter and net income of $2.2 million for the nine months ended Sept. 30.
Funds from operations (FFO) were $19.9 million for the third quarter and $58.5 million for the first nine months of the year.
The net loss for the third quarter included a provision for a loss on the sale of a property of $14.3 million.
