Franklin Street Properties Corp. (“FSP”) (NYSE MKT: FSP) announced today the tax composition of its 2014 distributions. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of FSP distributions.

                    Ticker Symbol: FSP Common Stock (CUSIP # 35471R106)   2014 2014 Total Total Taxable Capital 2014 Record Payable Distribution Ordinary Gain Return of

Date

Date

per Share

Dividend

Distribution

Capital

1/24/14 2/14/14 $ 0.19 $ 0.137793 $ - $ 0.052207 4/25/14 5/15/14 $ 0.19 $ 0.137793 $ - $ 0.052207 7/25/14 8/14/14 $ 0.19 $ 0.137793 $ - $ 0.052207 10/24/14 11/13/14 $ 0.19 $ 0.137793 $ - $ 0.052207                     Totals $ 0.76     $ 0.551172     $ -     $ 0.208828  

This press release, along with other news about FSP, is available on the Internet at www.franklinstreetproperties.com. We routinely post information that may be important to investors in the Investor Relations section of our website. We encourage investors to consult that section of our website regularly for important information about us and, if they are interested in automatically receiving news and information as soon as it is posted, to sign up for E-mail Alerts.

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 top five 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.franklinstreetproperties.com.

For Franklin Street Properties Corp.John Demeritt, 877-686-9496

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