December 2, 2016 / 1:52 PM / 8 months ago

BRIEF-Franklin Street Properties announces acquisition of Dominion towers

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Dec 2 (Reuters) - Franklin Street Properties Corp -

* Announces acquisition of dominion towers in downtown denver, colorado

* Announces acquisition of dominion towers in downtown denver, colorado

* Gross purchase price of property was approximately $154 million,

* Funded acquisition with proceeds of $150 million unsecured, two-year bridge loan, with balance paid from existing cash on hand

* No debt secured by property was assumed in connection with acquisition of property Source text for Eikon: Further company coverage:

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