Franklin Street Properties posted a GAAP net loss of USD 16.6 million, or USD 0.16 a share, versus a USD 7.9 million loss a year earlier.
FFO was USD 1.6 million, or USD 0.02 a share, down from USD 2.5 million, or USD 0.02 a share, a year earlier.
Revenue edged down to USD 26.36 million from USD 26.72 million in the prior-year quarter.
Portfolio occupancy slipped to 67.4% leased from 68.9% at Dec. 31, with about 170,000 square feet leased in the first half.
Strategic review expanded with BofA Securities and JLL as co-advisers; Greenwood Plaza sold for about USD 19.4 million, with USD 8.5 million used to repay debt.
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