Franklin Street

Sound Credit Union and Washington Business Bank Announce Acquisition Agreement

Retrieved on: 
Monday, March 11, 2024
Banking, Professional Services, Finance, Fifth Avenue, Partnership, ALM, LLP, Acquisition, Insurance, Franklin Street, WBZB, Credit union, Bank

Sound Credit Union, a leading not-for-profit financial institution serving Washington State, and Washington Business Bank (OTCPK: WBZB), a premier commercial bank headquartered in Olympia, Washington, announced today they have entered into a definitive agreement in which Sound Credit Union will acquire Washington Business Bank.

Key Points: 
  • Sound Credit Union, a leading not-for-profit financial institution serving Washington State, and Washington Business Bank (OTCPK: WBZB), a premier commercial bank headquartered in Olympia, Washington, announced today they have entered into a definitive agreement in which Sound Credit Union will acquire Washington Business Bank.
  • The transaction is structured as a purchase agreement with Sound Credit Union purchasing substantially all assets and assuming substantially all liabilities of Washington Business Bank.
  • Washington Business Bank customers will become members of Sound Credit Union with full access to all Sound Credit Union's products and services.
  • “Washington Business Bank has served as a cornerstone for local business owners for more than twenty years,” said Don Clark, President and CEO of Sound Credit Union.

Franklin Street Properties Corp. Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, February 26, 2024
REIT, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, Urban Planning, Monument, FFO, Annual report, Note, Financial instrument, News, Sun Belt, Foot, Sale, Net income, Sponsor, Franklin Street, GAAP, Consolidated, Samsung Galaxy Note 3, Webcast, VIE, Blue Lagoon, Current research information system, Alert messaging, Bank statement, Investment, Internet

Overall, the portfolio weighted average rent per occupied square foot was $30.72 as of December 31, 2023, compared to $30.48 as of December 31, 2022.

Key Points: 
  • Overall, the portfolio weighted average rent per occupied square foot was $30.72 as of December 31, 2023, compared to $30.48 as of December 31, 2022.
  • Supplementary schedules provide property information for the Company’s owned and consolidated properties as of December 31, 2023.
  • Today’s news release, along with other news about Franklin Street Properties Corp., is available on the Internet at www.fspreit.com .
  • A conference call is scheduled for February 27, 2024, at 11:00 a.m. (ET) to discuss the fourth quarter and full year 2023 results.

AHF Condom Ad Goes Bananas in Chicago

Retrieved on: 
Tuesday, December 12, 2023
Lifestyle, LGBTQ+, Health, General Health, Women, Marketing, Advertising, Communications, Men, Infectious Diseases, Consumer, Behavior, STI, Jewish Healthcare Center (Worcester), Armenian American Wellness Center, AHF, Multimedia, Fruit, City, AIDS Healthcare Foundation, Pharmacy, Syphilis, Gonorrhea, HIV, Attitude, AIDS, Nightclub, Birth control, Franklin Street, Closet

AIDS Healthcare Foundation ’s (AHF) “Just Use It” billboard campaign now is running in three new cities – Chicago, New York City, and Miami – after several national out-of-home advertising companies refused the artwork back in August.

Key Points: 
  • AIDS Healthcare Foundation ’s (AHF) “Just Use It” billboard campaign now is running in three new cities – Chicago, New York City, and Miami – after several national out-of-home advertising companies refused the artwork back in August.
  • “It’s ridiculous we couldn’t run an ad with a condom-clad banana.
  • It’s just a piece of fruit,” said Michael Weinstein, AHF president and cofounder.
  • To learn more about AHF, visit us online at AIDShealth.org , find us on Facebook , follow us on Instagram , Twitter , and TikTok , and subscribe to our AHFter Hours podcast.

Franklin Street Properties Corp. Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Consolidated, Sun Belt, Sale, NYSE, I, Sponsor, Funds from operations, News, GAAP, Note, Soldiers' and Sailors' Monument (Indianapolis), European Globalisation Adjustment Fund for Displaced Workers, Net income, Investment, FFO, Foot, Internet, Bank statement, Franklin Street, FSP, Samsung Galaxy Note (2011 smartphone), VIE, Forest Park, Monument, Webcast, Variable interest entity, Note 2, Financial instrument, Alert messaging, Current research information system, Real estate, Commercial property, Self storage, Bank, Cryptocurrency, Online shopping

Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the third quarter ended September 30, 2023.

Key Points: 
  • Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the third quarter ended September 30, 2023.
  • We remain committed to seeking to sell select properties during 2023 and using proceeds primarily for debt reduction.
  • Today’s news release, along with other news about Franklin Street Properties Corp., is available on the Internet at www.fspreit.com .
  • A conference call is scheduled for November 8, 2023, at 11:00 a.m. (ET) to discuss the third quarter 2023 results.

Baboo Unveils Its New York City Showroom & Retail Store

Retrieved on: 
Thursday, October 26, 2023
Franklin Street, Personality, Collection, Happiness, Interior design, Baboo

NEW YORK, Oct. 26, 2023 (GLOBE NEWSWIRE) -- BaBoo , the renowned global design marketplace, is thrilled to announce the grand opening of its New York City showroom and retail store in Tribeca.

Key Points: 
  • NEW YORK, Oct. 26, 2023 (GLOBE NEWSWIRE) -- BaBoo , the renowned global design marketplace, is thrilled to announce the grand opening of its New York City showroom and retail store in Tribeca.
  • From furniture to kitchenware, decorative objects, children's products, aromatics, lighting fixtures, rugs, and carpets, BaBoo caters to a wide audience, including wholesale buyers, interior designers, and discerning consumers.
  • It seamlessly blends indoor and outdoor elements, engaging all five senses and creating an immersive environment that transcends traditional shopping.
  • Established in 2013, BaBoo is known for its collection of ethically sourced, one-of-a-kind, and rare handcrafted items from around the world.

Franklin Street Promotes Monetha Cobb to Chief Marketing Officer: Rapidly expanding commercial real estate company calls for newly created, Atlanta-based CMO position

Retrieved on: 
Tuesday, October 17, 2023
Monetha, Woman, Region, Atlanta (magazine), Commercial property, Franklin Street (Chapel Hill), Cobb, TruAmerica Multifamily, Franklin Street, Trustee, Growth, City, Marketing, Street, Capitol, Atlanta Business Chronicle, New Zealand Women of Influence Awards, CMO, Management, Cryptocurrency

ATLANTA, Oct. 17, 2023 /PRNewswire-PRWeb/ -- Franklin Street, a full-service commercial real estate firm, announces the appointment of Monetha Cobb as the company's first-ever Chief Marketing Officer (CMO). Cobb, who joined the company in 2010 as a founding member of its Atlanta office, is now responsible for shaping and implementing Franklin Street's national marketing strategy to support growth initiatives throughout all business lines. From the firm's Atlanta office, this real estate veteran leads a team throughout the Southeast.

Key Points: 
  • Franklin Street, a full-service commercial real estate firm, announces the appointment of Monetha Cobb as the company's first-ever Chief Marketing Officer (CMO).
  • ATLANTA, Oct. 17, 2023 /PRNewswire-PRWeb/ -- Franklin Street, a full-service commercial real estate firm, announces the appointment of Monetha Cobb as the company's first-ever Chief Marketing Officer (CMO).
  • Prior to joining Franklin Street, Cobb launched her real estate career at The Shopping Center Group, ending her tenure there as partner.
  • Additionally, she was named an Atlanta Power Woman in Commercial Real Estate in 2014 and 2018 by Bisnow.

Franklin Street Properties Corp. Announces Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 1, 2023
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Note 2, Samsung Galaxy Note (2011 smartphone), Note, Investment, Bank statement, Innsbrook, Foot, VIE, Soldiers' and Sailors' Monument (Indianapolis), GAAP, Tenant, I, Variable interest entity, Sale, FSP, Internet, FFO, Financial instrument, Sun Belt, General Services Administration, Current research information system, European Globalisation Adjustment Fund for Displaced Workers, Funds from operations, Forest Park, Sponsor, Net income, Franklin Street, Alert messaging, Webcast, Monument, Commonwealth, Consolidated, NYSE, News, Real estate, Commercial property, Cryptocurrency, Self storage, Property management, Online shopping

Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the second quarter ended June 30, 2023.

Key Points: 
  • Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the second quarter ended June 30, 2023.
  • During the six months ended June 30, 2023, we leased approximately 445,000 square feet, including 176,000 square feet of new leases.
  • Today’s news release, along with other news about Franklin Street Properties Corp., is available on the Internet at www.fspreit.com .
  • A conference call is scheduled for August 2, 2023 at 11:00 a.m. (ET) to discuss the second quarter 2023 results.

Clarience Technologies Partners with 2023 Chevrolet Detroit Grand Prix Presented by Lear

Retrieved on: 
Tuesday, May 16, 2023
Vehicle Technology, Performance & Special Interest, Sports, Off-Road Trucks & SUVs, Motor Sports, Fleet Management, Aftermarket, Automotive, Trucking, Transport, Automotive Manufacturing, Other Automotive, Manufacturing, 2022 Chevrolet Detroit Grand Prix (IMSA), Trans-Am Series, Partnership, Atwater Avenue, Firestone, ECCO, Multimedia, Athlete, Headquarters, Digital technology, Pirelli, Jefferson Avenue, Franklin Street, Lear, Detroit, Grand Prix, NTT, Detroit Grand Prix (IndyCar), RIGID, NXT, Nightclub

Clarience Technologies has announced its partnership with the Chevrolet Detroit Grand Prix presented by Lear.

Key Points: 
  • Clarience Technologies has announced its partnership with the Chevrolet Detroit Grand Prix presented by Lear.
  • The 2023 Chevrolet Detroit Grand Prix presented by Lear will feature four racing series on the new Downtown Detroit street circuit, highlighted by the open-wheel stars of the NTT INDYCAR SERIES, June 2-4.
  • “We are pleased to partner with the Chevrolet Detroit Grand Prix presented by Lear and to be part of this iconic event that celebrates Detroit and its automotive heritage,” said Brian Kupchella, CEO of Clarience Technologies.
  • “We are excited to welcome Clarience Technologies as a Grand Prix partner in 2023,” said Michael Montri, President of the Chevrolet Detroit Grand Prix presented by Lear.

Strategic Storage Trust VI, Inc. Acquires First Storage Facility in Vancouver, British Columbia, Canada

Retrieved on: 
Friday, May 5, 2023
Commercial Building & Real Estate, Construction & Property, REIT, Franklin Street, SST, Transport, Acquisition, Grandview–Woodland, Downtown Eastside, Self storage

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of its first self-storage property in Vancouver, British Columbia, Canada.

Key Points: 
  • Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of its first self-storage property in Vancouver, British Columbia, Canada.
  • When fully built out, the facility will be approximately 60,500 net rentable square feet and will include approximately 890 climate-controlled units.
  • As a result, the demand for self storage is high,” said H. Michael Schwartz, CEO and President of SST VI.
  • The facility will be branded under the SmartStop Self Storage umbrella, which owns or manages 26 self-storage properties throughout Canada.

Franklin Street Properties Corp. Announces First Quarter 2023 Results

Retrieved on: 
Tuesday, May 2, 2023
Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Samsung Galaxy Note (2011 smartphone), Note, Investment, Bank statement, COVID-19, Foot, VIE, Soldiers' and Sailors' Monument (Indianapolis), GAAP, I, Variable interest entity, Sale, FSP, NYSE, Internet, FFO, Financial instrument, Sun Belt, Current research information system, European Globalisation Adjustment Fund for Displaced Workers, Funds from operations, Sponsor, Net income, Franklin Street, Alert messaging, Webcast, Monument, Consolidated, News, Note 2, Real estate, Commercial property, Bank, Self storage, Property management, Online shopping

Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the first quarter ended March 31, 2023.

Key Points: 
  • Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the first quarter ended March 31, 2023.
  • During the three months ended March 31, 2023, we leased approximately 129,000 square feet, including 48,000 square feet of new leases.
  • Today’s news release, along with other news about Franklin Street Properties Corp., is available on the Internet at www.fspreit.com .
  • A conference call is scheduled for May 3, 2023 at 11:00 a.m. (ET) to discuss the first quarter 2023 results.