Franklin Street Properties Corp FSP, an investment firm specializing in real estate, today announced that it increased total availability under its credit facility entered into in February 2011 from $500 million to $600 million by fully exercising its $100 million accordion feature. The increase in total availability was achieved through increased commitment levels from Regions Bank and BBVA Compass and the addition of a new participating bank, Comerica Bank. There were no other changes to the terms or maturity of the New Revolver.
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