Franklin Street Properties, the Massachusetts-based property investment firm, has acquired two buildings in Sterling, Virginia for a purchase price of $18,500,000.

The buildings offer approximately 135,000 square feet of rentable space and are 100% leased. The buildings are currently used as flexible space, including office, storage and light assembly/manufacturing.

Franklin Street Properties has owned suburban properties in the greater Washington, D.C. metropolitan area since 2001.

Franklin Street Properties Corp., is focused on achieving current income and long-term growth through investments in commercial properties. The company operates in two business segments: real estate and investment banking/investment services.

It may be noted that recently Franklin has purchased a 127,000-square-foot office building in St. Louis' Lakeside Crossing building park from Duke Realty Corp. for $19.75 million, or about $155 per square foot.