Third quarter funds from operations (FFO) dipped slightly to $60.7 million at Newton-based CommonWealth REIT, compared to $60.8 million in FFO for the same period last year.

Net income available for common shareholders was $53.1 million for the quarter ended Sept. 30, compared to $59.5 million for the same quarter last year. Net income for the quarter ended Sept. 30 includes gains of $45.8 million from the sale of properties and the issuance of shares by an equity investee. Net income for the quarter ended Sept. 30, 2009 includes gains of $50.1 million from the sale of properties.

FFO available for common shareholders for the nine months ended Sept. 30 was $180.9 million, compared to $187.5 million in FFO for the same period last year.

Net income available for common shareholders was $75.1 million for the nine months ended Sept. 30, compared to $136.9 million for the same quarter last year.

As of Sept. 30, 86.4 percent of CWH’s total square feet was leased, compared to 86 percent as of June 30, and 88.2 percent as of Sept. 30, 2009.

CWH signed lease renewals for almost 1.3 million square feet and new leases for 733,000 square feet during the quarter ended Sept. 30, which had weighted average rental rates that were 3 percent above prior rents for the same space. Average lease terms for leases signed during the third quarter of 2010 were 5.8 years. Commitments for tenant improvement and leasing commission (TI/LC) costs for leases signed during the quarter ended Sept. 30 totaled $13.04 per square foot on average.