Franklin Street Properties
Real Estate · Massachusetts, United States · 11-50 Employees
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Overview
Headquarters
401 Edgewater Pl Ste 200, Wakefield, Mas...Phone Number
(800) 950-6288Website
www.fspreit.comRevenue
$105.9 MillionStock Symbol
FSPIndustry
ZI Rank: 2
Signal Type
Feb
Mar
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Jun
Jul
ZI Rank
2
4
2
2
2
2
About Franklin Street Properties
Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes.Explore more
Franklin Street Properties Org Chart
GT
Vice President - Director Investor Relation a...
YH
Vice President, Financial Reporting
JW
Vice President, Asset Manager
CM
Vice President, Corporate Reporting
LR
Manager, Legal & Assistant Vice President & A...
TW
Assistant VP, Asset Management
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Franklin Street Properties financials insights
Gather financial insights about Franklin Street Properties, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2026
Debt
$320M
Franklin Street Properties Tech Stack
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Most Recent Scoops
Funding
Funding
Project
finalized approximately 616,000 square feet of total leasing during 2024, including approximately 252,000 square feet during Q4. The company is currently tracking over 600,000 square feet of prospective new tenants and approximately 500,000 square feet of potential renewals and expansions.
Business Development, Real Estate, Leasing
Divestiture
completed the sale of three properties for total gross proceeds of approximately $100 million in 2024, including the sale of Pershing Park Plaza in Atlanta for $34 million in Q4. Since late 2020, the company has completed approximately $1.1 billion in gross property sales, resulting in an approximately 75% reduction in corporate indebtedness.
Divestitures, Real Estate, Finance
Divestiture
Franklin Street Properties News & Media
Franklin Street Properties Corp. (FSP) Q4 2025 Earnings Call Prepared Remarks Transcript
Franklin Street Properties Corp. (FSP) Q4 2025 Earnings Call March 10, 2026 10:00 AM EDTCompany ParticipantsScott Carter - Executive VP, General Counsel...Franklin Street Properties Secures $320M Credit Facility to Refinance Debt | Intellectia.AI
- **Successful Financing**: Franklin Street Properties has successfully closed a $320 million secured credit facility, significantly enhancing liquidi...Franklin Street Properties Corp. Closes $320 Million Secured Credit Facility Refinancing All ...
WAKEFIELD, Mass., February 27, 2026--Franklin Street Properties Corp. (the "Company", "FSP", "our" or "we") (NYSE American: FSP) announced today that it has closed a $320 million secured credit facility (the "Facility") with an affiliate of TPG Credit (the "Lender"). The Company repaid in full all of its outstanding $248.9 million aggregate principal amount of indebtedness in an initial drawdown of $258.5 million under the Facility, net of original issue discount of $16.5 million (the "InitialFranklin Street Properties Corp. Declares Quarterly Dividend
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP) announced today that its Board of Directors declared a quarterly dividend of $0.01 per share of common stock for the period April 1, 2025 through June 30, 2025, payable on August 14, 2025 to stockholders of record as of July 25, 2025. This press release, along with other news about FSP, is available on the Internet at www.fspreit.com. We routinely post information
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Frequently Asked Questions Regarding Franklin Street Properties
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Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP is... Read More
