Franklin Street Properties Corp. (“FSP”), a real estate investment trust (REIT) based in Wakefield, Massachusetts, is focused on investing in institutional-quality office properties in major U.S. markets. FSP’s strategy is to invest in select urban infill and central business district (CBD) properties, with primary emphasis on our top five markets of Atlanta, Dallas, Denver, Houston, and Minneapolis. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP’s primary real estate operations include property acquisitions and dispositions, leasing, development and asset management. FSP began operations in 1997 and became a publicly-traded company in June 2005.
Type
Public
HQ
Wakefield, US
Founded
1997
Size (employees)
39 (est)
Franklin Street Properties was founded in 1997 and is headquartered in Wakefield, US
Report incorrect company information

Franklin Street Properties Office Locations

Franklin Street Properties has an office in Wakefield
Wakefield, US (HQ)
401 Edgewater Pl
Show all (1)
Report incorrect company information

Franklin Street Properties Financials and Metrics

Franklin Street Properties Revenue

Franklin Street Properties's revenue was reported to be $243.87 m in FY, 2015 which is a 2.3% decrease from the previous period.
USD

Revenue (Q1, 2018)

66.9 m

Net income (Q1, 2018)

1.4 m

Market capitalization (18-Jul-2018)

912.5 m

Closing share price (18-Jul-2018)

8.5
Franklin Street Properties's current market capitalization is $912.5 m.
Annual
USDFY, 2013FY, 2014FY, 2015

Revenue

213.6 m249.7 m243.9 m

Revenue growth, %

17%(2%)

EBIT

20.5 m16.2 m14.7 m

EBIT margin, %

10%6%6%
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

58.4 m63.3 m62.7 m61.2 m60.5 m60.2 m61.9 m59.8 b60.8 b63.3 b68.8 b68.4 b68.6 m66.9 m

General and administrative expense

3.5 m3.3 m3.1 m3.1 m3.7 m3.4 m3.1 m3.5 b3.5 b3.4 b3.4 b3.1 b3.3 m3.4 m

Operating expense total

53.9 m59.1 m58.4 m59 m58 m57.1 m58.3 m56.9 b57.3 b60.6 b66.1 b65.1 b66.3 m65.3 m

Depreciation and amortization

24 m
Annual
USDFY, 2013FY, 2014FY, 2015

Cash

19.6 m7.5 m18.2 m

Total Assets

2 b1.9 b1.9 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

25.5 m20 m18.5 m15.9 m14.9 m15.8 m19.1 m14.3 m7.5 m13.4 m11.1 m11.5 m12.6 m

Total Assets

2.1 b2 b2 b2 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b2.1 b2 b2 b2 b

Accounts Payable

39.9 m34.4 m34.6 m40.2 m36.1 m39.2 m42.2 m37.8 m41.5 m54 m50.5 m55.2 m57.6 m53.3 m

Total Liabilities

1 b993.3 m975.9 m968.9 m921.1 m984.6 m992.1 m948.3 m1 b977.5 m1.1 b1.1 b1.1 b1.1 b
Annual
USDFY, 2013FY, 2014FY, 2015

Net Income

19.8 m13.1 m35 m

Depreciation and Amortization

81.3 m97.9 m91.4 m

Accounts Payable

49.5 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q1, 2018

Net Income

4.1 m3.6 m3.7 m1.6 m12.5 m1.4 m

Depreciation and Amortization

22.2 m24.3 m23.6 m24.9 m22.7 m24.7 m

Cash From Operating Activities

15.1 m

Cash From Investing Activities

(10.2 m)
USDY, 2018

Financial Leverage

2.3 x
Show all financial metrics
Report incorrect company information

Franklin Street Properties News and Updates

Report incorrect company information

Franklin Street Properties Company Life and Culture

Report incorrect company information