Craft

Franklin Street Properties

Stock Price

$1.9

2024-10-29

Market Capitalization

$191.6 M

2024-10-29

Revenue

$120.1 M

FY, 2024

Franklin Street Properties Summary

Company Summary

Overview
Franklin Street Properties Corp. (“FSP”), a real estate investment trust (REIT) focusing 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 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. 
Type
Public
Status
Active
Founded
1997
HQ
Wakefield, MA, US | view all locations
Website
https://www.fspreit.com
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Jeffrey B. Carter, President, Chief Investment Officer

    • John G. Demeritt, Executive Vice President, Chief Financial Officer and Treasurer

      • Scott H. Carter, Executive Vice President, General Counsel and Secretary

        • Eriel Anchondo, Executive Vice President, Chief Operating Officer

          LocationsView all

          1 location detected

          • Wakefield, MA HQ

            United States

            401 Edgewater Pl

          Franklin Street Properties Financials

          Summary Financials

          Revenue (Q1, 2025)
          $27.1M
          Gross profit (Q1, 2025)
          $17.0M
          Net income (Q1, 2025)
          ($21.4M)
          Cash (Q1, 2025)
          $30.2M
          Enterprise value
          $286.3M

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