Franklin Street Properties

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.
Company Growth (employees)
Type
Public
HQ
Wakefield, US
Founded
1997
Size (employees)
39 (est)
Franklin Street Properties was founded in 1997 and is headquartered in Wakefield, US

Franklin Street Properties Office Locations

Franklin Street Properties has an office in Wakefield
Wakefield, US (HQ)
401 Edgewater Pl

Franklin Street Properties Financials and Metrics

Franklin Street Properties Financials

Franklin Street Properties's revenue was reported to be $243.9 m in FY, 2015
USD

Revenue (Q3, 2017)

68.6 m

Net income (Q3, 2017)

1.9 m

Market capitalization (11-Dec-2017)

1.1 b

Cash (30-Sep-2017)

12.6 m
Franklin Street Properties's current market capitalization is $1.1 b.
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%
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

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 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 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 m

Interest expense

5.5 m7.2 m6.9 m6.9 m6.2 m6.4 m6.4 m6.4 b6.4 b6.8 b7.6 b7.9 b8.3 m
USDFY, 2013FY, 2014FY, 2015

Cash

19.6 m7.5 m18.2 m

Total Assets

2 b1.9 b1.9 b

Accounts Payable

44.1 m42.6 m49.5 m

Additional Paid-in Capital

1.3 b1.3 b1.3 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

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 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 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 b
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

Cash From Operating Activities

92 m103.2 m10.6 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015

Net Income

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

Depreciation and Amortization

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

Interest Paid

5.5 m7.2 m6.9 m6.9 m6.2 m
USDY, 2017

Revenue/Employee

1.8 m

Financial Leverage

2.3 x
Show all financial metrics

Franklin Street Properties Market Value History

Franklin Street Properties's Web-traffic and Trends

Franklin Street Properties Company Life and Culture

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