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.
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 Metrics

Franklin Street Properties Financial Metrics

Revenue (2015)

$243.9 m

Revenue growth (2014-15), %

(2%)

Net income (2015)

$35 m

Market capitalization (21-Mar-2017)

$1.3 b

Closing share price (21-Mar-2017)

$11.9

Cash (31-Dec-2015)

$18.2 m
Franklin Street Properties's current market capitalization is $1.3 b.
Franklin Street Properties's revenue was reported to be $243.9 m in FY, 2015 which is a 2.3% decrease from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

$213.6 m$249.7 m$243.9 m

Revenue growth, %

17%(2%)

Operating expense total

$194.5 m$235.2 m$230.6 m

EBIT

$20.5 m$16.2 m$14.7 m

EBIT margin, %

10%6%6%

Interest expense

$21.1 m$27.4 m$25.4 m

Interest income

$16 k$3 k$1 k

Net Income

$19.8 m$13.1 m$35 m
FY, 2013FY, 2014FY, 2015

Cash

$19.6 m$7.5 m$18.2 m

Accounts Receivable

Inventories

Total Assets

$2 b$1.9 b$1.9 b

Accounts Payable

$44.1 m$42.6 m$49.5 m

Additional Paid-in Capital

$1.3 b$1.3 b$1.3 b

Total Equity

$1.1 b$979.6 m$935.7 m

Financial Leverage

1.9 x2 x2.1 x
FY, 2013FY, 2014FY, 2015

Net Income

$19.8 m$13.1 m$35 m

Depreciation and Amortization

$81.3 m$97.9 m$91.4 m

Accounts Receivable

Inventories

Accounts Payable

$49.5 m

Cash From Operating Activities

$92 m$103.2 m$10.6 m

Cash From Investing Activities

($562.6 m)$1.8 m

Cash From Financing Activities

$469 m($117.1 m)

Interest Paid

$19.6 m$25.6 m

Franklin Street Properties Market Value History

Franklin Street Properties News

Franklin Street Properties Company Life

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