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 Data and Metrics

Franklin Street Properties Financial Metrics

Franklin Street Properties's revenue was reported to be $243.9 m in FY, 2015 which is a 2% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2015)

243.9 m

Revenue growth (FY, 2014 - FY, 2015), %

(2%)

Net income (FY, 2015)

35 m

EBIT (FY, 2015)

14.7 m

Market capitalization (22-Jun-2017)

1.2 b

Closing share price (22-Jun-2017)

11

Cash (31-Dec-2015)

18.2 m
Franklin Street Properties's current market capitalization is $1.2 b.
FY, 2013FY, 2014FY, 2015

Revenue

213.6 m249.7 m243.9 m

Revenue growth, %

17%(2%)

Operating expense total

194.5 m235.2 m230.6 m

EBIT

20.5 m16.2 m14.7 m

EBIT margin, %

10%6%6%

Interest expense

21.1 m27.4 m25.4 m

Interest income

16 k3 k1 k

Net Income

19.8 m13.1 m35 m
FY, 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

Total Equity

1.1 b979.6 m935.7 m

Financial Leverage

1.9 x2 x2.1 x
FY, 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

Cash From Investing Activities

(562.6 m)1.8 m

Cash From Financing Activities

469 m(117.1 m)

Interest Paid

19.6 m25.6 m
Y, 2015

Financial Leverage

2.1 x

Franklin Street Properties Market Value History

Franklin Street Properties News and Updates

Franklin Street Properties Company Life and Culture

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