Franklin Street Properties Corp.
FSP
$1.76
-$0.06-3.30%
AMEX
Corporate Info
Website
Phone Number
781 557 1300
Address
401 Edgewater Place
Suite 200
Wakefield, MA 01880
Suite 200
Wakefield, MA 01880
Country
United States
Year Founded
1981
Details
Sector
Real Estate
Industry
Equity Real Estate Investment Trusts (REITs)
Employees
28
Business Decription
Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP is focused on long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes. FSP’s real estate operations include property acquisitions and dispositions, short-term financing, leasing, development and asset management. As of March 31, 2025, the Company owned a portfolio of real estate consisting of 14 owned properties and one consolidated Sponsored REIT. The Company may also pursue, on a selective basis, the sale of its properties in order to take advantage of the value creation and demand for its properties, for geographic, property specific reasons or for other general corporate purposes.