Company research
FRANKLIN STREET PROPERTIES CORP /MA/
CIK 1031316Updated Sep 25, 2026
SecurityFSP · NYSE_AMERICAN · equity
Name history
FRANKLIN STREET PARTNERS LP · through Jan 7, 2002
FSP price & chart
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AMEX:FSP on TradingView ↗About the company
Street Properties Corp. Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on investing in institutional-quality office properties in the U.S. FSP’s strategy is to invest in select urban infill and central business district (CBD) properties, with primary emphasis on our core markets of 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 is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes. To learn more about FSP please visit our website at www.fspreit.com.
In the news
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Recent filings
SCHEDULE 13G/A filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Completion of Acquisition or Disposition of Assets
Items 2.01, 9.01
4 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 892,884,000Source | 946,931,000Source | 1,169,330,000Source | 1,241,666,000Source |
| Property, Plant and Equipment, NetUSD | 136,000Source | 70,000Source | 123,000Source | 154,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 30,571,000Source | 41,121,000Source | 125,530,000Source | 3,739,000Source |
| Accounts Receivable | — | — | — | — |
| Operating Lease, Right-of-Use AssetUSD | 300,000Source | 700,000Source | 300,000Source | 700,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 285,907,000Source | 291,074,000Source | 456,525,000Source | 472,930,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 10,000Source | 10,000Source | 10,000Source | 10,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | — | — | 355,000Source | 4,358,000Source |
| Stockholders' Equity Attributable to ParentUSD | 606,977,000Source | 655,857,000Source | 712,805,000Source | 768,736,000Source |
| Additional Paid in Capital, Common StockUSD | 1,335,586,000Source | 1,335,361,000Source | 1,335,091,000Source | 1,334,776,000Source |
| Liabilities and EquityUSD | 892,884,000Source | 946,931,000Source | 1,169,330,000Source | 1,241,666,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -44,960,000Source | -52,723,000Source | -48,110,000Source | 1,094,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 45,330,000Source | 47,742,000Source | 57,240,000Source | 65,697,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 225,000Source | 270,000Source | 315,000Source | 394,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -812,000Source | -908,000Source | -10,000Source | 247,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 3,753,000Source | 8,987,000Source | 17,866,000Source | 15,234,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -10,306,000Source | 70,284,000Source | 113,636,000Source | 74,039,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 16,415,000Source | 25,213,000Source | 31,637,000Source | 54,910,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | — | — | 4,843,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -5,559,000Source | -164,468,000Source | -10,254,000Source | -123,392,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 4,145,000Source | 4,140,000Source | 4,133,000Source | 53,988,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -12,112,000Source | -85,197,000Source | 121,248,000Source | -34,119,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 30,571,000Source | 42,683,000Source | 127,880,000Source | 6,632,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 21,942,000Source | 24,068,000Source | 25,740,000Source | 21,085,000Source |
| Additional Financial Items | ||||
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | -388,000Source | 3,175,000Source | 7,399,000Source | 2,877,000Source |
| Gain (Loss) on Sale of PropertiesUSD | — | — | — | 27,939,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | 27,939,000Source |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | -12,902,000Source | -20,826,000Source | -23,384,000Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | -12,000Source | -1,042,000Source | -106,000Source | -78,000Source |
| General and Administrative ExpenseUSD | 12,427,000Source | 13,884,000Source | 14,021,000Source | 13,885,000Source |
| Income Tax Expense (Benefit)USD | 189,000Source | 216,000Source | 279,000Source | 204,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -44,960,000Source | -52,723,000Source | -48,110,000Source | 1,094,000Source |
| Operating Lease, Lease IncomeUSD | 107,162,000Source | 120,080,000Source | 145,446,000Source | 163,739,000Source |
| Payments of Financing CostsUSD | — | 5,660,000Source | 2,327,000Source | 2,561,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 107,162,000Source | 120,112,000Source | 145,707,000Source | 165,615,000Source |
| Cost of RevenueUSD | 42,040,000Source | 45,043,000Source | 50,732,000Source | 52,820,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -44,771,000Source | -52,507,000Source | — | — |
| Income Tax Expense (Benefit)USD | 189,000Source | 216,000Source | 279,000Source | 204,000Source |
| Earnings Per Share, BasicUSD per share | -0.43Source | -0.51Source | -0.47Source | 0.01Source |
| Earnings Per Share, DilutedUSD per share | -0.43Source | -0.51Source | -0.47Source | 0.01Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 103,640,000Source | 103,510,000Source | 103,357,000Source | 103,338,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 103,640,000Source | 103,510,000Source | 103,357,000Source | 103,338,000Source |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | 140,005,000Source | 152,841,000Source | 171,009,000Source | 187,941,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 42,609,000Source | 44,774,000Source | 54,738,000Source | 63,808,000Source |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | -388,000Source | 3,175,000Source | 7,399,000Source | 2,877,000Source |
| General and Administrative ExpenseUSD | 12,427,000Source | 13,884,000Source | 14,021,000Source | 13,885,000Source |
| Interest ExpenseUSD | — | — | 24,318,000Source | 22,808,000Source |
| InterestExpenseOperatingUSD | 24,718,000Source | 26,424,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -44,960,000Source | -52,723,000Source | -48,110,000Source | 1,094,000Source |
| Operating Lease, Lease IncomeUSD | 107,162,000Source | 120,080,000Source | 145,446,000Source | 163,739,000Source |
Filing attachments
fsp-20260728xex99d1.htm · 8-K · 2026-07-28
EX-99.1 2 fsp-20260728xex99d1.htm EX-99.1 Exhibit 99.1 PRESS RELEASE Franklin Street Properties Corp. 401 Edgewater Place ● Suite 200 ● Wakefield, Massachusetts 01880 ● (781) 557-1300 ● www.fspreit.com Contact: Georgia Touma (877) 686-9496 For Immediate Release Franklin Street Properties Corp. Announces Second Quarter 2026 Results Wakefield, MA - July 28, 2026 - Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate inve…
Read attachment ↗fsp-20260728xex99d2.htm · 8-K · 2026-07-28
EX-99.2 3 fsp-20260728xex99d2.htm EX-99.2 Exhibit 99.2 Franklin Street Properties Corp. Supplemental Operating & Financial Data 401 Edgewater Place ~Wakefield, MA 01880 781.557.1300.~ www.fspreit.com Second Quarter 2026 Table of Contents ─────────────────────── ` ` …
Read attachment ↗fsp-20260708xex99d1.htm · 8-K · 2026-07-13
EX-99.1 2 fsp-20260708xex99d1.htm EX-99.1 Exhibit 99.1 SELECTED COMBINING CONDENSED CONSOLIDATED PRO FORMA FINANCIAL DATA On July 8, 2026, FSP Greenwood Plaza Corp. (the “Seller”), a wholly-owned subsidiary of Franklin Street Properties Corp. (“FSP Corp.” or the “Registrant”), sold a property located at 6550 and 6560 Greenwood Plaza Boulevard, Englewood, Colorado (the “Property”) to University of Colorado Health (the “Buyer”), pursuant to a Purchase and Sale Agreement dated May 26, 2026, a…
Read attachment ↗fsp-20260428xex99d1.htm · 8-K · 2026-04-28
EX-99.1 2 fsp-20260428xex99d1.htm EX-99.1 Exhibit 99.1 PRESS RELEASE Franklin Street Properties Corp. 401 Edgewater Place ● Suite 200 ● Wakefield, Massachusetts 01880 ● (781) 557-1300 ● www.fspreit.com Contact: Georgia Touma (877) 686-9496 For Immediate Release Franklin Street Properties Corp. Announces First Quarter 2026 Results Wakefield, MA - April 28, 2026 - Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate inve…
Read attachment ↗fsp-20260428xex99d2.htm · 8-K · 2026-04-28
EX-99.2 3 fsp-20260428xex99d2.htm EX-99.2 Exhibit 99.2 Franklin Street Properties Corp. Supplemental Operating & Financial Data 401 Edgewater Place ~Wakefield, MA 01880 781.557.1300.~ www.fspreit.com First Quarter 2026 Table of Contents ────────────────────── ` ` …
Read attachment ↗fsp-20260309xex99d1.htm · 8-K · 2026-03-09
EX-99.1 2 fsp-20260309xex99d1.htm EX-99.1 Exhibit 99.1 PRESS RELEASE Franklin Street Properties Corp. 401 Edgewater Place ● Suite 200 ● Wakefield, Massachusetts 01880 ● (781) 557-1300 ● www.fspreit.com Contact: Georgia Touma (877) 686-9496 For Immediate Release Franklin Street Properties Corp. Announces Fourth Quarter and Full Year 2025 Results Wakefield, MA - March 9, 2026 - Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a re…
Read attachment ↗