0.39
-9.97%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Franklin Street Properties
From its filings with the US Securities and Exchange Commission
Franklin Street Properties is based in Wakefield, Massachusetts and is incorporated in Massachusetts. Its shares trade on NYSE under the ticker FSP. The SEC classifies its business as real estate investment trusts. In the fiscal year to 31 December 2025, it reported revenue of $107.2m and a net loss of $45.0m. At that date it held total assets of $892.9m and shareholders' equity of $607.0m.
We are a REIT focused on commercial real estate investments primarily in office markets and currently operate in only one segment: real estate operations. The principal revenue sources for our real estate operations include rental income from real estate leasing, property dispositions and fee income from asset/property management and development.
Our current strategy is to focus on infill and central business district office properties in the United States sunbelt and mountain west regions as well as select opportunistic markets. We believe that the United States sunbelt and mountain west regions have macro-economic drivers that have the potential to increase occupancies and rents. We are focused on long-term growth and appreciation.
Previously we also operated in an investment banking segment, which was discontinued in December 2011. Our investment banking segment generated brokerage commissions, loan origination fees, development services and other fees related to the organization of single-purpose REITs that own real estate and the private placement of equity in those entities.
From time-to-time we may acquire real estate or invest in real estate by making secured loans on real estate. We may also pursue on a selective basis the sale of our properties to take advantage of the value creation and demand for our properties, or for geographic or property specific reasons.
Quoted from its 10-K, filed 9 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Real Estate
- Industry
- Equity Real Estate Investment Trusts (REITs)
- Listed since
- 2 Jun 2005
- Employees
- 37
- Website
- fspreit.com ↗
- Head office
- 401 EDGEWATER PLACE, WAKEFIELD, MA, 01880
- Incorporated in
- MA
- Classification
- Real Estate Investment Trusts
- Filer status
- Accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. George CarterChairman of the Board, Chief Executive Officer, since 2002$306,000
- Mr. Jeffrey CarterPresident, Chief Investment Officer$641,386
- Mr. John DemerittChief Financial Officer, Executive Vice President, Treasurer$642,875
- Mr. Eriel AnchondoChief Operating Officer, Executive Vice President
- Mr. Scott CarterExecutive Vice President, General Counsel, Secretary$598,158
- Mr. John DonahueExecutive Vice President$588,963
- Ms. Georgia MurrayLead Independent Director$90,938
- Mr. John BurkeIndependent Director$90,938
- Mr. Dennis McgillicuddyIndependent Director$81,563
- Mr. Bruce SchanzerIndependent Director$6,522
- Mr. Milton WilkinsIndependent Director$81,563
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 48
- Environment
- 31
- Social
- 48
- Governance
- 64
- Direct emissions (scope 1)
- 1,124 t
- Energy emissions (scope 2)
- 39,951 t
- Women in the workforce
- 46.4%
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Franklin Street Properties Corp possesses several strengths that contribute to its success:
Weaknesses
- Despite its strengths, Franklin Street Properties Corp also faces certain weaknesses:
Opportunities
- Franklin Street Properties Corp can capitalize on the following opportunities:
Threats
- Franklin Street Properties Corp must navigate the following threats:
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.