Franklin Street Properties

FSP · NYSE American

$0.3876+$0.0106 (+2.81%)TodayMarket closed · Oct 20, 8:00 PM ET

Prev close $0.377

About FSP

Franklin Street Properties Corp. is an investment company, which engages in the operation of real estate. The firm is focused on commercial real estate investments primarily in office markets and operates in only one segment, being real estate operations. The firm's investment objectives are to create shareholder value by increasing revenue from rental, dividend, interest and fee income and net gains from sales of properties and increase the cash available for distribution in the form of dividends to its stockholders. Its real estate operations market involves real estate rental operations, leasing, secured financing of real estate and services provided for asset management, property management, property acquisitions, dispositions and development. The company owns a portfolio of real estate consisting of approximately 14 owned properties. Its properties include 120 Monument Circle, 121 South 8th Street, 801 Marquette Ave, Park Ten, Addison Circle, Eldridge Green, Park Ten Phase II, and Plaza Seven.

Employees: 28
Headquarters: Wakefield, Maryland
Listed: Jun 2, 2005
Sector: Real Estate
Industry: Office REITs
Website: fspreit.com

Leadership

Franklin Street Properties executives
Name	Title	Since	Age
George Carter	—	2002	76
Jeffrey Carter	—	—	53
John Demeritt	—	—	64
Eriel Anchondo	—	—	47
Scott Carter	—	—	53
John Donahue	—	—	58
Georgia Murray	—	—	74
John Burke	—	—	63
Dennis Mcgillicuddy	—	—	83
Bruce Schanzer	—	—	56
Milton Wilkins	—	—	77

Revenue by product and region

Fiscal year ended Dec 31, 2018: $268.87M total revenue

By product

Property consisting of land, land improvement and buildings.$263.78M98.1%
Represents related party revenue from management fees and interest income from loans.$5.06M1.9%
Property consisting of land, land improvement and buildings, classified as other.$32.00K0.0%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Franklin Street Properties suppliers and customers
Company	Relationship	Country	Correlation
Cyxtera Tech A CYXT	Customer	US	0.45
Aptinyx APTX	Customer	US	0.37
Ranger Oil A ROCC	Customer	US	0.35
EOG Resources EOG	Customer	US	0.31
Devon Energy DVN	Customer	US	0.29
Lennar A LEN	Customer	US	0.23
Olin OLN	Customer	US	0.19
BlackRock BLK	Supplier and customer	US	0.06
Danaher DHR	Customer	US	0.04
Vail Resorts MTN	Customer	US	0.03

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