Franklin Street Properties Corp. (FSP)
Franklin Street Properties Corp. operates in the REIT - Office industry of the Real Estate sector, headquartered in Wakefield, MA, US. The stock last traded at $0.45, up 1.16% on the session, giving a market capitalisation of $46.3M. On trailing twelve-month figures it carries a trailing P/E of -1.11, a net margin of -39.4%. Its beta of 0.84 implies it has historically moved less than the broad market.
Franklin Street Properties Corp. (FSP), a company based in Wakefield, Massachusetts, specializes in acquiring and developing office real estate. Its investment focus centers on properties within central business districts (CBDs) and other dense urban "infill" locations across the U.S. Sunbelt and Mountain West areas, as well as carefully selected emerging markets. FSP adopts a value-oriented investment approach, aiming to secure assets that promise both significant long-term growth and capital appreciation, alongside reliable current income. As a Maryland corporation, the firm is structured and managed to meet the necessary criteria for classification as a Real Estate Investment Trust (REIT) under federal income tax law.
Franklin Street Properties Corp. is most often compared with the following Real Estate names: