FSP on NYSE

FRANKLIN STREET PROPERTIES CORP /MA/

FRANKLIN STREET PROPERTIES CORP /MA/ is an American real estate investment trust, incorporated in Massachusetts.1 It is headquartered in Wakefield, Massachusetts.1 Its shares trade on NYSE under the symbol FSP.1

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Last updated Oct 21, 2026.

Overview

Compare with UNIVERSAL HEALTH REALTY INCOME TRUST, Cantor Fitzgerald Income Trust, Inc. or BRT Apartments Corp., or pick any stock.

  • TickerFSP on NYSE1
  • IndustryReal Estate Investment Trusts1
  • HeadquartersWakefield, Massachusetts1
  • Incorporated inMA2
  • Business address401 Edgewater Place, Ste 200, Wakefield, Ma 018802
  • Filer categoryAccelerated filer, Smaller reporting company2

Our company, Franklin Street Properties Corp., which we refer to as FSP Corp., the Company, we or our, is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust, or REIT, for federal income tax purposes. Our common stock is traded on the NYSE American under the symbol “FSP”. FSP Corp. is the successor to Franklin Street Partners Limited Partnership, or the FSP Partnership, which was originally formed as a Massachusetts general partnership in January 1997 as the successor to a Massachusetts general partnership that was formed in 1981. On January 1, 2002, the FSP Partnership converted into FSP Corp., which we refer to as the conversion. As a result of this conversion, the FSP Partnership ceased to exist and we succeeded to the business of the FSP Partnership. In the conversion, each unit of both general and limited partnership interests in th…4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-42.0%Net margin5
-10.8%Revenue growth, 20255
-7.4%Return on equity5
-$12.7MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue39¢$42.0M
  • Other costs61¢$64.9M
  • Income tax0¢$189.0K

Out of $107.2M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending80¢$16.4M
  • Dividends paid20¢$4.1M

Out of $3.8M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5

Financial statements

Revenue67895$107.2M in 2025−60% since 2019
0$100.0M$200.0M$300.0M2019: $269.1M$269.1M20192020: $245.8M$245.8M2020−9%2021: $209.4M$209.4M2021−15%2022: $165.6M$165.6M2022−21%2023: $145.7M$145.7M2023−12%2024: $120.1M$120.1M2024−18%2025: $107.2M$107.2M2025−11%
Net income67895-$45.0M in 2025
-$100.0M-$50.0M0$50.0M$100.0M2019: $6.5M$6.5M20192020: $32.6M$32.6M2020+404%2021: $92.7M$92.7M2021+184%2022: $1.1M$1.1M2022−99%2023: -$48.1M-$48.1M20232024: -$52.7M-$52.7M2024+10%2025: -$45.0M-$45.0M2025−15%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Rental$107.2M$120.1M$145.4M
Total revenues$107.2M$120.1M$145.7M
Real estate operating expenses$42.0M$45.0M$50.7M
Real estate taxes and insurance$18.2M$22.7M$27.2M
Depreciation and amortization$42.6M$44.8M$54.7M
General and administrative$12.4M$13.9M$14.0M
Interest$24.7M$26.4M$24.3M
Total expenses$140.0M$152.8M$171.0M
Loss on extinguishment of debt-$12.0K-$1.0M-$106.0K
Gain on consolidation of Sponsored REIT$394.0K
Loss on sale of properties and impairment of assets held for sale, net-$12.9M-$20.8M-$23.4M
Interest income$986.0K$2.1M$567.0K
Loss before taxes-$44.8M-$52.5M-$47.8M
Tax expense$189.0K$216.0K$279.0K
Net loss-$45.0M-$52.7M-$48.1M
Weighted average number of shares outstanding, basic (in shares)103.6M shares103.5M shares103.4M shares
Weighted average number of shares outstanding, diluted (in shares)103.6M shares103.5M shares103.4M shares
Net loss per share, basic (in dollars per share)-$0.43-$0.51-$0.47
Net loss per share, diluted (in dollars per share)-$0.43-$0.51-$0.47

Compare FRANKLIN STREET PROPERTIES CORP /MA/ with another company

Corporate structure

FRANKLIN STREET PROPERTIES CORP /MA/ sits at the top of its group. 32 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of FRANKLIN STREET PROPERTIES CORP /MA/

  • Powell Anderson Capital Partners LLC Filed SCHEDULE 13D on FRANKLIN STREET PROPERTIES CORP /MA/, latest Oct 14, 2026
  • Bank of America Filed SCHEDULE 13G on FRANKLIN STREET PROPERTIES CORP /MA/, latest Aug 3, 2026 (5 filings since Feb 13, 2024)
  • BlackRock Filed SCHEDULE 13G/A on FRANKLIN STREET PROPERTIES CORP /MA/, latest Jul 28, 2026 (9 filings since Jan 26, 2022)
  • Jonathan Bennett Odle Filed SCHEDULE 13G/A on FRANKLIN STREET PROPERTIES CORP /MA/, latest Nov 12, 2025 (3 filings since May 24, 2023)
  • Converium Capital Inc. Filed SCHEDULE 13D/A on FRANKLIN STREET PROPERTIES CORP /MA/, latest Oct 15, 2025 (5 filings since Nov 5, 2024)
  • Newtyn Management, LLC Filed SC 13G on FRANKLIN STREET PROPERTIES CORP /MA/, latest Nov 14, 2024
  • VANGUARD GROUP INC Filed SC 13G/A on FRANKLIN STREET PROPERTIES CORP /MA/, latest Nov 13, 2024 (7 filings since Feb 10, 2022)
  • FULLER & THALER ASSET MANAGEMENT, INC. Filed SC 13G/A on FRANKLIN STREET PROPERTIES CORP /MA/, latest Nov 12, 2024 (4 filings since Feb 8, 2022)
  • PRIVATE MANAGEMENT GROUP INC Filed SCHEDULE 13G/A on FRANKLIN STREET PROPERTIES CORP /MA/, latest Nov 5, 2024 (2 filings since Feb 2, 2024)
  • Pacific Oak Strategic Opportunity REIT, Inc. Filed SC 13D/A on FRANKLIN STREET PROPERTIES CORP /MA/, latest Jan 11, 2024
  • State Street Corporation Filed SC 13G/A on FRANKLIN STREET PROPERTIES CORP /MA/, latest Feb 9, 2022
  • FRANKLIN STREET PROPERTIES CORP /MA/ Wakefield, Massachusetts
    • FSP 1001 17th Street LLC Subsidiary · Delaware, United States
    • FSP 121 South Eighth Street LLC Subsidiary · Delaware, United States
    • FSP 1999 Broadway LLC Subsidiary · Delaware, United States
    • FSP 303 EWD LLC Subsidiary · Delaware, United States
    • FSP 600 17 th Street LLC Subsidiary · Delaware, United States
    • FSP 801 Marquette Avenue LLC Subsidiary · Delaware, United States
    • FSP Addison Circle Corp. Subsidiary · Delaware, United States
    • FSP Addison Circle Limited Partnership Subsidiary · Texas, United States
    • FSP Collins Crossing Corp. Subsidiary · Delaware, United States
    • FSP Collins Crossing Limited Partnership Subsidiary · Texas, United States
    • FSP Eldridge Green Corp. Subsidiary · Delaware, United States
    • FSP Eldridge Green Limited Partnership Subsidiary · Texas, United States
    • FSP GB LLC Subsidiary · Delaware, United States
    • FSP Greenwood Plaza Corp. Subsidiary · Delaware, United States
    • FSP Holdings LLC Subsidiary · Delaware, United States
    • FSP Innsbrook Corp. Subsidiary · Delaware, United States
    • FSP Investments LLC Subsidiary · Massachusetts, United States
    • FSP Legacy Tennyson Center LLC Subsidiary · Delaware, United States
    • FSP Liberty Plaza Limited Partnership Subsidiary · Texas, United States
    • FSP MC Indianapolis LLC Subsidiary · Delaware, United States
    • FSP One Legacy Circle LLC Subsidiary · Delaware, United States
    • FSP Park Ten Development Corp. Subsidiary · Delaware, United States
    • FSP Park Ten Limited Partnership Subsidiary · Texas, United States
    • FSP Park Ten LLC Subsidiary · Delaware, United States
    • FSP Park Ten Phase II Limited Partnership Subsidiary · Texas, United States
    • and 6 more

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What FRANKLIN STREET PROPERTIES CORP /MA/ reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$98.9M5 Dec 31, 2025$105.3M5 Dec 31, 2024−6.1%
Accumulated depreciation$1.0M5 Dec 31, 2025$1.1M5 Dec 31, 2024−2.4%
Property and equipment, net$136.0K5 Dec 31, 2025$70.0K5 Dec 31, 2024+94.3%
Operating-lease assets (leased space)$300.0K5 Dec 31, 2025$700.0K5 Dec 31, 2024−57.1%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net$793.7M5 Dec 31, 2025$834.9M5 Dec 31, 2024−4.9%
Real estate investments, at cost$1.2B5 Dec 31, 2025$1.2B5 Dec 31, 2024−0.9%
Real estate accumulated depreciation$408.5M5 Dec 31, 2025$377.7M5 Dec 31, 2024+8.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$30.6M5 Dec 31, 2025$41.1M5 Dec 31, 2024−25.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Accumulated amortization$14.6M5 Dec 31, 2025$13.6M5 Dec 31, 2024+7.6%
Finite-lived intangibles, net$2.5M5 Dec 31, 2025$4.2M5 Dec 31, 2024−40.8%

Properties, in its own words

Set forth below is information regarding our properties as of December 31, 2025:

Approx. · Percent · Approx.

The rest of Item 2

Date of · Square · Leased as · Number

Property Location · Purchase (1) · Feet · of 12/31/25 · of Tenants · Major Tenants (2)

Office

16285 Park Ten Place · 6/27/02 · 157,609 · 86.8 · 10 · Blade Energy Partners, Ltd.

Houston, TX 77084 · Baytex Energy USA, Inc.

Edge Engineering & Science, LLC

Liberty Lift Solutions, LLC

15601 Dallas Parkway · 9/30/02 · 289,333 · 67.7 · 11 · Cyxtera Management Inc.

Addison, TX 75001 · WDT Acquisition Corporation

CarOffer, LLC

1293 Eldridge Parkway · 1/16/04 · 248,399 · 100.0 · 1 · CITGO Petroleum Corporation

6550 & 6560 Greenwood Plaza Englewood, CO 80111 · 2/24/05 · 196,236 · 65.0 · 2 · Kaiser Foundation Health Plan, Inc.

16290 Katy Freeway · 9/28/05 · 156,746 · 76.3 · 5 · Olin Corporation

5055 & 5057 Keller Springs Rd. · 2/24/06 · 217,841 · 66.9 · 19 · See Footnote 3

Addison, TX 75001

121 South Eighth Street Minneapolis, MN 55402 · 6/29/10 · 297,744 · 80.4 · 34 · Schwegman, Lundberg & Woessner

801 Marquette Ave. South · 6/29/10 · 129,691 · 91.8 · 3 · Workbox Marquette MN, LLC

Minneapolis, MN 55402 · Greater Minneapolis Convention & Visitor Association

Deluxe Corporation

5100 & 5160 Tennyson Parkway Plano, TX 75024 · 3/10/11 · 209,562 · 60.9 · 6 · ARK-LA-TEX Financial Services, LLC

Moss, Luse & Womble, LLC

10370 & 10350 Richmond Ave. · 11/1/12 · 629,025 · 66.2 · 45 · See Footnote 3

1999 Broadway · 5/22/13 · 682,639 · 50.7 · 25 · United States Government

Denver, CO 80202

1001 17th Street · 8/28/13 · 650,607 · 76.4 · 18 · Permian Resources Operating, LLC

Denver CO, 80202 · Hall and Evans, LLC

Ping Identity Corp.

Approx. · Percent · Approx.

Date of · Square · Leased as · Number

Property Location · Purchase (1) · Feet · of 12/31/25 · of Tenants · Major Tenants (2)

45 South Seventh Street · 6/6/16 · 330,096 · 51.0 · 15 · PwC US Group

Minneapolis, MN 55402

600 17th Street · 12/1/16 · 612,135 · 69.1 · 25 · EOG Resources, Inc.

Denver, CO 80202

Total Owned Portfolio · 4,807,663 · 68.9

(1) · Date of purchase or merged entity date of purchase.

(2) · Major tenants that occupy 10% or more of the space in an individual property.

(3) · No tenant occupies more than 10% of the space.

All of the properties listed above are owned, directly or indirectly, by us. None of our owned properties are subject to any mortgage loans as of December 31, 2025. We have no other material undeveloped or unimproved properties, or proposed programs for material renovation or development of any of our properties in 2026. We believe that our properties are adequately covered by insurance as of December 31, 2025.

The information presented below provides the weighted average GAAP rent per square foot for the year ended December 31, 2025 for our owned properties and weighted occupancy square feet and percentages. GAAP rent includes the impact of tenant concessions and reimbursements.

Weighted

Occupied · Weighted

Year Built · Weighted · Percentage as of · Average

or · Net Rentable · Occupied · December 31, · Rent per Occupied

Property Name · City · State · Renovated · Square Feet · Sq. Ft. · 2025 (a) · Square Feet (b)

121 South 8th Street · Minneapolis · MN · 1974 · 297,744 · 228,697 · 76.8 · 22.96

801 Marquette Ave · Minneapolis · MN · 1923/2017 · 129,691 · 119,108 · 91.8 · 25.97

Plaza Seven · Minneapolis · MN · 1987 · 330,096 · 167,029 · 50.6 · 29.30

Midwest Total · 757,531 · 514,834 · 68.0 · 25.71

Park Ten · Houston · TX · 1999 · 157,609 · 132,518 · 84.1 · 27.45

Addison Circle · Addison · TX · 1999 · 289,333 · 197,267 · 68.2 · 35.43

Eldridge Green · Houston · TX · 1999 · 248,399 · 248,399 · 100.0 · 27.93

Park Ten Phase II · Houston · TX · 2006 · 156,746 · 111,556 · 71.2 · 29.26

Liberty Plaza · Addison · TX · 1985 · 217,841 · 147,980 · 67.9 · 26.43

Legacy Tennyson Center · Plano · TX · 1999/2008 · 209,562 · 109,978 · 52.5 · 32.13

Westchase I & II · Houston · TX · 1983/2008 · 629,025 · 396,789 · 63.1 · 26.44

South Total · 1,908,515 · 1,344,487 · 70.4 · 28.83

1999 Broadway · Denver · CO · 1986 · 682,639 · 333,060 · 48.8 · 34.74

1001 17th Street · Denver · CO · 1977/2006 · 650,607 · 479,562 · 73.7 · 36.64

600 17th Street · Denver · CO · 1982 · 612,135 · 439,084 · 71.7 · 33.85

Greenwood Plaza · Englewood · CO · 2000 · 196,236 · 127,573 · 65.0 · 30.96

West Total · 2,141,617 · 1,379,279 · 64.4 · 34.77

Total Owned Properties · 4,807,663 · 3,238,600 · 67.4 · 30.86

(a) · Based on weighted occupied square feet for the year ended December 31, 2025, including month-to-month tenants, divided by the property’s net rentable square footage.

(b) · Represents annualized GAAP rental revenue for the year ended December 31, 2025 per weighted occupied square foot.

The information presented below is a lease expiration table for ten years and thereafter, stating (i) the number of tenants whose leases will expire, (ii) the total area in square feet covered by such leases, (iii) the annual rental represented by such leases in dollars and by square feet, and (iv) the percentage of gross annual rental represented by such leases.

Rentable · Annualized · Percentage

Number of · Square · Rent · of Total

Year of · Leases · Footage · Annualized · Per Square · Annualized

Lease · Expiring · Subject to · Rent Under · Foot Under · Rent Under

Expiration · Within the · Expiring · Expiring · Expiring · Expiring · Cumulative

December 31, · Year (a) · Leases · Leases (b) · Leases · Leases · Total

2026 · 34 · (c) · 365,916 · 12,569,114 · 34.35 · 12.0 · 12.0

2027 · 35 · 500,108 · 18,191,656 · 36.38 · 17.4 · 29.4

2028 · 25 · 242,046 · 7,957,724 · 32.88 · 7.6 · 37.0

2029 · 40 · 561,561 · 18,213,553 · 32.43 · 17.4 · 54.4

2030 · 20 · 268,950 · 8,662,656 · 32.21 · 8.2 · 62.6

2031 · 21 · 346,964 · 11,496,581 · 33.13 · 11.0 · 73.6

2032 · 8 · 77,324 · 1,733,552 · 22.42 · 1.7 · 75.3

2033 · 10 · 383,978 · 11,685,696 · 30.43 · 11.2 · 86.5

Item 2 of the 10-K filed Mar 9, 2026.4

Leadership

Who has led FRANKLIN STREET PROPERTIES CORP /MA/, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (17)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • FSP 1001 17th Street LLC Delaware3
  • FSP 121 South Eighth Street LLC Delaware3
  • FSP 1999 Broadway LLC Delaware3
  • FSP 303 EWD LLC Delaware3
  • FSP 600 17 th Street LLC Delaware3
  • FSP 801 Marquette Avenue LLC Delaware3
  • FSP Addison Circle Corp. Delaware3
  • FSP Addison Circle LLC Delaware3
  • FSP Addison Circle Limited Partnership Texas3
  • FSP Collins Crossing Corp. Delaware3
  • FSP Collins Crossing LLC Delaware3
  • FSP Collins Crossing Limited Partnership Texas3
  • FSP Eldridge Green Corp. Delaware3
  • FSP Eldridge Green LLC Delaware3
  • FSP Eldridge Green Limited Partnership Texas3
  • FSP GB LLC Delaware3
  • FSP Greenwood Plaza Corp. Delaware3
  • FSP Holdings LLC Delaware3
  • FSP Innsbrook Corp. Delaware3
  • FSP Investments LLC Massachusetts3
  • FSP Legacy Tennyson Center LLC Delaware3
  • FSP Liberty Plaza Limited Partnership Texas3
  • FSP MC Indianapolis LLC Delaware3
  • FSP One Legacy Circle LLC Delaware3
All 35 listed subsidiaries
  • FSP Park Ten Development Corp. Delaware3
  • FSP Park Ten Development LLC Delaware3
  • FSP Park Ten LLC Delaware3
  • FSP Park Ten Limited Partnership Texas3
  • FSP Park Ten Phase II Limited Partnership Texas3
  • FSP Pershing Park Plaza LLC Delaware3
  • FSP Plaza Seven LLC Delaware3
  • FSP Property Management LLC Massachusetts3
  • FSP Protective TRS Corp. Massachusetts3
  • FSP REIT Protective Trust Massachusetts3
  • FSP Westchase LLC Delaware3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • FRANKLIN STREET PARTNERS LPAug 14, 2001 to Jan 7, 20022

Timeline

  1. Jul 28, 20268-K Results of operations36
  2. Jul 13, 20268-K Completed an acquisition or sale37
  3. May 14, 20268-K Shareholder vote38
  4. Apr 28, 20268-K Results of operations39
  5. Mar 9, 20268-K Results of operations40
  6. Mar 4, 20268-K Entered a material agreement; Ended a material agreement; New debt or obligation41
  7. Oct 28, 20258-K Results of operations42
  8. Oct 15, 20258-K Entered a material agreement; Executive or director change43
  9. Jul 29, 20258-K Results of operations44
  10. May 15, 20258-K Shareholder vote45
  11. Apr 29, 20258-K Results of operations46
  12. Mar 10, 20258-K Executive or director change47
  13. May 17, 2006New chief executive George J. Carter becomes CEO14

Calendar

Coming up

  1. Oct 27, 2026Reports results for the quarter ending Sep/202648

When it reported results

  1. Jul 28, 2026Reported quarterly or annual results36
  2. Apr 28, 2026Reported quarterly or annual results39
  3. Mar 9, 2026Reported quarterly or annual results40
  4. Oct 28, 2025Reported quarterly or annual results42
  5. Jul 29, 2025Reported quarterly or annual results44
  6. Apr 29, 2025Reported quarterly or annual results46
  7. Feb 11, 2025Reported quarterly or annual results49
  8. Oct 29, 2024Reported quarterly or annual results50

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

170 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 41 major events, 56 insider forms, 39 large holders, 14 other. The latest 20:

  1. Oct 14, 2026SCHEDULE 13D EDGAR
  2. Aug 3, 2026SCHEDULE 13G EDGAR
  3. Jul 28, 2026SCHEDULE 13G/A EDGAR
  4. Jul 28, 202610-Q EDGAR
  5. Jul 28, 20268-K EDGAR
  6. Jul 13, 20268-K EDGAR
  7. May 29, 20264 OWNERSHIP DOCUMENT EDGAR
  8. May 29, 20264 OWNERSHIP DOCUMENT EDGAR
  9. May 29, 20264 OWNERSHIP DOCUMENT EDGAR
  10. May 29, 20264 OWNERSHIP DOCUMENT EDGAR
  11. May 14, 20268-K EDGAR
  12. Apr 28, 202610-Q EDGAR
  13. Apr 28, 20268-K EDGAR
  14. Apr 2, 2026ARS EDGAR
  15. Apr 2, 2026DEFA14A EDGAR
  16. Apr 2, 2026DEF 14A EDGAR
  17. Mar 9, 202610-K EDGAR
  18. Mar 9, 20268-K EDGAR
  19. Mar 4, 20268-K EDGAR
  20. Feb 11, 2026SCHEDULE 13G/A EDGAR

The 170 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

39 open-market trades by officers, directors and large owners since October 2021: 38 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 16, 2024Carter Jeffrey BPresident & CIOBuy18,500$2.12$39.2KForm 4
Dec 13, 2024Schanzer Bruce JDirectorBuy43,311$1.89$81.9KForm 4
Dec 12, 2024Schanzer Bruce JDirectorBuy40,600$1.89$76.7KForm 4
Dec 11, 2024Schanzer Bruce JDirectorBuy110,589$1.87$206.8KForm 4
Mar 4, 2024HANSEN BRIAN NDirectorBuy50,000$2.33$116.5KForm 4
Nov 13, 2023HANSEN BRIAN NDirectorBuy40,000$2.09$83.6KForm 4
Nov 10, 2023HANSEN BRIAN NDirectorBuy35,000$2.10$73.5KForm 4
Aug 22, 2023HANSEN BRIAN NDirectorBuy2,177$1.80$3.9KForm 4
Aug 21, 2023HANSEN BRIAN NDirectorBuy19,705$1.80$35.5KForm 4
Aug 18, 2023HANSEN BRIAN NDirectorBuy3,118$1.80$5.6KForm 4
Aug 8, 2023HANSEN BRIAN NDirectorBuy10,000$1.79$17.9KForm 4
Aug 7, 2023HANSEN BRIAN NDirectorBuy13,590$1.80$24.5KForm 4
May 26, 2023Odle Jonathan Bennett10% ownerSale365,000$1.42$518.3KForm 4
May 26, 2023HANSEN BRIAN NDirectorBuy50,000$1.43$71.5KForm 4
May 25, 2023HANSEN BRIAN NDirectorBuy50,000$1.47$73.5KForm 4
May 16, 2023HANSEN BRIAN NDirectorBuy100,000$1.48$148.0KForm 4
Mar 9, 2023HANSEN BRIAN NDirectorBuy100,000$2.08$208.0KForm 4
Mar 8, 2023MCGILLICUDDY DENNIS JDirectorBuy25,000$2.13$53.2KForm 4
Mar 7, 2023MCGILLICUDDY DENNIS JDirectorBuy150,000$2.18$327.0KForm 4
Mar 6, 2023MCGILLICUDDY DENNIS JDirectorBuy25,000$2.25$56.2KForm 4

All 39 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Private Management Group Inc10,161,175$5.2M0.1%+107,557
Newtyn Management, LLC7,150,000$3.7M0.5%No change
Converium Capital Inc.6,608,478$3.4M3.2%No change
Bank Of America Corp /de/4,789,235$2.5M0.0%−174,134
Vanguard Capital Management LLC3,736,238$1.9M0.0%+120,472
Guardsman Private Capital Management, Inc.2,869,173$1.5M1.0%No change
Renaissance Technologies LLC1,916,987$987.2K0.0%+224,384
BlackRock, Inc.1,390,429$716.1K0.0%−4,603,852
Confluence Investment Management LLC1,231,656$634.3K0.0%No change
Morgan Stanley1,175,065$605.2K0.0%−570,923
Cambria Investment Management, L.P.1,086,643$559.6K0.0%+210,672
RBF Capital, LLC958,456$493.6K0.0%No change
Aqr Capital Management LLC938,924$483.5K0.0%+615,421
Geode Capital Management, LLC909,782$468.7K0.0%−1,350,845
Jane Street Group, LLC854,669$440.2K0.0%New
Citadel Advisors LLC654,954$337.3K0.0%+542,870
Goldman Sachs Group Inc566,786$291.9K0.0%+27,526
Millennium Management LLC524,705$270.2K0.0%New
Vanguard Fiduciary Trust Co490,602$252.7K0.0%−32,052
Susquehanna International Group, Llp442,807$228.0K0.0%+412,747
Dimensional Fund Advisors LP423,310$218.1K0.0%No change
State Street Corp420,203$216.4K0.0%−1,180,280
Charles Schwab Investment Management Inc399,237$205.6K0.0%−197,871
Two Sigma Investments, LP383,899$197.7K0.0%−43,854
Wittenberg Investment Management, Inc.332,694$171.3K0.1%+172,300

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jan 31, 2022Virginia FoxxRepublican, HouseSale$50,001 - $100,000+164.3%Report
Jan 21, 2022Virginia FoxxRepublican, HouseBuy$50,001 - $100,000−169.3%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How FRANKLIN STREET PROPERTIES CORP /MA/ is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFRANKLIN STREET PROPERTIES CORP /MA/1
  • CIK0001031316
  • Employer ID (EIN)04-35786534
  • Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
  • Incorporated inMaryland4
  • Fiscal year endsDecember 311
  • Industry code (SIC)6798 Real Estate Investment Trusts1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business address401 Edgewater Place, Ste 200, Wakefield, MA 018801
  • Phone78155713001
  • Shares outstanding103,690,340 as of Apr 23, 202612
  • Public float$155.3M as of Jun 30, 20254
  • AuditorErnst & Young LLP, Boston, Massachusetts PCAOB ID 42; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceApr 30, 20011
  • Filings820 in all: 4 (226), 8-K (217), 10-Q (76), SC 13G/A (64), DEF 14A (25), 10-K (24), UPLOAD (21), DEFA14A (20)1
    All 46 form types

    SC 13G (17), 3 (15), ARS (14), CORRESP (13), 424B5 (7), SC 13D/A (7), 4/A (6), 8-K/A (6), S-3ASR (5), S-4/A (5), 10-12G/A (4), 10-Q/A (4), SC 13D (4), SCHEDULE 13G/A (4), PRE 14A (3), 10-K/A (2), 424B7 (2), 5 (2), DEFM14A (2), NT 10-Q (2), PRER14A (2), S-3/A (2), SCHEDULE 13D (2), SCHEDULE 13D/A (2), SCHEDULE 13G (2), 10-12G (1), 10-K405 (1), 424B2 (1), 424B3 (1), 5/A (1), 8-A12B (1), CERTAMX (1), PREM14A (1), REGDEX (1), RW (1), S-3 (1), S-4 (1), S-8 (1)

  • Latest filingsAnnual report (10-K) Mar 9, 2026
    Quarterly report (10-Q) Jul 28, 2026
    Proxy statement (DEF 14A) Apr 2, 2026
    Latest 8-K (8-K) Jul 28, 2026

Securities registered for trading

ClassSymbolExchange
Common StockFSPNYSE American

From the cover page of the 10-K filed Mar 9, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks FRANKLIN STREET PROPERTIES CORP /MA/ names in Item 1A of its 10-K filed Mar 9, 2026: 29 risks under these headings, as written.4

  • Risks Related to our Operations and Properties
  • The long-term impact of the COVID-19 pandemic may continue to have an adverse impact on our financial condition and results of operations. This impact could be materially adverse to the extent that the long-term impact of the COVID-19 pandemic, or future pandemics, cause tenants to be unable to pay their rent or reduce the demand for commercial real estate, or cause other impacts described below.
  • Economic conditions in the United States could have a material adverse impact on our earnings and financial condition.
  • If we are not able to collect sufficient rents from each of our owned real properties, we may suffer significant operating losses.
  • We may not be able to dispose of properties on acceptable terms or within the time periods we anticipate pursuant to our disposition strategy.
  • We are dependent on key personnel and if our Chief Executive Officer and Chairman of the Board of Directors ceases to serve in such position, we may be obligated to pay all outstanding obligations under the Credit Agreement.
  • We face risks from tenant defaults or bankruptcies.
  • New acquisitions may fail to perform as expected.
  • We face risks in owning, developing, redeveloping and operating real property.
  • We may encounter significant delays in reletting vacant space, resulting in losses of income.
  • We face risks of tenant-type concentration.
  • We face risks from geographic concentration.
The other 18 risks
  • We compete with national, regional and local real estate operators and developers, which could adversely affect our cash flow.
  • We face possible risks associated with the physical effects of climate change.
  • Security breaches and other disruptions could compromise our information and expose us to liability, which could cause our business and reputation to suffer.
  • Actual or threatened terrorist attacks may adversely affect our ability to generate revenues and the value of our properties.
  • We may lose capital investment or anticipated profits if an uninsured event occurs.
  • Risks Related to our Indebtedness
  • Failure to comply with covenants in the Credit Agreement could adversely affect our financial condition.
  • Risks Related to Legal and Regulatory Matters
  • We are subject to risks from changes in trade policies and tariffs
  • We are subject to possible liability relating to environmental matters, and we cannot assure you that we have identified all possible liabilities.
  • We are subject to compliance with the Americans With Disabilities Act and fire and safety regulations, any of which could require us to make significant capital expenditures.
  • We face risks associated with our tenants being designated “Prohibited Persons” by the Office of Foreign Assets Control.
  • Risks Related to our Common Stock
  • We have suspended quarterly dividends and may not resume paying dividends on our common stock, and may not elect to resume paying dividends in the foreseeable future or at all.
  • The real properties held by us may significantly decrease in value.
  • Further issuances of equity securities may be dilutive to current stockholders.
  • The price of our common stock may vary.
  • If we fail to comply with the continued listing requirements of the NYSE American stock exchange, our common stock may be delisted and the price of our common stock and our ability to access capital markets could be negatively impacted.
  • Risks Related to our Organization and Structure
  • Our employee retention plan may prevent changes in control.
  • We would incur adverse tax consequences if we failed to qualify as a REIT.
  • Provisions in our organizational documents may prevent changes in control.

Legal proceedings

From time to time, we may be subject to legal proceedings and claims that arise in the ordinary course of our business. Although occasional adverse decisions (or settlements) may occur, we believe that the final disposition of such matters will not have a material adverse effect on our financial position, cash flows or results of operations.

The opening of Item 3, Legal Proceedings.4

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