Franklin Street Properties (FSP)
Leases and manages multi-tenant office buildings across Dallas, Houston, Minneapolis, and Denver.
Something off on this page? Send us feedback.
Leases and manages a compact portfolio of multi-tenant office buildings across Dallas–Fort Worth, Houston, Minneapolis, and Denver, earning contractual rent from commercial leases. Asset sales support capital recycling and debt repayment within a single real-estate-operations segment.
Operates a single real-estate-operations segment centered on leasing and managing multi-tenant office buildings. Contractual rent from commercial leases supplies the revenue base; selected asset sales recycle capital and can support debt repayment. The portfolio spans Dallas–Fort Worth and Houston, Minneapolis, and Denver, following a Denver-area property sale.
Targets established infill and central-business-district locations, then maintains and upgrades buildings, seeks to lease vacant space, and sells selected assets when management believes their value potential has been reached. Office demand and lease rollover are tied to work-from-home and return-to-office policies; concentration in its markets and energy-sector exposure also shape occupancy. REIT qualification, secured-debt covenants, and environmental, accessibility, safety, building, and land-use requirements govern the business.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $22.5M · Total debt $254.1M · Total assets $864.9M · Shareholders' equity $580.0M
- Revenue
- $26.4M
- Operating income
- −$9.0M
- Net income
- −$16.6M
HistoryDividendAnnual yield
| Institutions | 54.95% | 57.15M shares | |
|---|---|---|---|
| 113 holders · as of Jun 30, 2026 | |||
| Other | 45.05% | 46.86M shares | |
| remainder | |||
104.01M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
The Vanguard GroupInstitution | 15.02% | 15.63M | filed Feb 10, 2022 |
Private Management Group IncInstitution | 9.77% | 10.16M | as of Jun 30, 2026 |
Fuller & Thaler Asset Management, Inc.Institution | 6.93% | 7.21M | filed Feb 8, 2022 |
Newtyn Management, LLCInstitution | 6.87% | 7.15M | as of Jun 30, 2026 |
Converium Capital Inc.Institution | 6.35% | 6.61M | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Piedmont Realty Trust
Class A office leasing across Dallas, Houston, and Minneapolis.
- Cousins Properties
Sun Belt Class A office leasing in Dallas and Houston.
- Highwoods Properties
Premium Dallas office leasing with newer, amenity-rich space.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Franklin Street Properties | $0.3331 | +0.03% | $34.6M | — | — | 0.3 | −1.4% |
| Piedmont Realty Trust | $9.18 | −2.08% | $1.17B | — | — | 2.1 | +29.7% |
| Cousins Properties | $28.27 | −2.18% | $4.76B | 706.6 | 73.6 | 4.6 | +11.8% |
| Highwoods Properties | $29.82 | −3.04% | $3.39B | 20.2 | 35.4 | 4.1 | +7.9% |
| Median | 363.4 | 54.5 | 4.1 | +11.8% |