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Franklin Street Properties (FSP)

Franklin Street Properties (FSP)
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Franklin Street Properties Corp., a real estate investment trust, is focused on investing in institutional-quality office properties in major U.S. markets. FSP's strategy is to invest in select urban infill and central business district (CBD) properties, with primary emphasis on their top five markets of Atlanta, Dallas, Denver, Houston, and Minneapolis. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP's primary real estate operations include property acquisitions and dispositions, leasing, development and asset management. FSP has also been a cyclical investor in San Diego, Silicon Valley, Greater Boston, Raleigh-Durham, and Greater Washington, DC, and will continue to monitor these markets, as well as other markets, for opportunistic investments.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 120,110 145,710 165,620 209,360 245,850
Sales Growth -17.57% -12.02% -20.89% -14.84% -8.63%
Net Income -52,720 -48,110 1,090 92,720 32,620
Net Income Growth -9.58% -4,513.76% -98.82% +184.24% +403.40%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 946,930 1,169,330 1,241,670 1,364,170 1,793,180
Total Assets Growth -19.02% -5.83% -8.98% -23.92% -2.68%
Total Liabilities 291,070 456,530 472,930 580,970 1,025,090
Total Liabilities Growth -36.24% -3.47% -18.60% -43.33% -2.95%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 8,990 17,870 15,230 36,360 68,450
Operating Cash Flow Growth -49.69% +17.33% -58.11% -46.88% -16.44%
Net Cash Flow -85,200 121,250 -34,120 36,600 -5,640
Change in Net Cash Flow -170.27% +455.36% -193.22% +748.94% -305.76%
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