
Franklin Street Properties Corp.
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Business profile
Franklin Street Properties Corp. is a real estate investment trust (REIT) strategically focused on acquiring, managing, and developing a portfolio of high-quality office properties. The company primarily targets infill locations and central business districts within the dynamic U.S. Sunbelt and Mountain West regions, while also considering opportunistic investments in select markets. FSP's investment philosophy centers on identifying value-oriented opportunities that offer the potential for both long-term capital appreciation and consistent current income. By concentrating on these growth-oriented geographic areas and property types, Franklin Street Properties aims to capitalize on favorable demographic and economic trends. The company operates as a Maryland corporation and structures its business to maintain its qualification as a real estate investment trust for federal income tax purposes, a structure that typically allows for pass-through taxation and a focus on distributing earnings to shareholders. This strategic approach positions FSP to deliver value to its investors through a well-managed and geographically diversified portfolio of office assets.