Profile: Franklin Street Properties Corp (FSP)
17 Mar 2018
Franklin Street Properties Corp., incorporated on October 9, 2001, is a real estate investment trust (REIT). The Company is focused on commercial real estate investments primarily in office markets. The Company operates through the real estate operations segment. The Company's investment objectives are to create shareholder value by increasing revenue from rental, dividend, interest and fee income and net gains from sales of properties, and increase the cash available for distribution in the form of dividends to its stockholders. As of December 31, 2016, the Company owned and operated a portfolio of real estate consisting of 36 office properties, which were located in 12 states. The Company provides asset management, property management, property accounting, and investor and development services to its portfolio and certain of its Sponsored REITs through its subsidiaries, FSP Investments LLC and FSP Property Management LLC.
The Company's properties include 678-686 Hillview Drive in Milpitas, California; 600 Forest Point Circle in Charlotte, North Carolina; 14151 Park Meadow Drive in Chantilly, Virginia; 1370 and 1390 Timberlake Manor Parkway in Chesterfield, Missouri; 50 Northwest Point Road in Elk Grove Village, Illinois; 1350 Timberlake Manor Parkway in Chesterfield, Missouri; 4807 Stonecroft Blvd in Chantilly, Virginia; 16285 Park Ten Place in Houston, Texas; 15601 Dallas Parkway in Addison, Texas; 5505 Blue Lagoon Drive in Miami, Florida; 380 Interlocken Crescent in Broomfield, Colorado; 45925 Horseshoe Drive in Sterling, Virginia, and 3625 Cumberland Boulevard in Atlanta, Georgia. The Company focuses on investing in select urban infill and central business district properties, with primary focus on its five markets of Atlanta, Dallas, Denver, Houston and Minneapolis.
Franklin Street Properties Corp
401 Edgewater Pl Ste 200
WAKEFIELD MA 01880-6207