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14.05.25 - 12:36
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Franklin Street Properties Corp. Announces Review of Strategic Alternatives (Business Wire)
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WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (NYSE American: FSP) (“FSP” or the “Company”) announced today that its Board of Directors has initiated a review of strategic alternatives in order to explore ways to maximize shareholder value. The review will include a range of potential strategic alternatives, including a sale of the Company, a sale of assets, and a refinancing of existing indebtedness, among others.
“The Board of Directors is committed to maximizing value for all our shareholders,” stated George J. Carter, Chairman and CEO. "We believe that FSP's share price does not adequately reflect the underlying value of our real estate, and, accordingly, we have undertaken this strategic review process to explore opportunities to eliminate this disconnect."
FSP has engaged BofA Securities as its financial advisor in connection with the review.
No assurances can be given regarding the outcome or timetable for completion of the strategic review process. FSP ...
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29.04.25 - 22:33
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Franklin Street Properties Corp. Announces First Quarter 2025 Results (Business Wire)
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WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the first quarter ended March 31, 2025.
George J. Carter, Chairman and Chief Executive Officer, commented as follows:
“We continue to prioritize two primary objectives: The first is to advance our leasing efforts to improve occupancy across the portfolio. Despite the modest level of actual leasing during the first quarter of 2025, we are encouraged by the current level of prospective leasing activity in our active pipeline, which is more robust than we have seen during the past several years and includes some larger potential space requirements from tenants that are considering several of our properties. The second objective is to continue to pursue select property dispositions, should they make sense to sell relative to their respective short to intermediate term value creation potential. Accordin...
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22.04.25 - 22:30
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Franklin Street Properties Corp. to Announce First Quarter 2025 Results (Business Wire)
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WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its results for the first quarter 2025 after the market closes on Tuesday, April 29, 2025. The Company will hold a conference call/webcast with the investment community to discuss the results at 11:00 AM ET on Wednesday morning, April 30, 2025.
To access the call, please dial 888-440-4368 and use conference ID 5398803. Internationally, the call may be accessed by dialing 646-960-0856 and using conference ID 5398803. To listen via live audio webcast, please visit the Webcasts & Presentations section in the Investor Relations section of the Company's website (www.fspreit.com) at least ten minutes prior to the start of the call and follow the posted directions. The webcast will also be available via replay from the above location starting one hour after the call is finished.
This press release, along wit...
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07.04.25 - 22:21
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Franklin Street Properties Corp. Declares Quarterly Dividend (Business Wire)
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WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP) announced today that its Board of Directors declared a quarterly dividend of $0.01 per share of common stock for the period January 1, 2025 through March 31, 2025, payable on May 8, 2025 to stockholders of record as of April 17, 2025.
This press release, along with other news about FSP, is available on the Internet at www.fspreit.com. We routinely post information that may be important to investors in the Investor Relations section of our website. We encourage investors to consult that section of our website regularly for important information about us and, if they are interested in automatically receiving news and information as soon as it is posted, to sign up for E-mail Alerts.
About Franklin Street Properties Corp.
Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and...
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11.02.25 - 22:30
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Franklin Street Properties Corp. Announces Fourth Quarter and Full Year 2024 Results (Business Wire)
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WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the fourth quarter and the year ended December 31, 2024.
George J. Carter, Chairman and Chief Executive Officer, commented as follows:
“During the fourth quarter of 2024, we leased a total of approximately 252,000 square feet of office space within our approximately 4.8 million square foot directly–owned property portfolio.
As previously reported, on October 23, 2024, we completed the sale of our last property in Atlanta, Georgia. The property, known as Pershing Park Plaza, sold for a gross selling price of $34 million. On October 25, 2024, we repaid approximately $27.4 million of our debt with a portion of the net proceeds from the Pershing Park Plaza disposition. As of October 25, 2024 and December 31, 2024, our total indebtedness was approximately $250.3 million, equivalent to approximately $5...
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04.02.25 - 22:33
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Franklin Street Properties Corp. to Announce Fourth Quarter and Full Year 2024 Results (Business Wire)
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WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its results for the fourth quarter and full year 2024 after the market closes on Tuesday, February 11, 2025. The Company will hold a conference call/webcast with the investment community to discuss the results at 11:00 AM ET on Wednesday morning, February 12, 2025.
To access the call, please dial 888-440-4368 and use conference ID 5398803. Internationally, the call may be accessed by dialing 646-960-0856 and using conference ID 5398803. To listen via live audio webcast, please visit the Webcasts & Presentations section in the Investor Relations section of the Company's website (www.fspreit.com) at least ten minutes prior to the start of the call and follow the posted directions. The webcast will also be available via replay from the above location starting one hour after the call is finished.
This press...
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23.01.25 - 00:42
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XFRA : DIVIDEND/INTEREST INFORMATION - 24.01.2025 - US35471R1068 (XETRA)
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Das Instrument WVH US35471R1068 FRANKLIN ST.PPTYS DL-0001 EQUITY wird cum Dividende/Zinsen gehandelt am 23.01.2025 und ex Dividende/Zinsen am 24.01.2025
The instrument WVH US35471R1068 FRANKLIN ST.PPTYS DL-0001 EQUITY has its pre-dividend/interest day on 23.01.2025 and its ex-dividend/interest day on 24.01.2025...
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16.01.25 - 22:48
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Franklin Street Properties Corp. Announces Tax Composition of 2024 Distributions (Business Wire)
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WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”) (NYSE American: FSP) announced today the tax composition of its 2024 distributions. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of FSP distributions.
Ticker Symbol: FSP
Common Stock (CUSIP # 35471R106)
2024
2024
2024
2024 Total
Unrecap.
Total
Taxable
Taxable
Capital
2024
Section
Record
Payable
Distribution
Ordinary
Qualified
Gain
Return of
1250
Section 199A
Date
Date
per Share
Dividend
Dividend
Distribution
Capital
Gain
Distribution
1/26/24
2/15/24
$
0.01
$
-
$
-
$
-
$
0.010000
$
-
$
-
4/19/24
5/9/24
$
0.01
$
-
$
-
$
-
$
0.010000
$
-
$
-
7/19/24
8/8/24
$
0.01
$
-
$
-
$
-
$
0.010000
$
-
$
-
10/18/24
11/7/24
$
0.01
$
-
$
-
$
-
$
0.010000
$
-
$
-
Totals
$
0.04
$
-
$
-
$
-
$
0.040000
$
-
$
-
This press release, along with other news about FSP, is available on the Internet at www...
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10.01.25 - 18:33
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Franklin Street Properties Corp. Declares Quarterly Dividend (Business Wire)
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WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP) announced today that its Board of Directors declared a quarterly dividend of $0.01 per share of common stock for the period October 1, 2024 through December 31, 2024, payable on February 13, 2025 to stockholders of record as of January 24, 2025.
This press release, along with other news about FSP, is available on the Internet at www.fspreit.com. We routinely post information that may be important to investors in the Investor Relations section of our website. We encourage investors to consult that section of our website regularly for important information about us and, if they are interested in automatically receiving news and information as soon as it is posted, to sign up for E-mail Alerts.
About Franklin Street Properties Corp.
Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. ...
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