Franklin Street Properties Corp. Announces Third Quarter 2024 Results
Franklin Street Properties Corp. (FSP)
NASDAQ:AMEX Investor Relations:
franklinstreetproperties.com
Company Research
Source: Business Wire
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 third quarter ended September 30, 2024.George J. Carter, Chairman and Chief Executive Officer, commented as follows:“As the fourth quarter of 2024 begins, we continue to believe that the current price of our common stock does not accurately reflect the value of our underlying real estate assets. We will seek to increase shareholder value by continuing to (1) pursue the sale of select properties when we believe that short to intermediate term valuation potential has been reached and (2) strive to increase occupancy through leasing of vacant space. We intend to use proceeds from property dispositions primarily for debt reductions.During the third quarter of 2024, we leased a total of approximately 92,000 square feet of office space within our approximately 5.0 million square foot directly–
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FSP
News
- Franklin Street Properties Corp. (NYSE: FSP) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Franklin Street Properties Corp. to Announce Third Quarter 2024 ResultsBusiness Wire
- Franklin Street Properties Corp. Declares Quarterly DividendBusiness Wire
- Franklin Street Properties Corp. (NYSE: FSP) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Franklin Street Properties Corp. (NYSE: FSP) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
FSP
Earnings
- 10/29/24 - In-Line
FSP
Sec Filings
- 11/5/24 - Form SCHEDULE
- 11/5/24 - Form SC
- 11/4/24 - Form SC
- FSP's page on the SEC website