Franklin Street Properties Corp. (FSP)

Franklin Street Properties Corp.'s stock has experienced notable events in the past six months. The company announced a review of strategic alternatives, including a potential sale or debt refinancing, following a $21.4 million loss in Q1 and a decline in occupancy to 69%. This announcement initially led to a 25% increase in FSP's share price, but analysts remained cautious. The stock experienced a 4.29% decline on October 27, 2025, and an 8.22% drop over the preceding 10 days. The company is expected to release third-quarter 2025 results on October 21, 2025, and declared a quarterly dividend on October 3, 2025.

Specific information regarding the demand seasonality for Franklin Street Properties Corp.'s products and services is not explicitly detailed. Stock seasonality indicates recurring patterns in average returns for FSP stock, with a statistically strong window around November 13, 2025, but this refers to stock performance rather than seasonal fluctuations in the demand for office space itself. The broader office REIT sector has faced headwinds, including weak demand for Class-B properties, high borrowing costs, and the impact of remote work, which are general market conditions rather than seasonal patterns.

Franklin Street Properties Corp. (FSP) is a real estate investment trust (REIT) focused on investing in and managing urban office buildings and central business district (CBD) properties in the U.S. The company operates in the Real Estate sector, specifically the REIT - Office industry, with core business activities including asset management, leasing, property accounting, property acquisition and disposition, property management, and development services. FSP's revenue primarily comes from rental income, property dispositions, and fee income from asset/property management and development activities.

FSP focuses on the U.S. Sunbelt and Mountain West regions, particularly Atlanta, Dallas, Denver, Houston, and Minneapolis. The company also has offices and operations in Charlotte, Illinois, Indiana, and Florida, and recently established a regional headquarters in Austin, Texas. As of June 30, 2025, Franklin Street Properties Corp. owned 14 properties.

Specific information detailing Franklin Street Properties Corp.'s brand reputation is not readily available. However, the company's exploration of strategic alternatives, including a sale, due to weak earnings and low occupancy, and the underperformance of its stock, indirectly reflect challenges in its market standing and investor confidence.

Franklin Street Properties Corp. has a diverse ownership structure. Institutional shareholders own 55.21% of the company, insiders hold 17.89%, and retail investors account for 26.89%. Jonathan Bennett Odle is the largest individual shareholder, owning 9.77% of the company. Major institutional owners include Private Management Group Inc., Newtyn Management LLC, BlackRock, Inc., Bank Of America Corp, and Vanguard Group Inc., with Private Management Group Inc. holding 9.41% and Newtyn Management LLC holding 6.90%.