Franklin Street Properties (FSP)

Overall impact
D (37)

Commentary

Franklin Street Properties is a below-average overall performer. With a 'D' rating of 36.7 for overall impact (bottom 25% of all companies), Franklin Street Properties ranks 29th out of 32 industry peers, behind Equity Commonwealth, Mack Cali Realty, City Office REIT and 25 others, and ahead of Uro Property Holdings, Apn Industria REIT, and Centuria Office REIT. On top material causes for Franklin Street Properties's industry (REIT), Franklin Street Properties performs poorly in Equal Pay and Opportunity (33.8 score), Reduced Waste (38.4), No Poverty (35.9) and 8 other causes where it received a 'D' or 'F' score. Franklin Street Properties did not receive an 'A' rating on any cause.
Impact
Cause FSP
Peer rank
Overall impact

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Impact trend

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Company
Employees
28
Sector
Real Estate
Industry
Office REITs
Sub-industry
Office REITs
SASB industry
Real Estate
Headquarters
Ma, United States
Share classes
FSP
Description
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 Mountain West, as well as select opportunistic markets. FSP is focused on long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes. FSP's real estate operations include property acquisitions and dispositions, short-term financing, leasing, development and asset management. As of March 31, 2025, the Company owned a portfolio of real estate consisting of 14 owned properties and one consolidated Sponsored REIT. The Company may also pursue, on a selective basis, the sale of its properties in order to take advantage of the value creation and demand for its properties, for geographic, property specific reasons or for other general corporate purposes.
Material causes
Ethos considers the following causes material for Franklin Street Properties, based on its industry sub-industry Office REITs. Learn more about material causes in our methodology overview.

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