Added to YB: 2025-08-20
Pitch date: 2025-08-18
FSP [neutral]
Franklin Street Properties Corp.
-39.8%
current return
Author Info
Liquidation stocks is focused on liquidation and wind downs of listed stocks. I cover USA, Canada, UK, Europe, Australia, NZL, Japan, Hong Kong and other countries. Sign up for the newsletter.
Company Info
Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.
Market Cap
$108.9M
Pitch Price
$1.61
Price Target
6.03 (+523%)
Dividend
3.81%
EV/EBITDA
10.08
P/E
-2.36
EV/Sales
2.97
Sector
Office REITs
Category
special_situation
Liquidations Watchlist: Franklin Street Properties Corp.
FSP (liquidation watchlist): Urban CBD office properties (4.8M sq ft) in Dallas, Denver, Houston, Minneapolis. 70% leased. Strategic review announced May, could include asset/company sale. Stopped earnings calls signals potential transaction. Book value $6.03 but likely overstated. Sunbelt office market tied to O&G sector. 2-year timeframe.
Read full article (1 min)