Franklin Street Properties Corp is a company that invests in commercial real estate in office markets. Its operations include renting out properties for income, making secured loans on office properties for interest income, and managing and developing assets for fee income. They focus on the markets in Atlanta, Dallas, Denver, Houston, and Minneapolis and currently own around 32 properties in their real estate portfolio.
The Company’s real estate operations include property acquisitions and dispositions, short-term financing, leasing, development, and asset management. The Company acquires and develops office properties in CBDs and infill locations; makes bridge loans secured by real estate; provides construction oversight of development projects; provides project monitoring services to lenders; manages its portfolio on a fee basis; and provides asset management services to third-party clients. The Company’s real estate investments are located in Atlanta, Dallas, Denver, Houston, Minneapolis, and other cities.
Franklin Street’s portfolio is diversified across market segments including office, industrial, and retail properties. The company focuses on locating value-add opportunities where it can capitalize on the potential appreciation of its investments over time. The company is focused on creating long-term shareholder value through prudent capital management and strategic growth initiatives.
Franklin Street also has a strong commitment to corporate social responsibility, with an emphasis on sustainability initiatives in its portfolio and operations.
The company is dedicated to environmental stewardship and strives to deliver quality service that is innovative and sustainable. With the goal of delivering long-term returns for its shareholders, Franklin Street Properties Corp remains dedicated to a disciplined approach to real estate investment. The company continues to seek attractive opportunities in both existing and emerging markets with an eye toward maximizing value through acquisitions, development/redevelopment projects, loan originations, and asset/property management services.
As of December 31, 2022, Franklin Street Properties Corp owned and operated a portfolio of real estate consisting of 32 properties across the United States. The company is well-positioned to capitalize on strategic opportunities in the evolving commercial real estate market.