Franklin Street Properties (FSP) Tops Q1 EPS by 6c

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Franklin Street Properties Corp. Announces First Quarter 2023 Results

May 2, 2023 4:30 PM EDT

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 first quarter ended March 31, 2023.

George J. Carter, Chairman and Chief Executive Officer, commented as follows:

As the second quarter of 2023 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 (1) pursuing the sale of select properties where we believe that short to... More