<- Go home

Added to YB: 2026-01-13

Pitch date: 2026-01-09

FSP [neutral]

Franklin Street Properties Corp.

-55.74%

current return

Author Info

Engineer and investor. Looking for companies with inflecting earnings and a margin of safety. Sign up for the newsletter.

Company Info

Franklin Street Properties Corp. is focused on infill and central business district (CBD) office properties in the U.

Market Cap

$37.5M

Pitch Price

$0.90

Price Target

1.50 (+275%)

Dividend

N/A

EV/EBITDA

7.43

P/E

-0.89

EV/Sales

2.54

Sector

Office REITs

Category

special_situation

Show full summary:
Phenom Capital 2025 Portfolio Update - Part [2/2] - Franklin Street Properties Corp.

FSP (holding update): Beaten-down office REIT at 0.15x book value under strategic review since May 2025. Decent sunbelt properties but low occupancy. 2026 debt wall but refinancing ongoing. Properties valued at low $/sqft, potential sale >$1.50 target = 50%+ upside.

Read full article (1 min)