Debt Reduction Success
Since initiating the disposition strategy in late 2020, Franklin Street Properties Corp. has completed approximately $1.1 billion in property sales, contributing to a nearly 75% reduction in corporate indebtedness.
Increased National Office Transaction Volumes
National office transaction volumes rose by 22% in 2024 from the lows of 2023 and accelerated in Q1 2025, finishing 31% higher year-over-year.
Growing Leasing Pipeline
FSP is tracking approximately 800,000 square feet of prospective new tenants, including 300,000 square feet of prospects that have identified FSP assets on their shortlists.
Strong Demand in Texas Markets
Consistent strong demand was observed in Texas, particularly in the Houston energy corridor, with Dallas also showing a pickup in tenant market activity.