Steven Dumanski

- Franklin Street Properties Corp. reported a **GAAP net loss of $8.3 million**, or **$0.08 per basic and diluted share**, for the three months ended September 30, 2025.  **[1031316_0da1062218b742e6abea18769ec0e5d2_0]**  For the same period, **Funds From Operations (FFO)** was **$2.3 million**, or **$0.02 per basic and diluted share**.  **[1031316_0da1062218b742e6abea18769ec0e5d2_0]** 
- As of September 30, 2025, the company's directly-owned real estate portfolio was approximately **68.9% leased**, a decrease from 70.3% leased as of December 31, 2024.  **[1031316_0da1062218b742e6abea18769ec0e5d2_1]**  During the nine months ended September 30, 2025, FSP leased approximately **274,000 square feet** of space.  **[1031316_0da1062218b742e6abea18769ec0e5d2_1]** 
- The Board of Directors is continuing its **strategic review process** with financial advisor BofA Securities to explore ways to maximize shareholder value, including potential sale of the company or assets.  **[1031316_0da1062218b742e6abea18769ec0e5d2_0]** **[1031316_0da1062218b742e6abea18769ec0e5d2_1]** 
- A quarterly cash dividend of **$0.01 per share** for the three months ended September 30, 2025, was declared on October 3, 2025, and is payable on November 6, 2025.  **[1031316_0da1062218b742e6abea18769ec0e5d2_1]**

Franklin Street Properties Corp. Announces Third Quarter 2025 Results

- Franklin Street Properties Corp. reported a **GAAP net loss of $8.3 million** (or **$0.08 per basic and diluted share**) and **Funds From Operations (FFO) of $2.3 million** (or **$0.02 per basic and diluted share**) for the third quarter ended September 30, 2025.  **[1031316_0001104659-25-103203_fsp-20251028xex99d1.htm:0]** 
- As of September 30, 2025, the company's directly-owned real estate portfolio was approximately **68.9% leased**, a decrease from 70.3% as of December 31, 2024.  **[1031316_0001104659-25-103203_fsp-20251028xex99d1.htm:0]** 
- The Board of Directors is continuing its strategic review process with BofA Securities to explore ways to maximize shareholder value, considering options such as a sale of the company or assets.  **[1031316_0001104659-25-103203_fsp-20251028xex99d1.htm:0]** **[1031316_0001104659-25-103203_fsp-20251028xex99d1.htm:1]** 
- A quarterly cash dividend of **$0.01 per share** was declared for the third quarter ended September 30, 2025, and the company has suspended its Net Income (Loss), FFO, and property disposition guidance due to economic conditions and uncertainty surrounding property dispositions.  **[1031316_0001104659-25-103203_fsp-20251028xex99d1.htm:1]**

FRANKLIN STREET PROPERTIES CORP /MA/ (FSP)