Business
Franklin Street Properties Corp. Provides Additional Update on Review of Strategic Alternatives
WAKEFIELD, Mass., February 05, 2026--Franklin Street Properties Corp. (NYSE American: FSP) ("FSP" or the "Company") announced today that it is providing an additional update on its previously announced review of strategic alternatives. On May 14, 2025, FSP announced that its Board of Directors had initiated a review of strategic alternatives in order to explore ways to maximize shareholder value. On November 21, 2025, FSP provided an initial update on its review of strategic alternatives. The re
About this update from Franklin Street Properties Corp.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":298,"url":"https://media.zenfs.com/en/business-wire.com/344661e455ead8611119d3a89589a042"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/886fiLnOV9nGqYkpeKIn3w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU5NjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/344661e455ead8611119d3a89589a042","width":480,"height":298}},"lazy":false},{"type":"text","content":"WAKEFIELD, Mass., February 05, 2026--(BUSINESS WIRE)--Franklin Street Properties Corp. (NYSE American: FSP) ("FSP" or the "Company") announced today that it is providing an additional update on its previously announced review of strategic alternatives. On May 14, 2025, FSP announced that its Board of Directors had initiated a review of strategic alternatives in order to explore ways to maximize shareholder value. On November 21, 2025, FSP provided an initial update on its review of strategic alternatives. The review remains ongoing and includes a range of potential strategic alternatives, including a sale of the Company, a sale of assets, and a refinancing of existing indebtedness, among others. BofA Securities is acting as FSP’s financial advisor in connection with the review.","length":808,"tagName":"p"},{"type":"text","content":"George J. Carter, Chairman and CEO of FSP provided the following statement: "The process we first announced in May 2025 to review strategic alternatives in order to explore ways to maximize shareholder value remains ongoing. As initially announced in the Company’s November 21, 2025 press release, FSP remains in active negotiations with a potential lender to refinance all of its existing indebtedness prior to the maturity date of the Company’s existing indebtedness. We look forward to continuing to update the market as and when appropriate."","length":556,"tagName":"p"},{"type":"text","content":"No assurances can be given regarding the outcome or timetable for completion of the proposed refinancing transaction or the strategic review process.","length":149,"tagName":"p"},{"type":"text","content":"This press release, along with other news about FSP, is available on the Internet at www.fspreit.com. We routinely post information that may be important to investors in the Investor ...