Franklin Street Properties Corp. (NYSE:FSP) closed its last session at $7.61. The stock traded within a range of $7.08 and $7.70. The company operates in the Real Estate sector with a market capitalization of 825910. Trading volume for Franklin Street Properties Corp. was 1.25 Million in its previous trading session. Currently, Franklin Street Properties Corp. (NYSE:FSP) has an average volume of 494.9 Million.
Franklin Street Properties Corp., a real estate investment trust, is focused on investing in institutional-quality office properties in major U.S. markets. FSP’s strategy is to invest in select urban infill and central business district (CBD) properties, with primary emphasis on their top five markets of Atlanta, Dallas, Denver, Houston, and Minneapolis. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP’s primary real estate operations include property acquisitions and dispositions, leasing, development and asset management. FSP has also been a cyclical investor in San Diego, Silicon Valley, Greater Boston, Raleigh-Durham, and Greater Washington, DC, and will continue to monitor these markets, as well as other markets, for