Franklin Street Properties Q2 FY26 net loss widens to $16.6 million; revenue slips 1.35% to $26.36 million

Reuters2026/07/28 20:27

By:Reuters

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Franklin Street Properties posted a GAAP net loss of USD 16.6 million, or USD 0.16 a share, versus a USD 7.9 million loss a year earlier.
FFO was USD 1.6 million, or USD 0.02 a share, down from USD 2.5 million, or USD 0.02 a share, a year earlier.
Revenue edged down to USD 26.36 million from USD 26.72 million in the prior-year quarter.
Portfolio occupancy slipped to 67.4% leased from 68.9% at Dec. 31, with about 170,000 square feet leased in the first half.
Strategic review expanded with BofA Securities and JLL as co-advisers; Greenwood Plaza sold for about USD 19.4 million, with USD 8.5 million used to repay debt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Franklin Street Properties Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202607281624BIZWIRE_USPR_____20260728_BW963512) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Franklin Street Properties Q2 FY26 net loss widens to $16.6 million; revenue slips 1.35% to $26.36 million

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