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Franklin Street Properties Corp. (FSP)On Jan 5: 14.51   0.00 (0.00%)  
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Franklin Street Properties Corp.
401 Edgewater Place
Suite 200
Wakefield, MA 01880-6210
United States - Map
Phone: 781-557-1300
Fax: 781-246-2807
Web Site: http://www.franklinstreetproperties.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:REIT - Diversified
Full Time Employees:41

BUSINESS SUMMARY 
Franklin Street Properties Corp. provides real estate and investment banking/investment services in the United States. The company’s Real Estate Operations segment involves in real estate rental operations, leasing, and secured financing of real estate for interim acquisition or other property financing, as well as provides asset management, property management, property acquisitions, dispositions, and development. As of December 31, 2008, it owned and operated a portfolio of 29 real estate properties, which include 28 office buildings and 1 industrial use property. The company’s Investment Banking/Investment Services segment involves in the structuring of real estate investments and broker/dealer services that include the organization of Sponsored real estate investment trusts (REITs), the acquisition and development of real estate on behalf of Sponsored REITs, and the raising of capital to equitize the Sponsored REITs through sale of preferred stock in private placements. This segment offers investment banking/investment services primarily to institutions and high net-worth individuals. The company has elected to be taxed as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. Franklin Street Properties Corp. was founded in 1981 and is headquartered in Wakefield, Massachusetts.
Key Statistics

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    CORPORATE GOVERNANCE 
    Franklin Street Properties Corp.'s Corporate Governance Quotient (CGQ®) as of 3-Jan-10 is better than 1.5% of S&P 600 companies and 9.3% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. George J. Carter , 61
    Chief Exec. Officer, Pres
    $ 225.00KN/A
    Mr. John G. Demeritt , 50
    Chief Financial Officer, Principal Accounting Officer and Exec. VP
    $ 360.00KN/A
    Ms. Barbara J. Fournier , 54
    Chief Operating Officer, Exec. VP, Sec., Treasurer
    $ 390.00KN/A
    Mr. William W. Gribbell , 50
    Exec. VP
    $ 540.00KN/A
    Mr. R. Scott MacPhee , 52
    Exec. VP
    $ 515.00KN/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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