FSP reports Q2 2025 GAAP net loss of $7.9M; portfolio leasing slips to 69.1%

FRANKLIN STREET PROPERTIES CORP /MA/

2025-Q2 EPS reported -$0.28 revenue$53,822,000

GAAP net loss $7.9M ($0.08/diluted share) for Q2; FFO of $2.5M ($0.02/share).
Portfolio leased 69.1% at June 30, down from 70.3% at Dec 31, 2024; 187K sq ft leased in H1.
Total debt $249.8M as of June 30; company continues strategic review with BofA Securities.
Quarterly dividend declared at $0.01/share, payable Aug 14, 2025, to holders of record July 25.
Net income, FFO and disposition guidance remain suspended due to economic uncertainty.

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