Franklin Street Properties Q3 net loss widens 9% year on year to $9.1 million
FSP•Franklin Street Properties’ third-quarter 2026 net loss widened 9% year over year to $9.1 million, while revenue fell 9% to $24.93 million. The portfolio was 66.2% leased at September 30, and the company plans to pursue individual asset and subportfolio sales in the fourth quarter.
1. Quarterly results
Franklin Street Properties reported a third-quarter 2026 net loss of $9.1 million, up 9% year over year, as revenue fell 9% to $24.93 million. Its portfolio was 66.2% leased at September 30, 2026, down from December 2025 because lease expirations exceeded new executed leases. Following an expanded strategic review, the company plans to pursue individual asset and subportfolio sales in the fourth quarter.
