- Franklin Street Properties has a persistent record of underperformance, making a long-term investment unattractive.
- Market reports and recent office transactions demonstrate the stock's massive discount to NAV.
- Management has been taking advantage of the discount by selling its office assets at low cap rates.
- Leverage has reduced greatly, decreasing future investment risk.
- FSP's high capex spending could normalize over the next several years, allowing for the company to cover its high dividend yield.
For further details see:
Franklin Street Properties: Management Needs To Sell The Company