01:03 PM EST, 11/21/2025 (MT Newswires) -- Franklin Street Properties ( FSP ) said Friday it continues to evaluate a range of strategic alternatives as part of a review launched earlier this year to maximize shareholder value.

The real estate investment trust said its board of directors initiated the process on May 14 and is considering options that include a sale of the company, the divestiture of assets or a refinancing of existing debt. BofA Securities is serving as the company's financial adviser.

Franklin Street Properties ( FSP ) said the strategic review process continues and specifically it is currently in active talks with a potential lender to refinance all of its existing debt.

Shares of the company were up more than 5% in recent Friday trading.

Price: 0.95, Change: +0.05, Percent Change: +5.73