FRANKLIN RESOURCES INC
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
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FY2024 · Filed Nov 12, 2024
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Item 2. PROPERTIES
We conduct our worldwide operations using a combination of owned and leased facilities. While we believe our facilities are suitable and adequate to conduct our business at present, we will continue to acquire, lease and dispose of facilities throughout the world, as necessary.
We own our San Mateo, California corporate headquarters and various other office buildings in the U.S. and internationally. We lease excess owned space to third parties under leases with terms through 2035. Our owned properties consist of the following:
| Location | Owned SquareFootage | Owned SquareFootage Leasedto Third Parties |
|---|---|---|
| San Mateo, California | 743,793 | 475,183 |
| St. Petersburg, Florida | 560,948 | 379,762 |
| Rancho Cordova, California | 445,023 | 55,770 |
| Hyderabad, India | 379,052 | 23,088 |
| Poznan, Poland | 284,436 | 87,557 |
| Ft. Lauderdale, Florida | 102,246 | 31,705 |
| Edinburgh, Scotland | 87,016 | 24,879 |
| Other | 95,883 | 11,306 |
| Total | 2,698,397 | 1,089,250 |
We lease office space in 17 states in the U.S. and Washington, D.C., and internationally, including Australia, Brazil, Canada, the People’s Republic of China (including Hong Kong), Germany, India, Japan, Luxembourg, Mexico, Singapore, South Korea, United Arab Emirates and the U.K. As of September 30, 2024, we leased and occupied approximately 2,514,000 square feet of office space worldwide, and subleased to third parties approximately 177,000 square feet of excess leased space.
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