---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-025272"
form_type: "8-K"
ticker: "FSP"
cik: "0001031316"
company_name: "FRANKLIN STREET PROPERTIES CORP /MA/"
filed_at: "2026-03-09T23:59:59+00:00"
generated_at: "2026-05-15T17:27:35.590237+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Franklin Street Properties reports Q4 net loss $7.3M, suspends dividend

## Summary
- GAAP net loss of $45.0M for full year 2025; Q4 loss $7.3M ($0.07 per share).
- FFO of $11.0M for full year ($0.11 per share); Q4 FFO $3.4M.
- Portfolio occupancy fell to 68.9% from 70.3% year-over-year; leased 413,000 sq ft.
- Board suspends quarterly dividend, preserving ~$4.1M cash annually; reassessment quarterly.
- Closed $320M secured credit facility with TPG Credit affiliate; repaid ~$249M debt.

## SEC filing metadata
- accession: 0001104659-26-025272
- form_type: 8-K
- ticker: FSP
- cik: 0001031316
- company_name: FRANKLIN STREET PROPERTIES CORP /MA/
- filed_at: 2026-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031316/000110465926025272/0001104659-26-025272-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031316/000110465926025272/fsp-20260309x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-025272
- JSON: https://secwatch.observer/filing/0001104659-26-025272.json
- Plain text: https://secwatch.observer/filing/0001104659-26-025272.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
