Franklin Street Properties sells two Colorado office buildings for $19.4M; uses $8.5M to repay debt

FRANKLIN STREET PROPERTIES CORP /MA/

Gross sale price $19.36M for 196,236 sq ft office buildings in Englewood, CO to University of Colorado Health.
Net proceeds ~$17.5M after credits and costs; $8.5M used to repay debt, balance for tenant improvements and general corporate.
Pro forma net loss for FY2025 would increase from $44.96M to $52.7M due to loss on sale.
Transaction closed July 8, 2026; no material relationships between seller and buyer.

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