secwatch.observer — SEC 8-K summary
======================================

Issuer:     FRANKLIN STREET PROPERTIES CORP /MA/ (FSP)
CIK:        0001031316
Form:       8-K
Filed at:   2026-07-13T20:25:17+00:00
Accession:  0001104659-26-083120
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031316/000110465926083120/0001104659-26-083120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031316/000110465926083120/fsp-20260708x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-083120

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer