---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-009995"
form_type: "8-K"
ticker: "FSP"
cik: "0001031316"
company_name: "FRANKLIN STREET PROPERTIES CORP /MA/"
filed_at: "2021-08-03T23:59:59+00:00"
generated_at: "2026-06-29T23:02:12.371479+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Franklin Street Properties Q2 net income $0.15/share; sells $237M properties, reduces debt

## Summary
- GAAP net income $16.2M ($0.15/share); FFO $0.14/share; AFFO $0.05/share.
- Sold four properties for ~$237M; repaid $155M term loan and $47.5M revolver.
- Total debt reduced from ~$1B (Sep 2020) to ~$765M; revolver fully available.
- Reaffirmed 2021 disposition guidance $350-$450M gross proceeds; may repurchase up to $50M stock.
- Portfolio leased 78.5% vs 81.0% QoQ; dividend $0.09/share.

## SEC filing metadata
- accession: 0001558370-21-009995
- form_type: 8-K
- ticker: FSP
- cik: 0001031316
- company_name: FRANKLIN STREET PROPERTIES CORP /MA/
- filed_at: 2021-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031316/000155837021009995/0001558370-21-009995-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031316/000155837021009995/fsp-20210803x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-009995
- JSON: https://secwatch.observer/filing/0001558370-21-009995.json
- Plain text: https://secwatch.observer/filing/0001558370-21-009995.txt

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