---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-014227"
form_type: "8-K"
ticker: "FSP"
cik: "0001031316"
company_name: "FRANKLIN STREET PROPERTIES CORP /MA/"
filed_at: "2022-09-07T23:59:59+00:00"
generated_at: "2026-06-23T13:39:35.223293+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Franklin Street Properties sells two Colorado office buildings for $102.5M; records $24M gain and repays term loan

## Summary
- Sold 380 & 390 Interlocken Crescent in Broomfield, CO for $102.5M gross.
- Expects to record ~$24M gain on sale in Q3 2022.
- Used proceeds to prepay $110M Bank of America term loan in full on Sept 6, 2022.
- Term loan would have matured Jan 12, 2023.
- Pro forma shows reduction in debt and interest expense.

## SEC filing metadata
- accession: 0001558370-22-014227
- form_type: 8-K
- ticker: FSP
- cik: 0001031316
- company_name: FRANKLIN STREET PROPERTIES CORP /MA/
- filed_at: 2022-09-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031316/000155837022014227/0001558370-22-014227-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031316/000155837022014227/fsp-20220831x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-014227
- JSON: https://secwatch.observer/filing/0001558370-22-014227.json
- Plain text: https://secwatch.observer/filing/0001558370-22-014227.txt

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