---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-012765"
form_type: "8-K"
ticker: "FSP"
cik: "0001031316"
company_name: "FRANKLIN STREET PROPERTIES CORP /MA/"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T16:35:27.432236+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FSP reports Q2 GAAP net loss of $8.4M; FFO $7.1M; portfolio 75.7% leased

## Summary
- GAAP net loss $8.4M ($0.08/sh) for Q2 2023; FFO $7.1M ($0.07/sh).
- Leased 445k sq ft in H1 2023; portfolio 75.7% leased vs 75.6% at year-end 2022.
- Kaiser lease amendment extends 121k sq ft through 2029; new VA lease for 100k sq ft starting Dec 2023.
- Expects to close sale of Forest Park ($9.2M) in Q3; three additional properties under PSA for ~$156M in Q4.
- Quarterly dividend maintained at $0.01/sh; net income/FFO guidance suspended.

## SEC filing metadata
- accession: 0001558370-23-012765
- form_type: 8-K
- ticker: FSP
- cik: 0001031316
- company_name: FRANKLIN STREET PROPERTIES CORP /MA/
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031316/000155837023012765/0001558370-23-012765-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031316/000155837023012765/fsp-20230801x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-012765
- JSON: https://secwatch.observer/filing/0001558370-23-012765.json
- Plain text: https://secwatch.observer/filing/0001558370-23-012765.txt

## Key facts
- Earnings Releases
  FRANKLIN STREET PROPERTIES CORP /MA/ reported three months ended June 30, 2023 results: net income $8.4 million, EPS $0.08 per basic and diluted share.
  - Period: three months ended June 30, 2023
  - Net income: $8.4 million
  - EPS: $0.08 per basic and diluted share
  - Result: reported results
  source text: GAAP net loss was $8.4 million and $6.0 million, or $0.08 and $0.06 per basic and diluted share for the three and six months ended June 30, 2023, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031316/000155837023012765/0001558370-23-012765-index.htm
- Earnings Releases
  FRANKLIN STREET PROPERTIES CORP /MA/ reported six months ended June 30, 2023 results: net income $6.0 million, EPS $0.06 per basic and diluted share.
  - Period: six months ended June 30, 2023
  - Net income: $6.0 million
  - EPS: $0.06 per basic and diluted share
  - Result: reported results
  source text: GAAP net loss was $8.4 million and $6.0 million, or $0.08 and $0.06 per basic and diluted share for the three and six months ended June 30, 2023, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031316/000155837023012765/0001558370-23-012765-index.htm

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