{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-017249","form_type":"8-K","ticker":"FSP","cik":"0001031316","company_name":"FRANKLIN STREET PROPERTIES CORP /MA/","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.950199+00:00","generated_at":"2026-06-09T01:51:20.276612+00:00","sec_items":["2.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Franklin Street Properties sells Plano office building for $48M, expects ~$10.6M gain in Q4 2023","bullets":["Gross purchase price $48M; proceeds primarily for debt repayment.","Expected gain of approx. $10.57M in Q4 2023.","Property located at 7500 Dallas Parkway, Plano, TX; buyer is Land Legacy LP and Manas Legacy LP.","No material relationships between seller and buyer or their affiliates."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-017249","json":"https://secwatch.observer/filing/0001558370-23-017249.json","markdown":"https://secwatch.observer/filing/0001558370-23-017249.md","text":"https://secwatch.observer/filing/0001558370-23-017249.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1031316/000155837023017249/0001558370-23-017249-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1031316/000155837023017249/fsp-20231026x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T01:51:20.276612+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c48fb684a3d7662c094b48afd0a935089568ff0a","claim":"FRANKLIN STREET PROPERTIES CORP /MA/ completed a disposition involving Land Legacy LP and Manas Legacy LP (as successors-in-interest to LLL Four Forest, LLC) for $48,000,000 (closed 2023-10-26).","evidence_excerpt":"relationships, other than in respect of the Agreement, among the Seller and the Buyer, or any of their respective affiliates. The gross purchase price for the Property was $48,000,000. The Registrant expects to record a gain of approximately $10,570,000 in the fourth quarter of 2023 in connection with the sale of the Property. The Registrant intends to use","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1031316/000155837023017249/0001558370-23-017249-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Land Legacy LP and Manas Legacy LP (as successors-in-interest to LLL Four Forest, LLC)"},{"label":"Consideration","value":"$48,000,000"},{"label":"Closing","value":"2023-10-26"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}