secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN STREET PROPERTIES CORP /MA/ (FSP)
CIK:        0001031316
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001558370-23-017249
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Franklin Street Properties sells Plano office building for $48M, expects ~$10.6M gain in Q4 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031316/000155837023017249/0001558370-23-017249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031316/000155837023017249/fsp-20231026x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-017249

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