{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-019623","form_type":"8-K","ticker":"FSP","cik":"0001031316","company_name":"FRANKLIN STREET PROPERTIES CORP /MA/","filed_at":"2023-12-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.950678+00:00","generated_at":"2026-06-07T15:58:56.336194+00:00","sec_items":["2.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Franklin Street Properties sells two office properties for $116M total; proceeds for debt repayment","bullets":["Closed sale of Blue Lagoon Dr, Miami (213,182 sq ft) for $68M on Dec 6, 2023.","Closed sale of 7500 Dallas Pkwy, Plano, TX for $48M on Oct 26, 2023.","Combined gross proceeds of $116M; primarily for repaying debt.","Pro forma net loss per share improves to ($0.34) for 9M 2023 from historical ($0.50)."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-019623","json":"https://secwatch.observer/filing/0001558370-23-019623.json","markdown":"https://secwatch.observer/filing/0001558370-23-019623.md","text":"https://secwatch.observer/filing/0001558370-23-019623.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1031316/000155837023019623/0001558370-23-019623-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1031316/000155837023019623/fsp-20231206x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T15:58:56.336194+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":"1c356e21ee020819b22dfb5182cb4e1fbfeb5490","claim":"FRANKLIN STREET PROPERTIES CORP /MA/ completed a disposition involving LEN Blue Lagoon, LLC (as successor-in-interest to Lennar Homes, LLC) for gross purchase price was $68,000,000 (closed 2023-12-06).","evidence_excerpt":"other than in respect of the Agreement and the Lease, among the Seller and the Buyer, or any of their respective affiliates. The gross purchase price for the Property was $68,000,000. The Registrant intends to use the proceeds from the sale of the Property primarily for the repayment of debt. --- EX-99.1 (EX-99.1) --- SELECTED COMBINING CONDENSED","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1031316/000155837023019623/0001558370-23-019623-index.htm","confidence":0.95,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"LEN Blue Lagoon, LLC (as successor-in-interest to Lennar Homes, LLC)"},{"label":"Consideration","value":"gross purchase price was $68,000,000"},{"label":"Closing","value":"2023-12-06"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}