---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-000805"
form_type: "8-K"
ticker: "FSP"
cik: "0001031316"
company_name: "FRANKLIN STREET PROPERTIES CORP /MA/"
filed_at: "2025-02-11T23:59:59+00:00"
generated_at: "2026-05-26T23:12:40.003617+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FSP reports Q4 GAAP net loss of $8.5M; portfolio occupancy down to 70.3%

## Summary
- GAAP net loss of $8.5M ($0.08/diluted share) for Q4 2024; full-year loss $52.7M ($0.51/share).
- FFO of $2.7M ($0.03/share) for Q4, $13.3M ($0.13/share) for full year 2024.
- Portfolio leased 70.3% at Dec 31, 2024, vs 74.0% a year ago; 616,000 sq ft leased in 2024.
- Sold Pershing Park Plaza for $34M in Oct 2024; repaid $27.4M debt, reducing total debt to $250.3M.
- Quarterly dividend maintained at $0.01/share; guidance remains suspended.

## SEC filing metadata
- accession: 0001558370-25-000805
- form_type: 8-K
- ticker: FSP
- cik: 0001031316
- company_name: FRANKLIN STREET PROPERTIES CORP /MA/
- filed_at: 2025-02-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031316/000155837025000805/0001558370-25-000805-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031316/000155837025000805/fsp-20250211x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-000805
- JSON: https://secwatch.observer/filing/0001558370-25-000805.json
- Plain text: https://secwatch.observer/filing/0001558370-25-000805.txt

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