UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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ITEM 2.01. Completion of Acquisition or Disposition of Assets.
On July 8, 2026, FSP Greenwood Plaza Corp. (the “Seller”), a wholly-owned subsidiary of Franklin Street Properties Corp. (the “Registrant”), closed on the sale of the office buildings located at 6550 and 6560 Greenwood Plaza Boulevard, Englewood, Colorado containing approximately 196,236 square feet (the “Property”) to University of Colorado Health (the “Buyer”), pursuant to a Purchase and Sale Agreement dated May 26, 2026, as amended by a First Amendment to Purchase and Sale Agreement dated June 30, 2026 (as amended, the “Agreement”). There were no material 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 $19,356,000. The Registrant used approximately $8,500,000 of the proceeds from the sale of the Property for the repayment of debt, including interest and fees, with the balance to be retained by the Registrant and available to fund tenant improvements, leasing commissions, building improvements and other general corporate uses.
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ITEM 9.01. Financial Statements and Exhibits.
(b)Pro forma financial information.
The pro forma financial information of the Registrant as adjusted to give effect to the sale of the Property is presented in the unaudited pro forma condensed consolidated financial statements filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
(d)Exhibits.
The following exhibits are filed herewith:
EXHIBIT NO.DESCRIPTION OF EXHIBITS
99.1 | Unaudited Pro Forma Condensed Consolidated Financial Statements. |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
FRANKLIN STREET PROPERTIES CORP. | ||
Date: July 13, 2026 | By: | /s/ Scott H. Carter |
Scott H. Carter | ||
Executive Vice President, General Counsel and Secretary | ||
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