Every material Form 8-K FRANKLIN STREET PROPERTIES CORP /MA/ has filed with the SEC since July 13, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Franklin Street Properties reported third-quarter 2026 results showing lower revenue and a larger net loss than a year earlier, with FFO also down. The company said it has identified individual asset and subportfolio sales it intends to pursue in the fourth quarter as part of its expanded strategic review, but completion depends on final pricing and buyer financing.
Q3 2026 rental revenue was $24.9 million, versus $27.3 million in Q3 2025
Q3 2026 net loss was $9.1 million, or $0.09 per share, versus $8.3 million, or $0.08 per share, a year earlier
Q3 2026 FFO was $1.4 million, or $0.01 per share, versus $2.3 million, or $0.02 per share, a year earlier
Leased percentage of the 13-property owned portfolio was 66.2% as of September 30, 2026, down from 68.9% at December 31, 2025
Franklin Street Properties reported a second-quarter 2026 GAAP net loss of $16.6 million, or $0.16 per share, compared with a net loss of $7.9 million, or $0.08 per share, a year earlier. Revenue fell to $26.4 million from $26.7 million, and the company's leased share of its owned portfolio dropped to 67.4% from 68.9% at year-end 2025, which weighs on shareholders' earnings outlook.
Q2 2026 net loss was $16.6 million ($0.16 per share) versus $7.9 million ($0.08 per share) in Q2 2025, including a $7.7 million loss on property sales and impairments.
Q2 2026 revenue was $26.4 million, down from $26.7 million a year earlier; FFO was $1.6 million ($0.02 per share).
Owned portfolio was 67.4% leased as of June 30, 2026, down from 68.9% on December 31, 2025.
Expanded strategic review now has BofA Securities and JLL Real Estate Investment Banking as co-financial advisers; Greenwood Plaza was sold on July 8, 2026 for approximately $19.4 million.
Franklin Street Properties closed the July 8, 2026 sale of two office buildings at 6550 and 6560 Greenwood Plaza Boulevard in Englewood, Colorado, to University of Colorado Health. The filing's pro forma financials show the sale would have increased the company's reported net loss for 2025, including an estimated loss on sale, though about $8.5 million of proceeds went to debt repayment.
Gross purchase price of $19.4 million for roughly 196,236 square feet, closed July 8, 2026
About $8.5 million of proceeds used to repay debt, including interest and fees; the remainder is retained for tenant improvements, leasing commissions, building improvements and general corporate uses
Pro forma 2025 net loss of $52.7 million ($0.51 per share) versus $45.0 million ($0.43 per share) as reported, reflecting an estimated $7.9 million loss on sale
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