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AND EXCHANGE COMMISSION<br />Washington, D.C. 20549</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;text-align:center;margin:0pt;"><span style="font-size:10pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p><div style="font-family:'Times New Roman','Times','serif';font-size:10.0pt;margin-bottom:0pt;min-height:1.19em;position:relative;width:100%;"><div style="background-color:#000000;height:1pt;position:relative;top:0.6em;width:25.0%;border:none;margin:0 auto;"></div></div><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;text-align:center;margin:0pt;"><span style="font-size:10pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;text-align:center;margin:0pt;"><b style="font-size:10pt;font-weight:bold;">FORM </b><ix:nonNumeric contextRef="Duration_8_31_2022_To_8_31_2022_Su0p9Dcf3UKnwaA_31zpIg" 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style="font-size:10pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p><a id="_c384d942_6e20_4d88_b166_735d8ff16bf5"></a><a id="Tc_Ltsu1cPdUkWB0WB61aMjTA_0_0"></a><a id="Tc_H-sbperBjEyD7NPUOj7dOA_1_0"></a><a id="Tc_-okVijb1yUSNremvl9vIuQ_1_1"></a><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:100%;"><tr><td style="vertical-align:top;width:50%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;text-align:center;margin:0pt 0pt 3pt 0pt;"><ix:nonNumeric contextRef="Duration_8_31_2022_To_8_31_2022_Su0p9Dcf3UKnwaA_31zpIg" name="dei:EntityAddressAddressLine1" id="Narr_asvi7ATI1EuUc06f1fW7WQ"><span style="font-size:10pt;">401 Edgewater Place</span></ix:nonNumeric><span style="font-size:10pt;">, </span><ix:nonNumeric contextRef="Duration_8_31_2022_To_8_31_2022_Su0p9Dcf3UKnwaA_31zpIg" name="dei:EntityAddressAddressLine2" id="Narr_BVebaoSzrESuiQBGpaBk2Q"><span style="font-size:10pt;">Suite 200</span></ix:nonNumeric><span style="font-size:10pt;">, </span><ix:nonNumeric contextRef="Duration_8_31_2022_To_8_31_2022_Su0p9Dcf3UKnwaA_31zpIg" name="dei:EntityAddressCityOrTown" id="Narr_9O479ubkCk26ZORf0Ct5fQ"><span style="font-size:10pt;">Wakefield</span></ix:nonNumeric><span style="font-size:10pt;">,</span><span style="font-size:10pt;"><br /></span><ix:nonNumeric contextRef="Duration_8_31_2022_To_8_31_2022_Su0p9Dcf3UKnwaA_31zpIg" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince" id="Narr_kkw6hJZApk6QLYHBSx5S5g"><span style="font-size:10pt;">Massachusetts</span></ix:nonNumeric></p></td><td style="vertical-align:top;width:50%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;text-align:center;margin:0pt 0pt 3pt 0pt;"><ix:nonNumeric 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Roman','Times','serif';font-size:12pt;line-height:10pt;text-align:center;margin:0pt;"><span style="font-size:10pt;white-space:pre-wrap;">Registrant&#8217;s telephone number, including area code:  (</span><ix:nonNumeric contextRef="Duration_8_31_2022_To_8_31_2022_Su0p9Dcf3UKnwaA_31zpIg" name="dei:CityAreaCode" id="Narr_gZ3GKO7cR0aT3v3cvgzm0w"><span style="font-size:10pt;">781</span></ix:nonNumeric><span style="font-size:10pt;">) </span><ix:nonNumeric contextRef="Duration_8_31_2022_To_8_31_2022_Su0p9Dcf3UKnwaA_31zpIg" name="dei:LocalPhoneNumber" id="Narr_BRbfnwcJEUKVKqrXMe89Yg"><span style="font-size:10pt;">557-1300</span></ix:nonNumeric></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p><table 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style="font-size:10pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10pt;padding-left:36pt;text-indent:-36pt;margin:0pt;">Securities registered pursuant to Section 12(b) of the Act:</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;padding-left:36pt;text-indent:-36pt;margin:0pt;"><span style="font-size:10pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p><a id="_3f3b01ed_78d6_4138_a642_d581b087d19d"></a><a id="Tc_XncdoHCNMESemJq50_mSiw_1_0"></a><a id="Tc_zmvDBwSDmkeYajmrTSe_9A_1_2"></a><a id="Tc_t9yRTmP8ckiqKKqZubwEpQ_1_4"></a><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:29.91%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:top;width:2.06%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"></div></div></td><td style="vertical-align:top;width:26.92%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"></div></div></td><td style="vertical-align:bottom;width:2.06%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;width:39.03%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td></tr><tr><td style="vertical-align:bottom;width:29.91%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10pt;padding-left:7.2pt;text-align:center;text-indent:-7.2pt;margin:0pt;"><b style="font-weight:bold;">Title&#160;of&#160;each&#160;class</b></p></td><td style="vertical-align:top;width:2.06%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">&#160;&#160;&#160;&#160;</b></p></td><td style="vertical-align:top;width:26.92%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Trading Symbol (s)</b></p></td><td style="vertical-align:bottom;width:2.06%;border-bottom:1px solid transparent;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">&#160;&#160;&#160;&#160;</b></p></td><td style="vertical-align:bottom;width:39.03%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Name&#160;of&#160;each&#160;exchange&#160;on&#160;which&#160;registered</b></p></td></tr><tr><td style="vertical-align:top;width:29.91%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;padding-left:7.2pt;text-align:center;text-indent:-7.2pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_8_31_2022_To_8_31_2022_Su0p9Dcf3UKnwaA_31zpIg" name="dei:Security12bTitle" id="Tc_LfKkIgmc10-Rjrpowv7qww_2_0"><span style="font-size:10pt;">Common Stock, $.0001 par value per share</span></ix:nonNumeric></p></td><td style="vertical-align:top;width:2.06%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:26.92%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_8_31_2022_To_8_31_2022_Su0p9Dcf3UKnwaA_31zpIg" name="dei:TradingSymbol" id="Tc_IgyoDhHW-kWMPiWGCFTuaA_2_2"><span style="font-size:10pt;">FSP</span></ix:nonNumeric></p></td><td style="vertical-align:bottom;width:2.06%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:39.03%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_8_31_2022_To_8_31_2022_Su0p9Dcf3UKnwaA_31zpIg" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName" id="Tc_OxyX7pUToUOJQGVqos8QzQ_2_4"><span style="font-size:10pt;">NYSE American</span></ix:nonNumeric></p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;padding-left:36pt;text-indent:-36pt;margin:0pt;"><span style="font-size:10pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10pt;margin:0pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;margin:0pt;"><span style="font-size:10pt;">Emerging growth company </span><ix:nonNumeric contextRef="Duration_8_31_2022_To_8_31_2022_Su0p9Dcf3UKnwaA_31zpIg" format="ixt-sec:boolballotbox" name="dei:EntityEmergingGrowthCompany" id="Narr_9a9vRzZpQEOaI_B5a4lQBw"><span style="font-family:'Segoe UI Symbol';font-size:10pt;">&#9744;</span></ix:nonNumeric></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;line-height:10pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10pt;margin:0pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. <span style="font-family:'Segoe UI Symbol';">&#9744;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-family:'Wingdings';visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-family:'Wingdings';visibility:hidden;">&#8203;</span></p><p style="display:none;font-size:12pt;line-height:0pt;margin:0pt;"><span style="font-family:'Wingdings';font-size:0pt;visibility:hidden;">&#8203;</span></p></div><div style="clear:both;display:table;min-height:63.35pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;margin:24pt 0pt 0pt 0pt;">1</p></div></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:79.3%;border:0;margin:30pt 10.35% 30pt 10.35%;"></div><div style="max-width:100%;padding-left:10.35%;padding-right:10.35%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><a id="_9d16e842_b4df_4398_b999_dd069ec088bb"></a><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;white-space:pre-wrap;">ITEM 2.01.  Completion of Acquisition or Disposition of Assets. </b></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;text-indent:36pt;margin:0pt;">On August 31, 2022, FSP 380 Interlocken Corp. and FSP 390 Interlocken LLC (together, the &#8220;Seller&#8221;), each a wholly-owned subsidiary of Franklin Street Properties Corp. (the &#8220;Registrant&#8221;), closed on the sale of the office buildings located at 380 Interlocken Crescent, Broomfield, Colorado and at 390 Interlocken Crescent, Broomfield, Colorado (together, the &#8220;Property&#8221;) to 380 Interlocken Owner, LLC and 390 Interlocken Owner, LLC (as successors-in-interest to RWXI REIT Acquisition, LLC, and together, the &#8220;Buyer&#8221;), pursuant to a Purchase and Sale Agreement dated June 21, 2022, as amended pursuant to a Reinstatement of and First Amendment to Purchase and Sale Agreement dated July 6, 2022 (as amended, the &#8220;Agreement&#8221;). &#160;There were no material relationships, other than in respect of the Agreement, among the Seller and the Buyer, or any of their respective affiliates.&#160; The aggregate gross purchase price for the Property was $102,500,000. &#160;The Registrant expects to record a gain of approximately $24,000,000 million in the third quarter of 2022 in connection with the sale of the Property. &#160;On September 6, 2022, the Registrant used proceeds from the sale of the Property to prepay in full its $110,000,000 term loan with Bank of America, N.A. as administrative agent and the other lending institutions party thereto (the &#8220;BofA Term Loan&#8221;). &#160;If the Registrant had not prepaid the BofA Term Loan in full, the BofA Term Loan would have matured by its own terms on January 12, 2023.</p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;text-indent:36pt;margin:0pt;">&#160;</p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;margin:0pt 0pt 10pt 0pt;"><b style="font-weight:bold;white-space:pre-wrap;">ITEM 9.01.  Financial Statements and Exhibits. </b></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;margin:0pt;"><span style="display:inline-block;text-indent:0pt;width:36pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:11pt;font-style:normal;font-weight:normal;">(b)</span></span>Pro forma financial information.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:11pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-indent:36pt;margin:0pt;">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.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt 0pt 12pt 0pt;"><span style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:11pt;font-style:normal;font-weight:normal;">(d)</span></span>Exhibits.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt 0pt 12pt 0pt;"><span style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"></span><span style="font-size:11pt;">The following exhibits are filed herewith:</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt 0pt 12pt 0pt;"><span style="font-size:11pt;font-weight:bold;margin-bottom:5pt;margin-top:5pt;text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt 0pt 12pt 0pt;"><span style="display:inline-block;text-align:left;text-indent:0pt;width:72pt;"><b style="font-family:'Times New Roman','Times','serif';font-size:11pt;font-style:normal;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">EXHIBIT NO.</b></span><span style="display:inline-block;width:36pt;"></span><b style="font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">DESCRIPTION OF EXHIBITS</b></p><a id="_Hlk69467174"></a><table style="border-collapse:collapse;border:0;"><tr><td style="width:18pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:90pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:12pt;margin-top:0pt;text-align:justify;"><span style="font-size:11pt;">99.1</span></p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:12pt;margin-top:0pt;text-align:justify;"><a style="-sec-extract:exhibit;font-family:&quot;'Times New Roman','Times','serif'&quot;;font-size:11pt;" href="fsp-20220831xex99d1.htm"><span style="font-family:'Times New Roman','Times','serif';font-style:normal;font-weight:normal;">Unaudited Pro Forma Condensed Consolidated Financial Statements.</span></a><span style="font-size:11pt;"> </span></p></td></tr></table><table style="border-collapse:collapse;border:0;"><tr><td style="width:18pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:90pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:12pt;margin-top:0pt;text-align:justify;"><span style="font-size:11pt;">104</span></p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:12pt;margin-top:0pt;text-align:justify;"><span style="font-size:11pt;">Cover Page Interactive Data File (embedded within the Inline XBRL document) </span></p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:11pt;font-weight:bold;visibility:hidden;">&#8203;</span></p></div><div style="clear:both;display:table;margin-bottom:7.2pt;min-height:56.15pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;margin:24pt 0pt 0pt 0pt;">2</p></div></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:79.3%;border:0;margin:30pt 10.35% 30pt 10.35%;"></div><div style="max-width:100%;padding-left:10.35%;padding-right:10.35%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">SIGNATURES</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:11pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;text-indent:36pt;margin:0pt;">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.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;text-indent:36pt;margin:0pt;"><span style="font-size:11pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:48.95%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:top;width:3.27%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"></div></div></td><td style="vertical-align:bottom;width:47.76%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td></tr><tr><td style="vertical-align:top;width:48.95%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:11pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p></td><td colspan="2" style="vertical-align:top;width:51.04%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;margin:0pt;">FRANKLIN STREET PROPERTIES CORP.</p></td></tr><tr><td style="vertical-align:top;width:48.95%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:11pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p></td><td colspan="2" style="vertical-align:top;width:51.04%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:11pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p></td></tr><tr><td style="vertical-align:bottom;width:48.95%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;padding-left:7.2pt;text-indent:-7.2pt;margin:0pt;"><span style="white-space:pre-wrap;">Date:  September 7, 2022</span></p></td><td style="vertical-align:top;width:3.27%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;margin:0pt;">By:</p></td><td style="vertical-align:bottom;width:47.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;margin:0pt;">/s/ Scott H. Carter</p></td></tr><tr><td style="vertical-align:top;width:48.95%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:11pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:3.27%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;padding-left:36pt;text-indent:-36pt;margin:0pt;"><span style="font-size:11pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:47.76%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;margin:0pt 0pt 0pt 8.65pt;">Scott H. Carter</p></td></tr><tr><td style="vertical-align:top;width:48.95%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:11pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:3.27%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;padding-left:36pt;text-indent:-36pt;margin:0pt;"><span style="font-size:11pt;margin-bottom:12pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:47.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;margin:0pt 0pt 0pt 8.65pt;">Executive Vice President, General Counsel and Secretary</p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-size:11pt;font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-family:'Wingdings';visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><span style="font-family:'Wingdings';visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:11pt;font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:11pt;font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><span style="font-size:11pt;font-weight:bold;visibility:hidden;">&#8203;</span></p></div><div style="clear:both;display:table;margin-bottom:7.2pt;min-height:56.15pt;width:100%;"><div style="display:table-cell;vertical-align:bottom;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;margin:24pt 0pt 0pt 0pt;">3</p></div></div></div>
<div style="background-color:#000000;clear:both;height:2pt;margin-left:10.35%;margin-right:10.35%;margin-top:30pt;page-break-after:avoid;width:79.3%;border:0;"></div></body></html>
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{"company-data": {"conformed-name": "FRANKLIN STREET PROPERTIES CORP /MA/", "cik": "0001031316", "assigned-sic": "6798", "irs-number": "042724223", "state-of-incorporation": "MA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-32470", "film-number": "221230381"}, "business-address": {"street1": "401 EDGEWATER PLACE", "street2": "STE 200", "city": "WAKEFIELD", "state": "MA", "zip": "01880", "phone": "7815571300"}, "mail-address": {"street1": "401 EDGEWATER PLACE", "street2": "STE 200", "city": "WAKEFIELD", "state": "MA", "zip": "01880"}, "former-company": {"former-conformed-name": "FRANKLIN STREET PARTNERS LP", "date-changed": "20010301"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
​
​
FORM
8-K
​
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
​
Date of Report (Date of earliest event reported):
August 31, 2022
​
​
Franklin Street Properties Corp.
​
(Exact name of registrant as specified in its charter)
​
Maryland
001-32470
04-3578653
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
​
401 Edgewater Place
,
Suite 200
,
Wakefield
,
Massachusetts
01880
(Address of principal executive offices)
(Zip Code)
​
Registrant's telephone number, including area code:  (
781
)
557-1300
​
​
(Former name or former address, if changed since last report.)
​
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (
see
General Instruction A.2. below):
​
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
​
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
​
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
​
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
​
Securities registered pursuant to Section 12(b) of the Act:
​
Title of each class
Trading Symbol (s)
Name of each exchange on which registered
Common Stock, $.0001 par value per share
​
FSP
​
NYSE American
​
​
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
​
Emerging growth company
☐
​
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
​
​
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ITEM 2.01.  Completion of Acquisition or Disposition of Assets.
On August 31, 2022, FSP 380 Interlocken Corp. and FSP 390 Interlocken LLC (together, the "Seller"), each a wholly-owned subsidiary of Franklin Street Properties Corp. (the "Registrant"), closed on the sale of the office buildings located at 380 Interlocken Crescent, Broomfield, Colorado and at 390 Interlocken Crescent, Broomfield, Colorado (together, the "Property") to 380 Interlocken Owner, LLC and 390 Interlocken Owner, LLC (as successors-in-interest to RWXI REIT Acquisition, LLC, and together, the "Buyer"), pursuant to a Purchase and Sale Agreement dated June 21, 2022, as amended pursuant to a Reinstatement of and First Amendment to Purchase and Sale Agreement dated July 6, 2022 (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 aggregate gross purchase price for the Property was $102,500,000.  The Registrant expects to record a gain of approximately $24,000,000 million in the third quarter of 2022 in connection with the sale of the Property.  On September 6, 2022, the Registrant used proceeds from the sale of the Property to prepay in full its $110,000,000 term loan with Bank of America, N.A. as administrative agent and the other lending institutions party thereto (the "BofA Term Loan").  If the Registrant had not prepaid the BofA Term Loan in full, the BofA Term Loan would have matured by its own terms on January 12, 2023.
ITEM 9.01.  Financial Statements and Exhibits.
(b)
Pro forma financial information.
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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.
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(d)
Exhibits.
The following exhibits are filed herewith:
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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
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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.
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FRANKLIN STREET PROPERTIES CORP.
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Date:  September 7, 2022
By:
/s/ Scott H. Carter
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Scott H. Carter
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Executive Vice President, General Counsel and Secretary
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