-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OJuInQGFmSJF3i5YHWWa/tP2doRA97C1M/XTeqqY+jAd855C7J5xmD3irG03jU0T FhOHMZonyc+tseFBIFFbKQ== 0001171520-05-000237.txt : 20050611 0001171520-05-000237.hdr.sgml : 20050611 20050602105116 ACCESSION NUMBER: 0001171520-05-000237 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050602 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050602 DATE AS OF CHANGE: 20050602 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN STREET PROPERTIES CORP /MA/ CENTRAL INDEX KEY: 0001031316 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 042724223 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32470 FILM NUMBER: 05872505 BUSINESS ADDRESS: STREET 1: 401 EDGEWATER PL STREET 2: STE 200 CITY: WAKEFIELD STATE: MA ZIP: 01880 BUSINESS PHONE: 7815571300 MAIL ADDRESS: STREET 1: 401 EDGEWATER PLACE STREET 2: STE 200 CITY: WAKEFIELD STATE: MA ZIP: 01880 FORMER COMPANY: FORMER CONFORMED NAME: FRANKLIN STREET PARTNERS LP DATE OF NAME CHANGE: 20010301 8-K 1 eps1846.txt FRANKLIN STREET PROPERTIES CORP. 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): June 2, 2005 FRANKLIN STREET PROPERTIES CORP. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Maryland 000-32615 04-3578653 - -------------------------------------------------------------------------------- (State or Other Juris- (Commission (IRS Employer diction of Incorporation File Number) Identification No.) 401 Edgewater Place, Suite 200, Wakefield MA 01880-6210 - -------------------------------------------------------------------------------- (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)) Item 7.01. Regulation FD Disclosure On June 2, 2005, Franklin Street Properties Corp. (the "Company") issued a press release disclosing that its common stock had commenced trading on the American Stock Exchange under the symbol "FSP" as of June 2, 2005. The press release is attached hereto as Exhibit 99.1. Item 9.01. Financial Statements and Exhibits. (c) Exhibits. See Exhibit Index attached hereto. SIGNATURE 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: June 2, 2005 By: /s/ George J. Carter ------------------------------------- President and Chief Executive Officer EXHIBIT INDEX Exhibit No. Description - ----------- ----------- 99.1 Press release, issued June 2, 2005 EX-99.1 2 ex99-1.txt Exhibit 99.1 PRESS RELEASE Franklin Street Properties Corp. 401 Edgewater Place Suite 200 Wakefield, Massachusetts 01880-6210 (781) 557-1300 www.franklinstreetproperties.com FOR IMMEDIATE RELEASE Contact: Donna Brownell 877-686-9496 FRANKLIN STREET PROPERTIES COMMON STOCK BEGINS TRADING ON THE AMERICAN STOCK EXCHANGE WAKEFIELD, MASS., -- June 2, 2005 - Franklin Street Properties Corp. (AMEX: FSP), a real estate investment trust, announced today that its common stock has been listed and begun trading on the American Stock Exchange under the ticker symbol "FSP". Franklin Street Properties has 60,525,608 million shares outstanding and approximately 1,780 shareholders as of June 1, 2005. "The listing of FSP shares on the AmEx marks an important milestone for Franklin Street Properties," said George Carter, president and chief executive officer of Franklin Street Properties. "Since our founding in 1997, we have worked diligently to provide our shareholders with the opportunity to participate not only in the rental incomes and appreciation potential of our properties, but also in returns from our full-service real estate investment bank and property management business activities. We view our listing on a national exchange as another example of our commitment to enhancing shareholder value and liquidity over the long term." The listing is being done by the company, which is owned entirely by its common stockholders, not through an initial public offering or other transaction. For more information, please visit the company's investor relations website at www.franklinstreetproperties.com. About Franklin Street Properties Franklin Street Properties Corp. (AMEX: FSP) is a real estate investment trust based in Wakefield, Massachusetts, focused on achieving current income and long-term growth through investments in commercial properties. Since 1997, FSP has applied an uncompromising discipline to its real estate investing, reflecting many years of property investment and the natural characteristics of real estate as an asset class within the broader capital markets. FSP operates in two business segments: real estate operations and investment banking/investment services. FSP owns an unleveraged portfolio of real estate, including office buildings, apartment complexes and industrial use properties. Through a wholly-owned subsidiary, FSP Investments LLC (member, NASD and SIPC), a real estate investment banking firm and registered broker/dealer, the Company organizes single purpose entities that own real estate, and conducts the private placement of equity in those entities. This press release may contain forward-looking statements or projections of future performance. Forward-looking statements are statements that contain predictions or projections of future events or performance, and often contain words such as "anticipates", "can", "estimates", "believe", "expects", "projects", "will", "might", or other words indicating a statement about the future. The Company notes that any such forward-looking statements are subject to change and are not guarantees of future performance, and that actual results may differ materially from any such predictions or projections, based on various important factors and including, without limitation, changes in economic conditions in the markets in which the Company owns properties, changes in the demand by investors for investment in Sponsored REITs, changes in the Company's ability to renew, replace or extend its line of credit, changes in government regulations and expenditures that cannot be anticipated such as utility rate and usage increases, unanticipated repairs, additional staffing, insurance increases and real estate tax valuation reassessments, the ability of the Company to collect sufficient rents from each of its owned properties, and overall the Company's susceptibility to the risks of owning and operating real property. Additional information on the factors that could affect the Company's business and financial results is included in the Company's periodic reports filed with the Securities and Exchange Commission. -----END PRIVACY-ENHANCED MESSAGE-----