UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): July 29, 2005
Franklin Street Properties Corp.
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(Exact Name of Registrant as Specified in Charter)
Maryland 0-32615 04-3578653
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(State or Other Juris- (Commission (IRS Employer
diction of Incorporation File Number) Identification No.)
401 Edgewater Place, Suite 200
Wakefield, Massachusetts 01880-6210
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (781) 557-1300
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(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 July 29, 2005, the Board of Directors of Franklin Street Properties
Corp. (the "Company") declared a cash dividend of $0.21 per share of common
stock payable on August 29, 2005 to stockholders of record on August 8, 2005.
The cash dividend represents two months of operations. The Company's past
practice is to declare quarterly cash dividends representing three months of
operations. However, on April 19, 2005, in anticipation of the consummation of
the acquisition of four REITs by merger on April 30, 2005, the Company declared
a dividend in respect of the first four months of operations in 2005. The
dividend declared by the Company on July 29, 2005 is therefore in respect of the
remaining two months in the second quarter of 2005. The two dividends together,
$0.62, are in respect of the first six months of operations for 2005.
The information in this Form 8-K (including Exhibit 99.1) shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934
(the "Exchange Act") or otherwise subject to the liabilities of that section,
nor shall it be deemed incorporated by reference in any filing under the
Securities Act of 1933 or the Exchange Act, except as expressly set forth by
specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
The following exhibit relating to Item 7.01 shall be deemed to be
furnished, and not filed:
99.1 Press Release issued by the Company on July 29, 2005.
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: July 29, 2005 By: /s/ George J. Carter
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George J. Carter
President and Chief Executive
Officer
EXHIBIT INDEX
Exhibit No. Description
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99.1 Press release issued by Franklin Street
Properties Corp. on July 29, 2005.