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): October 20, 2003 ---------------- Franklin Street Properties Corp. (formerly known as Franklin Street Partners Limited Partnership) --------------------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Maryland ---------------------------------------------- (State or Other Jurisdiction of Incorporation) 000-32615 04-3578653 ------------------------ --------------------------------- (Commission File Number) (IRS Employer Identification No.) 401 Edgewater Place, Suite 200, Wakefield, MA 01880-6210 -------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (781) 557-1300 ---------------------------------------------------- (Registrant's Telephone Number, Including Area Code) Not Applicable ------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Item 9. Regulation FD Disclosure As it has done in the past on an annual basis, Franklin Street Properties Corp. (the "Company") commissioned A.G. Edwards, Inc. to deliver to the Company an estimate of the value of the Company. On October 7, 2003, A.G. Edwards informed the Company verbally that its estimate of the value of the Company, as of September 30, 2003, was $16.45 per share of common stock. On October 20, 2003, A.G. Edwards delivered to the Company its written report with respect to this estimate, dated as of October 17, 2003. The report is attached hereto as Exhibit 99.1. There is no public market for the common stock of the Company. 2 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. Date: October 21, 2003 REGISTRANT FRANKLIN STREET PROPERTIES CORP. By: /s/ George J. Carter -------------------------------------------- George J. Carter President and Chief Executive Officer 3 EXHIBIT INDEX Exhibit No. Description ----------- ----------- 99.1 Report of A.G. Edwards, dated as of October 17, 2003 4