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): May 28, 1997 NEW ENGLAND PENSION PROPERTIES V; A REAL ESTATE LIMITED PARTNERSHIP (Exact name of registrant as specified in its charter) Massachusetts (State or Other Jurisdiction of Incorporation) 0-17808 04-2940131 (Commission File Number) (IRS Employer Identification No.) 225 Franklin Street, 25th Floor Boston, MA 02110 (Address of principal executive offices) (Zip Code) (617) 261-9000 Registrant's Telephone Number, Including Area Code Not Applicable (Former Name or Former Address, if Changed Since Last Report) Item 2. Acquisition or Disposition of Assets. - ---------------------------------------------- On May 28, 1997, New England Pension Properties V; A Real Estate Limited Partnership sold its interest in a property known as University Business Park located at 3802, 3822, 3844, 3902, 3922 E. University Drive, in Phoenix, AZ. The property was sold to Arple, Inc., as Exchange Accommodator for Pueblos Del Rio North, LTD., a California Limited Partnership, an unrelated third party, for gross proceeds of $8,350,000. The terms of the sale were determined by arms- length negotiation between the buyer and AEW Real Estate Advisors, Inc., on behalf of the seller. Item 7. Financial Statements and Exhibits. - ------------------------------------------- None SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this amendment to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 10, 1997 NEW ENGLAND PENSION PROPERTIES V; A REAL ESTATE LIMITED PARTNERSHIP (Registrant) By: Fifth Copley Corp., Managing General Partner By: /s/ Wesley M. Gardiner, Jr. --------------------------------- Name: Wesley M. Gardiner, Jr. Title: Vice President