Peakstone Realty Trust Stock News

Peakstone Realty Trust is transforming from an office REIT to a pure-play industrial REIT, focusing on industrial outdoor storage (IOS). PKST has made significant progress selling office assets, reducing leverage to 5.4x debt/EBITDA, and expects to complete the transformation by early next year. Leasing spreads on IOS properties reached 116% in Q3, supporting a $0.70 annualized FFO uplift as be...

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the “Company”) (NYSE: PKST), a real estate investment trust that is focused on owning and operating industrial assets, with a strategic emphasis on industrial outdoor storage, today announced the sale of a two-property office and R&D campus located in Burlington, Massachusetts. The properties, which total approximately 431,000 square ...

Peakstone Realty Trust ( PKST ) Q3 2025 Earnings Call November 5, 2025 5:00 PM EST Company Participants Michael Escalante - CEO, President & Trustee Javier Bitar - CFO & Treasurer Conference Call Participants Stephen Swett Keunho Byun - BofA Securities, Research Division Michael Goldsmith - UBS Investment Bank, Research Division Anthony Hau - Truist Securities, Inc., Research Division Presentat...

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust that is focused on owning and operating industrial assets, with a strategic emphasis on industrial outdoor storage, today announced its financial results for the quarter ended September 30, 2025. ”During and subsequent to the quarter, we continued to execute on our strategy t...

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust that is executing a strategic transition to an industrial REIT, targeting growth in the industrial outdoor storage (“IOS”) sector, announced it will release its third quarter 2025 financial results after the market closes on Wednesday, November 5, 2025. Peakstone will host a ...

U.S. equity markets pushed higher this past week - while short-term benchmark interest rates plunged to three-year lows - after employment data provided decisive evidence of cooling labor markets. Viewed by markets as a "Goldilocks" set of reports, the reports showed slowing - but still positive - job growth in August alongside consistent evidence of cooling wage pressures and emerging slack. A...

Peakstone's ambitious shift to an industrial REIT is underway, with industrial assets now comprising 48% of ABR, up from 26% a year ago. The transition faces challenges: office asset impairments, high leverage (net debt/EBITDA 6.6x), and a recent 56% dividend cut to preserve capital. Industrial segment growth is promising, but office divestitures and market headwinds (tariffs, rates) create ong...

Peakstone Realty Trust (NYSE:PKST ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Javier F. Bitar - CFO & Treasurer Michael J.