Peakstone Realty Trust Reports Third Quarter 2024 Results
Peakstone Realty Trust Common Shares (PKST)
Company Research
Source: Business Wire
- Completed 147,400 square feet of Leasing at Significant Spreads- Multiple Sales Meaningfully reduced Other Segment (now approximately 10% of ABR)- Strong Foundation for Growth EL SEGUNDO, Calif.--(BUSINESS WIRE)--Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of predominantly single-tenant industrial and office properties, today announced its financial results for the quarter ended September 30, 2024.Michael Escalante, CEO commented, “As a result of our team’s dedication and strategic approach, I am excited to announce that we have laid the groundwork for the next phase of our business plan – growing our Industrial Segment. Thanks to our demonstrated ability to generate positive leasing outcomes and sell office assets, we have nearly eliminated our Other Segment, secured a sustainable capital structure through the successful amendment and extension of our credit facility, and fully
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PKST
News
- Peakstone Realty Trust (NYSE: PKST) had its price target raised by analysts at Truist Financial Co. from $13.00 to $15.00. They now have a "hold" rating on the stock.MarketBeat
- Peakstone Realty Trust Acquires 51-Property Industrial Outdoor Storage PortfolioBusiness Wire
- Peakstone Realty Trust Announces Date for Third Quarter 2024 Earnings Release and WebcastBusiness Wire
PKST
Earnings
- 10/30/24 - Miss
PKST
Sec Filings
- 11/7/24 - Form 8-K/A
- 11/5/24 - Form 4
- 11/5/24 - Form 3
- PKST's page on the SEC website