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Peakstone Realty Trust 10-Q Filings

PKST NYSE

Every 10-Q that Peakstone Realty Trust (PKST) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow PKST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PKST filings page.

Rhea-AI Summary

Peakstone Realty Trust reported a first‑quarter 2026 net loss of $18.8M, narrowing from a $53.4M loss a year earlier, as prior‑year results were heavily affected by Office segment impairments. Rental income from its now all‑industrial portfolio was $25.7M, down from $28.7M, reflecting the completed exit from office properties.

Interest expense fell to $7.7M from $14.3M following prior debt actions, while transaction expenses rose sharply to $12.1M, mainly tied to its agreed sale to Brookfield‑affiliated entities. From discontinued operations, primarily former office assets, Peakstone generated net income of $0.6M versus a large loss in 2025.

The company ended the quarter with $116.3M in cash, total assets of $1.33B and debt of $485.9M, with a weighted‑average effective interest rate of 5.24%. It owned 77 industrial properties, including 61 industrial outdoor storage sites, and acquired a new IOS asset in Largo, Florida for $13.2M. Shareholders approved a merger under which each common share will be converted into $21.00 in cash, subject to closing conditions.

Rhea-AI Summary

Peakstone Realty Trust (PKST) reported Q3 results while advancing its shift to an industrial-only REIT focused on industrial outdoor storage. For the quarter, rental income was $25.8 million and net income was $3.8 million, or $0.09 per share. The quarter included a loss from continuing operations of $7.0 million, offset by net income from discontinued operations of $10.8 million.

Year to date, the company recorded a net loss of $336.4 million, largely tied to discontinued operations, including $345.5 million of real estate impairments related to planned office divestitures. PKST strengthened liquidity and reduced leverage: cash and cash equivalents were $326.1 million, and total debt, net, declined to $1.04 billion. The company paid down $200.0 million on its revolver during 2025 and $109.6 million on a secured loan; after quarter end it paid down an additional $240.0 million on the revolver. PKST sold 11 office assets for $278.1 million within discontinued operations and 3 industrial assets for $71.6 million in continuing operations, and acquired 3 IOS properties for $57.1 million totaling 39 usable acres. Six interest rate swaps effective July 1, 2025 hedge $550.0 million at a 3.58% fixed SOFR component through 2029.