Portfolio Composition - As of December 31, 2024, Peakstone Realty Trust's portfolio consists of 103 properties, including 97 operating properties and 6 redevelopment properties[26]. - The company owns and operates 103 properties, consisting of 97 operating properties and six redevelopment properties, across 24 states with 83 lessees[89]. - The total Annualized Base Rent (ABR) for the portfolio was $185,056,000, with the top 10 tenants accounting for 43.8% of total ABR[183]. - The company reported a revenue concentration by state, with Arizona contributing 11.0% of ABR, followed by Colorado at 7.6% and Massachusetts at 6.9%[180]. - Approximately 60.9% of the company's portfolio, based on Annualized Base Rent as of December 31, 2024, is comprised of office assets, which have experienced a decrease in demand and value[77]. - The company plans to continue growing its industrial segment, which currently represents about 39.1% of its portfolio based on Annualized Base Rent as of December 31, 2024[79]. Strategic Focus - The company is strategically shifting its portfolio towards industrial outdoor storage (IOS) by divesting non-core assets and investing in IOS opportunities[27]. - The company acquired a portfolio of 51 industrial outdoor storage properties across 14 states in November 2024, marking a shift in business strategy towards more industrial assets[62]. - The company is focusing on repositioning its portfolio towards industrial assets through divestment of non-core assets and reinvestment in industrial outdoor storage (IOS) opportunities[221]. Financial Performance and Risks - The company aims to enhance portfolio performance and maximize shareholder value while ensuring financial flexibility for future opportunities[27]. - Approximately 50% of the company's Annualized Base Rent is scheduled to expire within the next four years, increasing the risk of vacancies and potential adverse effects on financial performance[52]. - The company relies on five tenants for approximately 25% of its revenue, with the largest being Keurig Dr. Pepper (6.4%), Amazon (5.4%), Southern Company Services (5.1%), LPL Holdings (4.8%), and Maxar Technologies (4.3%) as of December 31, 2024[50]. - The company may face challenges in integrating and managing the newly acquired IOS properties, which could adversely affect financial performance[63]. - The company may incur significant costs related to deferred maintenance if properties are not adequately maintained by tenants[57]. - The company faces significant competition for tenants, which may decrease occupancy and rental rates, adversely impacting financial results[60]. - The company may not be able to fully benefit from increases in market rental rates due to fixed renewal rates in certain leases[56]. Debt and Financing - As of December 31, 2024, the company had $1.36 billion of outstanding indebtedness, consisting of $1.0 billion of unsecured debt and $360.3 million of secured debt[108]. - The company's indebtedness requires a significant portion of cash flow from operations to service debt payments, reducing available cash for other needs[108]. - The company may need to seek alternative financing sources for acquisitions if traditional financing is not available on acceptable terms[70]. - High debt levels could lead to increased interest charges and higher debt service payments, adversely affecting the company's financial condition[114]. - The company may incur additional indebtedness secured by properties, increasing vulnerability to economic conditions and limiting access to capital markets[116]. - Increases in interest rates could raise debt payments, negatively impacting the ability to pay dividends to shareholders[118]. Compliance and Regulatory Risks - The company has elected to be taxed as a REIT and believes it has satisfied the REIT requirements as of December 31, 2024[31]. - Environmental regulations may impose significant compliance costs, and failure to meet these requirements could result in material fines[32]. - The company may incur additional costs to comply with the Americans with Disabilities Act (ADA) and other regulations, which could adversely affect financial performance[96]. - Changes in zoning, occupancy, and land use regulations could limit the company's ability to lease properties and increase competition for available land[101]. - The company is subject to risks from climate change and natural disasters, which could result in physical damage to properties and increased insurance costs[106]. - Legislative or regulatory tax changes related to REITs could materially and adversely affect the company's business[132]. Cybersecurity and Operational Risks - The company faces numerous cybersecurity risks that threaten the confidentiality, integrity, and availability of its IT systems and confidential information[158]. - Cyber incidents could result in operational interruptions, regulatory enforcement, and damage to tenant relationships, potentially leading to significant expenses[159]. - The company has developed a cybersecurity risk management program integrated into its overall enterprise risk management program[168]. - The cybersecurity governance includes a security team responsible for managing risks related to confidential information and critical systems[172]. - The company maintains a cybersecurity insurance policy, although it may not cover all costs arising from cybersecurity incidents[170]. Market Conditions and Economic Factors - The commercial real estate market is highly competitive, with numerous public and private investors competing for acquisition and investment opportunities[28]. - Economic and geopolitical conditions, including market volatility and health crises, could materially adversely affect the company's business and financial condition[82]. - Current market conditions for real estate investors are influenced by economic factors, geopolitical tensions, and changes in monetary policy, leading to a cautious sentiment[222]. - Despite challenges, investors are still seeking opportunities to generate returns through real estate investments[222]. Shareholder and Governance Matters - The company must distribute at least 90% of its REIT taxable income to maintain REIT status, which may limit cash available for operations and investments[123]. - Failure to qualify as a REIT could result in additional tax liabilities, reducing net earnings available for dividends[121]. - The company has broad authority to incur debt, which could lead to a shortfall between cash flow from properties and cash flow needed to service debt[114]. - The future issuance of common shares could dilute existing shareholders and adversely affect the market price of common shares[139]. - The company has ownership limits in its declaration of trust to maintain REIT qualification, prohibiting ownership of more than 9.8% of shares by any individual or entity[148]. - The company may need to fund dividend payments from external sources, including debt or equity financings, which could impact financial stability[135].

EXHIBIT 99.1 Peakstone Realty Trust Reports Fourth Quarter and Full Year 2024 Results - Shift Towards Industrial Continues - - Focused on Investment in Industrial Outdoor Storage (IOS) Properties; $490mm IOS Portfolio Acquired in Fourth Quarter - - Divested $317 million of Non-Core Assets in 2024 including all Other Segment Assets - - Amended and Extended Credit Facility - - Continued Leasing Success; Significant Volume at Favorable Releasing Spreads - El Segundo, Calif. (February 20, 2025) - Peakstone Real ...

Investors in Peakstone Realty Trust (PKST) need to pay close attention to the stock based on moves in the options market lately. That is because the Feb 21, 2025 $10.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It coul ...

Peakstone Realty Trust (PKST) came out with quarterly funds from operations (FFO) of $0.65 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to FFO of $0.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -10.96%. A quarter ago, it was expected that this company would post FFO of $0.71 per share when it actually produced FFO of $0.70, delivering a surprise of -1.41%. Over the last four quarters, the ...

EXHIBIT 99.1 Peakstone Realty Trust Reports Third Quarter 2024 Results - 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. (October 30, 2024) - Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of predominantly singletenant industrial and office properties, today anno ...

Investor Presentation Second Quarter 2024 Disclaimers / Forward-Looking Disclosure This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). We intend for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward looking statements ...

Peakstone Realty Trust (NYSE:PKST) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Mikayla Lynch - SVP, Corporate Finance & Strategy Michael Escalante - President & CEO Javier Bitar - CFO Conference Call Participants Farrell Granath - Bank of America Anthony Hau - Truist Securities Operator Greetings and welcome to Peakstone Realty Trust Second Quarter 2024 Earnings and Webcast Conference Call. At this time, all participants are in listen-only mode. A brief question-and-answe ...

Peakstone Realty Trust (PKST) came out with quarterly funds from operations (FFO) of $0.70 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to FFO of $0.73 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -1.41%. A quarter ago, it was expected that this company would post FFO of $0.79 per share when it actually produced FFO of $0.70, delivering a surprise of -11.39%. Over the last four quarters, the ...

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Peakstone Realty Trust (PKST) shares ended the last trading session 5.8% higher at $14.04. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 15.7% gain over the past four weeks. The increased investor optimism in the stock can be attributed to the favorable operating environment. Wh ...

Introduction As an investor with a significant portion of their portfolio invested in REITs, I'm always on the lookout for potential new ones in the sector. During my research, I stumbled across Peakstone Realty Trust, an internally-managed REIT that operates in 3 segments: Industrial, Office, and Other. The REIT has a short track record, having IPO'd in April of last year. They are also relatively small with only 67 properties across 22 states. Seeking Alpha I won't go too much in depth, as I mentioned pre ...