Peakstone Realty Trust (PKST)

In the past six months, Peakstone Realty Trust's stock has been impacted by its ongoing strategic transition and financial reporting. The company completed the sale of two properties for $84.5 million in November 2025, following the sale of three properties for approximately $177 million in September 2025. The company reported a net loss of $265.3 million and an EPS of -$7.22 in Q2 2025, leading to a dividend cut to $0.10 per share. Truist Securities upgraded Peakstone Realty Trust from Hold to Buy, raising its price target. The stock has experienced a 31.09% change over the past year, with a 52-week range between $10.14 and $15.40.

Information regarding specific demand seasonality for Peakstone Realty Trust's products and services was not explicitly found. Demand for real estate can be influenced by broader economic trends, interest rates, and business cycles rather than distinct seasonal patterns.

Peakstone Realty Trust is an internally managed REIT undergoing a strategic transition to become an industrial-only REIT, focusing on the industrial outdoor storage sector. The company owns and operates single-tenant industrial and office properties, leased to creditworthy tenants under long-term net lease agreements with rent escalations. While operating in the REIT-Office industry, it is shifting towards the Industrial REIT industry, leasing industrial outdoor storage properties and office, R&D, and data center properties.

Peakstone Realty Trust's portfolio consists of newer vintage and well-located real estate assets primarily situated in high-growth, strategic coastal and sunbelt markets. Approximately 65% of its Annualized Base Rent (ABR) is derived from these coastal and sunbelt markets, and 49% of its industrial ABR comes from properties located near top U.S. ports.

Peakstone Realty Trust's brand reputation has been shaped by its strategic repositioning and financial performance. The company's shift to an industrial-focused REIT is a key narrative. While a significant earnings miss in Q2 2025 and a dividend cut could have negatively impacted sentiment, the subsequent upgrade by Truist Securities suggests a positive outlook. The company is actively working to "change the narrative on net lease investing" through its strategic transformation.

Peakstone Realty Trust's stock is primarily held by institutional shareholders (54.03%), followed by retail investors (43.29%), and company insiders (2.68%). Major institutional owners include Vanguard Group Inc., Blackrock Inc., and Morgan Stanley. Michael J. Escalante, the CEO, is the largest individual shareholder.