other material
confidence high
sentiment neutral
materiality 0.20
Griffin Realty Trust completes restructuring to restore pre-November 2022 operating structure
Peakstone Realty Trust
- On Feb 23, 2023, completed restructuring merging GRT OP LLC into GRT OP, L.P., with the operating partnership surviving.
- Entered into Seventh Amended and Restated Limited Partnership Agreement with same material terms as the Fifth A&R LPA.
- Restructuring reverses the November 2022 internal restructuring that had placed the operating partnership under an operating company.
- No change in economic interests, business operations, or partner rights; purely structural reversal.