---
schema_version: "secwatch.filing_event.v1"
accession: "0001600626-22-000083"
form_type: "8-K"
ticker: "PKST"
cik: "0001600626"
company_name: "Peakstone Realty Trust"
filed_at: "2022-08-29T23:59:59+00:00"
generated_at: "2026-06-23T20:14:14.203393+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Griffin Realty Trust sells majority interest in 41-property office portfolio valued at $1.132B

## Summary
- Portfolio of 53 buildings + one land parcel valued at $1.132B; buyer is institutional with operating partner.
- Net proceeds used primarily to pay down debt to facilitate subsequent steps in strategic monetization.
- Remaining wholly owned portfolio: 80 properties, 21.6M RSF, 95% occupancy, WALT 7.1 yrs; 77% office, 23% industrial.
- Sale de-risks portfolio amid office sector pressure from work-from-home trends and capital market conditions.

## SEC filing metadata
- accession: 0001600626-22-000083
- form_type: 8-K
- ticker: PKST
- cik: 0001600626
- company_name: Peakstone Realty Trust
- filed_at: 2022-08-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600626/000160062622000083/0001600626-22-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600626/000160062622000083/gcnl-20220829.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001600626-22-000083
- JSON: https://secwatch.observer/filing/0001600626-22-000083.json
- Plain text: https://secwatch.observer/filing/0001600626-22-000083.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.