---
schema_version: "secwatch.filing_event.v1"
accession: "0001600626-22-000087"
form_type: "8-K"
ticker: "PKST"
cik: "0001600626"
company_name: "Peakstone Realty Trust"
filed_at: "2022-09-02T23:59:59+00:00"
generated_at: "2026-06-23T16:31:35.901460+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Griffin Realty Trust board neutral on unsolicited $3.76/share tender offer from CMG Partners

## Summary
- CMG Partners offers $3.76/share for up to 500,000 Class E shares, 49% below June 30 NAV of $7.43.
- Board makes no recommendation; cites limited liquidity, ongoing strategic monetization process.
- Strategic monetization: spin-off of industrial and some office assets into listed company, then liquidation.
- Offer expires Oct 4, 2022; tendering shareholders assign right to distributions after that date.
- Class E shares not listed on exchange; redemptions limited to death, disability, etc., with $5M quarterly cap.

## SEC filing metadata
- accession: 0001600626-22-000087
- form_type: 8-K
- ticker: PKST
- cik: 0001600626
- company_name: Peakstone Realty Trust
- filed_at: 2022-09-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600626/000160062622000087/0001600626-22-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600626/000160062622000087/gcnl-20220902.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001600626-22-000087
- JSON: https://secwatch.observer/filing/0001600626-22-000087.json
- Plain text: https://secwatch.observer/filing/0001600626-22-000087.txt

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