---
schema_version: "secwatch.filing_event.v1"
accession: "0001600626-22-000118"
form_type: "8-K"
ticker: "PKST"
cik: "0001600626"
company_name: "Peakstone Realty Trust"
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T20:21:25.758730+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Griffin Realty Trust Q3 net loss $111.2M; revenue down 15.9% to $101.3M

## Summary
- Q3 revenue $101.3M vs $120.6M YoY; net loss $(111.2)M vs income $2.5M.
- AFFO per share $0.12, down from $0.15; driven by Office Portfolio Sale.
- Completed sale of 41-property office portfolio for ~$1.1B; invested $159.9M for 49% JV interest.
- Paid down $1.0B debt; extended $750M credit facility to June 2024 with three 3-month extensions.
- Net asset value per share fell to $7.42 from $9.10, driven by lower office property values.

## SEC filing metadata
- accession: 0001600626-22-000118
- form_type: 8-K
- ticker: PKST
- cik: 0001600626
- company_name: Peakstone Realty Trust
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600626/000160062622000118/0001600626-22-000118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600626/000160062622000118/gcnl-20221114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001600626-22-000118
- JSON: https://secwatch.observer/filing/0001600626-22-000118.json
- Plain text: https://secwatch.observer/filing/0001600626-22-000118.txt

## Key facts
- Earnings Releases
  Peakstone Realty Trust reported the quarter ended September 30, 2022 results: revenue approximately $101.3 million, net income $(111.2) million, EPS $(0.34) per basic and diluted share.
  - Period: the quarter ended September 30, 2022
  - Revenue: approximately $101.3 million
  - Net income: $(111.2) million
  - EPS: $(0.34) per basic and diluted share
  - Result: reported results
  source text: Revenue Total revenue decreased 15.9% to approximately $101.3 million for the quarter ended September 30, 2022, a decrease of $19.3 million compared to the same quarter last year, primarily driven by a $14.3 million decrease in rental income due to the Office Portfolio Sale. Net Income (Loss) Net income (loss) attributable to common stockholders was approximately $(111.2) million, or $(0.34) per basic and diluted share, for the quarter ended September 30, 2022, compared to net income (loss) attributable to common stockholders of approximately $2.5 million, or $0.01 per basic and diluted share, for the quarter ended September 30, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600626/000160062622000118/0001600626-22-000118-index.htm

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