---
schema_version: "secwatch.filing_event.v1"
accession: "0001600626-23-000091"
form_type: "8-K"
ticker: "PKST"
cik: "0001600626"
company_name: "Peakstone Realty Trust"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:12:36.661014+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Peakstone Q1: Net income $0.17/sh, AFFO $0.68; sold $170M properties, paid $400M term loan

## Summary
- Revenue $67.0M; net income attributable to common shareholders $6.0M ($0.17 per share).
- FFO $0.37/sh and AFFO $0.68/sh per share/unit; Same Store Cash NOI $48.4M.
- Sold three properties for $169.6M gross; recorded net gain of $30.6M.
- Paid off $400M term loan and $19.1M secured loan; extended revolver to Jan 2026.
- Subsequent: redeemed all Series A preferred shares for $125M; common shares listed on NYSE Apr 13.

## SEC filing metadata
- accession: 0001600626-23-000091
- form_type: 8-K
- ticker: PKST
- cik: 0001600626
- company_name: Peakstone Realty Trust
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600626/000160062623000091/0001600626-23-000091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600626/000160062623000091/gcnl-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001600626-23-000091
- JSON: https://secwatch.observer/filing/0001600626-23-000091.json
- Plain text: https://secwatch.observer/filing/0001600626-23-000091.txt

## Key facts
- Earnings Releases
  Peakstone Realty Trust reported the quarter ended March 31, 2023 results: revenue approximately $67.0 million, net income approximately $9.0 million; net income attributable to common shareholders of approximately $6.0 million, or $0.17 per b, EPS $0.17 per basic and diluted share.
  - Period: the quarter ended March 31, 2023
  - Revenue: approximately $67.0 million
  - Net income: approximately $9.0 million; net income attributable to common shareholders of approximately $6.0 million, or $0.17 per b
  - EPS: $0.17 per basic and diluted share
  - Result: reported results
  source text: industrial and office properties, today announced its financial results for the quarter ended March 31, 2023. First Quarter 2023 Highlights • Revenue of approximately $67.0 million. • Net income of approximately $9.0 million; net income attributable to common shareholders of approximately $6.0 million, or $0.17 per basic and diluted share. • Funds from
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600626/000160062623000091/0001600626-23-000091-index.htm

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