---
schema_version: "secwatch.filing_event.v1"
accession: "0001600626-23-000148"
form_type: "8-K"
ticker: "PKST"
cik: "0001600626"
company_name: "Peakstone Realty Trust"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:42:59.151056+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PKST Q3 net loss $127.6M on $129.3M office JV impairment; AFFO $0.78

## Summary
- Net loss attributable to common shareholders $(127.6)M ($(3.55)/share) vs $(111.2)M loss a year ago; includes $129.3M non-cash impairment of office JV interest.
- Revenue $61.7M, down 39% from $101.3M a year ago, driven by sale of 48 properties in 2022 and 9 in 2023 YTD.
- AFFO $0.78 per share/unit (down from $1.08); Same Store Cash NOI $48.1M, up 3% YoY.
- Portfolio 96.4% leased; 73 properties; 60.1% of annualized base rent from investment-grade tenants.
- YTD property sales gross proceeds ~$309M; liquidity ~$517M (cash $364.4M + $152.1M revolver); Q4 dividend $0.225/share.

## SEC filing metadata
- accession: 0001600626-23-000148
- form_type: 8-K
- ticker: PKST
- cik: 0001600626
- company_name: Peakstone Realty Trust
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600626/000160062623000148/0001600626-23-000148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600626/000160062623000148/gcnl-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001600626-23-000148
- JSON: https://secwatch.observer/filing/0001600626-23-000148.json
- Plain text: https://secwatch.observer/filing/0001600626-23-000148.txt

## Key facts
- Earnings Releases
  Peakstone Realty Trust reported the quarter ended September 30, 2023 results: revenue approximately $61.7 million, net income net loss of approximately $(139.9) million; net loss attributable to common shareholders of approximately $(127.6) milli, EPS $(3.55) per basic and diluted share.
  - Period: the quarter ended September 30, 2023
  - Revenue: approximately $61.7 million
  - Net income: net loss of approximately $(139.9) million; net loss attributable to common shareholders of approximately $(127.6) milli
  - EPS: $(3.55) per basic and diluted share
  - Result: reported results
  source text: revenue of approximately $61.7 million. • Net loss of approximately $(139.9) million; net loss attributable to common shareholders of approximately $(127.6) million, or $(3.55) per basic and diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600626/000160062623000148/0001600626-23-000148-index.htm

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