---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-009042"
form_type: "8-K"
ticker: "PKST"
cik: "0001600626"
company_name: "Peakstone Realty Trust"
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T02:04:21.423055+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Peakstone Realty Trust agrees to $21/share cash merger with Brookfield; Q4 Core FFO $0.28

## Summary
- Merger with Brookfield at $21.00/share all cash, ~$1.2B enterprise value; 34% premium to Jan 30 close; expected close Q2 2026.
- Q4 continuing ops revenue $26.0M, net income $3.5M ($0.09/share); Core FFO $0.28/share; Same Store Cash NOI +3.7% YoY.
- Completed exit from office; sold remaining 16 office assets in Q4 for ~$443.9M; eliminated Office segment.
- Acquired six IOS properties in Q4 for ~$38.5M; full-year IOS acquisitions totaled $96.2M.
- Dividend suspended per merger agreement; previously paid $0.10/share for Q4 on Jan 19, 2026.

## SEC filing metadata
- accession: 0001628280-26-009042
- form_type: 8-K
- ticker: PKST
- cik: 0001600626
- company_name: Peakstone Realty Trust
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600626/000162828026009042/0001628280-26-009042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600626/000162828026009042/pkst-20260218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-009042
- JSON: https://secwatch.observer/filing/0001628280-26-009042.json
- Plain text: https://secwatch.observer/filing/0001628280-26-009042.txt

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