Real estate investment trust (REIT) focused on acquiring and managing healthcare properties.
Peakstone Realty Trust (NYSE: PKST) is a real estate investment trust (REIT) managed internally, specializing in a portfolio primarily composed of single-tenant industrial and office properties. The trust focuses on owning and operating high-quality assets that are relatively newer in vintage.
The properties within Peakstone's portfolio are typically leased to creditworthy tenants under long-term net lease agreements. These agreements include contractual provisions for rent escalations over time, providing stability and predictable income streams.
As of March, 2023, Peakstone Realty Trust's wholly-owned portfolio spans 19 million square feet across 24 states. These properties are strategically located in high-growth markets, predominantly in coastal and sunbelt regions known for their economic vitality and demographic trends.
With a disciplined approach to property acquisition and management, Peakstone Realty Trust continues to focus on expanding its portfolio and maximizing returns for its investors. The trust's strategic emphasis on high-quality assets and favorable market locations underscores its commitment to long-term growth and value creation in the real estate sector.