Peakstone Realty Trust (NYSE: PKST) is a publicly traded real estate investment trust specializing in the acquisition, ownership and management of single‐tenant net lease properties. The company targets commercial real estate assets leased to tenants across a range of industries, including light industrial, manufacturing, office and service‐oriented businesses.
Peakstone’s portfolio primarily consists of single‐tenant assets with long‐term, triple‐net leases, under which tenants are responsible for property taxes, insurance and maintenance. This structure aims to generate predictable income streams while minimizing landlord responsibilities. The trust focuses on lower middle‐market tenants as well as established companies, balancing credit quality with attractive contractual lease terms.
Since its formation with backing from Peakstone Capital in 2019 and its subsequent listing on the New York Stock Exchange in early 2022, the company has expanded its footprint across key U.S. markets. Peakstone selectively pursues properties in both sunbelt and gateway regions, seeking markets with favorable demographic and economic growth trends. The firm’s disciplined underwriting and local market expertise drive its acquisition strategy.
Peakstone Realty Trust is led by a senior management team with extensive experience in real estate investment, capital markets and asset management. Under the leadership of its chief executive officer and chief financial officer, the company continues to execute on its growth strategy, emphasizing portfolio diversification, lease duration and tenant retention.
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