Peakstone Realty Trust reported a net loss of $49.4 million in Q1 2025, a significant decrease from a net income of $5.0 million in the same quarter last year, primarily due to strategic office property dispositions and a real estate impairment provision. Total revenue also decreased to $57.0 million from $59.2 million. The company is advancing its strategic shift to an industrial REIT, with a focus on industrial outdoor storage, reporting a 10% increase in IOS ABR driven by leasing activity.

Peakstone Realty Trust reported a revenue of $57.9 million and net income attributable to common shareholders of $12.7 million, or $0.35 per basic and diluted share, for the fourth quarter of 2024. The company also completed a substantial industrial outdoor storage (IOS) portfolio acquisition for $490.0 million and divested $317 million of non-core assets in 2024, demonstrating a strategic shift towards industrial assets.

Peakstone Realty Trust reported revenue of approximately $55.0 million and a net loss of approximately $(26.5) million for the quarter ended September 30, 2024. The company completed 147,400 square feet of leasing at a weighted average 47% GAAP and 29% cash releasing spread and sold four properties for approximately $40 million.

Peakstone Realty Trust reported revenue of approximately $56.0 million and a net loss of approximately $(4.1) million for the second quarter of 2024. The company successfully amended its credit facility, extending debt maturities and lowering borrowing costs, providing a solid foundation for growth. Same Store Cash NOI increased by 1.7% compared to the same quarter last year.

Peakstone Realty Trust reported first quarter 2024 results with revenue of approximately $59.2 million and net income of approximately $5.5 million. The company sold four properties for approximately $80 million and closed the quarter with $436 million in cash on hand.

Peakstone Realty Trust reported fourth-quarter revenue of approximately $63.1 million and a net loss of approximately $(21.8) million. The company sold two office properties for gross proceeds of $27.2 million and completed 1.05 million square feet of new leases and lease extensions. Same Store Cash Net Operating Income increased by 4.5% compared to the same quarter last year.

Peakstone Realty Trust reported a revenue of $61.7 million for Q3 2023. The company experienced a net loss of $(139.9) million, primarily due to a non-cash impairment of the office joint venture interest. Despite the net loss, the company is focused on deleveraging its balance sheet and has increased liquidity to over half a billion dollars.

Peakstone Realty Trust reported a revenue of $62.5 million for the second quarter of 2023. The company experienced a net loss of $(452.4) million, primarily due to non-cash impairments, property dispositions, and non-recurring expenses. Despite the net loss, the company's portfolio occupancy increased to 96%, and it continued to execute its disposition and deleveraging strategy.

Peakstone Realty Trust reported a decrease in revenue compared to the same quarter last year, primarily due to the disposition of properties. However, the company successfully executed several key items in its business plan, including amending the revolving credit facility, redeeming preferred shares, and listing common shares on the New York Stock Exchange. The company is focused on achieving an investment-grade rating by continuing to improve its balance sheet.

Griffin Realty Trust reported a decrease in revenue and a net loss for the quarter ended September 30, 2022. Revenue decreased by 15.9% to $101.3 million, and net loss attributable to common stockholders was $(111.2) million, compared to a net income of $2.5 million in the same quarter last year. The company completed the sale of a majority interest in a 41-property office portfolio and used the proceeds to pay down approximately $1.0 billion of outstanding debt.

Griffin Realty Trust, Inc. reported total revenue of approximately $120.6 million and net income attributable to common stockholders of $0.01 per basic and diluted share for the quarter ended September 30, 2021. The company collected 100% of contractual rent due and achieved a 94.4% occupancy rate.