Peakstone Realty Trust to Be Acquired by Brookfield

Peakstone Realty Trust ( (PKST) ) has provided an update.

On February 2, 2026, Peakstone Realty Trust agreed to be acquired by a Brookfield Asset Management private real estate fund in an all-cash transaction valuing Peakstone at about $1.2 billion, with shareholders to receive $21.00 per share—representing premiums of 34%, 46% and 51% to the company’s closing price and 30- and 90-day VWAPs, respectively, as of January 30, 2026. The deal, unanimously approved by Peakstone’s board and expected to close by the end of the second quarter of 2026 subject to shareholder and customary approvals, includes a 30-day go-shop period running to March 4, 2026, a tiered termination-fee structure, committed equity and debt financing from Brookfield affiliates, suspension of Peakstone’s regular quarterly dividend during the merger process, and will result in Peakstone being taken private and delisted from the NYSE, underscoring Brookfield’s push to scale its industrial real estate platform and crystallizing the value of Peakstone’s recently streamlined industrial-only portfolio for existing investors.

The most recent analyst rating on (PKST) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on Peakstone Realty Trust stock, see the PKST Stock Forecast page.

Spark’s Take on PKST Stock

According to Spark, TipRanks’ AI Analyst, PKST is a Neutral.

The score is held back primarily by weak/volatile profitability, declining revenue, and elevated leverage, despite currently positive cash flow. The earnings call was a meaningful positive, highlighting strong industrial leasing performance, successful office dispositions, and debt reduction, while technical signals remain soft and valuation is supported mainly by the dividend rather than earnings.

To see Spark’s full report on PKST stock, click here.

More about Peakstone Realty Trust

Peakstone Realty Trust is a New York Stock Exchange-listed industrial real estate investment trust that owns and operates a portfolio of 76 properties focused primarily on industrial outdoor storage (IOS) alongside traditional industrial assets, following the December 2025 sale of all its office properties to complete its shift to an industrial-only REIT. The company targets the growing IOS segment within the broader warehouse and industrial real estate market, positioning its portfolio to benefit from structural demand in logistics and outdoor storage facilities.

Average Trading Volume: 214,728

Technical Sentiment Signal: Buy

Current Market Cap: $574.7M

For a thorough assessment of PKST stock, go to TipRanks’ Stock Analysis page.