Peakstone Realty Trust reports Q2 adjusted FFO 61c

Reports Q2 revenue $54.0M. The company said, “We continue to make strong progress in our transformation to an industrial REIT focused on IOS, with industrial assets now representing approximately 65% of the net book value of our real estate assets,” said Michael Escalante, CEO. “This momentum reflects disciplined execution across several core strategies – including IOS growth through acquisitions and leasing, the full monetization of our office portfolio, and continued leverage reduction.”