PKST Stock Discussion

Peakstone Realty Trust Description

Peakstone Realty Trust is an internally managed, publicly registered real estate investment trust (REIT) that owns and operates a high-quality, newer-vintage portfolio of predominantly single-tenant industrial and office properties. These assets are generally leased to creditworthy tenants under long-term net lease agreements with contractual rent escalations. As of March 31, 2023, Peakstone’s portfolio consists of 19 million square feet across 24 states in primarily high growth, strategic coastal and sunbelt markets.

Sector: Real Estate
Industry: REIT - Diversified
Keywords: Real Estate Investment Trust Contract Law Real Property Law Leasing Lease Landlord–Tenant Law
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TraderMike about 1 year ago

Wow, somebody is accumulating this like crazy!

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TraderMike about 1 year ago

Looks like it may finally be flaming out today as it's making a Shooting Star candlestick.  What a run from its IPO last week.  It reached more than a 5x gain from the opening price of $8.  The company left a ton of money on the table with that original pricing.

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