Press Release: Peakstone Realty Trust Acquires 51-Property Industrial Outdoor Storage Portfolio

Dow Jones11-05

factors, including those risks disclosed in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Quarterly Report on Form 10-Q, in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q.

While forward-looking statements reflect our good faith beliefs, assumptions and expectations, they are not guarantees of future performance. The forward-looking statements speak only as of the date of this document. We disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this document, except as required by applicable law. We caution investors not to place undue reliance on any forward-looking statements, which are based only on information currently available to us.

Notes

   1. Weighted average based on ABR, defined as in-place monthly contractual 
      base rent excluding rent abatements under leases as of November 4, 2024, 
      multiplied by 12 months. For leases that have a rent abatement period in 
      effect as of November 4, 2024, the Company used the monthly contractual 
      base rent payable following expiration of the abatement period. 
 
   2. Weighted average based on usable acres. 
 
   3. Based on management's estimate of market rental rates as of November 4, 
      2024 divided by in-place monthly contractual base rent for the operating 
      assets as of that date. No assurance can be given that expiring leases 
      will be renewed or that available space will be re-leased above, below or 
      at management's estimate of market rental rates. 

View source version on businesswire.com: https://www.businesswire.com/news/home/20241104431920/en/

 
    CONTACT: 

ir@pkst.com

 
 

(END) Dow Jones Newswires

November 04, 2024 17:36 ET (22:36 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment