Peakstone Realty Trust Sold to Brookfield for $1.2 Billion

Sterlington advised the management team of Peakstone Realty Trust on its $1.2 billion all-cash acquisition by Brookfield Asset Management. Peakstone is an industrial real estate investment trust with a strategic focus on the industrial outdoor storage sector. Brookfield is a leading global alternative asset manager with over $1 trillion of assets under management. The transaction is expected to close by the end of the second quarter of 2026, subject to customary closing conditions, including shareholder approval.