Sterlington Advises Management Team of Peakstone Realty Trust on $1.2 Billion Sale to Brookfield

NEW YORK--(BUSINESS WIRE)--Sterlington advised the management team of Peakstone Realty Trust (NYSE: PKST), an industrial real estate investment trust with a strategic focus on the industrial outdoor storage sector, in connection with its $1.2 billion all‑cash acquisition by Brookfield Asset Management.

Peakstone is an industrial real estate investment trust that owns and operates industrial outdoor storage (IOS) and traditional industrial properties, with a strategic focus on the IOS sector. Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager with over $1 trillion of assets under management across infrastructure, renewable power and transition, private equity, real estate, and credit.

The transaction has been unanimously approved by Peakstone’s Board of Trustees and is expected to close by the end of the second quarter of 2026, subject to customary closing conditions, including shareholder approval.

The Sterlington team was led by partners Jeremy Goldstein and Christopher Harrison and supported by partners Kristy Fields and Michael Gilligan.

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