Peakstone Realty Trust (PKST) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings, and welcome to Peakstone Realty Trust First Quarter 2025 Earnings Webcast Conference Call. At this time, all participants are in listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance, please press star then zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Steve Sweat, Investor Relations. Please go ahead, Sam. Good afternoon, and thank you for joining us for Peakstone Realty Trust's first quarter 2025 earnings call and webcast. Earlier today, we posted an earnings release supplemental and updated investor presentation to the investors page on our website at www.pkst.com. Please reach out to our investor relations team at ir.pkst.com with any questions. The company will be making forward-looking statements, which include any statements that are not historical facts on today's webcast. Such forward-looking statements are based on expectations that involve risks and uncertainties. It could cause actual results to differ materially. For further discussion of risks related to our business, please see our annual report on Form 10-K and subsequent filings with the SEC. Additionally, on this call, the company may refer to certain non-GAAP financial measures, such as funds from operations, core funds from operations, adjusted funds from operations, EBITRE, and adjusted EBITRE. You can find a tabular reconciliation of these non-GAAP financial measures comparable to the most currently GAAP numbers in the company's earnings release and filings with the SEC. On the call today are Mike Escalante, CEO and President, and Javier Bitar, CFO. With that, I'll hand the call over to Mike. Good afternoon, and thank you...