PS Business Parks

PS Business Parks
Public
Traded as NYSE: PSB
Industry Real estate
Founded 1986
Headquarters Glendale, California, United States
Area served
California Florida Maryland Texas Virginia Washington
Key people
Maria Hawthorne, CEO; Ronald L. Havner, Jr., Chairman of Board of Directors
Services Property management, Acquisition, Development
Revenue Increase $376 mm US Dollars (2014) [1]
Increase $133,475 mm US Dollars (2015) [2]
Increase $130,475 mm US Dollars (2015) [3]
Number of employees
175 [4]
Website PSbusinessparks.com

PS Business Parks, Inc. is a publicly traded full service real estate company with expertise in leasing, property management, acquisition and development. PS Business Parks is a member of the S&P SmallCap 600 and is a self-advised and self-managed equity real estate investment trust (“REIT”). As of September 30, 2016, the Company wholly owned 28 million leasable square feet and worked with approximately 4,900 customers in six states: California, Texas, Virginia, Florida, Maryland and Washington. Additionally, the company manages 737,000 square feet of space on behalf of Public Storage.

References

Plumb, Tiffany. PS Business Parks Closes on Vienna Purchase. August 4, 2010. Accessed October 7, 2010. Forbes, Laurie. PS Business Parks Buys RREEF Industrial Assets for $520M. December 27, 2011. Accessed December 30, 2011


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