Company

PS Business Parks, Inc.

Headquarters: Glendale, CA, United States

Founded: 1990

Employees: 156

CEO: Mr. Stephen W. Wilson

show_chart NYSE: PSB

Market Cap

$4.73 Billion

USD as of April 1, 2022

history Market Cap History

PS Business Parks, Inc. market capitalization over time

Evolution of PS Business Parks, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of PS Business Parks, Inc.

Detailed Description

PS Business Parks, Inc., a member of the S&P MidCap 400, is a REIT that acquires, develops, owns, and operates commercial properties, primarily multi-tenant industrial, flex, and office space. As of September 30, 2020, the Company wholly owned 27.5 million rentable square feet with approximately 5,000 commercial customers in six states. The Company also held a 95.0% interest in a 395-unit apartment complex and a 98.2% interest in a development of a 411-unit multifamily apartment complex.

Wikipedia Introduction

PS Business Parks, Inc., is a publicly-traded real estate investment trust that acquires, develops, owns and operates commercial properties, primarily multi-tenant industrial, flex and office space. Located primarily in major coastal markets, PS Business Parks’ 97 properties serve approximately 5,000 tenants, in 28 million square feet across California, Texas, Virginia, Florida, Maryland and Washington state. The portfolio also includes 800 residential units (inclusive of units in-process) in Tysons, Virginia.

Source: Wikipedia, retrieved on March 31, 2022, 9:03 p.m.

Stocks & Indices

PS Business Parks, Inc. has the following listings and related stock indices.


Stock: NYSE: PSB

Stock: FSX: W8U

Stock: NYSE: PSB.PR.X

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Product & Services

Office buildings

Key People

Mac Chandler, CEO Ronald L. Havner, Jr., Chairman

Financials

Revenue: $429 million (2019)

Net income: $108 million (2019)


Total assets: $2.046 billion (2019)

Total equity: $1.961 billion (2019)

Details

Headquarters:

701 Western Avenue

Glendale, CA 91201

United States

Phone: 818-244-8080

Fax: 818-242-0566