 PS Business Parks, Inc. (NYSE PSB) is a publicly traded full service real estate company with expertise in leasing, property management, acquisition and development. As of December 31, 2008 the Company owned and operated approximately 19.6 million rentable square feet of commercial space located in eight states: Arizona, California, Florida, Maryland, Oregon, Texas, Virginia, and Washington. The Company also manages approximately 1.4 million rentable square feet on behalf of Public Storage, Inc. and its affiliated entities. PS Business Parks was organized in 1986 as a division of a predecessor of Public Storage. Since becoming public in 1998, PS Business Parks' portfolio has grown from 5 million square feet by applying a disciplined investment approach. We have focused on "flex" properties that can be easily configured to suit a variety of uses and are located in high population growth markets near decision maker housing. This property type supports a wide variety of uses and customers. In each of the markets where we own properties we hire a professional team of skilled local real estate experts who are empowered to make ownership decisions and motivated to provide a high level of service to our customers. |
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PS Business Parks , Inc. (NYSE:PSB) is a publicly traded Real Estate Investment Trust (REIT) specializing in leasing commercial multi-tenant flex, office and industrial space throughout the United States with locations in Arizona, California, Florida, Maryland, Oregon, Texas, Virginia, Washington.
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