PS Business Parks, Inc.

PS Business Parks, Inc.

PSB
PS Business Parks, Inc.US flagNew York Stock Exchange
187.44
USD
+0.06
- -
PS Business Parks, Inc.
PSB
(New York Stock Exchange)

Recent

price

187.44

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ratio

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div

yld

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Capital Structure

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Quarterly Dividends Per Share

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Business
PS Business Parks, Inc. (PSB) is a real estate investment trust that acquires, develops, owns and operates commercial properties, primarily multi-tenant industrial, flex, office and business park space; its portfolio encompasses approximately 27-28 million rentable square feet across 97 properties serving around 5,000 tenants, including warehouse facilities with dock access, industrial-flex spaces combining office and warehouse configurations suitable for assembly, showroom, laboratory, light manufacturing or storage uses, low-rise suburban offices and limited multifamily residential units. The company targets small- and medium-sized businesses, including government tenants, in high-barrier coastal and infill markets such as California, Texas, Virginia, Florida, Maryland and Washington state. Founded in 1990 as a division of Public Storage and spun off as a public REIT in 1998, PS Business Parks maintains headquarters in Glendale, California. In 2022, affiliates of Blackstone Real Estate completed a $7.6 billion acquisition of the company, integrating its assets into Link Logistics Real Estate and subsequently rebranding the business park operations as Link Parks.

Company News

APIChatGPT
  • PSB Holdings, Inc. Announces Quarterly Cash Dividend of $0.18 Per Share

  • Link Parks, Inc. (f/k/a PS Business Parks, Inc.) Commences Tender Offers to Purchase for Cash Any and All of its Outstanding Preferred Securities Described Below and Declares Third Quarter Dividend

  • Healthcare Trust of America & Coca-Cola Consolidated Set to Join S&P MidCap 400; Green Brick Partners to Join S&P SmallCap 600

  • PS Business Parks Will Disappear, But What With The Preferred Shares?

  • How This Self-Storage REIT Is Compounding Value

  • PS Business Parks (PSB) Q1 FFO Lags Estimates, Revenues Up Y/Y

  • 5 Real Estate Stocks With High GF Scores

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PSB, FSI, TWTR

  • Blackstone Continues Its REIT Buying Binge With $7.6 Billion PS Business Park Purchase

  • Why PS Business Parks Stock Rallied 13% Today

  • Blackstone to buy PS Business Parks in $7.6B take-private deal

  • Why PS Business Parks Stock Is Rising Today

  • Blackstone paying $7.6 billion for PS Business Parks

  • Blackstone to buy REIT PS Business Parks in $7.6 billion deal

  • Public Storage Provides Update in Relation to Agreed Acquisition of PS Business Parks by Affiliates of Blackstone Real Estate

  • Affiliates of Blackstone Real Estate to Acquire PS Business Parks, Inc. for $7.6 Billion

  • PS Business Parks, Inc. to Release First-Quarter 2022 Earnings and Host Quarterly Conference Call

  • PS Business Parks, Inc. to Release First-Quarter 2022 Earnings and Host Quarterly Conference Call

  • PS Business Parks (PSB) Closes Royal Tech Business Park Sale

  • PS Business Parks (PSB) Interim CEO Stephen Wilson on Q4 2021 Results - Earnings Call Transcript