PSB on NYSE

PS Business Parks

Logo: psbusinessparks.com5

American real estate company

PS Business Parks, Inc., was a publicly traded real estate investment trust that acquired, developed, owned and operated commercial properties, primarily multi-tenant industrial, flex and office space. Located primarily in major coastal markets, PS Business Parks’ 97 properties served approximately 5,000 tenants, in 28 million square feet across California, Texas, Virginia, Florida, Maryland and Washington state. The portfolio also included 800 residential units (inclusive of units in-process) in Tysons, Virginia.3 Its shares trade on NYSE under the symbol PSB.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 20, 2026.

Overview

1986Founded1

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  • TickerPSB on NYSE1
  • Industryreal estate investment trust1
  • HeadquartersGlendale1
  • Websitepsbusinessparks.com
  • Incorporated inCA6
  • Business address600 North Brand Blvd, Ste 300, Glendale, Ca 91203-12416
  • Legal formLimited Partnership4
  • Kind of organizationLimited partnership1
  • LEI254900TV7T0H3KPADX434
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressc/o CORPORATION SERVICE COMPANY WHICH WILL DO BUSINESS IN CALIFORNIA AS CSC - LAWYERS INCORPORATING SERVICE, 95833 Sacramento, United States4
  • Registered withSecretary of State, 1997013000024

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PS Business Parks image from its website
Image: psbusinessparks.com5

PS Business Parks, Inc., was a publicly traded real estate investment trust that acquired, developed, owned and operated commercial properties, primarily multi-tenant industrial, flex and office space. Located primarily in major coastal markets, PS Business Parks’ 97 properties served approximately 5,000 tenants, in 28 million square feet across California, Texas, Virginia, Florida, Maryland and Washington state. The portfolio also included 800 residential units (inclusive of units in-process) in Tysons, Virginia. As of July 20, 2022, PS Business Parks, Inc.'s holdings have been transferred to Link Logistics Real Estate, an affiliate of Blackstone Real Estate. completing an acquisition first announced on April 25, 2022.3

The story

The company was formed in 1990 as a division of Public Storage.

In 1998, the company was spun-off from its parent.

In 2002, the company acquired Metro Park North, a 17-building business park in Rockville, Maryland for $125 million.

In 2011, the company purchased a 5.34 million-square-foot industrial and flex portfolio in Northern California from a subsidiary of Deutsche Bank for $520 million.

In 2018, the company acquired a portfolio of industrial properties in Northern Virginia for $143 million.

From Wikipedia’s article on PS Business Parks, shared under CC BY-SA 4.0.7

Leadership

Who has led PS Business Parks, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Dan M. Chandler Iii.2021

President

  1. Dan M. Chandler Iii.2021
1990200020102020

Products and brands

  • office

Listed on Wikidata.1

Timeline

  1. Apr 7, 2021New chief executive Dan M. Chandler Iii. becomes CEO8
  2. 1986Founded Founded1

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Feb 6, 2019Donna Shalala, HouseSale$1,001 - $15,000Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How PS Business Parks is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPS BUSINESS PARKS INC2
  • CIK0000870576
  • Employer ID (EIN)95-43008812
  • Incorporated inCalifornia2
  • Fiscal year endsDecember 312
  • Industry code (SIC)6798 Real Estate Investment Trusts2
  • Business address600 North Brand Blvd, Ste 300, Glendale, CA 91203-12412
  • Phone81824480802
  • On EDGAR sinceMar 12, 19962
  • Filings12 in all: SC 13G/A (7), SC 13G (3), SC 13D (1), SC 13D/A (1)2

Sources

The numbers on this page point here. Each one links to the record it came from.

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    Company websitePS Business Parks logo
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