PS Business Parks, Inc. [Acquired] | REIT Profile
Symbol: PSB
CIK: 866368
Exchange: NYSE
Founded: 1990
HQ: Glendale, CA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Office, Industrial
 |
 |
 |
 |
 |
 |
PS Business Parks, Inc., a member of the S&P Small Cap 600, is a self-advised and self-managed real estate investment trust ("REIT") that acquires, develops, owns and operates commercial properties, primarily multitenant flex, office and industrial space. The Company defines flex space as buildings that are configured with a combination of office and warehouse space and can be designed to fit a number of uses (including office, assembly, showroom, laboratory, light manufacturing and warehouse space). As of September 30, 2017, the Company wholly owned 28.0 million rentable square feet with approximately 4,950 customers concentrated in six states.
Latest REIT Press Releases
- PS Business Parks, Inc. Commences Tender Offers to Purchase for Cash Any and All of its Outstanding Preferred Securities Described Below and Declares Quarterly Dividend to be Paid in the First Quarter of 2023 - Thu, 02 Mar 2023 01:02:28 UTC
- PS Business Parks, Inc. Stockholders Approve Acquisition by Affiliates of Blackstone Real Estate - Fri, 15 Jul 2022 20:07:31 UTC
- PS Business Parks, Inc. Announces Anticipated Closing Date of Pending Transaction; Declares Dividends in Connection with Pending Transaction - Fri, 08 Jul 2022 20:46:22 UTC
- PS Business Parks, Inc. Reports Results for the Quarter Ended March 31, 2022 - Mon, 02 May 2022 20:47:17 UTC
- Affiliates of Blackstone Real Estate to Acquire PS Business Parks, Inc. for $7.6 Billion - Mon, 25 Apr 2022 13:03:18 UTC
Related Information
| Material | Source | Description |
|---|---|---|
| PS Business Parks, Inc. Stockholders Approve Acquisition by Affiliates of Blackstone Real Estate (2022-07-15) | BUSINESS WIRE | GLENDALE, Calif.--(BUSINESS WIRE)--PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) announced that, at a Special Meeting of Stockholders held earlier today, PSB stockholders voted to approve the acquisition of PSB by affiliates of Blackstone Real Estate (“Blackstone”). |
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| Public Storage (PSA) | 8.5 | NYSE | Large-Cap | Self Storage | United States |
Last updated: 2025-07-02 - v6.4