First Quarter 2021 Investor Conference Call

Apr 28, 2021 • 10:00 am PDT

Latest Financial Results

FY 2020

Fiscal Year Ended Dec 31, 2020


Funds from Operations (“FFO”) for the three months ended December 31, 2020 was $1.66 per share.


Net operating income (“NOI”) attributable to the Company’s Same Park portfolio was $68.0 for the three months ended December 31, 2020.


Net income allocable to common shareholders for the three months ended December 31, 2020 was $0.98 per diluted common share.

For complete information regarding our financials, see our periodic filings.

Latest Annual Filing

For Fiscal Year Ending Dec 31, 2020

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Providing Multi-tenant Industrial, Flex, and Office Space Properties

Providing Multi-tenant Industrial, Flex, and Office Space Properties

As of December 31, 2020, the Company wholly owned 27.7 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.

PS Business Parks at a Glance


Square feet owned




Parks with operations in 6 states and 12 markets


As of Dec 31, 2019 • 10K 2019

Real Estate Built for Small Business America


Our focus is on providing small-and medium-sized companies with a wide array of simple, easy to use, and functional spaces. The concentration of ownership within our parks and markets allows us to meet the needs of our customers as their business needs change.


We are concentrated in submarkets with high barriers to entry in some of the most desired and premier industrial markets in the U.S. More than 80% of our square footage is located in coastal markets.


Our property management and leasing functions are performed in-house through a decentralized platform with offices in each of our markets, which, among other benefits, allows our team to have a customer-centric focus by routinely interacting with and responding to the needs of new and renewing customers.


Our operating strategy is wrapped around a strong, conservative capital structure, which prioritizes retained cash flow that we use to reinvest in our existing parks, acquire new parks, and fund developments.

IR Contacts


PS Business Parks, Inc.
701 Western Avenue
Glendale, CA 91201
T: 818-244-8080 ext. 1325
F: 818-242-0566

Investor Relations

Jeff D. Hedges
Executive Vice President, Chief Financial Officer and Secretary
T: 818-244-8080 ext. 1649
F: 818-242-0566

Transfer Agent

American Stock Transfer & Trust Company
59 Maiden Lane
New York, NY 10038
T: 800-937-5449