Investor Relations

An Industrial-focused Real Estate Investment Trust

PS Business Parks, Inc., a member of the S&P MidCap 400, is a REIT that acquires, develops, owns, and operates commercial properties, primarily multi-tenant industrial, flex, and office space.

Recent Event

2022 Annual Meeting of Shareholders

Latest Financial Results

Q1 2022

Quarter Ended Mar 31, 2022

$1.82

Core Funds from Operations (“FFO”) for the three months ended March 31, 2022 was $1.82 per share.

$74.1

Net operating income (“NOI”) attributable to the Company’s Same Park portfolio was $74.1 million for the three months ended March 31, 2022.

$2.60

Net income allocable to common stockholders for the three months ended March 31, 2022 was $2.60 per diluted common share.

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

Latest Annual Filing

For Fiscal Year Ending Dec 31, 2021

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Providing Multi-tenant Industrial, Industrial Flex, and Low-rise Suburban Office Properties

Providing Multi-tenant Industrial, Industrial Flex, and Low-rise Suburban Office Properties

The Company acquires, develops, owns, and operates commercial properties, predominantly multi-tenant industrial, industrial flex, and low-rise suburban office. Located primarily in major coastal markets, PS Business Parks’ 97 properties serve approximately 5,000 tenants in 28 million square feet. The portfolio also includes 800 residential units (inclusive of units in-process).

PS Business Parks at a Glance

27.7M

Square feet owned

~5K

Customers

97

Parks with operations in 6 states

Source

As of December 31, 2021 • 2021 10-K

Real Estate Built for Small Business America

Space

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.

Markets

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.

People

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.

Operations

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

Company

PS Business Parks, Inc.
701 Western Avenue
Glendale, CA 91201
T: 818-244-8080 ext. 1325
info@psbusinessparks.com

Investor Relations

Adeel Khan
Chief Financial Officer
akhan@psbusinessparks.com

Transfer Agent

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