CONSENT OF INDEPENDENT AUDITORS

         We consent to the incorporation by reference in the Registration Statement on Form S-8 (No.
333-____________) of PS Business Parks, Inc. pertaining to the Public Storage Profit Sharing Plan (to be renamed
the PS 401(k)/Profit Sharing Plan) of our report dated January 31, 2000 with respect to the consolidated
financial statements and schedule of PS Business Parks, Inc. included in its Annual Report on Form 10-K for the
year ended December 31, 1999 filed with the Securities and Exchange Commission.

                                                          /s/ ERNST & YOUNG LLP

Los Angeles, California
November 20, 2000