PS Business Parks, Inc.

PS Business Parks, Inc., an S&P MidCap 400 constituent, is a real estate investment trust primarily focused on acquiring, developing, owning, and managing commercial properties. Its primary holdings include multi-tenant industrial, flexible-use, and office spaces. By September 30, 2020, the company's portfolio encompassed 27.5 million wholly-owned rentable square feet, serving roughly 5,000 business clients across six states. At that date, PS Business Parks also possessed a 95.0% interest in a 395-unit apartment complex and a 98.2% stake in the development of a 411-unit multifamily complex. As of July 20, 2022, PS Business Parks, Inc. operates as a subsidiary entity of Blackstone Real Estate Advisors.