PS Business Parks, Inc.

PS Business Parks, Inc. (NYSE: PSB), a member of the S&P MidCap 400, is a real estate investment trust (“REIT”) that acquires, develops, owns and operates commercial properties, primarily multi-tenant industrial, flex and office space. The Company wholly owns over 27 million rentable square feet concentrated in six states and holds a 95% interest in a 395-unit apartment complex.PS Business Parks was organized in 1986 as a division of a predecessor of Public Storage. Since becoming public in 1998, PS Business Parks’ portfolio has grown from five million square feet to more than 28 million square feet by applying a disciplined investment approach. PSB has focused on “flex” properties that can be easily configured to suit a variety of uses and are located in high population growth markets near decision maker housing. This property type supports a wide variety of uses and customers. In each of the markets where PSB owns properties, the Company hires a professional team of skilled local real estate experts who are empowered to make ownership decisions and motivated to provide a high level of service to our customers.