Trenton A. Groves is now serving in a new position at PS Business Parks, Inc.
Sep 22, 2018
Board and Executive Moves
Senior Vice President, Chief Accounting Officer & Assistant Secretary at PS Business Parks, Inc.
In The News
Sep 22, 2018 - RelSci
Sep 10, 2018 - SNL Real Estate Daily
Sep 10, 2018 - Global Banking News
PS Business Parks, Inc. (NYSE: PSB) is a publicly traded full service real estate company with expertise in leasing, property management, acquisition and development. As of October 2012 the Company owned and operated approximately 28.3 million rentable square feet of commercial space located in eight states: Arizona, California, Florida, Maryland, Oregon, Texas, Virginia, and Washington. The Company also manages approximately 1.2 million rentable square feet on behalf of Public Storage, Inc. and its affiliated entities. 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 5 million square feet by applying a disciplined investment approach. We have 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 we own properties we hire 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. The Company’s investment objective is to maximize shareholder value by achieving long-term growth in net asset value per share. Key elements of PS Business Parks’ growth strategy include: maximizing portfolio cash flow, maintaining focus on core markets, acquiring and developing well positioned quality properties where valuations are justified, continuing to attract a diversified tenant base, developing new tenant services and providing superior tenant service.
In The News
Jan 26, 2020 - Silicon Valley Business News
PS Business Parks, Inc. to Release Fourth Quarter and Full Year 2019 Earnings and Host Quarterly Conference Call
Jan 22, 2020 - Business Wire
Jan 21, 2020 - Business Wire