
PS Business Parks, Inc. (AMEX: PSB) is a publicly traded real estate company that owns, operates or manages business parks comprising more than 20.1 million square feet of commercial industrial, office, retail and "flex" space throughout the nation. The Company's primary 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, acquire and develop well positioned quality properties where valuations are justified, continue to attract a diversified tenant base, develop new tenant services and provide superior tenant service. A predecessor of PS Business Parks was formed as a division of Public Storage in 1986 and became a public Real Estate Investment Trust in March 1998.
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