(:PSB)

Jul 15, 2022 04:07 pm ET
PS Business Parks, Inc. Stockholders Approve Acquisition by Affiliates of Blackstone Real Estate
PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) announced that, at a Special Meeting of Stockholders held earlier today, PSB stockholders voted to approve the acquisition of PSB by affiliates of Blackstone Real Estate (“Blackstone”).
Jul 13, 2022 06:13 pm ET
Healthcare Trust of America & Coca-Cola Consolidated Set to Join S&P MidCap 400; Green Brick Partners to Join S&P SmallCap 600
NEW YORK, July 13, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
Jul 09, 2022 07:06 pm ET
Lifshitz Law PLLC Announces Investigation of HMTV, PCSB, PSB, and RADA
Hemisphere Media Group, Inc. (NASDAQ: HMTV) Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of HMTV to a subsidiary of Gato Investments LP for $7.00 in cash per share of HMTV owned....
Jul 08, 2022 04:46 pm ET
PS Business Parks, Inc. Announces Anticipated Closing Date of Pending Transaction; Declares Dividends in Connection with Pending Transaction
PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) announced today that it expects to complete its previously announced transaction (the “Transaction”) with affiliates of Blackstone Real Estate (“Blackstone”) on or around July 20, 2022 following the special meeting of PSB’s common stockholders on July 15, 2022. The completion of the Transaction remains subject to approval by PSB’s common stockholders and other customary closing conditions.
Jun 29, 2022 12:50 am ET
INVESTIGATION NOTICE: Halper Sadeh LLP Investigates FSI, PSB, SIMO, HMTV
Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Flexible Solutions International, Inc....
Jun 27, 2022 09:00 am ET
INVESTIGATION NOTICE: Halper Sadeh LLP Investigates FSI, PSB, SIMO
NEW YORK, June 27, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Jun 22, 2022 08:03 pm ET
Lifshitz Law PLLC Announces Investigation of MN, PSB, VMW, and RADA
Manning & Napier, Inc. (NYSE: MN) Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of MN to Callodine Group, LLC for $12.85 in cash per share of MN owned. If you are an investor, and...
Jun 22, 2022 01:41 am ET
Jun 22, 2022 01:28 am ET
SHAREHOLDER NOTICE: Halper Sadeh LLP Investigates PSB, EMCF, VMW, FSI
Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: PS Business Parks, Inc. (NYSE: PSB)’s...
Jun 20, 2022 09:00 am ET
SHAREHOLDER INVESTIGATION ALERT: Halper Sadeh LLP Investigates PSB, EMCF, VMW, FSI, MN
NEW YORK, June 20, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Jun 18, 2022 07:11 pm ET
Lifshitz Law PLLC Announces Investigation of MN, PSB, VMW, and STON
Manning & Napier, Inc. (NYSE: MN) Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of MN to Callodine Group, LLC for $12.85 in cash per share of MN owned. If you are an...
Jun 16, 2022 09:00 am ET
INVESTIGATION ALERT: Halper Sadeh LLP Investigates PSB, PCSB, VMW, MN
Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: PS Business Parks, Inc. (NYSE: PSB)’s...
Jun 13, 2022 09:00 am ET
INVESTIGATION ALERT: Halper Sadeh LLP Investigates PSB, SREV, HMTV, MANT, CDEV
NEW YORK, June 13, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Jun 08, 2022 10:12 am ET
INVESTIGATION ALERT: Halper Sadeh LLP Investigates PSB, SREV, SWCH
Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: PS Business Parks, Inc. (NYSE: PSB)’s...
Jun 07, 2022 07:35 pm ET
Lifshitz Law PLLC Announces Investigation of MN, PSB, SAIL, and STON
Manning & Napier, Inc. (NYSE: MN) Lifshitz Law LLP announces investigation into possible breach of fiduciary duties in connection with the sale of MN to Callodine Group, LLC for $12.85 in cash per share of MN owned. If you are an investor, and...
Jun 07, 2022 07:31 pm ET
Lifshitz Law PLLC Announces Investigation of MN, PSB, SAIL, and STON
Manning & Napier, Inc. (NYSE: MN) Lifshitz Law LLP announces investigation into possible breach of fiduciary duties in connection with the sale of MN to Callodine Group, LLC for $12.85 in cash per share of MN owned. If you are an investor, and...
Jun 06, 2022 09:00 am ET
SHAREHOLDER UPDATE: Halper Sadeh LLP Investigates PSB, SREV, BKI, SIMO
NEW YORK, June 6, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
May 31, 2022 06:00 am ET
SHAREHOLDER NOTICE: Halper Sadeh LLP Investigates PSB, HMTV, SIMO, BKI
NEW YORK, May 31, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
May 28, 2022 08:00 pm ET
Lifshitz Law PLLC Announces Investigation of MN, PSB, SAIL, and STON
Manning & Napier, Inc. (NYSE: MN) Lifshitz Law LLP announces investigation into possible breach of fiduciary duties in connection with the sale of MN to Callodine Group, LLC for $12.85 in cash per share of MN owned. If you are an...
May 27, 2022 04:26 pm ET
PS Business Parks, Inc. Announces Expiration of “Go-Shop” Period Contained In Previously Announced Merger Agreement
PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) announced today the expiration of the “go-shop” period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate (“Blackstone”), dated as of April 24, 2022 (the “merger agreement”). Under the terms of the merger agreement, Blackstone has agreed to acquire all the outstanding shares of the Company’s common stock for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion, including transaction expenses. The “go-shop” period expired at 11:59 p.m. (New York City
May 24, 2022 06:02 pm ET
Lifshitz Law PLLC Announces Investigation of MN, PSB, SAIL, and NLSN
Manning & Napier, Inc. (NYSE: MN) Lifshitz Law LLP announces investigation into possible breach of fiduciary duties in connection with the sale of MN to Callodine Group, LLC for $12.85 in cash per share of MN owned. If you are an investor, and...
May 23, 2022 09:00 am ET
SHAREHOLDER ALERT: Halper Sadeh LLP Investigates ACC, PSB, CLBS, FSI
NEW YORK, May 23, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
May 21, 2022 08:33 am ET
SHAREHOLDER NOTICE: Halper Sadeh LLP Investigates PSB, BKI, NLSN, LHCG
Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: PS Business Parks, Inc. (NYSE: PSB)’s...
May 17, 2022 05:50 pm ET
INVESTIGATION NOTICE: Halper Sadeh LLP Investigates PSB, GTYH, MN, FSI
NEW YORK, May 17, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
May 17, 2022 10:41 am ET
PS BUSINESS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PS Business Parks, Inc. - PSB
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of PS Business Parks, Inc. (NYSE: PSB) to affiliates of Blackstone Real Estate. Under the terms of the proposed transaction, shareholders of PS will receive only $187.50 in cash for each share of PS that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
May 11, 2022 10:18 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PSB, SREV, HMTV, BHVN
Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: PS Business Parks, Inc. (NYSE: PSB)’s...
May 09, 2022 09:00 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates CMPI, PSB, ATRS, VWTR
NEW YORK, May 9, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
May 05, 2022 07:08 pm ET
PS BUSINESS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PS Business Parks, Inc. - PSB
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of PS Business Parks, Inc. (NYSE: PSB) to affiliates of Blackstone Real Estate. Under the terms of the proposed transaction, shareholders of PS will receive only $187.50 in cash for each share of PS that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
May 05, 2022 01:13 pm ET
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Silicon Motion Technology Corporation (Nasdaq – SIMO), Black Knight, Inc. (NYSE – BKI), GTY Technology Holdings
Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no...
May 03, 2022 09:00 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PSB, GTYH, TEN, ZWS
Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: PS Business Parks, Inc. (NYSE: PSB)’s...
May 02, 2022 04:47 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended March 31, 2022
PS Business Parks, Inc. (NYSE:PSB), a real estate investment trust (“REIT”), today announced financial and operating results for the quarter ended March 31, 2022.
May 02, 2022 01:54 pm ET
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: GTY Technology Holdings Inc. (Nasdaq – GTYH), PS Business Parks Inc. (NYSE - PSB), Blueknight Energy Partners,
Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no...
May 02, 2022 09:00 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates CDK, PSB, GTYH
NEW YORK, May 2, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Apr 28, 2022 09:00 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PSB, TWTR
Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: PS Business Parks, Inc. (NYSE: PSB)’s...
Apr 27, 2022 12:34 pm ET
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Blueknight Energy Partners, L.P. (Nasdaq - BKEP), PS Business Parks Inc. (NYSE - PSB), Isleworth Healthcare Acq
Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no...
Apr 26, 2022 04:38 pm ET
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of PS Business Parks, Inc.
NEW YORK, April 26, 2022 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by PS Business Parks, Inc. (NYSE: PSB) and its board of directors concerning the proposed acquisition of the company by Blackstone Real Estate. Stockholders will receive $187.50 for each share of PS Business Parks stock that they hold. The transaction is valued at approximately $7.6 billion and is expected to close in the third quarter of 2022.
Apr 26, 2022 04:37 pm ET
SHAREHOLDER ALERT: Weiss Law Investigates PS Business Parks, Inc.
NEW YORK, April 26, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of PS Business Parks, Inc. ("PSB" or the "Company") (NYSE: PSB), in connection with the proposed acquisition of the Company by Blackstone Real Estate. Under the terms of the merger agreement, the Company's shareholders will receive $187.50 in cash for each share of PSB common stock owned. The transaction is valued at $7.6 billion. 
Apr 26, 2022 09:00 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PSB, FSI, TWTR
NEW YORK, April 26, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Apr 25, 2022 01:42 pm ET
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: PS Business Parks Inc. (NYSE - PSB), Checkmate Pharmaceuticals, Inc. (Nasdaq - CMPI), XPAC Acquisition Corp. (
Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no...
Apr 25, 2022 12:10 pm ET
Shareholder Alert: Ademi LLP investigates whether PS Business Parks, Inc. has obtained a Fair Price in its transaction with Ergon
MILWAUKEE, April 25, 2022 /PRNewswire/ -- Ademi LLP is investigating PS Business Parks (NYSE: PSB) for possible breaches of fiduciary duty and other violations of law in its transaction with Ergon.
Apr 25, 2022 11:33 am ET
PS BUSINESS PARKS ALERT: Bragar Eagel & Squire, P.C. Investigates Merger of PSB and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of PS Business Parks, Inc. (“PSB”) (NYSE: PSB) breached their fiduciary duties or violated the...
Apr 25, 2022 09:26 am ET
PSB Stock Alert: Halper Sadeh LLP is Investigating Whether the Sale of PS Business Parks, Inc. Is Fair to Shareholders
Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of PS Business Parks, Inc. (NYSE: PSB) to affiliates of Blackstone Real Estate for $187.50 per share in cash is fair to PS Business Parks shareholders.
Apr 25, 2022 09:05 am ET
Public Storage Provides Update in Relation to Agreed Acquisition of PS Business Parks by Affiliates of Blackstone Real Estate
Public Storage (NYSE:PSA) (“Public Storage” or the “Company”) today provided certain updates as to the impact on Public Storage of the agreed acquisition by affiliates of Blackstone Real Estate (“Blackstone”) of PS Business Parks, Inc. (NYSE:PSB) (“PS Business Parks”), which was announced today. Upon consummation of the transaction, Public Storage, like all holders of PS Business Parks’ common shares and units, would receive $187.50 in cash per PS Business Parks common share or unit. Public Storage holds an approximate 41% common equity interest in PS Business Parks through approximately 7.2 m
Apr 25, 2022 09:03 am ET
Affiliates of Blackstone Real Estate to Acquire PS Business Parks, Inc. for $7.6 Billion
PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) and Blackstone (NYSE:BX) today announced that they have entered into a definitive agreement under which affiliates of Blackstone Real Estate (“Blackstone”) will acquire all outstanding shares of common stock of PSB for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion, including transaction expenses. The purchase price represents a premium of approximately 15% to the volume weighted average share price over the last 60 days.
Apr 08, 2022 06:02 pm ET
PS Business Parks, Inc. to Release First-Quarter 2022 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) (the “Company”) announced today that it intends to release its first-quarter 2022 earnings after the close of business on Monday, May 2, 2022.
Apr 05, 2022 05:19 pm ET
PS Business Parks, Inc. Names Stephen W. Wilson as President and Chief Executive Officer
PS Business Parks, Inc. (NYSE:PSB) announced today that Stephen W. Wilson has been appointed as the Company’s President and Chief Executive Officer, effective immediately. Mr. Wilson has been serving as interim President and Chief Executive Officer since January 17, 2022. Mr. Wilson has been a director of the Company since July 2019 and will continue to serve as a director.
Mar 30, 2022 04:05 pm ET
PS Business Parks, Inc. Announces Disposition of the Royal Tech Business Park
PS Business Parks, Inc. (NYSE:PSB) (the “Company”) announced today that it has closed on the sale of the remaining 12 buildings in the Royal Tech Business Park, located in Irving, Texas. The gross sales price for the remaining buildings was $93.0 million, with net sales proceeds of approximately $91.9 million after transactions costs.
Mar 23, 2022 04:06 pm ET
PS Business Parks, Inc. President and CEO Dan “Mac” Chandler, III Steps Down for Health Reasons; Stephen W. Wilson to Continue to Serve as Interim President and Chief Executive Officer
PS Business Parks, Inc. (NYSE:PSB) today announced that Dan “Mac” Chandler, III, the Company’s President and Chief Executive Officer, who has been on medical leave since January 17, 2022, will step down as President and Chief Executive Officer and as a member of the Board of Directors for health reasons, effective March 23, 2022. Stephen W. Wilson, who was appointed interim President and Chief Executive Officer on January 17, 2022, will continue to serve in that role, and will continue to be supported by the Company’s senior management team, including Maria R. Hawthorne, interim Chief Operatin
Feb 22, 2022 04:08 pm ET
PS Business Parks, Inc. Reports Results for the Quarter and Year Ended December 31, 2021
PS Business Parks, Inc. (NYSE:PSB), a real estate investment trust (“REIT”), today announced financial and operating results for the quarter and year ended December 31, 2021.
Jan 27, 2022 04:05 pm ET
PS Business Parks, Inc. to Release Fourth Quarter 2021 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) (the “Company”) announced today that it intends to release its fourth quarter 2021 earnings after the close of business on Tuesday, February 22, 2022.
Jan 21, 2022 04:05 pm ET
PS Business Parks, Inc. Announces Tax Treatment of 2021 Dividends
PS Business Parks, Inc. (NYSE:PSB) announced today the tax treatment of the Company’s 2021 dividends. For the tax year ended December 31, 2021, the distributions for the common stock and preferred stock were classified as follows:
Jan 18, 2022 04:13 pm ET
PS Business Parks, Inc. Names Stephen W. Wilson as Interim President and Chief Executive Officer and Maria R. Hawthorne as Interim Chief Operating Officer; Dan M. Chandler, III to take Medical Leave o
PS Business Parks, Inc. (NYSE:PSB) today announced the appointments of Stephen W. Wilson as interim President and Chief Executive Officer and Maria R. Hawthorne as interim Chief Operating Officer, effective January 17, 2022. Mr. Wilson has been a director of the Company since 2019 and served as Executive Vice President—Development at AvalonBay Communities, Inc. (NYSE:AVB) prior to his retirement in 2019. Ms. Hawthorne has been a Company director since 2016 and previously served in various senior leadership positions at the Company, including as President and Chief Executive Officer, prior to h
Dec 01, 2021 04:05 pm ET
PS Business Parks, Inc. Announces Special Dividend to Be Paid in the Fourth Quarter 2021
PS Business Parks, Inc. (NYSE:PSB) today announced that its Board of Directors recently declared a one-time dividend of $4.60 per share of common stock, payable on December 30, 2021 to stockholders of record on December 15, 2021. This one-time dividend distribution will be paid in addition to the previously announced quarterly dividend of $1.05 per share of common stock, also payable on December 30, 2021 to stockholders of record on December 15, 2021.
Oct 28, 2021 04:05 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended September 30, 2021
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the three and nine months ended September 30, 2021.
Oct 19, 2021 05:18 pm ET
PS Business Parks, Inc. Closes Lusk Business Park Disposition
PS Business Parks, Inc. (NYSE:PSB) (the “Company”) announced today that it has closed on the previously announced sale of its Lusk Business Park, located in the Sorrento Mesa submarket of San Diego, California, to an affiliate of Longfellow Real Estate Partners (the “Buyer”) for a gross purchase price of $315.4 million (the “Lusk Sale”). The Company noted that net proceeds from the Lusk Sale, after payment of transaction costs, were $311.1 million.
Oct 12, 2021 04:05 pm ET
PS Business Parks, Inc. to Release Third Quarter 2021 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) (the “Company”) announced today that it intends to release its third quarter 2021 earnings after the close of business on Thursday, October 28, 2021.
Oct 07, 2021 04:05 pm ET
PS Business Parks, Inc. Names Adeel Khan as Chief Financial Officer
PS Business Parks, Inc. (NYSE:PSB) announced today that Adeel Khan has been appointed as the Company’s Executive Vice President, Chief Financial Officer and Corporate Secretary, effective January 10, 2022. Jeffrey D. Hedges will continue to serve as the Company’s Executive Vice President, Chief Financial Officer and Corporate Secretary until November 12, 2021 and has agreed to serve as a consultant to the Company until February 11, 2022 to facilitate the transition.
Oct 06, 2021 04:28 pm ET
PS Business Parks, Inc. Announces Agreement to Sell Lusk Business Park in San Diego, California
PS Business Parks, Inc. (NYSE:PSB; the “Company”) has entered into a Purchase and Sale Agreement (the “Agreement”) by and between the Company and an affiliate of Longfellow Real Estate Partners (the “Buyer”). The Agreement provides that, upon the terms and subject to the conditions set forth therein, the Buyer will acquire the Company’s Lusk Business Park, located in the Sorrento Mesa submarket of San Diego, California, for a gross purchase price of $315.4 million (the “Lusk Sale”). As of October 6, 2021, the Buyer’s due diligence period expired without exception and the required purchase depo
Oct 04, 2021 04:06 pm ET
PS Business Parks, Inc. Announces Election of New Director
PS Business Parks, Inc. (NYSE:PSB) (the “Company”) announced today that its Board of Directors elected M. Christian Mitchell to the Board of Directors effective October 4, 2021.
Oct 04, 2021 04:05 pm ET
PS Business Parks, Inc. Announces Redemption of All Outstanding Depositary Shares Representing Interests in its 5.20% Cumulative Preferred Stock, Series W
PS Business Parks, Inc. (NYSE:PSB) announced today that it is calling for redemption of all outstanding depositary shares representing interests in its 5.20% Cumulative Preferred Stock, Series W (NYSE:PSBPrW) on November 3, 2021, at $25 per share plus accrued dividends from October 1, 2021, through the date of redemption. The aggregate redemption amount, before payment of accrued dividends, to be paid to the holders of the depositary shares is $189.8 million.
Sep 01, 2021 05:12 pm ET
PS Business Parks, Inc. Announces Acquisition of Port America in Texas
PS Business Parks, Inc. (NYSE:PSB) announced today that it has completed the acquisition of Port America, a 717,735 square foot multi-tenant industrial park located in Dallas, Texas, for a total purchase price of $123.0 million.
Aug 24, 2021 04:07 pm ET
PS Business Parks, Inc. Announces Amendment and Restatement of Unsecured Revolving Credit Facility
PS Business Parks, Inc. (NYSE:PSB) today announced that its operating partnership, PS Business Parks, L.P., entered into a Fourth Amended and Restated Credit Agreement (the “Credit Agreement”). The amendment and restatement, among other things, increases the aggregate principal amount of the unsecured revolving credit facility (“Credit Facility”) from $250 million to $400 million, and extends the maturity date to August 24, 2025, with two six-month extension options or one twelve-month extension option. The Credit Facility now bears interest at LIBOR plus 0.70% and includes a facility fee of 1
Aug 03, 2021 01:05 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended June 30, 2021
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the three and six months ended June 30, 2021.
Jul 15, 2021 05:02 pm ET
PS Business Parks, Inc. to Release Second Quarter 2021 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its second quarter 2021 earnings after the close of business on Tuesday, August 3, 2021.
Jun 07, 2021 09:53 pm ET
PS Business Parks, Inc. Virtual Presentation at Nareit REITweek 2021 to be Webcast
PS Business Parks, Inc. (NYSE:PSB) (the “Company”) announced today that the Company will make a virtual presentation at REITweek 2021 on Tuesday, June 8, 2021, from 1:30 p.m. to 2:00 p.m. (PDT). The presentation will be webcast and available to registered REITweek participants. Registration is complimentary and accessible through Nareit’s
May 19, 2021 04:01 pm ET
PS Business Parks, Inc. Completes Maryland Reincorporation
PS Business Parks, Inc. (NYSE:PSB) (the “Company”) announced today that it has completed the reincorporation of the Company from the State of California to the State of Maryland. The reincorporation was approved by common and preferred shareholders in connection with the 2021 Annual Meeting of Shareholders. The reincorporation changed the legal domicile of the Company, but did not result in any change in the name, business, management, fiscal year, accounting, location of the principal executive offices, assets or liabilities of the Company. The Company’s common stock will continue to be liste
May 13, 2021 04:05 pm ET
PS Business Parks, Inc. Announces Departure of John W. Petersen, Executive Vice President and Chief Operating Officer
PS Business Parks, Inc. (NYSE:PSB) (the “Company”) announced today that John W. Petersen will resign as Executive Vice President and Chief Operating Officer of the Company on or about June 11, 2021. Mr. Petersen has served as Executive Vice President and Chief Operating Officer since he joined the Company in December 2004.
Apr 27, 2021 04:45 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended March 31, 2021
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the three months ended March 31, 2021.
Apr 22, 2021 05:01 pm ET
PS Business Parks, Inc. Announces Election of Two New Directors
PS Business Parks, Inc. (NYSE:PSB) (the “Company”) announced today that its Board of Directors elected Dan “Mac” Chandler, III and Irene H. Oh to the Board of Directors effective April 20, 2021.
Apr 09, 2021 05:02 pm ET
PS Business Parks, Inc. to Release First Quarter 2021 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its first quarter 2021 earnings after the close of business on Tuesday, April 27, 2021.
Mar 02, 2021 04:31 pm ET
PS Business Parks, Inc. Names Mac Chandler as President and Chief Executive Officer
PS Business Parks, Inc. (NYSE:PSB) announced today that Dan “Mac” Chandler, III has been appointed as the Company’s President and Chief Executive Officer, effective April 5, 2021. John W. Petersen, the Company’s interim President and Chief Executive Officer, will remain in that role until April 5, 2021, when he will continue serving as the Company’s Executive Vice President and Chief Operating Officer.
Feb 22, 2021 04:39 pm ET
PS Business Parks, Inc. Reports Results for the Quarter and Year Ended December 31, 2020
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the quarter and year ended December 31, 2020.
Jan 29, 2021 05:29 pm ET
PS Business Parks, Inc. to Release Fourth Quarter 2020 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its fourth quarter 2020 earnings after the close of business on Monday, February 22, 2021.
Jan 21, 2021 04:01 pm ET
EXL Announces Appointment of Kristy Pipes to Board of Directors
ExlService Holdings, Inc. (NASDAQ: EXLS), a leading operations management and analytics company, today announced that Kristy Pipes, an executive with significant experience managing global financial companies, has been appointed to the Company’s...
Jan 19, 2021 07:35 pm ET
PS Business Parks, Inc. Announces Tax Treatment of 2020 Dividends
PS Business Parks, Inc. (NYSE:PSB) announced today the tax treatment of the Company’s 2020 dividends. For the tax year ended December 31, 2020, 100% of the distributions for the common stock and all the various series of preferred stock for all four quarters were classified as ordinary income. The Company did not declare a capital gain distribution, nor did it have any undistributed long-term capital gain for 2020.
Oct 28, 2020 04:34 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended September 30, 2020 and Acquires a 246,000 Square Foot Multi-Tenant Industrial Park Located in Alexandria, Virginia, for $46.3 Million
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the three and nine months ended September 30, 2020 and announced that it acquired a 246,000 square foot multi-tenant industrial park located in Alexandria, Virginia, for $46.3 million.
Oct 06, 2020 06:10 pm ET
PS Business Parks, Inc. to Release Third Quarter 2020 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its third quarter 2020 earnings after the close of business on Wednesday, October 28, 2020.
Sep 15, 2020 05:41 pm ET
PS Business Parks, Inc. Announces Operations Update for the Two Months Ended August 31, 2020
PS Business Parks, Inc. (NYSE:PSB) today released an update of certain operational data for the months of July and August 2020.
Aug 14, 2020 04:00 pm ET
Maria R. Hawthorne to Retire as President and Chief Executive Officer of PS Business Parks, Inc.
PS Business Parks, Inc. (NYSE:PSB) today announced that Maria R. Hawthorne will retire as President and Chief Executive Officer of the Company, effective September 1, 2020. Ms. Hawthorne has been on medical leave of absence due to health issues unrelated to COVID-19 since April 20, 2020. Ms. Hawthorne will continue to serve on the Board of Directors.
Aug 04, 2020 04:30 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended June 30, 2020
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the three and six months ended June 30, 2020.
Jul 10, 2020 05:02 pm ET
PS Business Parks, Inc. to Release Second Quarter 2020 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its second quarter 2020 earnings after the close of business on Tuesday, August 4, 2020.
Jun 02, 2020 08:46 am ET
PS Business Parks, Inc. Announces Operations Update for the Two Months Ended May 31, 2020
PS Business Parks, Inc. (NYSE:PSB) today announced the operations update for the two months ended May 31, 2020.
May 29, 2020 05:02 pm ET
PS Business Parks, Inc. to Present at REITWeek 2020: NAREIT’s Investor Forum
PS Business Parks, Inc. (NYSE:PSB) announced today that John W. Petersen, Interim President and Chief Executive Officer, and Jeff Hedges, Chief Financial Officer, will make a presentation at REITWeek 2020 to be held via virtual conference on Tuesday, June 2, 2020, from 2:15 p.m. to 2:45 p.m. (EDT). The presentation will be webcast and available through the Company’s website at psbusinessparks.com to all registered participants. To register and access the Company’s presentation, please visit the REITWeek website (link provided below).
Apr 29, 2020 05:48 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended March 31, 2020
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the quarter ended March 31, 2020. Net income allocable to common shareholders for the three months ended March 31, 2020 was $41.6 million, or $1.51 per diluted common share.
Apr 20, 2020 08:45 am ET
PS Business Parks, Inc. Names John W. Petersen as Interim President and Chief Executive Officer—Maria R. Hawthorne to Take Medical Leave of Absence
PS Business Parks, Inc. (NYSE:PSB) announced today that John W. Petersen, the Company’s Executive Vice President and Chief Operating Officer since December 2004, has been appointed as interim President and Chief Executive Officer, effective immediately. Maria R. Hawthorne, who has served as the Company’s President and Chief Executive Officer since August 2015 and July 2016, respectively, is taking a leave of absence for health reasons unrelated to the coronavirus (COVID-19) pandemic. Mr. Petersen will also continue to serve as Chief Operating Officer, and Ms. Hawthorne will continue to serve o
Apr 08, 2020 05:05 pm ET
PS Business Parks, Inc. to Release First Quarter 2020 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its first quarter 2020 earnings after the close of business on Wednesday, April 29, 2020.
Mar 02, 2020 04:46 pm ET
PS Business Parks, Inc. Cancels Presentation at the Citi 2020 Global Property CEO Conference
PS Business Parks, Inc. (NYSE:PSB) today announced the cancellation of its presentation at the Citi 2020 Global Property CEO Conference at the Diplomat Resort & Spa Hollywood in Hollywood, Florida, previously scheduled to take place on Wednesday, March 4, 2020 at 8:50 a.m. (EST). The Company’s CEO and other members of its management team no longer plan on attending the conference due to uncertainty related to COVID-19.
Feb 25, 2020 05:01 pm ET
PS Business Parks, Inc. to Present at the Citi 2020 Global Property CEO Conference
PS Business Parks, Inc. (NYSE: PSB) announced that Maria R. Hawthorne, President and Chief Executive Officer, is scheduled to make a presentation at the Citi 2020 Global Property CEO Conference at the Diplomat Resort & Spa Hollywood in Hollywood, Florida, on Wednesday, March 4, 2020, from 8:50 a.m. to 9:25 a.m. (EST). The presentation will be webcast through the Company’s website at psbusinessparks.com.
Feb 18, 2020 05:15 pm ET
PS Business Parks, Inc. Reports Results for the Quarter and Year Ended December 31, 2019
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the quarter and year ended December 31, 2019. Net income allocable to common shareholders for the three months and year ended December 31, 2019 was $27.5 million, or $1.00 per diluted common share, and $108.7 million, or $3.95 per diluted common share, respectively.
Jan 22, 2020 05:47 pm ET
PS Business Parks, Inc. to Release Fourth Quarter and Full Year 2019 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its fourth quarter and full year 2019 earnings after the close of business on Tuesday, February 18, 2020.
Jan 21, 2020 08:22 pm ET
PS Business Parks, Inc. Announces Tax Treatment of 2019 Dividends
PS Business Parks, Inc. (NYSE:PSB) announced today the tax treatment of the Company’s 2019 dividends. For the tax year ended December 31, 2019, 100% of the distributions for the common stock and all the various series of preferred stock for all four quarters were classified as ordinary income. The Company did not declare a capital gain distribution, nor did it have any undistributed long-term capital gain for 2019.
Jan 16, 2020 06:37 pm ET
PS Business Parks, Inc. Announces the Acquisition of Two Industrial/Flex Business Parks in California and the Sale of One Office Building in Maryland
PS Business Parks, Inc. (NYSE:PSB) announced today that it has completed the acquisition of two business parks and the disposition of one single-tenant office building. The three transactions will qualify as 1031 exchanges for tax purposes.
Nov 01, 2019 04:07 pm ET
PS Business Parks, Inc. Announces Redemption of All Outstanding Depositary Shares Representing Interests in its 5.750% Cumulative Preferred Stock, Series U and 5.700% Cumulative Preferred Stock, Serie
PS Business Parks, Inc. (NYSE:PSB) announced today that it is calling for redemption all outstanding depositary shares representing interests in its 5.750% Cumulative Preferred Stock, Series U (NYSE:PSBPrU) and 5.700% Cumulative Preferred Stock, Series V (NYSE:PSBPrV) on December 30, 2019 at $25 per share. The aggregate redemption amount to be paid to the holders of the depositary shares is $230.0 million for the Series U and $110.0 million for the Series V for a total of $340.0 million.
Oct 24, 2019 06:16 pm ET
PS Business Parks, Inc. Announces Pricing of 4.875% Cumulative Preferred Stock, Series Z
PS Business Parks, Inc. (NYSE:PSB, the “Company”) announced today that it has priced a public offering of 12,000,000 depositary shares, each representing 1/1,000th of a share of the Company’s 4.875% Cumulative Preferred Stock, Series Z at $25.00 per share. The offering is expected to result in gross proceeds of $300 million (assuming no exercise of the underwriters’ overallotment option) and is expected to close on or about November 4, 2019, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds from the offering and available cash to fund the
Oct 22, 2019 05:08 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended September 30, 2019
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the three and nine months ended September 30, 2019.
Oct 08, 2019 08:39 pm ET
PS Business Parks, Inc. Announces Sale of Three Business Parks in Maryland
PS Business Parks, Inc. (NYSE:PSB) announced that on October 8, 2019 it completed the sale of three business parks located in Montgomery County, Maryland: Metro Park North, Meadow Business Park and WesTech Business Park. The parks, consisting of 28 buildings totaling approximately 1.3 million square feet, sold for a gross sales price of $148.8 million. The Company retained one single-tenant government building totaling 113,000 square feet and a long-term ground lease at Metro Park North.
Oct 03, 2019 05:01 pm ET
PS Business Parks, Inc. to Release Third Quarter 2019 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its third quarter 2019 earnings after the close of business on Tuesday, October 22, 2019.
Sep 05, 2019 05:40 pm ET
PS Business Parks, Inc. Acquires 543,000 Square Foot Multi-Tenant Industrial Park in Southern California
PS Business Parks, Inc. (NYSE:PSB) announced that effective today it has acquired Hathaway Industrial Park (the “Park”) located in Santa Fe Springs, California, for a purchase price of $104.0 million. The Park consists of ten buildings totaling 543,000 square feet situated on 27 acres of land and is 100% occupied with suites ranging from 5,000 to 288,000 square feet.
Jul 23, 2019 04:10 pm ET
PS Business Parks, Inc. Announces Election of Two New Directors
PS Business Parks, Inc. (NYSE:PSB) today announced that its Board of Directors elected Stephen W. Wilson and Kristy M. Pipes to the Board. Mr. Wilson’s election is effective July 22, 2019, and Ms. Pipes’s election is effective July 23, 2019.
Jul 23, 2019 04:05 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended June 30, 2019
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the three and six months ended June 30, 2019.
Jul 03, 2019 05:03 pm ET
PS Business Parks, Inc. to Release Second Quarter 2019 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its second quarter 2019 earnings after the close of business on Tuesday, July 23, 2019.
May 13, 2019 05:02 pm ET
PS Business Parks, Inc. to Present at REITWeek 2019: NAREIT’s Investor Forum
PS Business Parks, Inc. (NYSE:PSB) announced that Maria R. Hawthorne, Chief Executive Officer, will make a presentation at REITWeek 2019: NAREIT’s Investor Forum in New York City at the New York Hilton Midtown in the Sutton South Room on Wednesday, June 5, 2019, from 9:30 a.m. to 10:00 a.m. (EDT). The presentation will be webcast through the Company’s website at psbusinessparks.com.
Apr 30, 2019 05:07 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended March 31, 2019
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the three months ended March 31, 2019.
Apr 08, 2019 09:10 am ET
Market Trends Toward New Normal in PS Business Parks, New Senior Investment Group, Civeo, PCM, GAIN Capital, and AMAG Pharmaceuticals — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of PS Business Parks, Inc. (NYSE:PSB), New Senior Investment Group Inc....
Apr 05, 2019 05:49 pm ET
PS Business Parks, Inc. Announces Addition to the S&P MidCap 400 Index
PS Business Parks, Inc. (NYSE:PSB) announced today that it will be added to the S&P MidCap 400. The Company will be removed from its current membership in the S&P SmallCap 600 and added to the S&P MidCap 400 effective at the open of trading on Thursday, April 11, 2019.
Apr 04, 2019 06:07 pm ET
Semtech and PS Business Parks Set to Join S&P MidCap 400; Century Communities and Boot Barn Holdings to Join S&P SmallCap 600
NEW YORK, April 4, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Thursday, April 11:
Apr 03, 2019 05:02 pm ET
PS Business Parks, Inc. to Release First Quarter 2019 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its first quarter 2019 earnings after the close of business on Tuesday, April 30, 2019.
Feb 25, 2019 05:02 pm ET
PS Business Parks, Inc. to Present at the Citi 2019 Global Property CEO Conference
PS Business Parks, Inc. (NYSE:PSB) announced that Maria R. Hawthorne, President and Chief Executive Officer, is scheduled to make a presentation at the Citi 2019 Global Property CEO Conference at the Diplomat Resort & Spa Hollywood in Hollywood, Florida, on Monday, March 4, 2019, from 10:15 a.m. to 10:50 a.m. (EST). The presentation will be webcast through the Company’s website at psbusinessparks.com.
Feb 20, 2019 07:11 pm ET
PS Business Parks, Inc. Reports Results for the Quarter and Year Ended December 31, 2018
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the quarter and year ended December 31, 2018.
Jan 30, 2019 07:30 am ET
Report: Developing Opportunities within Waste Connections, Performance Food Group, HealthEquity, PS Business Parks, Adverum Biotechnologies, and Bellicum Pharmaceuticals — Future Expectations, Project
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Waste Connections, Inc. (NYSE:WCN), Performance Food Group Company...
Jan 24, 2019 05:06 pm ET
PS Business Parks, Inc. to Release Fourth Quarter 2018 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its fourth quarter 2018 earnings after the close of business on Wednesday, February 20, 2019.
Jan 15, 2019 10:15 pm ET
PS Business Parks, Inc. Announces Tax Treatment of 2018 Dividends
PS Business Parks, Inc. (NYSE:PSB) announced today the tax treatment of the Company’s 2018 dividends. For the tax year ended December 31, 2018, distributions for the common stock and all the various series of preferred stock were classified as follows:
Nov 01, 2018 05:02 pm ET
PS Business Parks, Inc. Announces Sale of Orangewood Office Park in Orange County, California
PS Business Parks, Inc. (NYSE:PSB) announced that on October 31, 2018 it completed the sale of Orangewood Office Park in Orange County, California. The park consists of two buildings comprising approximately 107,000 square feet. Net proceeds from the sale, after transaction costs, were approximately $18.3 million. This transaction completes the Company’s planned disposition of 705,000 square feet of office space in Orange County, California.
Oct 31, 2018 08:30 am ET
New Research: Key Drivers of Growth for Penske Automotive Group, EMCOR Group, Mueller Industries, PS Business Parks, Anheuser-Busch InBev SA/NV, and Kilroy Realty — Factors of Influence, Major Initiat
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Penske Automotive Group, Inc. (NYSE:PAG), EMCOR Group, Inc. (NYSE:EME),...
Oct 23, 2018 05:17 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended September 30, 2018
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the three and nine months ended September 30, 2018.
Oct 12, 2018 06:09 pm ET
PS Business Parks, Inc. to Release Third Quarter 2018 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its third quarter 2018 earnings after the close of business on Tuesday, October 23, 2018.
Oct 08, 2018 08:25 am ET
Recent Analysis Shows Ryman Hospitality Properties, PennantPark Investment, PS Business Parks, Agenus, Belden, and Robert Half International Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Ryman Hospitality Properties, Inc. (NYSE:RHP), PennantPark Investment...
Sep 07, 2018 05:00 pm ET
PS Business Parks Appoints Jeffrey D. Hedges as Chief Financial Officer and Promotes Trenton A. Groves to Chief Accounting Officer
PS Business Parks, Inc. (NYSE:PSB) today announced the appointment of Jeffrey D. Hedges as Executive Vice President, Chief Financial Officer and Secretary and the promotion of Trenton A. Groves to Senior Vice President, Chief Accounting Officer and Assistant Secretary effective September 17, 2018.
Aug 07, 2018 08:00 am ET
New Research: Key Drivers of Growth for Spire, CONMED, Natural Grocers by Vitamin Cottage, Immersion, Cross Country Healthcare, and PS Business Parks — Factors of Influence, Major Initiatives and Sust
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Spire Inc. (NYSE:SR), CONMED Corporation (NASDAQ:CNMD), Natural Grocers by...
Jul 24, 2018 07:05 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended June 30, 2018 and Increases Quarterly Common Dividend by 23.5% to $1.05 Per Share
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the three and six months ended June 30, 2018.
Jul 11, 2018 05:28 pm ET
PS Business Parks, Inc. to Release Second Quarter 2018 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its second quarter 2018 earnings after the close of business on Tuesday, July 24, 2018.
Jun 08, 2018 05:01 pm ET
PS Business Parks, Inc. Acquires 1.1 Million Square Foot Multi-Tenant Industrial Portfolio in Northern Virginia
PS Business Parks, Inc. (NYSE:PSB) announced that effective today it has acquired Northern Virginia Industrial Park and Fullerton Industrial Park both located in Springfield, Virginia, for a total purchase price of $143.3 million. The portfolio consists of 19 buildings aggregating 1.1 million square feet situated on 65 acres of land. The portfolio is 76% occupied with an average customer size of 6,800 square feet.
May 23, 2018 05:03 pm ET
PS Business Parks, Inc. to Present at REITWeek 2018: NAREIT’s Investor Forum
PS Business Parks, Inc. (NYSE:PSB) announced that Maria R. Hawthorne, Chief Executive Officer, will make a presentation at REITWeek 2018: NAREIT’s Investor Forum in New York City at the New York Hilton Midtown in the Sutton North Room on Wednesday, June 6, 2018, from 3:00 p.m. to 3:30 p.m. (EDT). The presentation will be webcast through the Company’s website at psbusinessparks.com.
Apr 24, 2018 06:40 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended March 31, 2018
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the quarter ended March 31, 2018.
Apr 24, 2018 07:35 am ET
Consolidated Research: 2018 Summary Expectations for AeroVironment, PS Business Parks, Genomic Health, Digi International, Sensient Technologies, and PolyOne — Fundamental Analysis, Key Performance In
NEW YORK, April 24, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of AeroVironment, Inc. (NASDAQ:AVAV), PS Business Parks,...
Apr 18, 2018 07:40 pm ET
PS Business Parks, Inc. Announces Sale of Orange County Business Center in Orange County, California
PS Business Parks, Inc. (NYSE:PSB) announced that on April 18, 2018 it completed the sale of Orange County Business Center located in Orange County, California. The park consists of five multi-tenant office buildings comprising approximately 437,000 square feet, which were 84.9% occupied at the date of sale. Net proceeds from the sale, after transaction costs, were approximately $73.3 million. After closing on this sale, the Company has 107,000 square feet remaining of the 705,000 square feet of office product in Orange County, California, previ
Apr 10, 2018 05:43 pm ET
PS Business Parks, Inc. to Release First Quarter 2018 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its first quarter 2018 earnings after the close of business on Tuesday, April 24, 2018.
Mar 05, 2018 06:10 pm ET
PS Business Parks, Inc. Announces Sale of Corporate Pointe Business Park in Orange County, California
PS Business Parks, Inc. (NYSE:PSB) announced that on March 5, 2018 it completed the sale of Corporate Pointe Business Park located in Orange County, California. The park consists of five multi-tenant office buildings comprising approximately 160,000 square feet, which were 97.6% occupied at the date of sale. Net proceeds from the sale, after transaction costs, were approximately $41.7 million. The Company previously announced that it had 705,000 rentable square feet of office product in Orange County, California, held for sale, including this
Feb 26, 2018 08:17 pm ET
PS Business Parks, Inc. to Present at the Citi 2018 Global Property CEO Conference
PS Business Parks, Inc. (NYSE:PSB) announced that Maria Hawthorne, President and Chief Executive Officer, is scheduled to make a presentation at the Citi 2018 Global Property CEO Conference at the Diplomat Resort & Spa Hollywood in Hollywood, Florida, on Monday, March 5, 2018, from 10:55 a.m. to 11:30 a.m. (EST). The presentation will be webcast through the Company’s website at psbusinessparks.com.
Feb 23, 2018 08:25 am ET
Research Report Identifies PNM Resources, Inc. (Holding Co.), Sensient Technologies, PS Business Parks, Albemarle, Eversource Energy, and Axalta Coating with Renewed Outlook — Fundamental Analysis, Ca
NEW YORK, Feb. 23, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of PNM Resources, Inc. (Holding Co.) (NYSE:PNM),...
Feb 20, 2018 09:00 am ET
PS Business Parks, Inc. Reports Results for the Quarter and Year Ended December 31, 2017
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the quarter and year ended December 31, 2017.
Feb 07, 2018 05:36 pm ET
Revised: PS Business Parks, Inc. to Release Fourth Quarter 2017 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its fourth quarter 2017 earnings prior to opening of the market on Tuesday, February 20, 2018. PS Business Parks is making this change to avoid a conflict with the holiday.
Jan 17, 2018 07:21 pm ET
PS Business Parks, Inc. to Release Fourth Quarter 2017 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its fourth quarter 2017 earnings after the close of business on Monday, February 19, 2018.
Jan 16, 2018 07:08 pm ET
PS Business Parks, Inc. Announces Tax Treatment of 2017 Dividends
PS Business Parks, Inc. (NYSE:PSB) announced today the tax treatment of the Company’s 2017 dividends. For the tax year ended December 31, 2017, distributions for the common stock and all the various series of preferred stock were classified as follows:
Dec 19, 2017 07:30 am ET
Analysis: Positioning to Benefit within Albemarle, Eversource Energy, Axalta Coating, PNM Resources, Sensient Technologies, and PS Business Parks — Research Highlights Growth, Revenue, and Consolidate
NEW YORK, Dec. 19, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Albemarle Corporation (NYSE:ALB), Eversource Energy (NYSE:ES),...
Nov 30, 2017 04:05 pm ET
PS Business Parks, Inc. Announces Redemption of All Outstanding Depositary Shares Representing Interests in its 6.00% Cumulative Preferred Stock, Series T
PS Business Parks, Inc. (NYSE:PSB) announced today that it is calling for redemption on January 3, 2018 of all outstanding depositary shares representing interests in its 6.00% Cumulative Preferred Stock, Series T (NYSE:PSBPrT) at $25 per share plus accrued dividends from January 1, 2018 through the date of redemption. The aggregate redemption amount, before payment of accrued dividends, to be paid to all holders of the depositary shares is $130.0 million.
Nov 30, 2017 04:02 pm ET
PS Business Parks, Inc. Announces Pricing of 5.20% Cumulative Preferred Stock, Series Y
PS Business Parks, Inc. (NYSE:PSB) announced today that it has priced a public offering of 8,000,000 depositary shares, each representing 1/1,000th of a share of the Company’s 5.20% Cumulative Preferred Stock, Series Y at $25.00 per share. The offering is expected to result in gross proceeds of $200 million and is expected to close on or about December 7, 2017, subject to the satisfaction of customary closing conditions.
Oct 24, 2017 05:43 pm ET
PS Business Parks, Inc. Reports Results for the Quarter Ended September 30, 2017
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the quarter ended September 30, 2017.
Oct 09, 2017 05:02 pm ET
PS Business Parks, Inc. to Release Third Quarter 2017 Earnings and Host Quarterly Conference Call
PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its third quarter 2017 earnings after the close of business on Tuesday, October 24, 2017.

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