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== Convention Presentations ==
== Convention Presentations ==
2010:
2010:
REITWeek 2010: NAREIT’s Investor Forum
*REITWeek 2010: NAREIT’s Investor Forum
Citi 2010 Global Property CEO Conference
*Citi 2010 Global Property CEO Conference


2009: [[BMO Capital Markets 2009 North American Real Estate Conference]]
2009: *BMO Capital Markets 2009 North American Real Estate Conference
[[NAREIT 2009 Investor Forum]]
*NAREIT 2009 Investor Forum
2008: [[NAREIT 2008 Investor Forum]]
2008: *NAREIT 2008 Investor Forum
[[2008 Citigroup REIT CEO Conference]]
*2008 Citigroup REIT CEO Conference


2007: [[NAREIT 2007 Investor Forum]]
2007: *NAREIT 2007 Investor Forum
[[2007 Citigroup REIT CEO Conference]]
*2007 Citigroup REIT CEO Conference


2006: [[NAREIT 2006 Investor Forum]]
2006: *NAREIT 2006 Investor Forum
[[ Harris Nesbitt North American REIT Conference]]
*Harris Nesbitt North American REIT Conference
[[2006 Citigroup REIT CEO Conference]]
*2006 Citigroup REIT CEO Conference


2005: [[2005 NAREIT Institutional Investor Forum]]
2005: *2005 NAREIT Institutional Investor Forum
[[Smith Barney 2005 REIT CEO Conference]]
*Smith Barney 2005 REIT CEO Conference
2004: [[2004 NAREIT Institutional Investor Forum]]
2004: *2004 NAREIT Institutional Investor Forum
[[Maxcor REIT Conference]]
*Maxcor REIT Conference


2003: [[2003 NAREIT Institutional Forum]]
2003: *2003 NAREIT Institutional Forum



Revision as of 18:13, 7 October 2010


PS Business Parks

PS Business Parks
IndustryReal Estate
Founded1986
Headquarters,
Area served
Arizona California Florida Maryland Oregon Texas Virginia Washington
Key people
Joseph D. Russell, Jr., President and CEO; Ronald L. Havner, Jr., Chairman of Board of Directors
ServicesProperty Management Acquisition Development
WebsitePSbusinessparks.com

PS Business Parks, Inc. (NYSE: PSB[1]) is a publicly traded full service real estate company with expertise in leasing, property management, acquisition and development. PS Business Parks is a member of the S&P SmallCap 600 and is a self-advised and self-managed equity real estate investment trust (“REIT”). As of July 2010 the Company owned and operated approximately 21.1 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 1.4 million rentable square feet on behalf of Public Storage, Inc. and its affiliated entities.

Company History

PS Business Parks was organized in 1986 as Public Storage Properties XI, Inc., a division of a predecessor of Public Storage. One of the first CEOs and Chairmen of the Board, B. Wayne Hughes played an influential role in the company's development. Since becoming public in 1998, PS Business Parks’ portfolio has grown from 5 million square feet to 21.1 million rentable square feet[2]. The company has focused on “flex” properties that can be configured to suit a variety of uses and are located in high-population growth markets near decision-maker housing. This property type historically supports a wide variety of uses and customers.

The Company states its investment objective is to maximize shareholder value by achieving long-term growth in net asset value per share.

Convention Presentations

2010:

  • REITWeek 2010: NAREIT’s Investor Forum
  • Citi 2010 Global Property CEO Conference

2009: *BMO Capital Markets 2009 North American Real Estate Conference

     *NAREIT 2009 Investor Forum

2008: *NAREIT 2008 Investor Forum

     *2008 Citigroup REIT CEO Conference

2007: *NAREIT 2007 Investor Forum

     *2007 Citigroup REIT CEO Conference

2006: *NAREIT 2006 Investor Forum

     *Harris Nesbitt North American REIT Conference
     *2006 Citigroup REIT CEO Conference

2005: *2005 NAREIT Institutional Investor Forum

     *Smith Barney 2005 REIT CEO Conference
     

2004: *2004 NAREIT Institutional Investor Forum

     *Maxcor REIT Conference

2003: *2003 NAREIT Institutional Forum


Agency Ratings

Standard & Poor’s: Rating: BBB with a positive outlook for senior unsecured debt and BB+ with a positive outlook for preferred stock.

Moody’s: Rating: Baa3 with a stable outlook for preferred stock.

Fitch: Rating: BBB with a stable outlook for senior unsecured debt and BBB- with a stable outlook for preferred stock.

References