PSB PS Business Parks Inc.

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.

A conference call is scheduled for Wednesday, April 25, 2018, at 10:00 a.m. (PST) to discuss first quarter results. The toll free number is (888) 299-3246; the conference ID is 7766107. The call will also be available via a live webcast on the Company’s website. A replay of the conference call will be available through May 25, 2018 at (855) 859-2056, as well as via webcast on the Company’s website.

Company Information

PS Business Parks, Inc., a member of the S&P SmallCap 600, is a real estate investment trust (“REIT”) that acquires, develops, owns and operates commercial properties, primarily multi-tenant flex, office and industrial space. The Company defines “flex” space as buildings that are configured with a combination of office and warehouse space and can be designed to fit a number of uses (including office, assembly, showroom, laboratory, light manufacturing and warehouse space). As of March 31, 2018, the Company wholly owned 27.9 million rentable square feet with approximately 4,900 commercial customers concentrated in six states and a 95.0% interest in a 395-unit apartment complex.

Additional information about PS Business Parks, Inc. is available on the Company’s website at psbusinessparks.com.

EN
10/04/2018

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Reports on PS Business Parks Inc.

Moody's withdraws PS Business Parks' ratings due to insufficient infor...

Moody's Investors Service ("Moody's")  has withdrawn the Baa2 preferred stock and (P)Baa2 preferred stock shelf rating of PS Business Parks, Inc., as well as the (P)Baa1 senior unsecured shelf rating of its main operating subsidiary, PS Business Parks, L.P.  Prior to the withdrawal, the ratings were...

PS Business Parks, Inc.: Update following ratings under review for dow...

Our credit view of this issuer reflects its lack of secured debt, proven leasing expertise and high fixed charge coverage, offset by its geographic concentration.

Moody's places PS Business Parks' (P)Baa1 rating on review for downgra...

Moody's Investors Service ("Moody's") has placed on review for downgrade the ratings of PS Business Parks, Inc. (PSB), including its Baa2 preferred stock rating and the (P)Baa1 senior unsecured shelf rating of its main operating subsidiary, PS Business Parks, L.P. The review for downgrade follows th...

PS Business Parks, Inc.: Update to credit analysis

Our credit view of this issuer reflects its low leverage, proven leasing expertise and high fixed charge coverage, offset by its geographic concentration.

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