PS Business Parks, Inc. (PSB)
PS Business Parks, Inc. operates in the REIT - Diversified industry of the Real Estate sector, headquartered in Glendale, CA, US. The stock last traded at $187.44, up 0.03% on the session, giving a market capitalisation of $0. On trailing twelve-month figures it carries a trailing P/E of 9.45, a net margin of 125.0%. Its beta of 0.44 implies it has historically moved less than the broad market.
PS Business Parks, Inc., a Real Estate Investment Trust (REIT) included in the S&P MidCap 400 index, specializes in the acquisition, development, ownership, and management of commercial real estate. Its portfolio primarily consists of multi-tenant industrial properties, flexible-use spaces, and office buildings. As of September 30, 2020, the company's holdings amounted to 27.5 million rentable square feet, entirely owned by the company, serving approximately 5,000 commercial clients across six states. Additionally, PS Business Parks maintained a 95.0% ownership interest in a 395-unit apartment complex and a 98.2% interest in an upcoming 411-unit multifamily residential development.
PS Business Parks, Inc. is most often compared with the following Real Estate names: