SEC Info℠ | Home | Search | My Interests | Help | Sign In | Please Sign In | ||||||||||||||||||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 3/02/21 PS Business Parks Inc./CA 8-K:5,9 2/26/21 12:225K Donnelley … Solutions/FA |
Document/Exhibit Description Pages Size 1: 8-K Current Report HTML 37K 2: EX-99.1 Miscellaneous Exhibit HTML 11K 8: R1 Document and Entity Information HTML 59K 10: XML IDEA XML File -- Filing Summary XML 12K 7: XML XBRL Instance -- d343103d8k_htm XML 27K 9: EXCEL IDEA Workbook of Financial Reports XLSX 6K 4: EX-101.DEF XBRL Definitions -- psb-20210226_def XML 44K 5: EX-101.LAB XBRL Labels -- psb-20210226_lab XML 74K 6: EX-101.PRE XBRL Presentations -- psb-20210226_pre XML 46K 3: EX-101.SCH XBRL Schema -- psb-20210226 XSD 18K 11: JSON XBRL Instance as JSON Data -- MetaLinks 15± 24K 12: ZIP XBRL Zipped Folder -- 0001193125-21-065585-xbrl Zip 16K
EX-99.1 |
Exhibit 99.1
News Release |
||||
PS Business Parks, Inc. | ||||
701 Western Avenue | ||||
Glendale, CA 91201-2349 | ||||
psbusinessparks.com |
For Release: Immediately | ||||
Date: March 2, 2021 | ||||
Contact: Jeff Hedges | ||||
(818) 244-8080, Ext. 1649 |
PS Business Parks, Inc. Names Mac Chandler
as President and Chief Executive Officer
GLENDALE, California—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.
Mr. Chandler joins the Company after serving as Executive Vice President and Chief Investment Officer of Regency Centers Corporation (NASDAQ:REG) (“Regency”), a public real estate investment trust that acquires, develops, owns, and operates open-air shopping centers in the United States, since 2019 and in various other leadership roles during his nearly 22-year career at Regency and Pacific Retail Trust (prior to its merger with Regency). Mr. Chandler holds a Master in Business Administration, a Master of Real Estate Development, and a Bachelor of Science in Urban Planning from the University of Southern California.
Ronald L. Havner, Jr., the Company’s Chairman of the Board, said, “We are excited to welcome Mac to PS Business Parks as our new President and CEO. Mac brings extensive executive leadership and real estate investment experience, and we look forward to the Company’s continued growth and delivery of significant value to our shareholders under Mac’s leadership.”
Mr. Havner continued, “We also thank J.P. for his service as interim President and Chief Executive Officer. He provided tremendous leadership and helped deliver strong results in one of the most difficult operating environments in our Company’s history. We look forward to J.P. continuing to play an instrumental role in the Company’s future success as our Chief Operating Officer.”
Company Information
PS Business Parks, Inc., a member of the S&P MidCap 400, is a REIT that acquires, develops, owns, and operates commercial properties, primarily multi-tenant industrial, flex, and office space. As of December 31, 2020, the Company wholly owned 27.7 million rentable square feet with approximately 5,000 commercial customers in six states. The Company also held a 95.0% interest in a 395-unit apartment complex and a 98.2% interest in an entity developing a 411-unit multifamily apartment complex.
Additional information about PS Business Parks, Inc. is available on the Company’s website, which can be found at psbusinessparks.com.
# # #
This ‘8-K’ Filing | Date | Other Filings | ||
---|---|---|---|---|
4/5/21 | 3, 4 | |||
Filed on: | 3/2/21 | |||
For Period end: | 2/26/21 | |||
12/31/20 | 10-K, 11-K | |||
List all Filings |
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 5/20/21 PS Business Parks, Inc./MD POSASR 5/20/21 4:649K Donnelley … Solutions/FA 5/19/21 PS Business Parks, Inc./MD S-8 POS 5/19/21 3:95K Donnelley … Solutions/FA 5/19/21 PS Business Parks, Inc./MD S-8 POS 5/19/21 3:95K Donnelley … Solutions/FA 5/19/21 PS Business Parks, Inc./MD S-8 POS 5/19/21 3:95K Donnelley … Solutions/FA 5/19/21 PS Business Parks, Inc./MD S-8 POS 5/19/21 3:95K Donnelley … Solutions/FA 3/09/21 PS Business Parks, Inc./MD S-3ASR 3/09/21 6:1.5M Donnelley … Solutions/FA |