PS Business Parks, Inc., recognized as an S&P MidCap 400 component, operates as a Real Estate Investment Trust (REIT). The company's core activities involve acquiring, developing, owning, and managing commercial properties, predominantly comprising multi-tenant industrial, flex, and office spaces. By September 30, 2020, its wholly-owned portfolio spanned 27.5 million rentable square feet across six states, catering to approximately 5,000 commercial clients.