{"id":775648,"date":"2022-03-31T20:01:03","date_gmt":"2022-03-31T18:01:03","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/ps-business-parks-inc-announces-disposition-of-the-royal-tech-business-park\/"},"modified":"2023-07-10T22:34:56","modified_gmt":"2023-07-10T20:34:56","slug":"ps-business-parks-inc-announces-disposition-of-the-royal-tech-business-park","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/ps-business-parks-inc-announces-disposition-of-the-royal-tech-business-park\/","title":{"rendered":"PS Business Parks, Inc. Announces Disposition of the Royal Tech Business Park"},"content":{"rendered":"GLENDALE, Calif.--(BUSINESS WIRE)--PS Business Parks, Inc. (NYSE:PSB) (the \u201cCompany\u201d) announced today that it has closed on the sale of the remaining 12 buildings in the Royal Tech Business Park, located in Irving, Texas. The gross sales price for the remaining buildings was $93.0 million, with net sales proceeds of approximately $91.9 million after transactions costs.\n\n\n\u201cAt 702,000 square feet, this sale represents the final phase in the strategic disposition of the Royal Tech Business Park which originally totaled 794,000 square feet across 14 buildings. This sale is a significant milestone in the Company\u2019s continued and focused strategy to decrease its ownership of office and office-oriented flex properties,\u201d said Steve Wilson,
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GLENDALE, Calif.–(BUSINESS WIRE)–PS Business Parks, Inc. (NYSE:PSB) (the \u201cCompany\u201d) announced today that it has closed on the sale of the remaining 12 buildings in the Royal Tech Business Park, located in Irving, Texas. The gross sales price for the remaining buildings was $93.0 million, with net sales proceeds of approximately $91.9 million after transactions costs. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-775648","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nPS Business Parks, Inc. 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The gross sales price for the remaining buildings was $93.0 million, with net sales proceeds of approximately $91.9 million after transactions costs. 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