1、2 0 1 5A N N U A LR E P O R T(As of December 31,2015)California Rentable Square Feet:11,233,000Buena ParkCarsonCerritosConcordCulver CityFremontHaywardIrvineLaguna HillsLake ForestMilpitasMonterey Monterey ParkOaklandOrangeSan DiegoSan JoseSan LeandroSan MateoSan Ramon Santa AnaSanta Clara Signal Hi
2、llSouth San Francisco Studio CitySunnyvaleTorrance FloridaRentable Square Feet:3,866,000 Boca RatonMiamiWellingtonMarylandRentable Square Feet:2,352,000BeltsvilleGaithersburgRockvilleSilver SpringWashingtonRentable Square Feet:1,390,000KentRedmondRenton TexasRentable Square Feet:5,088,000 AustinCarr
3、olltonDallasFarmers BranchGarlandIrvingMesquitePlanoRichardsonVirginiaRentable Square Feet:4,040,000 AlexandriaChantillyFairfaxHerndonLortonMcLeanMerrifieldSpringfieldSterlingViennaWoodbridge MD (6)Divisional/Regional Offi ce()=Number of business parks in stateCA(47)WA(3)TX(23)FL (3)VA (17)BUSINESS
4、PARK LOCATIONSCover photosCaada Business Center,Lake Forest,California,297,000 square feet.PS Business Parks,Inc.,S&P 500 Index and NAREIT Equity IndexDecember 31,2010-December 31,2015 The graph set forth above compares the yearly change in the cumulative total shareholder return on the Common Stock
5、 of the Company for the five-year period ended December 31,2015 to the cumulative total return of the Standard&Poors 500 Stock Index(“S&P 500 Index”)and the National Association of Real Estate Investment Trusts Equity Index(“NAREIT Equity Index”)for the same period(total shareholder return equals pr
6、ice appreciation plus dividends).The stock price performance graph assumes that the value of the investment in the Companys Common Stock and each Index was$100 on December 31,2010 and that all dividends were reinvested.The stock price performance shown in the graph is not necessarily indicative of f