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PS Business Parks appoints new CFO, chief accounting officer

Diversified real estate investment trust PS Business Parks Inc. named Jeffrey Hedges executive vice president, CFO and secretary, succeeding Edward Stokx, who resigned.

Hedges most recently was senior vice president of accounting and reporting at single-family residential REIT Invitation Homes Inc.

PS Business Parks also promoted Trenton Groves to senior vice president, chief accounting officer and assistant secretary from vice president of finance and corporate controller.

The changes will be effective Sept. 17.