UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION


                              WASHINGTON, DC 20549


                                    FORM 8-K


                Current Report Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported) October 3, 2005


                            PS BUSINESS PARKS, INC..
             (Exact name of registrant as specified in its charter)



         California                   1-10709                  95-4300881
         ----------                   -------                  ----------
(State or Other Jurisdiction  (Commission File Number)      (I.R.S. Employer
     Of Incorporation)                                   Identification Number)


               701 Western Avenue, Glendale, California 91201-2397
               ---------------------------------------------------
               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code: (818) 244-8080
                                                           --------------


                                       N/A
          (Former name or former address, if changed since last report)


( _ )    Written  communications  pursuant to Rule 425 under the  Securities
         Act (17 CFR 230.425)

( _ )    Soliciting  material pursuant to Rule 14a-12 under the Exchange Act
         (17 CFR 240.14a-12)

( _ )    Pre-commencement communications pursuant to rule 14d-2(b) under the
         Exchange Act (17 CFR 240.14d-2(b))

( _ )    Pre-commencement communications pursuant to rule 13e-4(c) under the
         Exchange Act (17 CFR 240.13e-4(c))





ITEM 7.01     REGULATION FD DISCLOSURE

On October 3, 2005, the Company issued a press release announcing the asset sale
of Woodside  Corporate  Park located in Beaverton , Oregon.  The  information in
this Form 8-K (including  Exhibit 99.1) shall not be deemed "filed" for purposes
of Section 18 of the  Securities  Exchange Act of 1934 (the  "Exchange  Act") or
otherwise  subject to the  liabilities  of that section,  nor shall it be deemed
incorporated  by reference in any filing under the Securities Act of 1933 or the
Exchange Act, except as expressly set forth by specific
reference in such filing.

ITEM 9.01.    FINANCIAL STATEMENTS AND EXHIBITS

(c)      Exhibits

         The  following  exhibit  relating  to Item  7.01  shall be deemed to be
furnished and not filed:

         99.1 Press Release dated October 3, 2005.





                                   SIGNATURES





Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


PS BUSINESS PARKS, INC.


Dated: October 3, 2005
By: /s/ Edward A. Stokx
    ------------------------
     Edward A. Stokx
     Chief Financial Officer