Exhibit 99.2 September 6, 2002 Mr. Joseph D. Russell, Jr. 1920 Lyans Drive La Canada, CA 91011 Re: Offer Letter/Employment Agreement Dear Mr. Russell: It is my pleasure to offer you an executive management position with PS Business Parks, Inc. (PSBP)...Employment Agreement • September 12th, 2002 • Ps Business Parks Inc/Ca • Real estate investment trusts • California
