Articles from Hudson Pacific Properties, Inc.

Hudson Pacific Provides Portfolio Update Related to Los Angeles Wildfires
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that its office properties and studio facilities and equipment located in Los Angeles are undamaged and fully operational.
By Hudson Pacific Properties, Inc. · Via Business Wire · January 14, 2025
Hudson Pacific Properties Announces Date for Fourth Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release fourth quarter financial results after market close on Thursday, February 20, 2025. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day.
By Hudson Pacific Properties, Inc. · Via Business Wire · January 9, 2025
Hudson Pacific Completes Sale of Palo Alto Office Property
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has closed on the sale of a non-core Palo Alto office property, 3176 Porter, for $24.8 million before prorations and closing costs. The company used net proceeds to repay amounts outstanding on its unsecured revolving credit facility. As previously announced, the company also has under contract the sale of a second non-core Palo Alto office property, Foothill Research Center, that is targeted to close in first quarter 2025.
By Hudson Pacific Properties, Inc. · Via Business Wire · December 11, 2024
Hudson Pacific Properties Declares Fourth Quarter 2024 Preferred Stock Dividend
Hudson Pacific Properties, Inc. (NYSEHPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has declared a dividend for the fourth quarter of 2024 on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share, which will be paid on December 30, 2024 to preferred stockholders of record on December 20, 2024.
By Hudson Pacific Properties, Inc. · Via Business Wire · December 10, 2024
Hudson Pacific Properties Reports Third Quarter 2024 Financial Results
Hudson Pacific Properties, Inc. (NYSEHPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the third quarter 2024.
By Hudson Pacific Properties, Inc. · Via Business Wire · November 12, 2024
Hudson Pacific Properties Announces Date for Third Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release third quarter financial results after market close on Tuesday, November 12, 2024. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day.
By Hudson Pacific Properties, Inc. · Via Business Wire · October 1, 2024
Hudson Pacific Properties Suspends Common Stock Dividend and Declares Preferred Stock Dividend
Hudson Pacific Properties, Inc. (NYSEHPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors suspended the Company’s quarterly dividend on its common stock, commencing with the third quarter dividend that would have been paid in September 2024.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 10, 2024
Hudson Pacific Properties Reports Second Quarter 2024 Financial Results
Hudson Pacific Properties, Inc. (NYSEHPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the second quarter 2024.
Hudson Pacific Properties Announces Date for Second Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release second quarter financial results after market close on Wednesday, August 7, 2024. The company will hold a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET the same day.
Hudson Pacific Properties Declares Second Quarter Dividends
Hudson Pacific Properties, Inc. (NYSEHPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has declared dividends for the second quarter of 2024 on its common stock of $0.05 per share, equivalent to an annual rate of $0.20 per share, and on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share. Both dividends will be paid on June 27, 2024 to stockholders of record on June 17, 2024.
Hudson Pacific Properties Reports First Quarter 2024 Financial Results
Hudson Pacific Properties, Inc. (NYSEHPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the first quarter 2024.
Hudson Pacific Properties Announces Dates for First Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release first quarter financial results after the market closes on Wednesday, May 1, 2024. The company will hold a conference call to discuss the results at 9:00 a.m. PT / 12:00 p.m. ET on Thursday, May 2, 2024.
Hudson Pacific Properties Reinstates Common Stock Quarterly Dividend, Declares Preferred Stock Dividend
Hudson Pacific Properties, Inc. (NYSEHPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has reinstated and declared a dividend for the first quarter of 2024 on its common stock of $0.05 per share, equivalent to an annual rate of $0.20.
Hudson Pacific Properties to Participate in Citi’s 2024 Global Property CEO Conference
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Victor Coleman, Chairman and Chief Executive Officer, and other members of the company’s senior management will participate in a roundtable discussion at Citi’s 2024 Global Property CEO Conference on Monday, March 4, 2024 at 11:00 a.m. ET.
By Hudson Pacific Properties, Inc. · Via Business Wire · February 29, 2024
Hudson Pacific Properties Reports Fourth Quarter 2023 Financial Results
Hudson Pacific Properties, Inc. (NYSEHPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced financial results for the fourth quarter 2023.
By Hudson Pacific Properties, Inc. · Via Business Wire · February 12, 2024
Hudson Pacific Properties Announces 2023 Dividend Tax Treatment
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the tax treatment for its 2023 common stock and preferred stock dividends.
By Hudson Pacific Properties, Inc. · Via Business Wire · January 25, 2024
Hudson Pacific Properties Announces Dates for Fourth Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it will release fourth quarter financial results after the market closes on Monday, February 12, 2024. The company will hold a conference call to discuss the results at 9:00 a.m. PT / 12:00 p.m. ET on Tuesday, February 13, 2024.
By Hudson Pacific Properties, Inc. · Via Business Wire · January 10, 2024
Hudson Pacific and Macerich Complete $700 Million Sale of One Westside and Westside Two
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, and Macerich NYSE: MACNYSEMAC)
By Hudson Pacific Properties, Inc. · Via Business Wire · January 3, 2024
Hudson Pacific Announces Completion of Credit Facility Amendment
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the company has closed on an amendment to its unsecured revolving credit facility to refine certain definitions and adjust certain covenant calculations, with key changes including:
By Hudson Pacific Properties, Inc. · Via Business Wire · December 27, 2023
Hudson Pacific Properties Declares Fourth Quarter 2023 Preferred Stock Dividend
Hudson Pacific Properties, Inc. (NYSEHPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors has declared a dividend for the fourth quarter of 2023 on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share, which will be paid on December 28, 2023 to preferred stockholders of record on December 18, 2023.
By Hudson Pacific Properties, Inc. · Via Business Wire · December 8, 2023
Hudson Pacific Appoints Michael Nash to Board of Directors
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Michael Nash has been appointed to the company’s Board of Directors effective January 1, 2024. Nash will succeed outgoing board member Richard “Rocky” Fried, who will retire from the company’s Board at the end of the year.
By Hudson Pacific Properties, Inc. · Via Business Wire · December 7, 2023
Hudson Pacific Reaffirms Leadership in Sustainability with Industry-Wide Recognitions
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced that it has been recognized again as a leader in sustainability by key industry organizations and ranking systems including the GRESB Real Estate Assessment, Nareit Leader in the Light Awards, ENERGY STAR Partner of the Year Awards, Newsweek's America’s Most Responsible Companies and S&P Global Sustainability Yearbook.
By Hudson Pacific Properties, Inc. · Via Business Wire · December 6, 2023
Hudson Pacific Raises $189 Million from Silicon Valley Land and Studio Debt Sales
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has divested through two separate transactions a land parcel in Silicon Valley and certain tranches of a loan secured by its Hollywood Media Portfolio for gross proceeds of $189.3 million before prorations and closing costs. Specifically, these sales included:
By Hudson Pacific Properties, Inc. · Via Business Wire · December 4, 2023
Hudson Pacific Appoints Robert Harris to Board of Directors
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Robert “Chip” Harris II has been appointed to the company’s Board of Directors effective November 8, 2023. Harris succeeds outgoing board member Karen Brodkin.
By Hudson Pacific Properties, Inc. · Via Business Wire · November 13, 2023
Hudson Pacific Completes $455 Million Bentall Centre Loan Refinancing
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today the successful refinancing of the loan secured by Bentall Centre, a 1.5 million-square-foot office property located in Vancouver, British Columbia and owned in partnership with Blackstone.
By Hudson Pacific Properties, Inc. · Via Business Wire · November 9, 2023
Hudson Pacific Properties Reports Third Quarter 2023 Financial Results
Hudson Pacific Properties, Inc. (NYSEHPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the third quarter 2023.
By Hudson Pacific Properties, Inc. · Via Business Wire · November 1, 2023
Hudson Pacific Properties Announces Dates for Third Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced it will release third quarter financial results after the market closes on Wednesday, November 1, 2023. The company will hold a conference call to discuss the results at 9:00 a.m. PT / 12:00 p.m. ET on Thursday, November 2, 2023.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 27, 2023
Hudson Pacific Properties Suspends Common Stock Dividend and Declares Preferred Stock Dividend
Hudson Pacific Properties, Inc. (NYSEHPP) (the “Company”), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that its Board of Directors suspended the Company’s quarterly dividend on its common stock, commencing with the third quarter dividend that would have been paid in September 2023.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 7, 2023
Hudson Pacific Properties to Participate in BofA Securities 2023 Global Real Estate Conference
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced that Chairman and CEO Victor Coleman and other members of the company’s senior management will participate in a roundtable discussion at BofA Securities 2023 Global Real Estate Conference on Wednesday, September 13, 2022 at 11:05 a.m. ET.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 7, 2023
Hudson Pacific Raises $72 Million with Sale of Two Los Angeles Office Properties
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has divested through separate transactions two Los Angeles office properties, 604 Arizona and 3401 Exposition, for aggregate gross proceeds of $72.5 million before prorations and closing costs.
By Hudson Pacific Properties, Inc. · Via Business Wire · August 25, 2023
Hudson Pacific Properties Reports Second Quarter 2023 Financial Results
Hudson Pacific Properties, Inc. (NYSEHPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced financial results for the second quarter 2023.
Hudson Pacific Properties Updates Second Quarter Earnings Conference Call Time
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, will release second quarter financial results after the market closes on Tuesday, August 1, 2023 as previously announced. The company will now hold a conference call and webcast on Wednesday, August 2, 2023 to discuss the results at 9:00 a.m. PT / 12:00 p.m. ET (adjusted from 11:00 a.m. PT / 2:00 p.m. ET).
Hudson Pacific Properties Announces Dates for Second Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced it will release second quarter financial results after the market closes on Tuesday, August 1, 2023. The company will hold a conference call to discuss the results at 11:00 a.m. PT / 2:00 p.m. ET on Wednesday, August 2, 2023.
Hudson Pacific Properties Declares Second Quarter 2023 Dividends
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced its Board of Directors has declared a dividend for the second quarter of 2023 on its common stock of $0.125 per share, equivalent to an annual rate of $0.50 per share, which compares to the Company’s previous quarterly dividend on its common stock of $0.25 per share. In addition, the Board of Directors declared a dividend on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share. Both dividends will be paid on June 30, 2023 to stockholders of record on June 20, 2023. Hudson Pacific currently has more than $800 million in total liquidity, inclusive of construction loan availability, and the new dividend rate on the Company’s common stock will provide an additional $18 million of liquidity this quarter.
Hudson Pacific Issues 2022 Corporate Responsibility Report
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today published its Corporate Responsibility Report for the 2022 calendar year. The report outlines achievements and future goals that further establish Hudson Pacific as a leader in corporate responsibility through its Better Blueprint program. Highlights include ranking #1 amongst office companies in the Americas in the Global Real Estate Sustainability Benchmark (GRESB) Real Estate Assessment, winning Nareit’s Office Leader in the Light Award and inclusion in the Bloomberg Gender-Equality Index.
Hudson Pacific Properties Reports First Quarter 2023 Financial Results
Hudson Pacific Properties, Inc. (NYSEHPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced financial results for the first quarter 2023.
Hudson Pacific Properties Announces Dates for First Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced it will release first quarter financial results after the market closes on Monday, May 8, 2023. The company will hold a conference call to discuss the results at 9:00 a.m. PT / 12:00 p.m. ET on Tuesday, May 9, 2023.
Hudson Pacific Appoints Barry Sholem to Board of Directors
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Barry Sholem has been appointed to the company’s Board of Directors effective March 13, 2023. Sholem succeeds outgoing board member Robert Harris II.
Hudson Pacific Properties Declares First Quarter 2023 Dividends
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced its Board of Directors has declared dividends for the first quarter of 2023 on its common stock of $0.25 per share, equivalent to an annual rate of $1.00 per share, and on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share. Both dividends will be paid on March 30, 2023 to stockholders of record on March 20, 2023.
Hudson Pacific Properties Reports Fourth Quarter 2022 Financial Results
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced financial results for the fourth quarter 2022.
By Hudson Pacific Properties, Inc. · Via Business Wire · February 8, 2023
Hudson Pacific Properties Announces 2022 Dividend Tax Treatment
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced the tax treatment for its 2022 common stock and preferred stock dividends.
By Hudson Pacific Properties, Inc. · Via Business Wire · February 2, 2023
Hudson Pacific Properties Announces Dates for Fourth Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced it will release fourth quarter financial results after the market closes on Wednesday, February 8, 2023. The company will hold a conference call to discuss the results at 11:00 a.m. PT / 2:00 p.m. ET on Thursday, February 9, 2023.
By Hudson Pacific Properties, Inc. · Via Business Wire · January 9, 2023
Hudson Pacific Properties Declares Fourth Quarter 2022 Dividends
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced its Board of Directors has declared dividends for the fourth quarter of 2022 on its common stock of $0.25 per share, equivalent to an annual rate of $1.00 per share, and on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share. Both dividends will be paid on December 29, 2022 to stockholders of record on December 19, 2022.
By Hudson Pacific Properties, Inc. · Via Business Wire · December 9, 2022
Hudson Pacific Awarded Nareit’s Office Leader in the Light Award
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the National Association of Real Estate Investment Trusts (Nareit) selected Hudson Pacific as a joint recipient of the 2022 Office Leader in the Light Award—the organization’s highest sustainability achievement for office and other property sector REITs.
By Hudson Pacific Properties, Inc. · Via Business Wire · November 17, 2022
Hudson Pacific Properties Reports Third Quarter 2022 Financial Results
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced financial results for the third quarter 2022.
By Hudson Pacific Properties, Inc. · Via Business Wire · November 2, 2022
Hudson Pacific Announces Executive Promotions
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the promotions of Drew Gordon, formerly Executive Vice President for California Office Operations, to Chief Investment Officer, and Andy Wattula, formerly Executive Vice President for Pacific Northwest/Canada Office Operations, to Chief Operating Officer.
By Hudson Pacific Properties, Inc. · Via Business Wire · October 20, 2022
Hudson Pacific Tops 2022 GRESB Rankings for Sustainability Leadership
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it has earned top rankings in the 2022 Global Real Estate Sustainability Benchmark (GRESB®) Real Estate Assessment for its sustainability accomplishments. Hudson Pacific ranked first out of 96 companies in the Office, Americas peer group. This also marks the fourth consecutive year Hudson Pacific has achieved Green Star designation and the highest 5-star rating from GRESB.
By Hudson Pacific Properties, Inc. · Via Business Wire · October 18, 2022
Hudson Pacific Properties Announces Dates for Third Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced it will release third quarter financial results after the market closes on Wednesday, November 2, 2022. The company will hold a conference call to discuss the results at 11:00 a.m. PT / 2:00 p.m. ET on Thursday, November 3, 2022.
By Hudson Pacific Properties, Inc. · Via Business Wire · October 3, 2022
Hudson Pacific Properties to Participate in BofA Securities 2022 Global Real Estate Conference
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced that Victor Coleman, the company’s Chairman and Chief Executive Officer, and other members of the company’s senior management will participate in a roundtable discussion at BofA Securities 2022 Global Real Estate Conference on Wednesday, September 14, 2022 at 11:05 a.m. ET.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 12, 2022
Hudson Pacific Properties Declares Third Quarter 2022 Dividends
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced its Board of Directors has declared dividends for the third quarter of 2022 on its common stock of $0.25 per share, equivalent to an annual rate of $1.00 per share, and on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share. Both dividends will be paid on September 29, 2022 to stockholders of record on September 19, 2022.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 9, 2022
Hudson Pacific Properties Announces Pricing of Public Offering of $350.0 Million Aggregate Principal Amount of Senior Notes Due 2028
Hudson Pacific Properties, Inc. (“Hudson Pacific” or the “Company”) (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced that its operating partnership, Hudson Pacific Properties, L.P. (the “Operating Partnership”), has priced an underwritten public offering of $350.0 million aggregate principal amount of 5.950% senior notes due 2028. The notes will be senior unsecured obligations of the Operating Partnership and will be fully and unconditionally guaranteed by the Company. The notes were issued at 99.614% of par value, with a coupon of 5.950% and will mature on February 15, 2028. The offering is expected to close on September 15, 2022, subject to customary closing conditions.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 8, 2022
Hudson Pacific Properties Announces Public Green Bond Offering
Hudson Pacific Properties, Inc. (“Hudson Pacific” or the “Company”) (NYSEHPP), today announced that its operating partnership, Hudson Pacific Properties, L.P. (the “Operating Partnership”), has commenced an underwritten public offering of senior notes. The notes will be senior unsecured obligations of the Operating Partnership and will be fully and unconditionally guaranteed by the Company.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 8, 2022
Hudson Pacific Expands and Enhances Studio Platform with Acquisition of Quixote Studios
Hudson Pacific Properties, Inc. (NYSEHPP) a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the acquisition of Quixote Studios, a leading provider of sound stages and production services to the entertainment industry, for $360 million before closing costs. Quixote rents sound stages, cast trailers, trucks, grip and lighting and other equipment essential for content production. With its diverse studio offerings, Quixote supports a wide range of high-quality productions including long-form television and feature film, as well as short-form content such as high-end photo shoots and commercials. Hudson Pacific expects the transaction will be immediately accretive to its financial results.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 1, 2022
Hudson Pacific Properties Reports Second Quarter 2022 Financial Results
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced financial results for the second quarter 2022.
Blackstone and Hudson Pacific Receive Approval at Planning Committee to Develop World-Class Studio Facility in the UK
Blackstone (NYSEBX) and Hudson Pacific Properties, Inc. NYSE: HPPNYSEHPP)
Hudson Pacific Properties Announces Dates for Second Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP) today announced it will release second quarter financial results after the market closes on Tuesday, July 26, 2022. The company will hold a conference call to discuss the results at 11:00 a.m. PT / 2:00 p.m. ET on Wednesday, July 27, 2022.
Hudson Pacific Properties Declares Second Quarter 2022 Dividends
Hudson Pacific Properties, Inc. (NYSEHPP) today announced its Board of Directors has declared dividends for the second quarter of 2022 on its common stock of $0.25 per share, equivalent to an annual rate of $1.00 per share, and on its 4.750% Series C cumulative preferred stock of $0.296875 per share, equivalent to an annual rate of $1.18750 per share. Both dividends will be paid on June 30, 2022 to stockholders of record on June 20, 2022.
Hudson Pacific Completes Acquisition of Washington 1000 Development Site
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today completed its previously announced acquisition of Washington 1000, a fully entitled, state-of-the-art office development site in Seattle, for $85.6 million before closing adjustments.
Hudson Pacific Properties Reports First Quarter 2022 Financial Results
Hudson Pacific Properties, Inc. (NYSEHPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced financial results for the first quarter 2022.
Hudson Pacific Launches New Impact Investing Platform, EquiBlue™, to Promote Upward Economic Mobility for Women and People of Color
Hudson Pacific Properties, Inc. (NYSEHPP) today launched EquiBlue, a new and differentiated impact investing platform that seeks to leverage commercial real estate to holistically provide economic opportunity and upward mobility for women and people of color. EquiBlue‘s Black- and women-led team will look to manage a series of private funds on behalf of institutional investors, kicking off with an initial capital investment target of $300 million. EquiBlue will focus on transforming obsolete properties into vibrant, amenitized office and mixed-use space with direct benefits for under-resourced communities, while generating strong financial returns.
Hudson Pacific Properties Announces Dates for First Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP) today announced it will release first quarter financial results after the market closes on Wednesday, April 27, 2022. The company will hold a conference call to discuss the results at 11:00 a.m. PT / 2:00 p.m. ET on Thursday, April 28, 2022.
Hudson Pacific Properties Appoints Ebs Burnough to Board of Directors
Hudson Pacific Properties, Inc. (the “Company” or “Hudson Pacific”) (NYSEHPP) today announced that entertainment and marketing executive and former White House official Ebs Burnough has been appointed to the company’s Board of Directors effective March 17, 2022. Burnough succeeds outgoing board member Barry Porter of Clarity Partners.
Hudson Pacific Properties Reports Fourth Quarter 2021 Financial Results
Hudson Pacific Properties, Inc. (the "Company" or "Hudson Pacific") (NYSEHPP) today announced financial results for the fourth quarter 2021.
By Hudson Pacific Properties, Inc. · Via Business Wire · February 16, 2022
Hudson Pacific Properties Announces 2021 Dividend Tax Treatment
Hudson Pacific Properties, Inc. (the “Company” or “Hudson Pacific”) (NYSEHPP) today announced the tax treatment for its 2021 common stock dividends.
By Hudson Pacific Properties, Inc. · Via Business Wire · February 7, 2022
Hudson Pacific Properties Announces Dates for Fourth Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP) today announced it will release fourth quarter financial results after the market closes on Wednesday, February 16, 2022. The company will hold a conference call to discuss the results at 11:00 a.m. PT / 2:00 p.m. ET on Thursday, February 17, 2022.
By Hudson Pacific Properties, Inc. · Via Business Wire · January 19, 2022
Hudson Pacific Properties Further Expands Seattle Portfolio with Office Acquisition
Hudson Pacific Properties, Inc. (NYSEHPP) today announced that it has purchased a leasehold interest in a 197,000-square-foot office building in Seattle for $119 million, or $602 per square foot (before closing costs and prorations). The property’s office component, which comprises approximately 192,000 square feet, is fully leased to Amazon. The remaining term on the ground lease is 50 years.
By Hudson Pacific Properties, Inc. · Via Business Wire · December 23, 2021
Hudson Pacific Properties Declares Fourth Quarter 2021 Dividend
Hudson Pacific Properties, Inc. (the “Company” or “Hudson Pacific”) (NYSEHPP) today announced that the Company’s Board of Directors has declared a quarterly dividend on its common stock of $0.25 per share for the fourth quarter of 2021. The dividend will be paid on December 30, 2021 to stockholders of record on December 20, 2021.
By Hudson Pacific Properties, Inc. · Via Business Wire · December 10, 2021
Hudson Pacific Properties Donates $1 Million to Support Housing Development at the West Los Angeles VA Campus
Hudson Pacific Properties, Inc. (NYSEHPP) today announced a $1 million donation to support The Veterans Fund, a $10-million launch fund for the capital campaign to build the nation’s largest veteran housing community at the West Los Angeles VA Campus. The pledge includes a $500,000 monetary donation and $500,000 in pro bono work from Hudson Pacific to support the housing development which will be built at the iconic West Los Angeles Veterans Administration in Los Angeles, located across the street from Hudson Pacific’s headquarters.
By Hudson Pacific Properties, Inc. · Via Business Wire · December 1, 2021
Hudson Pacific Properties Announces Pricing of Preferred Stock Offering
Hudson Pacific Properties, Inc. (the “Company” or “Hudson Pacific”) (NYSEHPP) today announced the pricing of an underwritten public offering of 16,000,000 shares of 4.750% Series C Cumulative Redeemable Preferred Stock, at a price per share of $25.00, for gross proceeds of $400,000,000, before deducting the underwriting discount and estimated offering expenses. The Company has granted the underwriters of the offering a thirty day option to purchase up to 2,400,000 additional shares of 4.750% Series C Cumulative Redeemable Preferred Stock solely to cover over-allotments, if any. The offering is expected to close on November 16, 2021, subject to customary closing conditions. The Company intends to apply to list the Series C Cumulative Redeemable Preferred Stock on the New York Stock Exchange under the symbol “HPP Pr C.”
By Hudson Pacific Properties, Inc. · Via Business Wire · November 4, 2021
Hudson Pacific Properties Reports Third Quarter 2021 Financial Results
Hudson Pacific Properties, Inc. (the "Company" or "Hudson Pacific") (NYSEHPP) today announced financial results for the third quarter 2021.
By Hudson Pacific Properties, Inc. · Via Business Wire · October 26, 2021
Hudson Pacific Properties Earns Top Recognition in 2021 GRESB Assessment for ESG Leadership
Hudson Pacific Properties, Inc. (NYSEHPP) today announced that it has earned top honors in the 2021 Global Real Estate Sustainability Benchmark (GRESB®) Real Estate Assessment for its ESG accomplishments. In addition to achieving Green Star and highest 5-Star ratings for the third consecutive year, Hudson Pacific was recognized as an Office Sector Leader for the Americas, ranking first among the 22 companies in this category in the Development Benchmark. The company also received an “A” Public Disclosure score, ranking first among U.S. office companies.
By Hudson Pacific Properties, Inc. · Via Business Wire · October 25, 2021
Hudson Pacific Properties Hires Vice President of Diversity and Inclusion
Hudson Pacific Properties, Inc. (NYSEHPP) today announced the appointment of Brent Obleton, Ed.D. as Vice President of Diversity and Inclusion. Obleton will be responsible for developing and executing an organizational strategy to advance Hudson Pacific’s commitment to diversity, equity and inclusion (DE&I), whether related to the company’s internal processes, external relationships or the real estate industry at large.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 30, 2021
Hudson Pacific Properties Announces Dates for Third Quarter Earnings Release and Conference Call
Hudson Pacific Properties, Inc. (NYSEHPP) today announced it will release third quarter financial results after the market closes on Tuesday, October 26, 2021. The company will hold a conference call to discuss the results at 11:00 a.m. PT / 2:00 p.m. ET on Wednesday, October 27, 2021.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 29, 2021
Hudson Pacific Properties Unveils Plans for New Hybrid Mass Timber Office Building at Bentall Centre in Vancouver
Hudson Pacific Properties, Inc. (NYSEHPP), operator and joint owner of Bentall Centre in partnership with Blackstone Real Estate, has taken the next step in transforming Bentall Centre with the proposed addition of a 16-storey hybrid mass timber office and retail development called Burrard Exchange at Bentall Centre.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 23, 2021
Hudson Pacific Properties to Participate in BofA Securities 2021 Global Real Estate Virtual Conference
Hudson Pacific Properties, Inc. (NYSEHPP) today announced that Victor Coleman, the company’s Chairman and Chief Executive Officer, and other members of the company’s senior management will participate in a roundtable discussion at BofA Securities 2021 Global Real Estate Virtual Conference on Wednesday, September 22, 2021 at 11:15 a.m. ET.
By Hudson Pacific Properties, Inc. · Via Business Wire · September 15, 2021