Hudson Pacific Properties Inc (HPP) is a self-managed and self-administered real estate investment trust. It also focuses on acquiring, developing, repositioning, transforming, building, and operating office and studio properties in Northern and Southern California, the Pacific Northwest, Western Canada, and London, the UK. HPP provides workspaces for the technology and media and entertainment sectors. Its portfolio comprises office properties and studio properties. HPP also offers capital management, investment, property leasing and rental services. The company operates in the US and Canada. HPP is headquartered in Los Angeles, California, the US.
Headquarters
United States of America
Address
Suite 1600, 11601 Wilshire Blvd., Los Angeles, California, 90025
Website
www.hudsonpacificproperties.com
Telephone
1 310 4455700
No of Employees
758
Industry
Construction
Ticker Symbol & Exchange
HPP (NYSE)
Revenue (2022)
$952.3M
-7.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-397.2%
(2022 vs 2021)
Market Cap*
$839.8M
Net Profit Margin (2022)
XYZ
-435.5%
(2022 vs 2021)
* As of and is in US$
Hudson Pacific Properties Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Owning, Operating and Acquiring Office and Studio Properties |
| Development and Redevelopment of Commercial and Residential Buildings |
| Rental and Leasing Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Asset Disposal | In January, the company and Macerich sold One Westside and Westside Two in Los Angeles to the Regents of the University of California for US$700 million. |
| 2023 | Contracts/Agreements | In August, the company along with Vornado Realty Trust, Blackstone and the City of New York, and New York City Economic Development Corporation entered into Manhattan’s first public-private partnership venture to build a purpose-built studio campus at Pier 94. |
| 2023 | Divestiture | In August, the company divested its two Los Angeles office properties for US$72.5 million. |
Competitor Comparison
| Key Parameters | Hudson Pacific Properties Inc | Boston Properties Inc | Kilroy Realty Corp | SL Green Realty Corp | Franklin Street Properties Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Los Angeles | Boston | Los Angeles | New York | Wakefield |
| State/Province | California | Massachusetts | California | New York | Massachusetts |
| No. of Employees | 758 | 836 | 248 | 1,188 | 28 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Victor J Coleman | President; Chief Executive Officer; Chairman | Executive Board | 2010 | 61 |
| Harout Diramerian | Chief Financial Officer | Senior Management | 2010 | 48 |
| Andy Wattula | Chief Operating Officer | Senior Management | 2021 | - |
| Lisa Burelli | Chief People Officer | Senior Management | 2022 | - |
| Kay L Tidwell | General Counsel; Chief Risk Officer; Secretary; Executive Vice President | Senior Management | 2010 | 45 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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