Company: HPP
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001482512-25-000029
Chunk: 178

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 2
Chunk 178
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ITEM 2.    Properties 

As of December 31, 2024, our portfolio of owned real estate consisted of 57 properties (36 wholly-owned properties, 14 properties owned by joint ventures and seven land properties) totaling approximately 20 million square feet and located primarily in Los Angeles, the San Francisco Bay Area, Seattle, New York, Vancouver, British Columbia and Greater London, United Kingdom.

Office Portfolio

Our office portfolio consists of 45 office properties totaling approximately 14.6 million square feet located in Los Angeles, the San Francisco Bay Area, Seattle and Vancouver, British Columbia. 

In-Service Office Portfolio

Our in-service office portfolio consists of owned office properties, excluding repositioning, redevelopment, development and held for sale properties.  As of December 31, 2024, the weighted average remaining lease term for our in-service office portfolio was 4.6 years

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The following table summarizes information relating to the consolidated and unconsolidated in-service office properties owned as of December 31, 2024:

Location SubmarketSquare Feet(1)Percent Occupied(2)Percent Leased(3)Annualized Base Rent(4)Annualized Base Rent Per Square Foot(5)Los Angeles, CaliforniaICON(6)Hollywood326,792 100.0 %100.0 %$21,911,055 $67.05 EPIC(6)Hollywood301,127 100.0 100.0 23,198,824 77.04 Harlow(6)Hollywood129,931 100.0 100.0 8,212,625 63.21 6040 Sunset(6)Hollywood114,958 100.0 100.0 7,219,752 62.80 CUE(6)Hollywood94,386 100.0 100.0 6,411,443 67.93 11601 WilshireWest Los Angeles499,758 90.8 91.4 21,783,475 47.98 Element LAWest Los Angeles284,037 100.0 100.0 19,520,478 68.73 Fourth & TractionDowntown Los Angeles131,701 100.0 100.0 6,359,052 48.28 San Francisco Bay Area, CaliforniaConcourseNorth San Jose941,616 64.9 68