Company: HPP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001482512-25-000150
Chunk: 105

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 105
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, our in-service office portfolio was 76.5% leased (including leases not yet commenced). Our same-store studio properties were 75.9% leased for the average percent leased for the 12 months ended September 30, 2025. 

The following table summarizes our consolidated and unconsolidated portfolio as of September 30, 2025: 

Number of PropertiesRentable Square Feet(1)Percent Occupied(2)Percent Leased(2)Annualized Base Rent per Square Foot(3)OFFICESame-store(4)3911,929,97274.0 %74.7 %$57.11 Non-same store11,524,57590.7 91.0 29.24 Total in-service office4013,454,54775.9 %76.5 %$53.34 STUDIOSame-store(5)31,204,66675.9 %75.9 %$47.36 Non-same store1243,3008.4 8.4 36.21Total in-service studio41,447,96664.6 %64.6 %$47.10 Total 4414,902,513Repositioning(6)1240,569— %— %$— Development(7)2778,0000.4 0.4 3.72 Held-for-sale00— — — Total repositioning, development and held-for-sale31,018,5690.3 %0.3 %$3.72 Total office and studio properties4715,921,082Future development(8)73,662,212TOTAL5419,583,294

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1.Determined by management based upon estimated leasable square feet, which may be less or more than the Building Owners and Managers Association (“BOMA”) rentable area. Square footage may change over time due to re-measurement or re-leasing.

2.Percent occupied for office properties is calculated as (i) square footage under commenced leases as of September 30, 2025, divided by (ii) total square feet, expressed as a percentage. Percent leased for office properties includes uncommenced leases. Percent leased for studio properties is calculated as (i) average square footage under commenced leases for the 12 months ended September 30, 2025, divided by (ii