Company: HPP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001482512-25-000150
Chunk: 7

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 7
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5Q3-2026TOTAL232,000 Recently Completed:Seattle, WashingtonWashington 1000OfficeDenny Triangle546,000 Q4-2024Q1-2027TOTAL546,000 Future Development Pipeline:Los Angeles, CaliforniaSunset Las Palmas Studios—Development(3)StudioHollywood617,581TBDTBDSunset Gower Studios—Development(3)Office/StudioHollywood478,845TBDTBDSunset Bronson Studios Lot D—Development(3)ResidentialHollywood19,816 (33 units)TBDTBDElement LA—DevelopmentOfficeWest Los Angeles500,000TBDTBD10900/10950 WashingtonResidentialWest Los Angeles428,623 (508 units)TBDTBDVancouver, British ColumbiaBurrard Exchange(4)OfficeDowntown Vancouver450,000TBDTBDGreater London, United KingdomSunset Waltham Cross Studios(5)StudioBroxbourne1,167,347TBDTBDTOTAL3,662,212 TOTAL UNDER CONSTRUCTION, RECENTLY COMPLETED AND FUTURE DEVELOPMENT4,440,212 

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1.Estimated square footage represents management’s estimate of leasable square footage, 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. For land properties, square footage represents management’s estimate of developable square footage, the majority of which remains subject to entitlement approvals not yet obtained.

2.We own 25.6% of the ownership interest in the unconsolidated joint venture that owns Sunset Pier 94 Studios. 

3.We own 51% of the ownership interests in the consolidated joint venture that owns Sunset Bronson Studios, Sunset Gower Studios and Sunset Las Palmas Studios.

4.We own 20% of the ownership interests in the unconsolidated joint venture that owns Burrard Exchange.

5.We own 35% of the ownership interests in the unconsolidated joint venture that owns Sunset Waltham Cross Studios.

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Properties are selected for repositioning when an asset or portions of an asset are taken offline for a change of use or if the asset requires significant base building improvements resulting in substantial down time in occupancy. Studio development properties are incorporated into the in-service portfolio on the earlier of the one year anniversary of completion or the project’s estimated stabilization date. Office development properties are