Company: HPP
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001193125-25-140284
Chunk: 14

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-06-13
Form: 424B5
Chunk 14
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 offered and sold by us.                                                                                                                                |

S-5

| Use of Proceeds | We estimate that the net proceeds that we will receive from this offering will be approximately $572.9 million, or approximately $659.2 million if the underwriters’ option to purchase additional shares of common stock is exercised in full, 
 after deducting estimated underwriting discounts and commissions and our estimated offering expenses. We will contribute the net proceeds that we will receive from this offering of our common stock and                                       
 Pre-Funded Warrants to our operating partnership in exchange for common units and pre-funded warrants exercisable for common units, respectively.                                                                                               |

| Our operating partnership intends to use the net proceeds from this offering to repay borrowings under our revolving credit facility, fund development and redevelopment activities, fund potential acquisition                                       
 opportunities and/or for general corporate purposes. Pending these applications, our operating partnership intends to invest the net proceeds in interest-bearing accounts and short-term, interest-bearing securities in a manner that is consistent 
 with our intention to qualify for taxation as a REIT. See “Use of Proceeds.”                                                                                                                                                                          |

| Affiliates of BofA Securities, Inc. and Wells Fargo Securities, LLC are syndication agent and administrative agent, respectively, under our revolving credit facility and affiliates of BofA Securities, Inc., Wells Fargo                           
 Securities, LLC, RBC Capital Markets, LLC, KeyBanc Capital Markets Inc., Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC, are lenders under our revolving credit facility and/or certain of our term loans. As described above, our             
 operating partnership intends to use a portion of the net proceeds from this offering to repay borrowings outstanding under our revolving credit facility. As a result, these affiliates will receive their proportionate share of any amount of our 
 revolving credit facility that is repaid with the net proceeds of this offering.                                                                                                                                                                     |

| Restrictions on ownership | Our charter contains restrictions on the ownership and transfer of our stock that are intended to assist us in complying with the requirements for qualification as a REIT. Among other things, our charter provides that, subject to certain             
 exceptions, no person or entity may actually or beneficially own, or be deemed to own by virtue of the applicable constructive ownership provisions of the Code more than 9.8% (in value or in number of shares, whichever is more restrictive) of the    
 outstanding shares of our common stock. Our board of directors may, in its sole and absolute discretion, waive one or more of