Company: HPP
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001193125-25-140284
Chunk: 1

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-06-13
Form: 424B5
Chunk 1
---
, 2025 was $2.44 per share. There is no established public trading market for the Pre-FundedWarrants, and we do not expect a market to develop. In addition, we do not intend to list the Pre-FundedWarrants on the NYSE, any other national securities exchange or any other nationally recognized trading system. Without an active trading market, the liquidity of such Pre-FundedWarrants will be limited. See “ Risk Factors” beginning on page S-11of this prospectus supplement and the risks set forth under the caption “Item 1A. Risk Factors” included in the Annual Report on Form 10-Kof Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. for the year ended December 31, 2024, which is incorporated by reference herein, for certain risks relevant to an investment in our securities.

|                                  |     | Per Share |           |     | Per Pre-Funded 
 Warrant        |           |     | Total |                |
|:---------------------------------|:----|:----------|----------:|:----|:---------------|----------:|:----|:------|---------------:|
| Public offering price            |     | $         |      2.23 |     | $              |      2.22 |     | $     | 599,281,361.88 |
| Underwriting discounts and       
 commissions(1)                   |     | $         | 0.0880900 |     | $              | 0.0880900 |     | $     |  23,701,345.21 |
| Proceeds, before expenses, to us |     | $         |  2.141910 |     | $              |  2.131910 |     | $     | 575,580,016.67 |

| (1) | We have agreed to reimburse the underwriters for expenses in the amount of $179,461.88. We refer you to                             
 “Underwriting” beginning on page S-26 of this prospectus supplement for additional information regarding underwriting compensation. |

We have granted the underwriters an option to purchase up to 40,358,744 additional shares of our common stock at the public offering price, less the underwriting discounts and commissions, within 30 days from the date of this prospectus supplement. Cohen & Steers Capital Management, Inc., or the investor, on behalf of its clients’ accounts, has indicated an interest in purchasing