Company: HPP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001482512-25-000150
Chunk: 4

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 4
---
 30, 2025. Annualized base rent per square foot for studio properties reflects actual base rent for the 12 months ended September 30, 2025, excluding tenant reimbursements. ABR per leased square foot calculated as (i) annual base rent divided by (ii) square footage under lease as of September 30, 2025.

4.Same-store office for the three months ended September 30, 2025 defined as all properties owned and included in our stabilized office portfolio as of July 1, 2024 and still owned and included in the stabilized office portfolio as of September 30, 2025.

5.Includes studio properties owned and included in our portfolio as of July 1, 2024 and still owned and included in our portfolio as of September 30, 2025.

43

6.Refer to Repositioning table in this document for the office and studio projects under repositioning as of September 30, 2025.

7.Includes 546,000 square feet related to the office development Washington 1000 and 232,000 square feet related to Sunset Pier 94 Studios. 

8.Includes entitlement to develop up to 428,623 square feet (508 residential units) at 10900-10950 Washington. 

The following table provides information regarding the 15 largest tenants in our office portfolio based on HPP’s share of annualized base rent as of September 30, 2025:

Tenant# of PropertiesLease ExpirationTotal Occupied Square FeetHPP’s ShareAnnualized Base Rent(1)Percent of Annualized Base Rent1Google, Inc.32028-2029458,054 (2)$39,150,826 8.6 %2Netflix, Inc.39/30/31722,305 (3)27,065,312 5.9 3Amazon22030-2031850,964 (4)24,649,423 5.4 4Riot Games, Inc.13/31/30284,037 20,106,092 4.4 5City and County of San Francisco22033-2067429,595 (5)17,769,342 3.9 6Nutanix, Inc.15/31/30215,857 12,031,216 2.6 7Salesforce.com12027-2028176,400 (6)10,589,