Hudson Pacific to sell up to $150M in offices to pay debt

by TRD Staff

Hudson Pacific Properties is selling four office buildings for up to $150 million as it struggles with hundreds of millions in financial losses from low-performing office and studio properties. The Brentwood-based investor is shedding real estate properties as it comes to terms with declining office and Hollywood studio occupancy, Bisnow reported, citing an earnings call. […]This article originally appeared on The Real Deal. Click here to read the full story.

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