| Market Capitalization (Millions $) |
813 |
| Shares
Outstanding (Millions) |
64 |
| Employees |
607 |
| Revenues (TTM) (Millions $) |
815 |
| Net Income (TTM) (Millions $) |
-563 |
| Cash Flow (TTM) (Millions $) |
-35 |
| Capital Exp. (TTM) (Millions $) |
153 |
Business Description
Hudson Pacific Properties Inc. (HPP) is a real estate investment trust (REIT) based in Los Angeles, California, that focuses on acquiring, developing, and operating office and studio properties in coastal markets in the United States. The company was founded in 2006 by Victor Coleman, a veteran real estate executive, and its current CEO is Mark Lammas. HPP operates in both Northern and Southern California as well as in the Pacific Northwest.
HPP has a diverse portfolio of properties, including office buildings, studios, and media-related properties. The company's portfolio includes properties like 333 Market Street, a Class A office tower in the heart of San Francisco's Financial District, and Sunset Bronson Studios, a state-of-the-art production facility in Hollywood. HPP's assets are primarily concentrated in high-growth, high-barrier-to-entry markets that are characterized by strong job and population growth and high demand for premium office and studio space.
HPP's investment strategy is grounded in a focus on creating value through a combination of capitalizing on market inefficiencies, unlocking development potential, and leveraging its deep industry relationships. The company has a strong track record of executing complex redevelopment and renovation projects and has an experienced in-house team of professionals with expertise in all aspects of real estate development, from design and construction to leasing and property management.
In addition to its focus on high-quality properties, HPP is also committed to sustainable and environmentally responsible business practices. The company has implemented a variety of green initiatives across its portfolio, including the installation of solar panels, the use of energy-efficient lighting, and the implementation of water-saving measures. This commitment to sustainability has earned HPP recognition as a leader in ESG (Environmental, Social, and Governance) practices within the real estate industry.
Overall, Hudson Pacific Properties Inc. is a well-respected real estate investment trust with a strong presence in the high-growth, high-demand coastal markets of California and the Pacific Northwest. With a focus on creating value through a combination of market inefficiencies, development potential, and strong relationships, as well as a commitment to sustainable business practices, HPP is well-positioned for long-term success.
Company Address: 11601 Wilshire Blvd., Ninth Floor Los Angeles 90025 CA
Company Phone Number: 445-5700 Stock Exchange / Ticker: NYSE HPP
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2.09% 
9.85 %