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Stock impact report

Hudson Pacific Properties and Canada Pension Plan Investment Board Acquire Seattle Office Property

Hudson Pacific Properties, Inc. (HPP) 
Last hudson pacific properties, inc. earnings: 2/20 06:00 am Check Earnings Report
US:NYSE Investor Relations: hudsonpacificproperties.com
Company Research Source: Business Wire
LOS ANGELES & TORONTO--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (NYSE: HPP) and Canada Pension Plan Investment Board (“CPPIB”) announced today that they have acquired through a joint venture a 285,680-square-foot, Class-A office tower, known as “Hill7,” for approximately US$180 million (after closing adjustments). CPPIB will own a 45% interest in the joint venture and Hudson Pacific will own 55% and act as managing member responsible for property management, leasing and construction. This Smart News Release features multimedia. View the full release here:http://www.businesswire.com/news/home/20161010005323/en/ Located at 1099 Stewart Street in Seattle’s Denny Triangle neighborhood, directly adjacent to South Lake Union, this newly constructed, 11-story office building is currently 80.4% leased with HBO and Redfin as anchor tenants. The property offers large floor plates, city and water views, modern on-sit Show less Read more
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