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Home Commercial Hudson Pacific Recalibrates LA Portfolio as Hollywood Stages Refill and $150MM Element LA Trade Clears
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Hudson Pacific Recalibrates LA Portfolio as Hollywood Stages Refill and $150MM Element LA Trade Clears

April 24, 20263 Mins read2.1k
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The REIT booked a $147.8MM Quixote impairment, fully leased Sunset Las Palmas stages, and advanced a 508-unit Culver City residential conversion as content spending and office demand diverge. Hudson Pacific Properties, the only publicly traded REIT that owns both Class A office towers and purpose-built sound stages, is executing a full-scale recalibration of its Southern […]

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