Hudson Pacific Properties
Nine TV Productions Win $121MM in Tax Credits as LA Soundstages Sit One-Third Empty
California awarded $121.3 million in film and television tax credits to nine new television series on Aug. 10, steering $608 million in production...
Hudson Pacific, Blackstone’s $1.1B Hollywood Studio Loan Lands in Special Servicing Ahead of Maturity
The $1.1 billion CMBS loan backing Hudson Pacific Properties and Blackstone's marquee Hollywood studio-and-office portfolio has been handed to a special servicer just...
Hudson Pacific Doubles Down on West LA as Hollywood Stages Hold at 96% and Quixote Losses Narrow
Hudson Pacific Properties is concentrating its Los Angeles leasing push on a recovering West Los Angeles market while its Quixote studio restructuring narrows...
Waters Kraus Paul & Siegel Doubles L.A. Footprint with 10,000 SQFT Lease at Brentwood’s 11601 Wilshire
A national plaintiffs’ law firm has more than doubled its Los Angeles presence, signing a 10,000-square-foot lease at Hudson Pacific Properties’ 11601 Wilshire...
Bardas Tops Out $450MM Echelon Studios in Hollywood, Betting 90,000 SQFT of Offices and Five Stages on a Production Rebound
Bardas Investment Group has topped out Echelon Studios Hollywood, the $450 million urban studio campus replacing a shuttered Sears on Santa Monica Boulevard,...
The Art of the Quiet Exit, A Hudson Pacific Story
Hudson Pacific’s COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...
Netflix Closes $400MM Purchase of 1.1MM-SQFT Radford Studio Center From Goldman Sachs in Studio City
Netflix has completed its acquisition of the historic Radford Studio Center in Studio City from a Goldman Sachs-led lender group for $400 million,...
Hudson Pacific’s Sunset Studios Bets on Smartphone Dramas to Refill Hollywood Soundstages
Hudson Pacific’s Sunset Studios is converting an 8,000-square-foot Hollywood soundstage into permitted, prebuilt sets aimed at smartphone-first vertical dramas, a bet that short-form...
UCLA Clears Environmental Hurdle for 1.35MM-SQFT Westside Pavilion Conversion Into Research Hub
The university’s adaptive reuse play to convert a dead mall into a multidisciplinary science campus moves into formal CEQA review, with a public...
LA Metro Punches Subway Beneath Wilshire, Rewriting the Mid-Wilshire CRE Map Ahead of the World Cup
The $3.1 billion first phase of LA Metro’s D Line extension delivers three underground stations along the region’s densest office spine, handing landlords...
Hudson Pacific’s Hollywood Holdings Hit 100% Office Occupancy as LA Studio Market Starts to Stir
The Sunset campuses anchor HPP’s strongest region as the company prepares to wind down Quixote and ride a tax-credit-fueled production rebound. Southern California...
Hudson Pacific Recalibrates LA Portfolio as Hollywood Stages Refill and $150MM Element LA Trade Clears
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...
