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About
Hudson Pacific Properties, Inc. owns, operates, and acquires office, media, and entertainment properties. It operates through the Office Properties, and Media and Entertainment Properties segments. The Office Properties segment manages 54 office properties located in California and Pacific Northwest. The Media and Entertainment segment includes the Sunset Gower and Sunset Bronson properties. The company was founded on November 9, 2009 and is headquartered in Los Angeles, CA. | |||
Description
Hudson Pacific Properties, Inc. operates as a vertically integrated real estate trust (REIT) in the United States. It engages in owning, operating, and acquiring office, and media and entertainment properties primarily in Northern and Southern California in Los Angeles, Orange County, San Diego, San Francisco, Silicon Valley, and the East Bay. As of March 31, 2011, it owned a portfolio of 15 office properties; and 2 media and entertainment properties in California comprising approximately 4.4 million square feet. The company has elected to be treated as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. The company is based in Los Angeles, California. | |||
