Business & Finance
Business and Finance
Business and Finance
Tue, February 22, 2011 Hudson Pacific Properties, Inc. Announces New Regional Vice President, Northern California, Drew Gordon
LOS ANGELES--([ BUSINESS WIRE ])--Hudson Pacific Properties, Inc. (the aCompanya) (NYSE: HPP) today announced that Drew Gordon has joined the firm as Regional Vice President, Northern California, beginning February 28, 2011.
"We are excited to welcome Drew to our team of established industry veterans"
With more than 20 years of experience, Mr. Gordon will oversee Hudson Pacifica™s operations in the San Francisco Bay Area. Mr. Gordona™s long history and involvement in the area will enhance the Companya™s growing presence in the region, where it currently operates four quality commercial office properties.
aWe are excited to welcome Drew to our team of established industry veterans,a said Victor J. Coleman, chairman and CEO of Hudson Pacific Properties. aHis knowledge of and experience in commercial office real estate in a variety of capacities will be a tremendous asset to us as we continue to expand in Northern California.a
Prior to forming Gordon Realty Investments, a San Francisco-based real estate advisory firm, Mr. Gordon was Director of Acquisitions and Partner at ATC Partners, a full-service real estate firm in San Francisco, where he focused on acquisitions and repositions of West Coast office properties. During that time, he oversaw the acquisition of more than $110 million of office investments in the San Francisco Bay Area and other major West Coast cities. From 1998 to 2004, he served as Senior Vice President and Development Manager for SKS Investments in San Francisco, an investor, advisor and developer of commercial real estate properties in the Western U.S. Prior to that, he served as Project Manager / Construction Manager for Hines Interests in San Francisco.
Mr. Gordon graduated with honors from the University of Western Ontario in London, Canada, with a Bachelor of Social Science degree in the Urban Development Program.
About Hudson Pacific Properties
Hudson Pacific Properties, Inc.is a full-service, vertically integrated real estate company focused on owning, operating and acquiring high-quality office properties and state-of-the-art media and entertainment properties in select growth markets primarily in Northern and Southern California. The Companya™s strategic investment program targets high barrier-to-entry, in-fill locations with favorable, long-term supply-demand characteristics in select target markets including Los Angeles, Orange County, San Diego, San Francisco, Silicon Valley and the East Bay. Its wholly owned portfolio includes 12 properties totaling approximately 3.4 million square feet, strategically located in many of the Companya™s target markets. Upon completion of the Rincon Center acquisition the companya™s portfolio will consist of 13 properties totaling 4 million square feet. The Company intends to elect to be taxed and to operate in a manner that will allow it to qualify as a real estate investment trust, or REIT, for federal income tax purposes, commencing with the taxable year ended December 31, 2010. Hudson Pacific Properties is a component of the Russell 2000® and the Russell 3000® indices.For additional information, visit[ www.hudsonpacificproperties.com ].
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as amay,a awill,a ashould,a aexpects,a aintends,a aplans,a aanticipates,a abelieves,a aestimates,a apredicts,a or apotentiala or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the Companya™s control, that may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect the Companya™s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause the Companya™s future results to differ materially from any forward-looking statements, see the section entitled aRisk Factorsa in the Companya™s final prospectus dated June 23, 2010, and other risks described in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission.
