LOS ANGELES--([ BUSINESS WIRE ])--Hudson Pacific Properties, Inc. (the aCompanya) (NYSE:HPP) today announced it has signed a new lease for its 44,260 square-foot 604 Arizona property located in the heart of Santa Monicaas high-demand market appealing to entertainment and technology-related tenants.
"We are pleased to announce the signing of a new lease at 604 Arizona with Real Office Centers"
Real Office Centers, a provider of unique, socially conscious office space to fast growing companies in the technology, media and other sectors, signed a new ten-year, 44,260-square-foot lease for the entire 604 Arizona project.
aWe are pleased to announce the signing of a new lease at 604 Arizona with Real Office Centers,a said Victor J. Coleman, Chairman and Chief Executive Officer of Hudson Pacific Properties, Inc. aThis property generated significant interest from prospective tenants due to the limited supply of creative office space throughout west Los Angeles. This leasing activity demonstrates our ability to attract a sizeable tenant at this well-located, quality property that is ideally suited to meet tenant needs in this unique market.a
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 Company'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. The Company's portfolio consists of approximately 4.5 million square feet (including undeveloped land). 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. Hudson Pacific Properties is a component of the Russell 2000 and the Russell 3000 indices.For additional information, please visit[ www.hudsonpacificproperties.com ].
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