Hudson Pacific draws $605M on revolver, sells Northview Center for $46M in Aug 2022

Hudson Pacific Properties, Inc.

Revolver borrowings at $605M as of Sept 7, 2022, including ~$200M for Quixote acquisition.
Completed sale of Northview Center in Lynnwood, WA for $46M before closing costs on Aug 31, 2022.
Portfolio as of June 30: 15.8M sq ft office, 1.5M sq ft studio; top tenant Google 12.7% of annualized base rent.
Company's Share of debt, net at $3.26B as of June 30; Company's Share of market cap $6.08B.
Office portfolio 89.8% leased in Silicon Valley, 94.2% in SF, 99% in Los Angeles as of June 30.

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