Hudson Pacific Properties, Inc. (“Hudson” or the “Company”) (NYSE:
HPP) today announced it has entered into an agreement to sell its
First Financial office property in Encino, California to Douglas Emmett,
Inc. for $89.0 million (before certain credits, prorations and closing
costs). The parties expect to close the transaction, subject to
assumption of an existing $43.0 million loan, in the first quarter of
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