Expects to Realize over $90 Million of Gross Proceeds from Closed Non-Core Asset Sales by End of First Quarter 2025

Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has closed on the sale of a non-core office property, Maxwell, located in the Los Angeles Arts District, for $46.0 million before prorations and closing costs. The company used net proceeds to repay amounts outstanding on its unsecured revolving credit facility. Inclusive of its Foothill Research Center office property which is under contract and expected to close in first quarter of this year, the company will have executed on a total of $93.8 million in non-core asset sales since mid-November last year, with additional sales expected to follow.

“We continue to make strong progress in our efforts to monetize non-core assets at favorable pricing and in a timely manner,” stated Victor Coleman, Chairman and CEO. “With the sale of Maxwell and the pending close of the Foothill Research Center, we will have generated more than $90 million of gross proceeds since November. We have additional non-core asset sales in process and look forward to providing investors with another update on our fourth quarter earnings call.”

About Hudson Pacific Properties

Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific’s unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space. For more information visit HudsonPacificProperties.com.

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Investor Contact

Laura Campbell Executive Vice President, Investor Relations & Marketing (310) 622-1702 lcampbell@hudsonppi.com

Media Contact

Laura Murray Vice President, Communications (310) 622-1781 lmurray@hudsonppi.com

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