Hudson Pacific Properties, Inc. (HPP.PC) company profile
Close on Oct 30, 2026Market cap $745.11MP/E –Yield 0.00%
About Hudson Pacific Properties
Real Estate, SIC 6500
Hudson Pacific Properties is a real estate investment trust that acquires, develops, repositions, and operates office and studio real estate. The company operates through two main business segments: office properties and related operations, and studio properties and related operations. Alongside commercial workspaces, it provides sound stages and production services, which include equipment, vehicles, lighting, and grip supplies. Its tenants and clients are primarily companies in the technology, media, and entertainment industries.
The company's portfolio encompasses approximately 13.9 million square feet of office space, 1.7 million square feet of studio facilities with 45 sound stages, lease rights to 20 additional sound stages, and 3.2 million square feet of undeveloped land density rights. It also employs 607 people. The company's properties are located in Northern and Southern California, the Pacific Northwest, New York, Western Canada, and Greater London in the United Kingdom. Its principal executive offices are located in Los Angeles, California.
Summary of the business section of Hudson Pacific Properties's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Hudson Pacific Properties, Inc.
- Headquarters
- Los Angeles, CA
- Address
- 11601 Wilshire Blvd., Ninth Floor 90025
- Phone
- (310) 445-5700
- Website
- hudsonpacificproperties.com
- Employees
- 607, Dec 31, 2025
- Industry
- Real Estate
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Los Angeles, California
Stock & identifiers
- Ticker
- HPP.PC
- Other tickers
- HPP
- Exchange
- NYSE
- IPO date
- Jun 24, 2010
- Shares outstanding
- 54M, Aug 3, 2026
- Public float
- $1.00B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-7 reverse, Dec 2, 2025
- SEC CIK
- 1482512
- CUSIP
- 444097406
- ISIN
- US4440974065
- LEI
- 529900EURZA5HRSXQ389
- EIN
- 27-1430478
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Victor J. Coleman | Chief Executive Officer, Director | 842,907 |
| Kay Lee Tidwell | Executive VP, General Counsel | 68,211 |
| Andy Wattula | Chief Operating Officer | 66,862 |
| Christopher James Barton | EVP,Development & Capital Inv | 69,326 |
| Mark T. Lammas | President | 141,578 |
| Sanford Dale Shimoda | EVP, Finance | 82,066 |
| Harout Krikor Diramerian | Chief Financial Officer | 64,456 |
| Arthur X. Suazo | EVP, Leasing | 115,123 |
| Drew Gordon | Chief Investment Officer | 123,528 |
| Steven M. Jaffe | EVP, Business Affairs | 47,771 |
| Jon E. Bortz | Director | 35,394 |
| Robert L. Harris Ii | Director | 32,416 |
| Ted R. Antenucci | Director | 43,870 |
| Barry A. Sholem | Director | 64,707 |
| T. Ritson Ferguson | Director | 26,459 |
| Jonathan M. Glaser | Director | 901,412 |
| Erinn Burnough | Director | 109,051 |
| Michael B. Nash | Director | 71,458 |
| Mark David Linehan | Director | 154,127 |
| Christy Haubegger | Director | 110,120 |
| Andrea L. Wong | Director | 114,307 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $2.77M | -$2.08M | $1.64M | $8 | $64 |
| FY2024 | $24.80M | $3.61M | $5.10M | $15 | $82 |
| FY2023 | $8.37M | $9.13M | $2.35M | $46 | $79 |
| FY2022 | $6.79M | -$5.67M | $2.00M | $45 | $79 |
| FY2021 | $10.55M | $9.51M | $2.85M | $15 | $82 |
| FY2020 | $9.49M | -$1.75M | $3.20M | $67 | $83 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Victor J. Coleman Chief Executive Officer and Chairman of the Board | $1.00M | $1.40M | $356.33K | $10.56K | $2.77M | -89% |
| Mark T. Lammas President and Treasurer | $762.00K | $792.48K | $160.89K | $10.56K | $1.73M | -85% |
| Harout Diramerian Chief Financial Officer | $473.00K | $435.16K | $55.27K | $10.56K | $973.99K | -79% |
| Arthur X. Suazo Executive Vice President, Leasing Executive | $578.00K | $531.76K | $901.90K | $10.56K | $2.02M | -13% |
| Drew Gordon Chief Investment Officer | $552.50K | $508.30K | $753.31K | $10.56K | $1.82M | -13% |
| Andrew L. Wattula Chief Operating Officer | $505.50K | $464.60K | $748.26K | $10.56K | $1.73M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Jun 24, 2010
- Offer price
- $17.00
- Securities offered
- 12,800,000
- Gross proceeds
- $217.60M
- Exchange
- NYSE
- First trading day
- Jun 24, 2010
- First-day close
- $17.40+2.4%
- Lock-up ends (est.)
- Dec 21, 2010
“Per Share Total Public offering price $ 17.00 $ 217,600,000 Underwriting discount $ 1.19 $ 15,232,000 Proceeds, before expenses, to us $ 15.81 $ 202,368,000 We have granted the underwriters an option to purchase up to 1,920,000 additional shares of our common stock from us, at the initial public offering price, les”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 607 employees, of whom 131 were covered by collective bargaining agreements within our production services and operating companies.”
Corporate history
Events identified from SEC filings