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 Hudson Pacific Sells North San Jose Office Property

$HPPPress releaseOct 15, 2026, 6:25 PM ETRead the release

Hudson Pacific closed the $75.5 million sale of Skyport Plaza, a 419,000-square-foot largely vacant office property in North San Jose. Alongside a Quixote winddown asset sale, all net proceeds are going to pay down the unsecured revolver, leaving just $30.0 million outstanding.

Key figures

Deal Value Usd
75500000
Property sqft
419000
Ytd dispositions
$190 million
Transactions closed 2026
5
Revolver balance after paydown
$30.0 million

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.