Hudson Pacific Properties and the Canada Pension Plan Investment Board (CPP Investments) have completed their previously announced acquisition of 1918 Eighth Ave., a 668,000-square-foot class A office building in Seattle’s Denny Triangle neighborhood, for $625 million.
Through the joint venture, CPP Investments owns a 45 percent interest in the property and Hudson Pacific owns 55 percent and acts as general partner and as property, leasing and construction manager.