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Transactions - JANUARY 11, 2018

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Hudson Pacific Properties sells four California office properties for $255m

by Jody Barhanovich

Hudson Pacific Properties, a vertically integrated real estate company focused on acquiring, repositioning, developing and operating high-quality office and state-of-the-art media and entertainment properties in select West Coast markets, has sold four office properties in Northern and Southern California for $254.8 million before credits, prorations and closing costs.

The properties under contract are:

2180 Sand Hill, a 45,613-square-foot office property in Menlo Park for $82.5 million before credits, prorations and closing costs Embarcadero Place, a 197,402-square-foot office campus in Palo Alto for $136 million before credits, prorations and closing costs Peninsula Office Park’s 63,050-square-foot Building 6 in San Mateo for $22.5 million before credits, prorations and closing costs 9300 Wilshire, a 61,422-square-foot office property in Beverly Hills for $13.8 million before credits, prorations and closing costs

Hudso

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