Hudson Pacific Properties Sells Burlingame Office Property For $90MM

LOS ANGELES--Hudson Pacific Properties, Inc. (NYSE: HPP) today announced the sale of its Bay Park Plaza office property in Burlingame, California to Asian private equity firm H&Q Asia Pacific for $90.0 million before certain credits, prorations and closing costs. The sale was an all-cash transaction. [quote]“By selling Bay Park Plaza, we’re disposing of a non-strategic […]