Hudson Pacific Sells North San Jose Office Property
LOS ANGELES–(BUSINESS WIRE)–Hudson Pacific Properties, Inc. (NYSE: HPP) announced today that it has closed on the sale of Skyport Plaza, a 419,000-square-foot office property in North San Jose, California, for $75.5 million before prorations and closing costs. The company also sold a real estate asset associated with the winddown of certain Quixote operations, and will use all net proceeds from both sales to pay down its unsecured revolving credit facility, leaving an outstanding balance of $