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Hudson Pacific To Sell More Properties As Office, Studio Leasing Demand Slows

Los Angeles REIT To Reduce Dividend, Cut Studio-Related Guidance During Writers' Strike
Hudson Pacific Properties began marketing for sale in April its 44,260-square-foot 604 Arizona Ave. property in Santa Monica, California. The Los Angeles-based REIT said Tuesday it is planning to sell at least six properties, including a land parcel, all in California. (CoStar)
Hudson Pacific Properties began marketing for sale in April its 44,260-square-foot 604 Arizona Ave. property in Santa Monica, California. The Los Angeles-based REIT said Tuesday it is planning to sell at least six properties, including a land parcel, all in California. (CoStar)

A major Los Angeles office and studio real estate investment trust is selling another six properties, including a land parcel amid office market uncertainty and a Hollywood writers' strike.

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