Hudson Pacific Properties reported second quarter 2026 financial results on August 5, 2026, raising its full-year Core FFO guidance to $1.12–$1.20 per diluted share from $1.10–$1.18. The company achieved in-service office occupancy of 82.5%, up 470 basis points year-over-year, and executed 1.3 million square feet of office leases, including a landmark 891,000-square-foot agreement with the City and County of San Francisco at 1455 Market with a weighted average term of 24 years. Core FFO grew 30% to $0.35 per diluted share, while same-store cash NOI increased 7.5% to $90.2 million. The Board declared and paid a quarterly dividend of $0.296875 per share on the 4.750% Series C cumulative preferred stock. Hudson Pacific Properties is a real estate investment trust that owns, operates, and develops office and studio properties primarily for technology and media tenants.

On June 18, 2026, Andrew Wattula resigned as Chief Operating Officer. Mr. Wattula joined the company in 2017 and held the COO role since 2021. The company stated the resignation is unrelated to any financial, accounting, or operational disagreements. His responsibilities have been reassigned to existing executive officers and management while the company evaluates a replacement. Hudson Pacific Properties is a real estate investment trust that owns and manages commercial office buildings.