Hudson Pacific & CPP JV to Spend $625MM for 1918 8th Ave. in Seattle

Hudson Pacific Properties, Inc. (“Hudson Pacific”) (NYSE: HPP) and Canada Pension Plan Investment Board (“CPP Investments”) today announced they have signed an agreement to purchase through a joint venture a 668,000-square-foot trophy office tower in Seattle for US$625 million, or just over $935 per square foot (before closing adjustments). CPP Investments will own a 45% […]