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CommercialFinanceIndustry NewsLeasing

Hudson Pacific Raises Guidance as Losses Reach $1.56B Over 19 Quarters, With Its Seattle Portfolio 75.6% Occupied

Hudson Pacific Properties raised and narrowed its 2026 earnings outlook and lifted company-wide office occupancy to 85.6 percent in the third quarter, but...

Space Needle between two apartment buildings in Seattle
CommercialIndustry NewsLeasing

Seattle Becomes Hudson Pacific’s Fastest-Growing Pipeline as 10 Tenants Circle 546,000 SQFT Washington 1000, Still 1.9% Leased

Hudson Pacific Properties told investors on its third-quarter call that Seattle has become the fastest-growing slice of its leasing pipeline, with 10 tenants...

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CommercialFinanceIndustry NewsLeasing

Rialto Denies Hudson Pacific’s Second Bid to Restructure $101MM Hill7 Loans in Seattle

Rialto Capital has rejected Hudson Pacific Properties' second attempt to restructure the $101 million in debt tied to its half-empty Hill7 tower in...

Pioneer Square district and Centurylink Field stadium in Seattle.
AECCommercialFeaturedIndustry NewsLeasing

Hudson Pacific’s Seattle Portfolio Splits Between Strong Denny Triangle, Struggling Pioneer Square

Washington 1000 sits 99.5 percent vacant 18 months after delivery as Pioneer Square holdings drag down portfolio averages. Hudson Pacific Properties' Seattle office...

Pioneer Square district and Centurylink Field stadium in Seattle.
CommercialFeaturedFinanceIndustry News

Hudson Pacific’s $278MM Quarterly Loss Casts Shadow Over Seattle Portfolio as Amazon Anchor Holds but Pioneer Square Struggles

West Coast REIT posts fourth straight quarterly loss and $572MM full-year deficit while nine-property Puget Sound platform shows 69.5 percent occupancy and Washington...

Seattle skyline from Lake Union
CommercialFeaturedFinanceIndustry News

Hudson Pacific’s Seattle Gamble: Doubling Down as Others Flee

The struggling office REIT is buying out partners and restructuring debt on West Coast towers, betting on a tech recovery that hasn't arrived...

View of Space Needle in Seattle next to Amazon headquarters spheres
ContributorsFeaturedFinanceIndustry News

Hudson Pacific’s Puget Sound Assets Hold Steady as Leasing Improves, Losses Persist

Hudson Pacific Properties’ third-quarter 2025 results showed continued financial strain for the West Coast-focused office landlord, but its Pacific Northwest assets—centered largely in...

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CommercialFeaturedFinanceIndustry News

Seattle’s Office Market Contraction Continues As Vacancy Climbs and Companies Shed 380,000 SQFT

Seattle's office market is displaying early signs of revival in Q1 2025, though significant challenges remain. According to CBRE's latest report, downtown Seattle...

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CommercialFinanceIndustry News

WeWork to Exit 56,000 SQFT Lease in Seattle’s Denny Triangle Neighborhood

By The Registry Staff Another lease in Seattle is planned to be vacated soon. WeWork, the once-dominant coworking giant, is set to vacate...

CommercialFinanceIndustry News

Moderna Subleases 54,000 SQFT at Hudson Pacific Properties’ Hill7 in Seattle

By Kate Snyder An office tower north of Seattle’s downtown has gained a new tenant through a sublease. According to a recent report...

CommercialFinanceIndustry NewsNews Releases

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...

Commercial

A Peek into WeWork’s Future in Seattle

By Vladimir Bosanac It seems often enough that WeWork makes the news in commercial real estate circles in and around the Puget Sound...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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