StocksMedium•15 October 2026•
1 min read
Hudson Pacific Sells North San Jose Office Property for $75.5M
Key Facts
1Hudson Pacific Properties closed the sale of Skyport Plaza, a 419,000-square-foot office property in North San Jose, for $75.5 million.
2The company will use all net proceeds from the sale to pay down its unsecured revolving credit facility.
Hudson Pacific Properties closed the sale of Skyport Plaza, a 419,000-square-foot office property in North San Jose, for $75.5 million. According to a statement released via Business Wire, the transaction also included an additional real estate asset related to Quixote operations.
The company will use all net proceeds from the sale to pay down its unsecured revolving credit facility as part of a broader strategy to reduce outstanding debt. HPP closed at $10.9 on October 14, 2026, having reached a session high of $12 during the same day.