Hudson Pacific Properties

HPP

Hudson Pacific Properties is a real estate investment trust with 19 million square feet of primarily office buildings and studio properties on the West Coast of the United States and Vancouver. It is organized in Maryland and headquartered in Los Angeles. They the largest independent operator of sound stages in Los Angeles. As of December 31, 2019, the 2 largest tenants of the company were Google and Netflix, which together accounted for 15.2% of revenues.The Glaser-Kochavi family is the largest shareholder. In June 2020, Hudson claims to be the largest independent operator of sound stages in Los Angeles.

Hudson Pacific Properties has been a target of short sellers for a while. The current short interest of 11.99% is slightly below the average of the last 12 months (15.96%).