Hudson Pacific Properties Announces Promotion of Alex Vouvalides to Chief Investment Officer

LOS ANGELES--()--Hudson Pacific Properties, Inc. (the “Company”) (NYSE: HPP) today announced that Alex Vouvalides has been promoted to Chief Investment Officer.

Mr. Vouvalides joined the Company’s predecessor, Hudson Capital, LLC, in 2009 to oversee investments and has led its acquisition efforts on more than $1.6 billion of acquisitions and related project financings throughout Northern and Southern California and the Pacific Northwest.

“Alex has played an essential role in the growth of our Company, proving himself a leader in all aspects of the acquisition and disposition process,” said Victor J. Coleman, Chairman and Chief Executive Officer of Hudson Pacific Properties, Inc. “This is a well-deserved promotion to a key member of our senior management team. We are confident that his market knowledge will further the Company’s success and growth.”

Before joining Hudson Capital, LLC, Mr. Vouvalides was with the Real Estate Finance & Securitization Group at Credit Suisse working in both the firm’s New York and Los Angeles offices, where he underwrote and closed more than $7.0 billion of acquisition and recapitalization loans across various asset types including office, hotel, retail, land and construction. Prior to that, Mr. Vouvalides worked in the Technology, Media & Telecommunications group at JPMorgan Chase & Co. in New York. Mr. Vouvalides graduated from Emory University with a Bachelor of Arts degree in Political Science.

About Hudson Pacific Properties

Hudson Pacific Properties, Inc. is a full-service, vertically integrated real estate company focused on owning, operating and acquiring high-quality office properties and state-of-the-art media and entertainment properties in select growth markets primarily in the Pacific Northwest and Northern and Southern California. The Company’s strategic investment program targets high barrier-to-entry, in-fill locations with favorable, long-term supply-demand characteristics in select target markets, including Los Angeles, Orange County, San Diego, San Francisco and Seattle. The Company’s portfolio currently consists of approximately 6.2 million square feet, not including undeveloped land that the Company believes can support an additional 1.6 million square feet. The Company has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. Hudson Pacific Properties is a component of the Russell 2000® and the Russell 3000® indices. For additional information, please visit www.hudsonpacificproperties.com.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the Company’s control that may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect the Company’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause the Company’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012 filed with the Securities and Exchange Commission on March 14, 2013, and other risks described in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission.

Contacts

Investor Contact:
Hudson Pacific Properties, Inc.
Mark Lammas, 310-445-5700
Chief Financial Officer
or
Investor / Media Contact:
Addo Communications, Inc.
Lasse Glassen, 310-829-5400
lasseg@addocommunications.com

Contacts

Investor Contact:
Hudson Pacific Properties, Inc.
Mark Lammas, 310-445-5700
Chief Financial Officer
or
Investor / Media Contact:
Addo Communications, Inc.
Lasse Glassen, 310-829-5400
lasseg@addocommunications.com