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BRIEF-Hudson Pacific Properties says entered into agreement with affiliates of Blackstone to sell 100% interest in Hudson MC Partners
September 25, 2017 / 1:27 PM / in 3 months

BRIEF-Hudson Pacific Properties says entered into agreement with affiliates of Blackstone to sell 100% interest in Hudson MC Partners

Sept 25 (Reuters) - Hudson Pacific Properties Inc:

* Hudson Pacific Properties - On Sept 14, co entered into agreement with affiliates of Blackstone to sell 100% interest in Hudson MC Partners at price of $350 million

* Hudson Pacific Properties - Blackstone agreed to assume current outstanding loan obligations of $129.0 million for Pinnacle I and $87 million for Pinnacle II‍​

* Hudson Pacific - expects to receive proceeds of about $87.1 million from disposition of indirect 65 percent interests in Pinnacle I, Pinnacle II - SEC filing Source text for Eikon: Further company coverage:

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