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Hudson Pacific, Macerich lease Los Angeles redevelopment to Google

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Hudson Pacific, Macerich lease Los Angeles redevelopment to Google

Hudson Pacific Properties Inc. and Macerich Co. leased the entire One Westside redevelopment project in West Los Angeles to Google LLC.

The tech company will occupy the planned 584,000-square-foot class A office space for about 14 years when the project opens in 2022.

The owners formed a joint venture in March 2018 to redevelop the Westside Pavilion shopping mall in Los Angeles into creative office space in a project that is projected to cost between $425 million and $475 million.

Hudson and Macerich own the property on a 75/25 basis.