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Do you know the way to... Hollywood? Source: Author's Image
Boston Properties (BXP) and Hudson Pacific Properties (HPP) are two of the nation’s largest office REITs with concentrations in major cities, particularly the San Francisco Bay Area and Southern California, especially Los Angeles. Even though we don’t cover office REITs due, in part, to their high capital expenditures, we think it’s equally interesting and important to consider how they might fare in the forthcoming post-quarantine environment.
Because we do not have a history of covering these REITs, we’ll focus our discussion