HPP’s strategy targets high barrier-to-entry, in-fill locations with favorable long-term supply-demand characteristics in select West Coast markets, including Los Angeles, San Francisco and Seattle. HPP invests across the risk-return spectrum, favoring opportunities where it can employ aggressive leasing, strategic capital investment, active management and cost control programs to create additional value. As a long-term owner, HPP prioritizes tenant satisfaction and retention, and proactively works to meet tenants’ unique needs starting with initial delivery of space and over the lease term. If market fundamentals support new development, HPP leverages its deep in-house expertise in design, entitlements, construction and lease up to deliver exceptional, forward-thinking, new office product.