Hudson Pacific buys 60% share of Pinnacle office complex in Burbank
Hudson Pacific Properties Inc. bought a 60% share of the $342-million Pinnacle office complex in Burbank from M. David Paul & Associates/Worthe Real Estate Group, bringing together two of Southern California's biggest entertainment industry landlords as co-owners.
Pinnacle Bank /quotes/zigman/448554 PBNK -10.36% , headquartered in Gilroy, California, announced today its fifth consecutive profitable quarter.