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Organization (Tables)
6 Months Ended
Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Portfolio of properties
The Company’s portfolio consists of properties located throughout Northern and Southern California and the Pacific Northwest. The following table summarizes our portfolio as of June 30, 2017:
 
Number of Properties
 
Square Feet (unaudited)
Office properties:
 
 
 
Northern California(1)
29

 
9,595,286

Southern California(2)
16

 
2,817,509

Pacific Northwest(3)
7

 
1,490,613

Total Office properties
52

 
13,903,408

Media & Entertainment properties:
 
 
 
Southern California(2)
3

 
1,256,577

Total Media & Entertainment properties
3

 
1,256,577

Total
55

 
15,159,985


_________________
(1)
Includes the San Francisco, Redwood Shores, Palo Alto, Milpitas, North San Jose, San Mateo, Foster City and Santa Clara submarkets.
(2)
Includes the Burbank, Hollywood, Torrance, West Los Angeles and Downtown Los Angeles submarkets.
(3)
Includes the Lynnwood, South Lake Union and Pioneer Square submarkets.
The following table summarizes the properties sold during the six months ended June 30, 2017. These properties were non-strategic assets to the Company’s portfolio:
Property
 
Date of Disposition
 
Square Feet (unaudited)
 
Sales Price(1) (in millions)
222 Kearny Street
 
February 14, 2017
 
148,797

 
$
51.8

3402 Pico Boulevard
 
March 21, 2017
 
50,687

 
35.0

Total dispositions
 
 
 
199,484

 
$
86.8

_________________ 
(1)
Represents gross sales price before certain credits, prorations and closing costs.