Hudson Pacific Properties Inc., which in recent weeks has made some high-profile local acquisitions, said that it narrowed its second quarter net loss on stronger tenant revenue.

The Los Angeles real estate investment trust late Wednesday reported a net loss of $2.1 million (-7 cents per share) compared with a net loss of $2.6 million in the same period a year ago. No comparison per-share figure was available as the company went public less than a year ago.

Funds from operations, a REIT metric that adds depreciation and amortization expenses back into earnings to get a better picture of cash performance, were $8.4 million (26 cents). The results reflect $800,000 in tax savings stemming from property reassessments during the quarter.

Revenue jumped more than 200 percent to $33.4 million, boosted by increases in rental and tenant recovery revenue. But operating expenses also rose 211 percent to $29 million, primarily related to office properties acquired in connection with the company’s June 2010 initial public offering and during the second half of last year.

Hudson specializes in office, and media and entertainment properties in Southern California and the San Francisco Bay area. Its portfolio includes Hollywood’s Sunset Gower Studios and Sunset Bronson Studios. It recently acquired Silicon Valley search engine giant Google Inc.’s 45,000 square-foot Santa Monica offices at 604 Arizona Ave. for an estimated $22 million.

In addition, the REIT just acquired 6922 Hollywood Blvd., a 190,000-square-foot entertainment office building in one of the largest such transactions in Hollywood in several years. Media reports estimate the REIT paid $92 million for the building, which is across the street from Grauman’s Chinese Theatre.

Shares earlier closed down 91 cents, or 6.7 percent, to $12.68 on the New York Stock Exchange.