Paramount Group (NYSE:PGRE) (NYSE: PGRE) is a publicly traded real estate investment trust focused on the ownership, management and development of Class A office properties in key U.S. urban markets. The company’s portfolio comprises premier office buildings strategically located in gateway cities, where it seeks to deliver high-quality workspace solutions and drive long-term value through active asset management, redevelopment initiatives and sustainable operating practices.
Tracing its origins to 1978, Paramount Group converted to a real estate investment trust in 1997 and subsequently completed its initial public offering. Since that time, the company has grown both organically and through targeted acquisitions, enhancing its holdings with high-profile assets that cater to a diverse tenant base spanning financial services, technology, legal and professional sectors.
Headquartered in New York City, Paramount Group’s properties are concentrated in major metropolitan areas, including New York, San Francisco, Boston and Washington, D.C. The company offers an array of tenant-focused services—from leasing and property management to capital improvements and sustainability programs—aimed at fostering vibrant, amenity-rich office environments that meet evolving workplace needs.
Paramount Group is led by Thomas J. Nolan, who serves as President and Chief Executive Officer, supported by a seasoned executive team with deep expertise in real estate investment, development and operations. The company’s strategic focus remains on enhancing portfolio quality, optimizing occupancy and generating attractive, risk-adjusted returns for its stakeholders.
