Paramount Group (NYSE:PGRE) is a publicly traded real estate investment trust (REIT) specializing in the ownership, management and acquisition of Class A office properties across key urban markets in the United States. Focused on delivering stable, long-term income and value appreciation, the company’s portfolio comprises high-quality buildings in metropolitan hubs where demand for premium office space remains resilient.
Founded in 1997 as a spin-off from Paramount Communications, Paramount Group has built a reputation for strategic asset selection and hands-on property management. Over its history, the company has honed its approach by targeting trophy and core office buildings that offer strong tenant appeal, efficient floor plates and significant amenities. This disciplined strategy has helped Paramount Group navigate market cycles and maintain high occupancy levels among corporate, financial, legal and technology tenants.
Today, Paramount Group’s holdings are concentrated in central business districts, with a significant presence in Manhattan’s Midtown and Downtown neighborhoods, as well as select properties in the Washington, D.C. area and the San Francisco Bay region. Flagship assets include 1633 Broadway and 1301 Avenue of the Americas in New York City, each known for their premier locations and Class A specifications. The company provides comprehensive property services, including leasing, tenant relations, facility maintenance and sustainability initiatives designed to enhance building performance and tenant satisfaction.
Under the leadership of President and Chief Executive Officer David A. Falk and a seasoned executive team, Paramount Group pursues a long-term growth strategy centered on disciplined capital allocation, active asset management and a commitment to environmental, social and governance principles. By leveraging its deep market expertise and institutional platform, the company aims to generate reliable cash flows, deliver value to shareholders and support the evolving needs of its diverse tenant base.