Paramount Group Inc is a real estate investment trust that focuses on owning, operating, managing, acquiring, and redeveloping Class A office properties in selected central business district (“CBD”) submarkets in New York City and San Francisco. The company has two geographical segments- New York and San Francisco and primarily generates revenue from leasing offices to tenants. The majority of its total revenue comes from its New York City assets.
Paramount Group Inc is committed to providing superior tenant service and has been the landlord of choice for some of the world’s biggest names in the financial, legal, professional services, and media industries. Its senior management team is adeptly led by Chairman, CEO, and President Albert Behler who has a proven track record of success. Their strategy is based on focusing on the best markets, owning the best assets, providing superior tenant service, and hiring and retaining the best people. This approach has enabled Paramount Group Inc to create value for their tenants and investors over time.
The company is a vertically integrated enterprise with an in-house team of commercial real estate professionals across all areas of the business. This includes asset management, leasing, acquisitions, redevelopment, and financing. Paramount Group Inc believes in staying true to what they know and do best, which is their formula for sustained success.
The company also maintains a long-term perspective on its investments and takes a proactive approach to managing its properties in order to maximize value for its tenants and investors. The company continuously monitors its properties and upgrades or redevelops them when necessary to keep up with changing market trends. With consistent growth, Paramount Group Inc continues to strive for excellence in providing quality services to its tenants.