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Company:
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PARAMOUNT GROUP, INC. (PGRE)
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Form Type:
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4
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Filing Date:
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1/13/2021
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CIK:
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0001605607
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Address:
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1633 Broadway
Suite 1801
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City, State, Zip:
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New York, New York 10019
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Telephone:
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(212) 237-3100
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Fiscal Year:
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12/31
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Last Trade
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Last Trade:
$10.35
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Change:
-0.09 (-0.86%)
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Trade Time:
02:28 PM EST
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Market Cap:
$2.27B
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Description of Business
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Paramount Group, Inc. is a fully-integrated REIT focused on owning, operating,
managing, acquiring and redeveloping high-quality, Class A office properties in
select central business district submarkets of New York City and San Francisco.
All references to "we," "us," "our," the "Company" and "Paramount" refer to
Paramount Group, Inc., a Maryland corporation, and its consolidated
subsidiaries, including Paramount Group Operating Partnership LP (the "Operating
Partnership"), a Delaware limited partnership. We conduct our business through,
and substantially all our interests in properties and investments are held by,
the Operating Partnership. We are the sole general partner of, and owned
approximately 91.3% of the Operating Partnership as of December 31, 2020. As of
December 31, 2020, our portfolio consisted of 13 Class A office properties
aggregating approximately 12.9 million square feet that was 95.4% leased and
95.1% occupied.
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