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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:
$9.11
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Change:
-0.01 (-0.11%)
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Trade Time:
04:10 PM EST
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Market Cap:
$2.01B
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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, San Francisco and
Washington, D.C. 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 90.2% of the Operating Partnership as of
December 31, 2019. As of December 31, 2019, our portfolio consisted of 14
Class A office properties aggregating approximately 13.1 million square feet
that was 96.1% leased and 94.6% occupied.
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