Founded in 1978, Paramount Group is a publicly traded real estate investment trust (NYSE: PGRE) headquartered in New York City. The company specializes in owning, operating, and managing Class A office properties in premier urban markets, with a strategic focus on New York and San Francisco. Over the decades, Paramount has built a reputation for maintaining trophy assets in high-barrier-to-entry submarkets, leveraging its vertically integrated platform to deliver consistent leasing performance and tenant retention. Paramount’s investment strategy centers on acquiring and repositioning under-leased or undervalued assets in core markets, recycling capital from stabilized properties to unlock long-term value. The company’s operations are heavily concentrated in New York, which accounts for 77% of gross asset value, followed by San Francisco at 23%. This geographic allocation reflects a deliberate strategy to prioritize markets with resilient demand drivers, such as legal, financial, and media sectors. Top markets include Midtown Manhattan, where flagship properties like 1633 Broadway and 1301 Avenue of the Americas anchor the portfolio. San Francisco assets include One Market Plaza and One Front Street. Tenant concentration is diversified, with legal services (25%), financial services (33.8%), and tech/media (16.7%) comprising the bulk of occupancy.