Paramount Realty Services is a privately held commercial real estate owner-developer founded in 1995 and led by principals Maurice and Lee Zekaria. The firm operates a vertically integrated platform encompassing more than 150 properties totaling 18 million square feet across 10 states in the Northeast and Mid-Atlantic region. Paramount focuses on shopping centers, single-tenant retail, mixed-use developments, and medical office campuses. The company handles all operations in-house through a team of over 60 professionals covering leasing, property management, finance, construction management, and legal services. The firm's investment approach centers on value-add acquisitions paired with redevelopment and repositioning, particularly targeting regional malls and grocery-anchored power centers. In August 2023, a joint venture between Paramount and Edgewood Properties acquired Brunswick Square Mall in East Brunswick, New Jersey, a 755,000-square-foot regional mall. In July 2024, the same partnership purchased Neshaminy Mall in Bensalem, Pennsylvania—a 1,050,000-square-foot super regional mall on 108.5 acres. In September 2024, Paramount acquired Hamilton Marketplace in Hamilton, New Jersey, for $116.5 million, representing New Jersey's largest single-asset shopping center transaction since 2017. The 485,000-square-foot property is anchored by ShopRite and 99% occupied by tenants including Kohl's, Ross, Barnes & Noble, Burlington, and PetSmart. Portfolio concentration is heavily weighted to Pennsylvania and New Jersey, with additional holdings in Maryland, Connecticut, Massachusetts, New York, South Carolina, and Georgia. Maurice Zekaria has served as President and CEO since 1995 and is a graduate of NYU Stern School of Business. The company is not publicly traded.