What We Do

Development & Acquisitions

Paramount has the mix of foresight, top industry professionals, and strategies to create the best in class, new construction developments in the right locations. From site selection to permitting, leasing to financing, Paramount continues to develop first-class retail and mixed-use projects that will serve its surrounding communities for decades to come. 

Building our portfolio has always required a balance of patience and conservatism. Our team negotiates fairly, accurately, flexibly, and quickly, with an eye on long-term stability and success. Paramount Realty’s long-term perspective, backed by sensible financing and creative acquisition structures, has allowed us to assemble a growing group of high-performing retail shopping centers in the Northeast.

Leasing

Ultimately, leasing is at the heart of every retail project, and at Paramount, it’s a true team effort. As the retail environment continues to evolve, we’ve dedicated more professionals and resources to finding the new, unique, and right tenants for each project. We are heavily focused on maintaining strong relationships with outside brokers - meeting and presenting our leasing availabilities often. We maintain elaborate databases of nontraditional users including services, fitness centers, mom and pops, medical offices, entertainment facilities, and restaurants that create Internet-proof destinations that shoppers embrace as their own. By dealing with our tenants fairly and with integrity, we have forged long lasting partnerships with our retailers. Our innovative lease structures allow entrepreneurs to grow and potentially create the retail giants of tomorrow. As our portfolio has expanded, so has our reach and the opportunity to create genuinely unique projects that will be the model for the industry going forward.

Leasing

Property Management

From a Property Management perspective, we know the importance of being hands-on and as a result we have expanded our on-site management services and in-house team to provide best-in-class service to our tenants and shoppers. The goal of our Property Management team is to preserve and ensure a quality and exceptional environment for our tenants while working hard to meet their ongoing needs and concerns.

We continually invest in state-of-the-art management platforms such as online rent payment and repair notification software, and paperless utility bills, to maximize efficiency and minimize charges to our tenants. Using these and other technologies, we strive to maximize our tenants’ returns and our projects’ value while creating attractive properties that shoppers enjoy.

Construction

As developers, we understand the risks and rewards of retail development, and the importance of construction management. We enjoy the benefit of years of experience with our industry best construction managers. Our strengths include site selection, land acquisition, zoning, plan review, cost estimating, bidding, and construction supervision. From multimillion-dollar turnkey new developments to inline small shop build-outs, Paramount’s construction management group is highly focused on completing projects on time and on budget.

Construction