ome two decades after our founding, Paramount Realty remains committed to our core philosophy: combining local knowledge with broad and deep experience, and a dedication to maintaining strong personal relationships with our retailers, shoppers and investors. In doing so, we have created a retail portfolio of more than 10 million square feet throughout the Northeast with a seasoned team of 60 professionals bringing broad experience and talent to each center.
As a full-service real estate firm with leasing and property management at our heart, we’ve invested a significant portion of our resources in tenant retention, state-of-the-art marketing, and effective maintenance and property management programs. This has helped us adapt to a radically shifting retail landscape, working with new and nontraditional tenants, using social media to connect to our shoppers, and adjusting our acquisition and management criteria to maximize returns to our investors.
Because we have never lost the human touch, we understand that our centers are not just places for customers to shop; rather they are destinations for communities to gather throughout the year and create experiences. The result is loyal shoppers, happy tenants who tend to stay with us, expand with us, and refer other tenants to our properties, and projects that dominate our competition.
As an owner and manager of community and neighborhood retail centers in the Northeast, we understand that serving our time-pressed shoppers and communities now requires a very different set of tenants and expectations than just a few years ago. Our open-air projects now contain a variety of tenants and experiences: traditional, supermarket and off-price shopping, restaurants, entertainment, everyday services, fitness centers, and even medical facilities. More than just retail centers, our developments, re-developments and acquisitions now focus on mixed-use properties and on freestanding ground-lease developments that become part of shoppers’ everyday lives.
As tempting as it is to rely solely on instantaneous electronic communications, that’s no way to build long-term relationships. Paramount has spent decades developing partnerships with investors, retailers, brokers and communities by meeting face-to-face as well as providing honest and accurate information through multiple media.
Through our strategic approach to leasing, we are partners in our retailers’ success, helping many grow from mom-and-pops to local and regional chains. By becoming active members of the communities that are home to our centers, we build personal relationships with our consumers.
To us - integrity, innovation, and service are Paramount.