Paramount Spends Nearly $900MM on Two San Francisco Assets in As Many Months

NEW YORK--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today announced that it has completed the acquisition of a 44% joint venture interest in 55 Second Street in San Francisco. The property was valued at approximately $402.0 million, or $1,039 per square foot. In connection with the acquisition, the existing $137.5 million mortgage loan will […]