The latest announcement is out from Paramount Group ( (PGRE) ).
On May 7, 2025, Paramount Group, Inc. announced the sale of a 25% interest in One Front Street, a Class A office building in San Francisco, valued at $255 million. The company will retain a 75% stake and continue managing the property. This transaction, which included $40.5 million in seller financing, resulted in net proceeds of $11.5 million for Paramount. The sale aligns with the company’s confidence in San Francisco’s market potential, bolstered by urban renewal initiatives, and aims to reposition the asset for future lease-up phases.
Spark’s Take on PGRE Stock
According to Spark, TipRanks’ AI Analyst, PGRE is a Neutral.
Paramount Group’s overall score reflects a mix of strengths and challenges. The company’s robust cash flow and strong leasing performance in New York are major positives. However, profitability issues and valuation concerns due to negative earnings, coupled with challenges in the San Francisco market, temper the overall outlook.
To see Spark’s full report on PGRE stock, click here.
More about Paramount Group
Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires, and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount focuses on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.
Average Trading Volume: 1,976,505
Technical Sentiment Signal: Sell
Current Market Cap: $2.24B
For a thorough assessment of PGRE stock, go to TipRanks’ Stock Analysis page.