Paramount Assets has launched a new program aimed at spurring the growth of franchise businesses within its commercial portfolio.
As developers continue to invest in downtown Newark, the city is attracting both new residents and businesses. That makes it all the more important to create amenities and spaces that will bring permanent foot traffic during the day and at night, which has become a growing focus for both public- and private-sector leaders in the state’s largest city.
Paramount Assets has added to its Newark holdings with the acquisition of a historic, 100,000-square-foot office tower across from Prudential Financial’s world headquarters.
Paramount Assets recently joined the operator of a new Burger King in Perth Amboy to mark the business’ opening.
Paramount Assets has completed its transformation of a historic commercial building in downtown Newark, delivering 37 new luxury apartments and street-level retail space.
A frozen custard chain has opened its doors in downtown Somerville, under an 800-square-foot lease with property owner Paramount Assets.
Convenience store chain 7-Eleven has found another location in downtown Newark, where it will occupy a recently renovated building near the Prudential Center.