Paragon Realty Group

Paragon Realty Group LLC is a private real estate investment, development and management company founded by John A. Nelson, managing principal and Daniel P. Weinreb, principal.Affiliates of Paragon presently own and/or manage nearly 2,000,000 square feet of investment real estate, with a concentration in the retail sector and the balance in office and mixed-use properties. It is Paragon’s objective to selectively add to its portfolio by acquiring investment opportunities in the northeast, mid-Atlantic and southeast regions. Paragon’s acquisition philosophy is based on buying well positioned, generally well leased-up properties at a discount to replacement cost. Paragon adds value to these properties through intensive management and leasing. The portfolio’s low vacancy rate, redevelopment opportunities and history of tenant retention reflect the underlying strength of Paragon’s acquisitions as well as its management and leasing know-how. Paragon’s team has a comprehensive understanding of shopping center dynamics, long-standing experience within the shopping center industry (including active involvement in the International Council of Shopping Centers and other industry organizations) and has developed an extensive network of strong relationships with a large number of major national and regional tenants, brokers and owners.Paragon’s seasoned four-person team of key managers all have over 25 years of experience in commercial real estate, and have worked together for nearly 15 years.