Burger King Grand Opening

Fast-Food Chain Expands Regional Presence at Paramount Assets’ 182A Smith Street

Press Release 1/25/19 

PERTH AMBOY – Burger King recently celebrated the grand opening of a new restaurant at 182A Smith Street in Perth Amboy. Developer Paramount Assets owns the retail property; the firm’s leasing specialist, Helmer Zapata, arranged the long-term lease. Representatives of Paramount Assets and Burger King joined local dignitaries at an official ribbon cutting ceremony on January 3.

Perth Amboy Mayor Wilda Diaz (6th from left) participated with members of the community, the restaurant’s franchisee and Burger King leadership.

“Burger King is an iconic brand and one of the most successful fast-food franchises in the market today,” said Samir Guzman, Paramount Assets’ executive director of leasing and marketing. “Drawing this chain to the city’s bustling downtown business district is a boon to Perth Amboy’s ongoing redevelopment efforts. This location – in proximity to major highways and public transportation – is simply a great place to do business, and we are excited to welcome Burger King and provide residents with another fast and affordable food option.”

Paramount Assets is a family-owned, regional, full-service real estate investment firm specializing in urban property ownership, management and development. The company’s rapidly expanding portfolio currently includes 2.8 million square feet of commercial, multifamily and mixed-use holdings across 25 New Jersey municipalities – including a notably growing foothold in the City of Newark. The company maintains a holistic, vertically integrated approach to real estate development, with in-house acquisition, leasing, legal, accounting, property management and construction teams.