The Lightstone Group Adds Fitness Center to Tenant Roster at Mountainville Shopping Plaza in Allentown, Pa.

ALLENTOWN, Pa., Jan. 11, 2012 /PRNewswire/ -- The Lightstone Group, one of the largest private real estate owners in the country, announced today that Maxx Fitness Clubzz has signed a 16,500-square-foot lease at Mountainville Shopping Plaza, a 118,000-square-foot retail plaza in Allentown, Pa.

Maxx Fitness Clubzz, which will occupy the space for 12-and-a-half years, plans to operate a full-service fitness center.

"Mountainville Shopping Plaza holds a prime location approximately one-and-a-half miles from the Allentown Central Business District," said David Lichtenstein, chairman of the Lightstone Group. "It also benefits from being situated along the Lehigh Valley's heavily trafficked South 4th Street corridor." 

Key tenants at Mountainville, which is situated among a strong residential population, are Family Dollar, National Auto, Eckerd Drugs, Price Rite Supermarket, Commonwealth of Pennsylvania Wine & Spirits and H&R Block.

Jeffrey Dash, vice president of leasing for The Lightstone Group, added that the recent lease extension with Price Rite Supermarket has reenergized the tenant base: "Having the supermarket remain as an anchor and complete renovations to the property has benefitted all of the tenants."

"At Mountainville, we were able to find the perfect amount of space and Lightstone officials worked with us to realize our vision," said Dan Johnson of Maxx Fitness Clubzz. "The location also has a sufficient amount of parking, which was a key requirement for us."

To learn more about leasing opportunities at Mountainville Shopping Plaza or throughout The Lightstone Group portfolio of office, retail and industrial properties, contact Jeffrey Dash at 908-668-8300 or [email protected].

About The Lightstone Group

Founded in 1988 by David Lichtenstein, The Lightstone Group has grown to become one of the largest privately held real estate companies in the United States.  Its diversified portfolio of industrial, office, retail and residential real estate assets includes 10 million square feet of commercial space and more than 8,000 multifamily units in 20 states and Puerto Rico. 

 The Lightstone Group manages its business through operating platforms, each focused on a specific real estate asset class.  Headquartered in New York, The Lightstone Group employs more than 500 professionals.  For more information, visit www.lightstonegroup.com.

SOURCE The Lightstone Group

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED