The Lightstone Group Announces Renewal and Expansion at Cloud Springs Plaza in Fort Oglethorpe, Ga.

FORT OGLETHORPE, Ga., Oct. 11, 2011 /PRNewswire/ -- The Lightstone Group, one of the largest private real estate owners in the country, announced today that a new lease transaction, totaling approximately 5,250 square feet, was recently signed at Cloud Springs Plaza in Fort Oglethorpe, Ga.

Tobacco For Less signed a six-year lease amendment for 2,400 square feet of space. The retailer is also expanding into 2,850 square feet of additional space to offer customers a wider variety of tobacco and liquor products.

"Local shoppers have made Tobacco For Less a popular destination at Cloud Springs Plaza," stated David Lichtenstein, chairman of the Lakewood, N.J.-based Lightstone Group. "We're pleased that the tenant has experienced much success at this location, leading them to renew and expand on their lease."

Located at 1503 Lafayette Road, the property is on the southwest corner of Route 27, just across the state line from Chattanooga, Tenn. The tenant roster includes Big Lots, Food Lion and Autozone and W.S. Badcock Corp.

"This shopping center has a diverse mix of stores that attract a wide range of customers," stated Jeffrey Dash, vice president of leasing for The Lightstone Group. "It is also convenient to major local roads."

To learn about leasing opportunities at Cloud Springs Plaza or other retail centers owned by the Lightstone Group, please contact Jeffrey Dash at [email protected] or by calling (908) 688-8300.

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

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