The Lightstone Group Signs Angali, Inc. To A Long-Term Lease Extension in Allentown, Pa.

ALLENTOWN, Pa., April 16 /PRNewswire/ -- The Lightstone Group announced today that Angali, Inc. has re-signed a four-year lease term at Mountainville Shopping Center in Allentown, Pa.

Angali, Inc. is a first-class newspaper store operating under the name, Mountainville Tobacco.  It features newspapers, magazines, tobacco and tobacco related accessories, and is one of the area's largest lottery centers.

"We're thrilled to have renewed Angali's contract," said Jeffrey Dash, vice president of leasing for the Lightstone Group. "They're a great tenant, and have enjoyed tremendous success in our Mountainville Shopping Center. We look forward to a continued relationship.  This extension further proves Lightstone's commitment to its centers, tenants and most importantly the communities our properties serve."

Mountainville Shopping Center is a 118,000-square-foot shopping center located in a central location of bustling Allentown, where local residents take advantage of the many services the shopping center offers. For years it has been a one-stop shop for locals to find most of what they need, and the businesses are staples in the local community. Key area tenants include Kmart, McDonald's, Price Rite, Retro Fitness and Eckerd Pharmacy.

For more information about leasing opportunities at Mountainville Shopping Center or throughout the Lightstone Group's portfolio of office, retail and industrial properties, contact Jeffrey Dash at (908) 668-8300 or [email protected].

About The Lightstone Group

Founded by David Lichtenstein in 1988, The Lightstone Group has grown to become one of the largest privately held real estate companies in the US.  Its diversified portfolio of industrial, office, retail and residential real estate assets includes 20 million square feet of commercial space and more than 10,000 multifamily units in 25 states, the District of Columbia 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 1,000 professionals.  For more information, visit www.lightstonegroup.com.

SOURCE The Lightstone Group

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