The Lightstone Group Signs Lease Extensions at 25th Street Shopping Center in Easton, Pa.

EASTON, Pa., May 24, 2011 /PRNewswire/ -- The Lightstone Group announced that a pair of renewals with national tenants were signed at 25th Street Shopping Center in Easton, Pa.

Electronics supplier Radio Shack extended their lease on 2,510 square feet for three years. Long John Silvers signed an eight-year extension. The fast-food chain occupies a 1,728 square-foot pad-site within the center.

"This is a corridor populated with many retail options including strip centers and power strips within a mile of this center," said David Lichtenstein, chairman of the Lightstone Group. "Adding nationally known, credit-worthy tenants such as Radio Shack and Long John Silvers to our roster gives us a competitive advantage."

The 131,000 square-foot center has key tenants such as CVS, Retro Fitness, McDonald's, Petco, Advance Auto and Sherwin-Williams. It is located at the major intersection of 25th Street (Route 248) and Route 22.

"Big name retailers know that a spot within 25th Street Shopping Center will bring in heavy traffic," added Jeffrey Dash, vice president of leasing for The Lightstone Group. "We expect these locations will prove to be big performers for them."

To learn more about leasing opportunities at the 25th Street Shopping Center 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

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