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The Lightstone Group Renews Lease and Goes Shopping

Wed. September 30, 2009; Posted: 04:36 PM
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LAKEWOOD, N.J., Sept 30, 2009 /PRNewswire via COMTEX/ -- WMK | Quote | Chart | News | PowerRating -- The Lightstone Group today announced that Weis Markets, Inc. has signed a 41,000-square-foot lease extension at Shillington Plaza in Reading, Pa.

Weis Markets, Inc., a large regional grocery chain, is one of the oldest and most profitable supermarket companies in the eastern United States. Headquartered in Sunbury, Pa., the company operates 154 stores in five states: Pennsylvania, Maryland, New Jersey, New York and West Virginia. Widely diversified, Weis owns and operates its own dairy, ice cream, and meat processing plants, its own fleet of trucks, and much of its own real estate.

The Shillington Plaza, a 150,000-square-foot outdoor shopping center, is located in the community of Shillington, a suburb of Reading, Pa. Located off of Parkside Road, Shillington Plaza is home to national tenants such as K-Mart, Dollar Tree, Wachovia and Curves.

"The key to success for any type of retail is having a great location and Shillington Plaza offers just that," stated Jeff Dash, vice president of retail leasing for The Lightstone Group. "The plaza will also be getting cosmetic touch-ups with the addition of landscaping lighting upgrades and signage."

To learn about leasing opportunities at Shillington Plaza or throughout The Lightstone Group portfolio of retail properties, contact Jeffrey Dash at (908) 668-8300 or jdash@lightstonegroup.com.

About The Lightstone Group

The Lightstone Group is one of the country's largest privately held real estate companies with interests in residential, office, retail, and industrial real estate assets. Principally through its operating entities including Prime Retail, a premier outlet retailer, Prime Group Realty Trust and Beacon Management. The company owns a diversified portfolio of more than 19,000 multifamily units, and 24 million square feet of office, industrial, and retail properties in 27 states, the District of Columbia, and Puerto Rico. Headquartered in New York, The Lightstone Group has approximately 1,150 employees and maintains regional offices in Maryland, South Carolina, Illinois and New Jersey. For more information, visit www.lightstonegroup.com.

SOURCE The Lightstone Group

http://www.lightstonegroup.com
For full details on Weis Markets Inc (WMK) click here. Weis Markets Inc (WMK) has Short Term PowerRatings of 6. Details on Weis Markets Inc (WMK) Short Term PowerRatings is available at This Link.

    


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