LAKEWOOD, NJ, MAY 10, 2006 - The Lightstone Group, one of the largest private owners of quality retail space in Pennsylvania, and across the country, announced it has closed more than 12,000 square feet of lease renewals at its 25th Street Plaza, located in Easton, Pennsylvania. Advance Auto Supply, an auto supply store, will continue to utilize its 9,000-square-foot space for merchandise sales, and Jenny Craig will continue to use its 3,400-square-foot space to conduct classes and distribute weight loss products. The 131,000-square-foot shopping center is currently 95 percent occupied.
“We are pleased to renew leases with Advance Auto Supply and Jenny Craig leases,” said Jeffrey Dash, director of leasing for The Lightstone Group. “We continue to experience strong demand for what limited space we have left at our 25th Street Plaza neighborhood shopping center, and are delighted with the compelling tenant mix we currently offer guests. What sets a Lightstone Group retail center apart from others, is our quality accommodations, excellent locations and most importantly, our dedicated leasing and property management teams who work tirelessly to exceed our tenants’ expectations time and again.”
Headquartered in Roanoke, Va., Advance Auto Parts is the second-largest retailer of automotive parts, batteries, accessories and maintenance items in the United States based on sales and store count. As of December 31, 2005, the company had 2,872 stores in 40 states, Puerto Rico and the Virgin Islands. The company serves both the do-it-yourself and professional installer markets. Additional information about the company can be found at AdvanceAutoParts.com.
Jenny Craig is committed to a personalized approach to weight loss by offering clients a one-on-one weekly consultation and a customized weight management plan designed to optimize individual success. Jenny Craig, Inc., based in Carlsbad, CA, is one of the world’s largest weight management companies, with approximately 650 Centers in the United States, Canada, Australia, New Zealand, and Puerto Rico.
25th Street Plaza is a 131,000-square-foot neighborhood shopping center located in Easton, Pennsylvania. Current tenants include Cottage Crafters and Antique Mall, CVS, Eastern Tax Service, Easton Video, H&R Block, McDonald’s, NY Bagel & Deli, NY Nails, Petco, Radio Shack, Silver Thorne Furniture and Sherwin-Williams.
