NEW DRUG FAIR PROTOTYPE STORE SIGNS LONG-TERM LEASE RENEWAL WITH THE LIGHTSTONE GROUP AT MILLBURN VILLAGE MALL

VAUXHALL, N.J. (October 10, 2007) – The Lightstone Group, one of the largest private real estate owners in the country, today announced a 20-year lease renewal with Drug Fair for 21,112 square feet at the Millburn Village Mall in Vauxhall, N.J.

Drug Fair (www.drugfair.com), a pharmaceutical and general merchandise retail chain with over 40 stores located throughout New Jersey, is using this site to unveil the chain’s new prototype following a $1 million renovation that includes a new pharmacy waiting area, a new home healthcare area that features wheel chairs and walkers, and a variety of other changes.

Millburn Village Mall, located on 2933 Vauxhall Road, recently celebrated its grand reopening following a $2 million exterior makeover, including new corner towers and a color-coordinated stucco finish, new canopies and lighting, newly paved parking lot, and $100,000 of landscaping.

“Drug’s Fair’s 20-year renewal with Millburn Village Mall is a testament that the revamped property is a thriving destination for business owners and customers in a changing retail landscape,” says Jeff Dash, vice president of leasing for The Lightstone Group. “The property’s exterior makeover, coupled with Drug Fair’s renewal and prototype unveiling, is truly a recipe for success.”

To learn about leasing opportunities at Millburn Village Mall or other Lightstone properties, please contact Jeff Dash at (908) 688-8300 or jdash@lightstonegroup.com.