The Lightstone Group Announces 18,000-Square-Foot Lease with Guitar Center at Oakview Plaza North in Omaha, Neb.

Mar 02, 2011, 13:26 ET from The Lightstone Group

OMAHA, Neb., March 2, 2011 /PRNewswire/ -- The Lightstone Group, one of the largest private real estate owners in the country, announced today that Guitar Center has signed a 10-year, 18,000-square-foot lease at Oakview Plaza located at 3205 Oakview Drive in Omaha, Neb.

Guitar Center is the largest chain of musical instrument retailers in the world with 214 locations throughout the United States. Its headquarters is in Westlake Village, Calif. and its sister companies/subsidiaries incorporate Music & Arts Center, Musician's Friend, GuitarCenter.com, LMI, Giardinelli, Musician.com, Private Reserve Guitars, Woodwind and Brasswind and Harmony Central.

"Guitar Center has strong name recognition throughout the country, and being in prime locations such as Oakview Plaza, will help solidify the company as one of the country's largest musical instrument retailer," said Jeffrey Dash, vice president of leasing for Lakewood, N.J.-based Lightstone Group. "We are excited to have Guitar Center in our shopping center to offer area residents a great musical supply retailer."

Built in 1999, Oakview Plaza is a power center that serves Omaha's westward expansion, and comprises of three single-story retail buildings located on approximately 19.6 acres of land and containing approximately 177,303 rentable square feet. It is located off of three major arterials, which allow easy access from any part of the metropolitan area. U.S. Highway 92 and West Center Road provide quick access east and west.

Oakview Plaza is home to such tenants as Famous Footwear, Men's Warehouse, PetSmart, Panera, Dick's Sporting Goods and Babies "R' Us.

To learn more about leasing opportunities at Oakview Plaza or throughout the Lightstone Group's portfolio of office, retail and industrial properties, contact Jeff Dash at jdash@lightstonegroup.com.

About The Lightstone Group

Founded in 1988, 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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