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The Lightstone Group Announces Wachovia Bank Lease Extension at Shillington Plaza Shopping Center in Reading, Pa.


News provided by

The Lightstone Group

Apr 19, 2010, 09:05 ET

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READING, Pa., April 19 /PRNewswire/ -- The Lightstone Group today announced that Wachovia Bank N.A. has renewed its current 2,535-square-foot lease at Shillington Plaza Shopping Center in Reading, Pa.

Located on Parkside Avenue adjacent to Governor Mifflin High School, Shillington Plaza Shopping Center is home to a variety of tenants including Kmart, Weis supermarket, Dollar Tree and Curves for Women.  

"Shillington Plaza has proven a successful location for Wachovia," said Jeffrey Dash, vice president of leasing for the Lightstone Group. "Located in a busy section of Reading, Wachovia has seen a remarkable amount of business, and we're delighted to continue our friendly relationship with them."

Wachovia, a Wells Fargo Company, is a diversified financial services company with $622 billion in assets, providing banking, insurance, investments, mortgage and consumer finance through almost 6,000 stores and the Internet (wellsfargo.com) across North America and internationally. Wells Fargo Bank N.A. has the highest possible credit rating, "Aaa," from Moody's Investors Service and the highest credit rating given to a U.S. bank, "AA+," from Standard & Poor's ratings services.

To learn more about leasing opportunities at Shillington Plaza Shopping Center or throughout the Lightstone Group's portfolio of office, retail and industrial properties, contact Jeffrey Dash at (908) 668-8300 or [email protected].

About The Lightstone Group

Founded by David Lichtenstein in 1988, The Lightstone Group has grown to become one of the largest privately held real estate companies in the US.  Its diversified portfolio of industrial, office, retail and residential real estate assets includes 20 million square feet of commercial space and more than 10,000 multifamily units in 25 states, the District of Columbia 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 1,000 professionals.  For more information, visit www.lightstonegroup.com.

SOURCE The Lightstone Group

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