The Lightstone Group Signs MetroPCS to 25th Street Shopping Center in Easton, Pa.

Dec 01, 2010, 16:56 ET from The Lightstone Group

EASTON, Pa., Dec. 1, 2010 /PRNewswire/ -- The Lightstone Group, one of the largest private real estate owners in the country, announced today that MetroPCS has signed a 1,080-square-foot lease at the 25th Street Shopping Center, located on Nazareth Road in Easton, Pa.

Dallas-based MetroPCS is a provider of unlimited wireless communications service for a flat-rate with no annual contract. MetroPCS is the fifth largest facilities-based wireless carrier in the United States based on number of subscribers served and has access to licenses covering a population of approximately 146 million people in many of the largest metropolitan areas in the United States.

"MetroPCS is one of the fastest-growing wireless communications companies in the country right now," said Jeffrey Dash, vice president of leasing for Lakewood, N.J.-based Lightstone Group. "To facilitate their rapid expansion, they needed a location in the heart of things, where they'd be sure to enjoy tremendous success. We're thrilled to welcome them to the 25th Street Shopping Center."

The 25th Street Shopping Center is a 131,000-square-foot retail strip corridor located at the intersection of Route 22 and Nazareth Road. The shopping center is home to such well-known national and regional retailers as CVS, Radio Shack, Petco, Retro Fitness, Jenny Craig, McDonald's, Pizza Hut and Sherwin-Williams.

For more information on leasing opportunities at the 25th Street Shopping Center or throughout The Lightstone Group portfolio of office, retail and industrial properties, contact Jeffrey Dash at (908) 668-8300 or 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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