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ALLENTOWN, PA (February 13, 2009) – The Lightstone Group, one of the largest private real estate owners in the country, today announced that it has signed Rent-A-Center, Inc. to a five-year lease extension at the 118,000-square-foot Mountainville Shopping Center in Allentown, Pa.

Rent-A-Center offers high-quality, name-brand durable goods such as home electronics, appliances, computers and furniture and accessories to consumers under flexible rental purchase agreements that generally allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period. Rent-A-Center owns and operates more than 3,000 stores in all 50 states, Washington, D.C., Canada, and Puerto Rico.

“In this current market, Rent-A-Center provides a perfect option for consumers to furnish their home or replace existing home items,” said Jeff Dash, vice president of leasing for The Lightstone Group. “The Mountainville Shopping Center is located on South Fourth Street in a high-traffic area that is easily accessible for consumers, making it an ideal location for tenants such as Eckerd Drugs, Price Rite Supermarket, Retro Fitness, Family Dollar, and others.”

To learn about leasing opportunities at Mountainville Shopping Center or throughout The Lightstone Group portfolio of office, retail and industrial properties, contact Jeff Dash at (908) 668-8300 or

The Lightstone Group is one of the country's largest privately held real estate companies with interests in residential, office, retail, hospitality and industrial real estate assets. Principally through its operating entities including Prime Retail, Prime Group Realty Trust and Beacon Management, the company owns a diversified portfolio of more than 19,000 multifamily units and 24 million square feet of office, industrial, hotel and retail properties in 27 states, the District of Columbia, and Puerto Rico. Headquartered in New York, The Lightstone Group has approximately 1,150 employees and maintains regional offices in Maryland, Illinois and New Jersey. For more information, visit

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