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David Lichtenstein of Lightstone Group Announces Lease at Pennsylvania Shopping Center - Antique Shop Finds New Home at 25th St. Shopping Center in Palmer Township

LAKEWOOD, N.J. (Dec. 4, 2009) – David Lichtenstein of the Lightstone Group has announced that Cottage Crafters East Inc., has signed an 11,766-square-foot, long-term lease at its 25th Street Shopping Center located at 2429 Nazareth Road in Palmer Township, Pa.

Cottage Crafters East Inc. is an established antique and craft shop displaying the wares of more than 100 antique and craft dealers. They feature a wide selection of antiques, handcrafts, collectibles and gifts.

The 25th Street Shopping Center is a 131,570-square-foot retail strip corridor located at the intersection of Route 22 and Nazareth Road. The shopping center is also home to McDonald’s, CVS, Radio Shack, Petco, Retro Fitness and Sherwin-Williams.

“The 25th Street Shopping Center is one of the best locations for an antique shop such as Cottage Crafters due to its proximity to local highways and surrounding towns,” said David Lichtenstein, CEO and founder of The Lightstone Group. “Adding Cottage Crafters to the shopping center will bring more traffic to this already popular retail center.”

Cottage Crafters is a well-known business in the Palmer Township market founded by Guy and Barbara Maake. Kim Ritter, a vendor at Cottage Crafters, and now president of Cottage Crafters East Inc., decided to take her love of crafts and antiquing to the next level.

To learn about 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

The Lightstone Group is a privately held real estate company with interests in residential, office, retail, and industrial real estate assets throughout the United States. For more information, visit www.lightstonegroup.com.

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