The Lightstone Group Signs Newbridge Farmers Market to Amendment in Bergenfield, N.J.

March 24, 2010

BERGENFIELD, N.J., March 24 /PRNewswire/ — The Lightstone Group today announced that Newbridge Farmers Market has signed a long-term lease extension at Newbridge Shopping Plaza in Bergenfield, N.J. The market currently occupies 9,200 square feet of space and the expansion brings their total leased area to 10,000 square feet.

Newbridge Farmers Market specializes in the sale of fresh produce that is local and imported, as well as flowers and fresh bread. The operating group controls interests in five other local markets similar to Newbridge Farmers Market and possesses more than 50 years of combined experience in merchandising such stores.

Newbridge Shopping Plaza is located on New Bridge Road, two and one-half miles north of Route 4, a major North Jersey highway, and close to many other major county roads. The property is situated in Bergen County and services surrounding communities such as Englewood, Hackensack, Dumont and Teaneck.

“We’re delighted that Newbridge Farmers Market continues to operate in Bergenfield,” said Jeffrey Dash, vice president of leasing for the Lightstone Group. “Newbridge Shopping Center is located in a prime location of busy Bergen County, which has helped them to sustain their business and enjoy tremendous success over the past four years.”

“The manager, Mr. Chung, has years of experience in the business and his presence at the store – seven days a week – displays the market’s commitment to the surrounding communities,” added Dash. “Additionally, Mr. Chung has expressed interest in expanding his product base to include a hot and cold buffet of vegetables, fruit and salad items.”

To learn more about leasing opportunities at Newbridge Shopping Center or throughout the Lightstone Group’s portfolio of office, retail and industrial properties, contact Jeffrey Dash at (908) 668-8300 or jdash@lightstonegroup.com.

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

Source: newswire

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