The Lightstone Group Enhances Communication in the Industrial Market

LAKEWOOD, N.J., Oct. 8 /PRNewswire/ -- The Lightstone Group today announced
that it has signed R Install Co. to a three-year lease at 7402 Reindeer Trail
in San Antonio, Texas.

A marketer and distributor of telephone equipment, R Install Co. is leasing
5,000 square feet at the 251,125-square-foot Reindeer Trail Industrial Park,
which is also home to San Antonio Express News, VIP Aircraft Interiors, Plant
Interscapes, and Texas Medical Supply.

"This new lease agreement is a great example of Lightstone's ability to meet
the immediate needs of its customers," said Jennifer A. Lee, director of
marketing and leasing for Sealy & Co. "Many companies are implementing
strategies to optimize their distribution networks and require warehousing
solutions that are flexible, cost-effective and available. Our reputation for
offering best-in-class product and excellent property management services
continues to attract customers across the region, and we are incredibly
pleased to have leased space to R Install Co."

To learn about leasing opportunities at 7402-7648 Reindeer Trail Industrial
Park or other industrial properties, contact Jennifer A. Lee, director of
marketing and leasing for Sealy & Co.; and Lightstone's leasing representative
at (504) 463-5600, ext. 11 or JenniferL@sealynet.com.

To learn about leasing opportunities throughout The Lightstone Group's
portfolio of office and retail properties, contact Jeff Dash at (908) 668-8300
or jdash@lightstonegroup.com.

About The Lightstone Group

The Lightstone Group is one of the country's largest privately held real
estate companies with interests in residential, office, retail, and industrial
real estate assets. Principally through its operating entities including Prime
Retail, a premier outlet retailer, 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, 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, South Carolina, Illinois
and New Jersey. For more information, visit www.lightstonegroup.com.

SOURCE The Lightstone Group

Leslie LeCount, +1-908-446-9670, llecount@beckermanpr.com