Oct. 1, 2009 (PR Newswire) --
LAKEWOOD, N.J., Oct. 1 /PRNewswire/ -- The Lightstone Group today announced that Kongsberg Maritime, Inc. has signed a deal to expand its operations to 27,636 square feet at 150 James Drive East in St. Rose, La.
Kongsberg Maritime, Inc. provides reliable systems for merchant marine, offshore, maritime simulations and training, port and harbor surveillance. Kongsberg uses this space as their North American Regional Support Center assisting customers throughout its region, as well as other regional offices.
150 James Drive East is located in James Business Park between the New Orleans International Airport and Interstate 310 on Airline Highway. This industrial and warehouse location is also home to Kongsberg Simrad and Fresenius Medical Care.
"Kongsberg Maritime is a great addition to the mix of businesses and services that occupy facilities in James Business Park," said Eric Marx, senior vice president of asset management for The Lightstone Group. "The park's ideal location makes it a desirable home-base for modern day business models where access to the airport and interstates is critical for key employee mobility."
To learn about leasing opportunities at 150 James Drive East, contact Jennifer A. Lee, director of marketing and leasing for Sealy & Company at (504) 463-5600, ext. 11 or JenniferL@sealynet.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, hospitality and industrial real estate assets. Principally through its operating entities including Prime Retail, a premier outlet retailer, Prime Group Realty Trust, Extended Stay Hotels, and Cedar Bridge Residential, the company owns a diversified portfolio of more than 19,000 multifamily units, 680 hotels and 24 million square feet of office, industrial, hotel and retail properties in 46 states, the District of Columbia, Canada and Puerto Rico. Headquartered in New York, The Lightstone Group has approximately 14,000 employees and maintains regional offices in Maryland, South Carolina, Illinois and New Jersey. For more information, visit www.lightstonegroup.com.
SOURCE The Lightstone Group
