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As one of the largest and most diversified privately held real estate companies in the United States, Lightstone is active in 24 states across the country, developing, managing and investing in all sectors of the real estate market, including residential, hospitality, commercial and retail. Headquartered in New York City, Lightstone also maintains a presence in key markets across the country, with regional offices in Chicago, Baltimore, Detroit, New Jersey, and Las Vegas. Our $2 billion portfolio currently includes over 9 million square feet of office, retail and industrial commercial properties, 11,000 residential units and 3,500 hotel keys. We also own over 12,000 land lots across the country. In addition to the firm`s existing portfolio, we are one of the most active developers and operators of outlets malls in the United States, having developed, owned, and/or managed over 25 outlet malls, totaling approximately 8 million square feet. Moreover, with a strong focus on the New York City market, we have approximately $2 billion worth of projects currently under development in the residential, hospitality and retail sectors.
Where others see empty space, we see the next big idea. We target overlooked and undervalued assets in emerging locations and transform them into high-demand strategic destinations to maximize value. Our track record of success proves our approach. Currently we own and manage a portfolio in excess of seven million square feet. Sterling Bay also provides fully-integrated in-house resources so we can quickly execute all facets of different real estate transactions, including legal, architectural, construction, and asset management departments. We have actively invested in opportunistic and value-added real estate through decades of changing economic climates, and we have consistently achieved strong returns. We are Sterling Bay – and this is just the beginning.
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