UBP

We are currently acquiring retail properties in the New York metropolitan area, primarily in Westchester, Putnam, Bergen and Fairfield Counties.

We are seeking neighborhood and community shopping centers with the following attributes:

  • Minimum Size: 50,000 square feet. We will consider smaller properties in close proximity to our headquarters.
  • Minimum Price: $4 million.
  • Location: Connecticut, New York, and New Jersey within 1 1/2 hours drive of Greenwich, CT.  We prefer: Fairfield County, CT;
    Westchester and Putnam Counties, NY; Bergen County, NJ.
  • Tenant Mix: Grocery anchor strongly preferred. We are not looking for outlet or specialty centers.
  • Upside: Below market rents, expansion potential, opportunity to reposition. Fully stabilized properties must have adequate lease escalations.
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Download our Acqusitions Criteria (pdf)

We are a responsive and flexible buyer, with the ability to close quickly and pay all cash for properties. Our REIT status enables us to structure tax-advantaged transactions. Please click on the sidebar: "REIT Partnership Tax Advantage" for a description of the tax advantage of a REIT Partnership which UBP is able to form with owners of property to effectuate the owner’s goals of obtaining the benefit of a sale while being able to defer the tax.

We value our relationships with owners, lenders, and brokers alike. We welcome the opportunity to do business with you. You have our assurance that all submissions will be kept strictly confidential.

Please Contact:
James Aries
Senior V.P. & Director of Acquisitions
Urstadt Biddle Properties Inc.
321 Railroad Avenue
Greenwich, CT 06830
Ph.: (203) 863-8224
Fax: (203) 861-6755
Email: jaries@ubproperties.com
Zach Fox
Vice President Acquisitions
Urstadt Biddle Properties Inc.
321 Railroad Avenue
Greenwich, CT 06830
Ph.: (203) 863-8211
Fax: (203) 861-6755
Email: zfox@ubproperties.com