ACQUISITIONS
Seeking to grow our premier grocery anchored shopping center
portfolio in the suburban New York Metro Area.
LOCATIONS: Commuter Markets
Surrounding Manhattan
PRICE: Minimum $5 Million
Grocery Anchored Shopping Centers
Drugstore Anchored Shopping Centers
Neighborhood & Community Shopping Centers
Single Properties or Portfolio Transactions
Select Street Retail
James Aries
Senior Vice President
Acquisitions
jaries@ubproperties.com
Vice President
Acquisitions
zfox@ubproperties.com
DOWNREITS
A tax deferred exit strategy especially suited for families and partnerships.
A UBP DownREIT is a tax deferred transaction that enables an owner with appreciated property to transfer an asset without triggering a capital gain. The DownREIT structure provides flexibility for an individual partner/owner to liquidate an interest in a property at the time(s) of his/her choosing, while permitting other partners/owners to retain a cash flowing interest in the property and/or liquidate at other times. A UBP DownREIT provides liquidity, flexibility and diversification. A UBP DownREIT is a wonderful estate planning mechanism and a very useful tool for addressing:
Partnership Disputes Paralyzing a Property and Preventing a Sale: a “win-win” solution for partners and family members.
Succession Planning & Tax Savings: a practical way to divide real estate amongst family members without triggering a capital gains tax.
recent acquisitions
80+ properties and growing.
TANGLEWOOD SHOPPING CENTER
Yonkers, New York
High ridge shopping center
Stamford, Connecticut *DOWNREIT*
Waldwick PlazA
Waldwick, New Jersey
WASHINGTON COMMONS
Dumont, NJ *DOWNREIT*
ALDI PLAZA
Derby, Connecticut
Newly constructed 39,000 SF shopping center on Pershing Drive in Derby, CT. Anchor tenants are ALDI, Panera Bread and Popeye’s.
Van Houten farms
Passaic, New Jersey
970 High Ridge Road
Stamford, Connecticut