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The company ends the fiscal year with ownership of 58 properties, mostly generated from deals with Merrill’s corporate clients. The portfolio includes properties occupied by department stores, supermarkets, gas stations, corporate headquarters and storage and distribution centers across the country, with the greatest concentration in the Southwest.

The company raises $100 million. It embarks on a new strategy investing in office building developments around the U.S.

In addition to his position as Chairman, Urstadt is also named President and Chief Executive Officer. Urstadt presents a new strategic plan for the company, which his fellow directors endorse. Five simple principals are adopted: 1. HRE would invest primarily in one property type (i.e., open air retail centers) and..Read More

The company purchases an office building at 321 Railroad Avenue in Greenwich, CT and relocates its 16 employees from NYC both to reduce costs and to be better able to focus on suburban centers. 77% of the company’s assets are now retail properties.

The shareholders approve changing the name of the company to Urstadt Biddle Properties Inc. A special dividend of Class A Common Stock (“UBA”) is distributed to recordholders of Common Stock (“UBP”).

HRE Properties is reorganized from a trust to a Maryland corporation. Biddle and Charles D. Urstadt, a real estate brokerage executive and son of Charles J. Urstadt, are elected to the Board of Directors.

The company purchases four notable properties: Westchester Pavilion, an enclosed 185,000 square foot center in White Plains, NY; Orange Meadows Shopping Center, a 78,000 square foot property in Orange, CT; Green Farms Plaza, a 38,000 square foot center in Westport, CT; and Somers Commons, a 135,000 square foot center in..Read More

The company purchases Staples Plaza, a 200,000 square foot center in Yorktown, NY.

Veterans Plaza, a 70,000 square foot center in New Milford, CT, is acquired, and a controlling interest in Ferry Plaza, a 101,000 square foot center in Newark, NJ, is acquired via a DownREIT transaction.

The company purchases interests in four significant properties: New Milford Plaza, a 231,000 square foot center in New Milford, CT; a 67% interest in Putnam Plaza, a 193,000 square foot center in Carmel, NY; an 11% interest in Midway Shopping Center, a 247,000 square foot property in Scarsdale, NY; and..Read More

A controlling interest in Orangetown Shopping Center, a 74,000 square foot property in Orangeburg, NY, is acquired via a DownREIT transaction, and a 50% interest in Chestnut Ridge Shopping Center, a 76,000 square foot center in Montvale, NJ, is also aquired.

The company celebrates 45 years of uninterrupted dividends and 21 years of increased dividends. In its core property portfolio, the company holds 74 properties totaling 5,125,000 square feet. By 2014, almost all non-core properties have been sold, and the portfolio transformation has been completed through the use of a number..Read More

The company completes the acquisition of two notable properties: Newfield Green Shopping Center, a 72,000 square foot center in Stamford, CT, and 970 High Ridge Road, a 27,000 square foot center also in Stamford, CT.

The company announces the retirement of Charles J. Urstadt as Chairman and the election of Charles D. Urstadt (formerly Vice Chairman) as Chairman. COMPANY ACQUIRES ADDITIONAL PROPERTY The company acquires Aldi Square, a 39,000 square foot center in Derby, CT; 470 Main Street, a 24,200 mixed use property in Ridgefield,..Read More

The company experiences an unprecedented event with the COVID-19 pandemic. Government restrictions on business operations and changes in the public’s shopping patterns driven by fear of the virus negatively impact the company’s approximately 900 commercial tenants, in response, the company to supports many of its struggling tenants with lease modifications...Read More

Having accumulated an irreplaceable portfolio of properties in one of the best retail markets in the country and with a great team to run them and acquire more, the company’s future is bright.