Urstadt Biddle Properties
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Urstadt Biddle Properties is a reit founded in 1969, and concentrates on community shopping centers in the Northeastern United States. It trades on the New York Stock Exchange under the symbols UBA and UBP. It's based on Greenwich Connecticut, and is one of the oldest real estate investment trusts publicly traded.
Urstadt Biddle has 43 properties with over 3.8 million square feet of leasable space. They like to concentrate on the affluent suburban areas of New York City -- Fairfield County, Connecticut and Westchester and Putnam Counties, New York. They have paid dividends every quarter since its founding in 1969. Its name was changed in 1998. It also has a dividend investment plan or DRIP for investors.
Urstadt Biddle Properties Portfolio Includes:
Airport Plaza, Danbury Square, Goodwives Shopping Center, 321 Railroad Avenue, 323 Railroad Avenue, 530 Old Post Road, 25 Valley Road, 7 Riversville Road, Townline Square, Orange Meadows Shopping Center, Ridgefield Center, Main Street, Ridgeway Shopping Center, The Dock Shopping Center, Greens Farm Plaza, Five Town Plaza, Newington Park, Emerson Shopping Plaza, 411 Old Hook Road, Valley Ridge Shopping Center, 600 Valley Road, Chilmark Shopping Center, Arcadian Shopping Center, Carmel Shop Rite Center, Queens Portfolio, Gristede's Shopping Center, 27-29 Purchase St Rye New York, 48-54 Purchase St Rye New York, Biltmore Shopping Center, The Shoppes @ Eastchester, Heritage 202 Center, Town Centre at Somers, Somers Commons, Staples Plaza, and The Westchester Pavilion.
Therefore, Urstadt Biddle Properties, Inc. is a real estate investment trust investment dependent on the economic activity of the Northeast United States.
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