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Submission Requirements for Acquisitions
REIT Partnership Tax Advantage
UBP ACQUISITION CRITERIA
  • We are currently acquiring retail properties in the New York metropolitan area, primarily in Westchester 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 Greenwich, CT headquarters.
Minimum Price: $4 million
Location: Connecticut, New York, and New Jersey within 1 1/2 hours drive of Greenwich, CT. Prefer Fairfield County, CT and Westchester and Putnam Counties, NY
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.

 

We are a responsive and flexible buyer, with the ability to close quickly and pay all cash. 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 owners goals of obtaining the benifit 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

Joanna Rotonde
Acquisitions Manager
Urstadt Biddle Properties Inc.
321 Railroad Avenue
Greenwich, CT 06830
Ph.: (203) 863-8211
Fax: (203) 861-6755
email: jrotonde@ubproperties.com

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Urstadt Biddle Properties Inc - 321 Railroad Avenue, Greenwich, CT 06830 - (203) 863-8200