Latest Urstadt Biddle Properties Inc (UBP) Headlin
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Posted On: 03/14/2014 9:44:07 AM
Latest Urstadt Biddle Properties Inc (UBP) Headlines
Urstadt Biddle Properties Inc. Reports First Quarter Operating Results for Fiscal 2014
Business Wire - Tue Mar 11, 3:51PM CDT
Urstadt Biddle Properties Inc. (NYSE:UBA and UBP), a real estate investment trust, today reported its operating results for the first quarter ended January 31, 2014.
NYSE stocks posting largest volume increases
AP - Mon Mar 03, 5:04PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
Subsidiaries of Urstadt Biddle acquire 50% interest in adjacent retail properties on Long Island
M2 - Mon Feb 24, 6:02AM CST
US-based real estate investment trust, Urstadt Biddle Properties Inc (NYSE:UBA) (NYSE:UBP) revealed on Friday that via its two wholly-owned subsidiaries it acquired 50% tenancy-in-common interests in two adjacent retail properties in Suffolk County, Long Island, New York, from developer Lerner Properties LLC.
Urstadt Biddle Properties Inc. Acquires 50% Interest in Walmart-Anchored Shopping Center and Adjacent Retail Property on Long Island, in Riverhead, New York
Business Wire - Fri Feb 21, 3:38PM CST
Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) announced today that it acquired, through two wholly-owned subsidiaries, 50% tenancy-in-common interests in two adjacent retail properties in Suffolk County, Long Island from New Jersey-based developer, Lerner Properties LLC. The first property is Gateway Plaza, a 20+ acre parcel with a 194,309 sf shopping center anchored by a brand-new 167,309 square foot Walmart store and a nearly completed 27,000 square foot freestanding retail building. UBP's 50% interest in Gateway Plaza was purchased for $12.4 million, and UBP and Lerner Properties refinanced the property at closing with a $14,000,000 first mortgage from Security Life of Denver Insurance Company. Gateway Plaza is located at the intersection of Old Country Road (a/k/a Route 58) and Kroemer Avenue in Riverhead, NY (Suffolk County) and has the unique distinction of being located directly across the road from, and sharing a traffic light with, Tanger Outlet Center. Tanger Outlet Center is one of the country's most successful outlet centers and contains over 165 brand name outlet stores. The Riverhead shopping area is located approximately 70 miles east of midtown Manhattan at the terminus of the Long Island Expressway, and is the regional shopping area for Long Island's North and South Forks. Shoppers flock to Riverhead from all of eastern Long Island.
Faruqi & Faruqi, LLP Launches An Investigation of Urstadt Biddle Properties Inc. For Potential Breaches of Fiduciary Duties by Its Board of Directors
PR Newswire - Thu Feb 13, 12:48PM CST
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Urstadt Biddle Properties Inc. ("Urstadt" or the "Company") (NYSE: UBA) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for an amendment to the Company's Restricted Stock Award Plan (the "Plan").
Itron's board approves share buy back programme of up to USD150m
M2 - Thu Feb 13, 5:12AM CST
The board of directors of a technology and services company, Itron Inc (NASDAQ:ITRI) authorised a new repurchase programme of up to USD50m of the company's common stock, over a 12-month period to start after the expiry of the current share repurchase programme on 7 March 2014, it stated on Wednesday.
Urstadt Biddle Properties announces acquisition of shopping centre for USD9m cash
M2 - Tue Jan 14, 9:38AM CST
Urstadt Biddle Properties Inc (NYSE:UBA) (NYSE:UBP), a real estate investment trust, has acquired Bethel Hub Shopping Centre in Bethel, Connecticut for USD9m cash, it disclosed on Monday.
Urstadt Biddle Properties Inc. Acquires Shopping Center in Bethel, Connecticut
Business Wire - Mon Jan 13, 3:52PM CST
Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) announced today that it has acquired the 30,940 square foot Bethel Hub Shopping Center in Bethel, CT. The Bethel Hub center was purchased with cash for $9,000,000. The center is co-anchored by a 7,596 square foot Rite Aid Pharmacy and a 13,884 square foot Caraluzzi's liquor store, other tenants in the center include People's Bank, which occupies a 2,500 square foot pad site with a drive-through, Soups Salads and More, Pizzeria Lauretano, a cleaners, and a Laundromat. The Bethel Hub Shopping Center was built in the 1950's and was subsequently expanded in 1967 and 1977. The shopping center is currently 100% occupied. The Bethel Hub Shopping Center is a very desirable retail destination located in the center of Bethel, CT. that is well protected due to the high barriers to entry. The center is highly visible at the intersection of Greenwood Avenue (Connecticut 302) and Grassy Plain Street. The shopping center is across the street from two prominent retail attractions in Bethel, the famous Sycamore Drive-In, which attracts diners from all over the county, and The Bethel Cinema.
Urstadt Biddle Properties Inc. Acquires Two Shopping Centers in New Jersey
Business Wire - Thu Jan 02, 8:00AM CST
Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) announced today that it has acquired two shopping centers in New Jersey. The first is the 63,000 square foot Boonton A&P Center in Boonton, NJ. The Boonton center was purchased for $18,350,000 subject to an existing mortgage in the amount of $7,800,000 that requires payments of principal and interest at a fixed rate of 4.2% per annum. The mortgage matures in September 2022. The Boonton Center is located on Myrtle Avenue, just off of Route 287, in Boonton within Morris County which is one of the wealthiest counties in the United States. The shopping center was constructed in 1999 and features a 49,463 SF A&P other tenants include Dunkin' Donuts, Chase Bank, Subway, Supercuts and Sprint. Over 90% of the tenants are national or regional tenants. The second property is the 56,000 square foot Bloomfield A&P Center in Bloomfield, NJ. The Bloomfield center was purchased for $11,005,000 subject to an existing mortgage in the amount of $7,700,000 that requires payments of principal and interest at a fixed rate of 6.43% per annum. The mortgage matures in August 2016. The Bloomfield Center is anchored by a 30,750 SF A&P Grocery Store and a 8,950 SF Walgreen's Drugstore. Other tenants in the shopping center include Dunkin' Donuts, Supercuts, a pizzeria, a liquor store and a stationery store. Built in 1977 and renovated in 1999, The Bloomfield A&P Center is located on Belleville Avenue (Route 506) in Bloomfield (Essex County), about 1/2 mile east of the Garden State Parkway in a densely populated northern New Jersey market. Belleville Avenue is a significant 5-mile east/west road which connects downtown Bloomfield with Belleville to the east. The shopping center has very high traffic counts.
Urstadt Biddle Properties names Stephan A Rapaglia as chief operating officer
M2 - Wed Dec 18, 4:56AM CST
Real estate investment trust Urstadt Biddle Properties Inc (NYSE:UBA) (NYSE:UBP) revealed on Tuesday that Stephan A Rapaglia has been named as chief operating officer of the company, as of 1 January 2014.
Urstadt Biddle Properties' board authorises share buy back of up to 2m stock
M2 - Wed Dec 18, 4:17AM CST
Real estate investment trust Urstadt Biddle Properties Inc (NYSE:UBA) (NYSE:UBP) stated on Tuesday that its board of directors approved a share repurchase programme of up to 2,000,000 shares in the aggregate of its common stock, class A common stock, series D cumulative preferred stock and series F cumulative preferred stock.
Urstadt Biddle Properties Inc. Announces Appointment of Stephan A. Rapaglia, Chief Operating Officer
Business Wire - Tue Dec 17, 3:34PM CST
Urstadt Biddle Properties Inc. ("Company") (NYSE:UBA and UBP) today announced that Stephan A. Rapaglia, Senior Vice President, Assistant Secretary and Real Estate Counsel, has been appointed Chief Operating Officer of the Company, effective January 1, 2014.
Urstadt Biddle Properties Inc. Announces 2,000,000 Share Repurchase Program
Business Wire - Tue Dec 17, 3:24PM CST
Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) today announced a share repurchase program of up to 2,000,000 shares, in the aggregate, of the Company's Common Stock, Class A Common Stock, Series D Cumulative Preferred Stock and Series F Cumulative Preferred Stock. The share repurchase program has been authorized by UBP's Board of Directors and represents less than 5% of the Company's total combined outstanding Common, Class A Common and Series D and Series F Preferred Shares. This repurchase program replaces a prior repurchase program where the Board of Directors authorized the repurchase of up to 1,500,000 shares in the aggregate, of Common, Class A Common and Preferred shares. Share repurchases may be made in the open market or in private transactions, and at times and in amounts that the Company deems appropriate. The share repurchase program will be funded with available cash and may be discontinued at any time.
Urstadt Biddle Properties Inc. Reports First Quarter Operating Results for Fiscal 2014
Business Wire - Tue Mar 11, 3:51PM CDT
Urstadt Biddle Properties Inc. (NYSE:UBA and UBP), a real estate investment trust, today reported its operating results for the first quarter ended January 31, 2014.
NYSE stocks posting largest volume increases
AP - Mon Mar 03, 5:04PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
Subsidiaries of Urstadt Biddle acquire 50% interest in adjacent retail properties on Long Island
M2 - Mon Feb 24, 6:02AM CST
US-based real estate investment trust, Urstadt Biddle Properties Inc (NYSE:UBA) (NYSE:UBP) revealed on Friday that via its two wholly-owned subsidiaries it acquired 50% tenancy-in-common interests in two adjacent retail properties in Suffolk County, Long Island, New York, from developer Lerner Properties LLC.
Urstadt Biddle Properties Inc. Acquires 50% Interest in Walmart-Anchored Shopping Center and Adjacent Retail Property on Long Island, in Riverhead, New York
Business Wire - Fri Feb 21, 3:38PM CST
Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) announced today that it acquired, through two wholly-owned subsidiaries, 50% tenancy-in-common interests in two adjacent retail properties in Suffolk County, Long Island from New Jersey-based developer, Lerner Properties LLC. The first property is Gateway Plaza, a 20+ acre parcel with a 194,309 sf shopping center anchored by a brand-new 167,309 square foot Walmart store and a nearly completed 27,000 square foot freestanding retail building. UBP's 50% interest in Gateway Plaza was purchased for $12.4 million, and UBP and Lerner Properties refinanced the property at closing with a $14,000,000 first mortgage from Security Life of Denver Insurance Company. Gateway Plaza is located at the intersection of Old Country Road (a/k/a Route 58) and Kroemer Avenue in Riverhead, NY (Suffolk County) and has the unique distinction of being located directly across the road from, and sharing a traffic light with, Tanger Outlet Center. Tanger Outlet Center is one of the country's most successful outlet centers and contains over 165 brand name outlet stores. The Riverhead shopping area is located approximately 70 miles east of midtown Manhattan at the terminus of the Long Island Expressway, and is the regional shopping area for Long Island's North and South Forks. Shoppers flock to Riverhead from all of eastern Long Island.
Faruqi & Faruqi, LLP Launches An Investigation of Urstadt Biddle Properties Inc. For Potential Breaches of Fiduciary Duties by Its Board of Directors
PR Newswire - Thu Feb 13, 12:48PM CST
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Urstadt Biddle Properties Inc. ("Urstadt" or the "Company") (NYSE: UBA) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for an amendment to the Company's Restricted Stock Award Plan (the "Plan").
Itron's board approves share buy back programme of up to USD150m
M2 - Thu Feb 13, 5:12AM CST
The board of directors of a technology and services company, Itron Inc (NASDAQ:ITRI) authorised a new repurchase programme of up to USD50m of the company's common stock, over a 12-month period to start after the expiry of the current share repurchase programme on 7 March 2014, it stated on Wednesday.
Urstadt Biddle Properties announces acquisition of shopping centre for USD9m cash
M2 - Tue Jan 14, 9:38AM CST
Urstadt Biddle Properties Inc (NYSE:UBA) (NYSE:UBP), a real estate investment trust, has acquired Bethel Hub Shopping Centre in Bethel, Connecticut for USD9m cash, it disclosed on Monday.
Urstadt Biddle Properties Inc. Acquires Shopping Center in Bethel, Connecticut
Business Wire - Mon Jan 13, 3:52PM CST
Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) announced today that it has acquired the 30,940 square foot Bethel Hub Shopping Center in Bethel, CT. The Bethel Hub center was purchased with cash for $9,000,000. The center is co-anchored by a 7,596 square foot Rite Aid Pharmacy and a 13,884 square foot Caraluzzi's liquor store, other tenants in the center include People's Bank, which occupies a 2,500 square foot pad site with a drive-through, Soups Salads and More, Pizzeria Lauretano, a cleaners, and a Laundromat. The Bethel Hub Shopping Center was built in the 1950's and was subsequently expanded in 1967 and 1977. The shopping center is currently 100% occupied. The Bethel Hub Shopping Center is a very desirable retail destination located in the center of Bethel, CT. that is well protected due to the high barriers to entry. The center is highly visible at the intersection of Greenwood Avenue (Connecticut 302) and Grassy Plain Street. The shopping center is across the street from two prominent retail attractions in Bethel, the famous Sycamore Drive-In, which attracts diners from all over the county, and The Bethel Cinema.
Urstadt Biddle Properties Inc. Acquires Two Shopping Centers in New Jersey
Business Wire - Thu Jan 02, 8:00AM CST
Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) announced today that it has acquired two shopping centers in New Jersey. The first is the 63,000 square foot Boonton A&P Center in Boonton, NJ. The Boonton center was purchased for $18,350,000 subject to an existing mortgage in the amount of $7,800,000 that requires payments of principal and interest at a fixed rate of 4.2% per annum. The mortgage matures in September 2022. The Boonton Center is located on Myrtle Avenue, just off of Route 287, in Boonton within Morris County which is one of the wealthiest counties in the United States. The shopping center was constructed in 1999 and features a 49,463 SF A&P other tenants include Dunkin' Donuts, Chase Bank, Subway, Supercuts and Sprint. Over 90% of the tenants are national or regional tenants. The second property is the 56,000 square foot Bloomfield A&P Center in Bloomfield, NJ. The Bloomfield center was purchased for $11,005,000 subject to an existing mortgage in the amount of $7,700,000 that requires payments of principal and interest at a fixed rate of 6.43% per annum. The mortgage matures in August 2016. The Bloomfield Center is anchored by a 30,750 SF A&P Grocery Store and a 8,950 SF Walgreen's Drugstore. Other tenants in the shopping center include Dunkin' Donuts, Supercuts, a pizzeria, a liquor store and a stationery store. Built in 1977 and renovated in 1999, The Bloomfield A&P Center is located on Belleville Avenue (Route 506) in Bloomfield (Essex County), about 1/2 mile east of the Garden State Parkway in a densely populated northern New Jersey market. Belleville Avenue is a significant 5-mile east/west road which connects downtown Bloomfield with Belleville to the east. The shopping center has very high traffic counts.
Urstadt Biddle Properties names Stephan A Rapaglia as chief operating officer
M2 - Wed Dec 18, 4:56AM CST
Real estate investment trust Urstadt Biddle Properties Inc (NYSE:UBA) (NYSE:UBP) revealed on Tuesday that Stephan A Rapaglia has been named as chief operating officer of the company, as of 1 January 2014.
Urstadt Biddle Properties' board authorises share buy back of up to 2m stock
M2 - Wed Dec 18, 4:17AM CST
Real estate investment trust Urstadt Biddle Properties Inc (NYSE:UBA) (NYSE:UBP) stated on Tuesday that its board of directors approved a share repurchase programme of up to 2,000,000 shares in the aggregate of its common stock, class A common stock, series D cumulative preferred stock and series F cumulative preferred stock.
Urstadt Biddle Properties Inc. Announces Appointment of Stephan A. Rapaglia, Chief Operating Officer
Business Wire - Tue Dec 17, 3:34PM CST
Urstadt Biddle Properties Inc. ("Company") (NYSE:UBA and UBP) today announced that Stephan A. Rapaglia, Senior Vice President, Assistant Secretary and Real Estate Counsel, has been appointed Chief Operating Officer of the Company, effective January 1, 2014.
Urstadt Biddle Properties Inc. Announces 2,000,000 Share Repurchase Program
Business Wire - Tue Dec 17, 3:24PM CST
Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) today announced a share repurchase program of up to 2,000,000 shares, in the aggregate, of the Company's Common Stock, Class A Common Stock, Series D Cumulative Preferred Stock and Series F Cumulative Preferred Stock. The share repurchase program has been authorized by UBP's Board of Directors and represents less than 5% of the Company's total combined outstanding Common, Class A Common and Series D and Series F Preferred Shares. This repurchase program replaces a prior repurchase program where the Board of Directors authorized the repurchase of up to 1,500,000 shares in the aggregate, of Common, Class A Common and Preferred shares. Share repurchases may be made in the open market or in private transactions, and at times and in amounts that the Company deems appropriate. The share repurchase program will be funded with available cash and may be discontinued at any time.
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