Urstadt Biddle Pruning Tenant Roster in Changing Retail Climate

Willing Biddle, president and CEO of Urstadt Biddle Properties Inc. (NYSE: UBA), joined Nareit in New York for a video interview at REITweek: 2019 Investor Conference.

This year marks the 50th anniversary of the grocery-anchored shopping center REIT, which has a portfolio focused on the New York suburbs. Biddle attributed the company’s longevity to property type, region, deep market knowledge, capital structure, and “the ability to be there when others aren’t there to buy.”

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