Urstadt Biddle Properties Inc. (UBP-PK) is a self-administered equity real estate investment trust (REIT) that acquires, owns, redevelops, operates, and manages high-quality neighborhood and community shopping centers, as well as self-storage facilities; its portfolio features grocery-anchored properties with essential retailers such as supermarkets, wholesale clubs, pharmacies, and national tenants including Walmart, Stop & Shop, CVS Pharmacy, and Chipotle; properties encompass approximately 5.3 million square feet of gross leasable area across 77 assets, predominantly in affluent suburban markets surrounding New York City in New York, New Jersey, and Connecticut. Founded in 1969 and headquartered at 321 Railroad Avenue in Greenwich, Connecticut, the company focuses on the northeastern United States, leveraging high demographic profiles, limited developable land, and efficient direct management to generate income from stable, essential-service-oriented retail assets. In August 2023, Urstadt Biddle Properties completed its acquisition by Regency Centers Corporation in a $1.4 billion all-stock transaction, operating thereafter as a subsidiary while its Series K Cumulative Redeemable Preferred Stock (UBP-PK) continues trading; this merger expanded the combined entity's portfolio to 481 properties totaling 56 million square feet, enhancing scale in grocery-anchored suburban retail without altering core operations or management structure.