Urstadt Biddle Properties Inc. is a real estate investment trust engaged in the acquisition, ownership and management of commercial real estate. The Company's sole business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on properties in the northeastern part of the United States with a concentration in Fairfield County, Connecticut, Westchester and Putnam Counties, New York and Bergen County, New Jersey (NJ). The Company operates in one industry segment, ownership of commercial real estate properties, which are located principally in the northeastern United States. The Company's core properties consist principally of neighborhood and community shopping centers, five office buildings and one office/retail mixed-use property. In January 2014, the Company acquired two shopping centers in New Jersey, and acquired the 30,940 square foot Bethel Hub Shopping Center in Bethel, Connecticut.