REIT buys 50% tenant-in-common stake in two retail centers

12/24/2012 | SNL Financial (free content)

Urstadt Biddle Properties has acquired a 50% tenant-in-common interest in two retail centers. It paid in total $18.2 million. The retail centers are Chestnut Ridge Shopping Center and Plaza 59 Shopping Center and are located in Montvale, N.J., and Spring Valley, N.Y., respectively.

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SNL Financial (free content)

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