Urstadt Biddle Acquires Four-Property Retail Portfolio in Connecticut

Trader Joe’s anchors High Ridge Shopping Center, located on High Ridge Road in Stamford, Connecticut. Trader Joe’s anchors High Ridge Shopping Center, located on High Ridge Road in Stamford, Connecticut.

Stamford, Old Greenwich and Fairfield, Conn. — Urstadt Biddle Properties Inc. has acquired a four-property retail portfolio located in Stamford, Old Greenwich and Fairfield, Connecticut.

Acquisitions include High Ridge Shopping Center, an 87,300-square-foot, Trader Joe’s-anchored shopping center located in Stamford; a freestanding 4,200-square-foot Chase Bank location in Stamford; a freestanding 8,000-square-foot CVS/pharmacy location in Old Greenwich; and a freestanding 12,000-square-foot Walgreens location in Fairfield. The properties were sold by a local multi-generational family group, which initially developed the properties. 

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