Urstadt Biddle Acquires Four-Property Retail Portfolio in Connecticut

by Katie Sloan

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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