-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JZt0/sm3r96pfuqbrAI7SGT0gO1kOpiH4z6XMOpSB8LDvBA/gKgvmZ1Uuw9BreLe OB6nownSiydghI48Znnnug== 0001029800-06-000049.txt : 20060323 0001029800-06-000049.hdr.sgml : 20060323 20060323153026 ACCESSION NUMBER: 0001029800-06-000049 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060320 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060323 DATE AS OF CHANGE: 20060323 FILER: COMPANY DATA: COMPANY CONFORMED NAME: URSTADT BIDDLE PROPERTIES INC CENTRAL INDEX KEY: 0001029800 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 042458042 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12803 FILM NUMBER: 06706080 BUSINESS ADDRESS: STREET 1: C/O HRE PROPERTIES INC STREET 2: 321 RAILROAD AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2038638200 MAIL ADDRESS: STREET 1: 321 RAILROAD AVENUE CITY: GREENWICH FORMER COMPANY: FORMER CONFORMED NAME: HRE PROPERTIES INC DATE OF NAME CHANGE: 19961230 8-K 1 threeproperties8k.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------ FORM 8-K ------------------ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 20, 2006 ------------------ URSTADT BIDDLE PROPERTIES INC. (Exact Name of Registrant as Specified in Charter) ------------------ STATE OF MARYLAND 1-12803 04-2458042 - ----------------- ------- ---------- (State or Other Jurisdiction (Commission File Number) (I.R.S. Employer of Incorporation) Identification No.) 321 Railroad Avenue, Greenwich, CT 06830 - ---------------------------------- ----- (Address of Principal Executive Offices) (Zip Code) (203) 863-8200 (Registrant's telephone number, including area code) N/A (Former Name or Former address, if Changed Since Last Report) ------------------ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 1 Item 8.01 Other Event On March 20, 2006 Urstadt Biddle Properties Inc. (the "Registrant") issued a press release announcing the acquisition of three retail properties located in Pelham Manor, New York and Flushing, New York for a purchase price of $16.6 million, excluding closing costs. A copy of the press release is attached hereto as Exhibit 99.1 Item 9.01 Financial Statements and Exhibits. (a) Not applicable (b) Not applicable (c) Exhibits Press release dated March 20, 2006 is filed as Exhibit 99.1. 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: March 23, 2006 URSTADT BIDDLE PROPERTIES INC. (Registrant) By: /s/ James R. Moore --------------------------------- Name: James R. Moore Title: Executive Vice President & Chief Financial Officer 3 EXHIBIT INDEX Number Exhibit 99.1 Press Release dated March 20, 2006 EX-99.1 2 threepropertiespr032306.txt Exhibit 99.1 For Immediate Release Contact: Willing L. Biddle, President or James Aries, Vice President - Acquisitions Urstadt Biddle Properties Inc. (203) 863-8200 URSTADT BIDDLE PROPERTIES INC. ANNOUNCES ACQUISITION OF THREE RETAIL PROPERTIES FOR $16.6 MILLION GREENWICH, CONNECTICUT March 20, 2006 ...Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) announced that it has completed the purchase from private real estate investors of three retail properties located in Pelham, New York and Flushing, New York for a purchase price of $16.6 million, excluding closing costs. The properties were built in the 1960's and contain in the aggregate 47,300 square feet of leasable space. The Pelham property in particular has an excellent location with strong demographics and quality tenancy. Each of the properties tenant rosters reflect the local character of the properties. The Pelham property is situated in the affluent town of Pelham Manor in Westchester County and anchored by a regional grocery store and local retailers. The Flushing properties contain more than twenty local retailers who service the high density urban retail customer base surrounding the properties. Willing Biddle, President of Urstadt Biddle Properties Inc. said, "We are pleased to announce this retail property portfolio acquisition. The Pelham shopping center is very well located and we believe a facade renovation will enable us to achieve higher rents over time. The Flushing properties were part of the portfolio and are well located block front strips of stores fully leased to local retailers. The Flushing, New York neighborhood where the properties are located is a stable densely populated urban area where there is a high demand for stores." Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust providing investors with a means of participating in ownership of income-producing properties with the liquidity of being listed on the New York Stock Exchange since 1969. UBP owns 37 properties containing approximately 3.7 million square feet of space and has paid 145 consecutive quarters of uninterrupted dividends to its shareholders since its inception. Certain statements contained herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among other things, risks associated with the timing of and costs associated with property improvements, financing commitments and general competitive factors. -----END PRIVACY-ENHANCED MESSAGE-----