Urstadt Biddle Properties Inc. Announces New Assistant Vice President
28 September 2010 - 6:04AM
Business Wire
Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) today
announced that it has promoted Joanna Rotonde to Assistant Vice
President of the company.
Joanna Rotonde, Assistant Vice
President/Acquisitions at Urstadt Biddle Properties (Photo:
Business Wire)
Ms. Rotonde has been with the company for almost three years and
previously was Acquisitions Manager. In Ms. Rotonde’s new capacity,
she will continue to work on new acquisitions with the company and
will also work closely with the company’s leasing department. In
addition, she will handle restaurant leasing for the company’s
entire portfolio.
Commenting on Ms. Rotonde’s promotion, James M. Aries, Senior
Vice President of Urstadt Biddle Properties said, “Joanna has
performed extraordinarily well during her time here and we wanted
to recognize her important contributions. She will help us continue
our solid growth in the shopping center industry over the next
several years.”
So far this year, the company has acquired New Milford Plaza, a
Wal-Mart and Super Stop and Shop anchored shopping center located
in New Milford, CT. and Katonah Village Commons, a mixed-use office
and retail property located in downtown Katonah, NY. In addition,
the company has acquired a 10% equity interest in a partnership
which owns the Midway Shopping Center; a ShopRite anchored property
located in Scarsdale, NY and a 67% equity interest in the Putnam
Plaza Shopping center, a Hannaford Brothers anchored shopping
center located in Carmel, NY. The company welcomes the opportunity
to discuss other acquisition opportunities with qualified
sellers.
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
1970. Urstadt Biddle Properties Inc. owns or has an interest in 50
properties containing approximately 4.6 million square feet of
space and has paid or declared 163 consecutive quarters of
uninterrupted dividends to shareholders since its inception.
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