Fox named acquisitions manager at Urstadt Biddle

According to Urstadt Biddle Properties Inc., a real estate investment trust, it has hired Zach Fox to the position of acquisitions manager. Fox was previously the director of retail and economic development for the Downtown Alliance where he held a seat on The Real Estate Board of New York's store broker's committee and the ICSC alliance planning committee. Prior to that, Fox was a broker at RKF & Associates and Winick Realty Group, where he specialized in landlord representation and completed transactions on behalf of The Related Companies, Brookfield Properties, Tishman Speyer, JP Morgan Chase, and TF Cornerstone. Fox will be graduating from NYU's Schack Institute of Real Estate this spring with an M.S. in Real Estate Finance and Investing. Fox received his B.A. from the University of Wisconsin in 2007. He is an active member of ICSC, REBNY, and ULI. Commenting on the new appointment, James Aries, Senior Vice President and Director of Acquisitions for UBP said, "We are delighted to announce the appointment of Zach, a well-respected real estate professional in our market. He will greatly assist us in achieving our real estate acquisition goals as we continue to expand our portfolio of shopping centers in the metropolitan New York suburban markets including Fairfield County, CT; Westchester, Putnam and Nassau Counties, NY and Northern NJ." Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust, which owns or has equity interests in 56 properties containing approximately 5.0 million square feet of space. Listed on the New York Stock Exchange since 1969, Urstadt Biddle Properties Inc. provides investors with a means of participating in ownership of income-producing properties. It has paid 172 consecutive quarters of uninterrupted dividends to its shareholders since its inception and raised its dividend to its shareholders for the last 19 consecutive years. For additional information, please contact Willing L. Biddle, COO or James Aries, SVP, Urstadt Biddle Properties Inc. at 203-863-8200. 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. ###