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Two Grocery-Focused REITs To Combine in $1.4 Billion Deal

Regency Agrees To Acquire Urstadt Biddle’s New York Tri-State Area Portfolio
Urstadt Biddle Properties owns the 219,126-square-foot Miday Shopping Center in Scarsdale, New York. (CoStar)
Urstadt Biddle Properties owns the 219,126-square-foot Miday Shopping Center in Scarsdale, New York. (CoStar)

Shopping center real estate investment trust Regency Centers has agreed to acquire Urstadt Biddle Properties in a transaction valued at $1.4 billion, including assumption of debt.

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