GREENWICH, Conn.--(BUSINESS WIRE)--Urstadt Biddle Properties Inc. (NYSE:UBA and UBP) a real estate investment trust, today announced that it has hired Patrick Gillespi to the position of Sr. Project and Property Manager. He was previously the Director of Real Estate of The Great Atlantic and Pacific Tea Company.
Commenting on the new appointment, Mr. Biddle commented, “We are delighted to announce that Patrick decided to come to our company after a distinguished carrier at A&P. He is a well-respected seasoned veteran of the New York area shopping center industry who will greatly assist us in the management of our portfolio and will also assist us with our acquisition goals as we continue to expand our portfolio of shopping centers in the metropolitan NY suburban markets.
Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust which owns or has equity interests in 74 properties containing approximately 4.9 million square feet of space. Listed on the New York Stock Exchange since 1970, it provides investors with a means of participating in ownership of income-producing properties. It has paid 184 consecutive quarters of uninterrupted dividends to its shareholders since its inception and has raised total dividends to its shareholders for the last 22 consecutive years.