Urstadt Biddle Properties 8K Regulation FD Disclosure | UBA 13 Mar 14

URSTADT BIDDLE PROPERTIES INC. SUPPLEMENTAL INFORMATION JANUARY 31, 2014

URSTADT BIDDLE PROPERTIES INC.

321 RAILROAD AVENUE

GREENWICH, CT 06830

203-863-8200

URSTADT BIDDLE PROPERTIES INC. SUPPLEMENTAL INFORMATION JANUARY 31, 2014

TABLE OF CONTENTS

1 -	CORE PORTFOLIO PROPERTY DETAILS

2 -	CORE PORTFOLIO SAME STORE OPERATING INCOME - THREE MONTHS ENDED JANUARY 31, 2014

3 -	NEW AND RENEWAL LEASING STATISTICS - ROLLING 4 QUARTERS ENDED JANUARY 31, 2014

Urstadt Biddle Properties Inc.

Core Portfolio Properties - Detail

As of January 31, 2014

																																	Property Demographics ₁
																																	3-Mile Radius
												Gross Leasable Area						Percentage Leased									Annualized Base Rent PSF for Leased Space						Total		Number of		Median Household		Average Household
Property Location	Property Name			Anchor Tenant's			% Owned			Year Acquired		Anchors		Shops		Total		Anchors			Shops			Total			Anchors		Shops		Total		Population		Households		Income		Income

Connecticut
Stamford	Ridgeway			Stop & Shop Supermarket				100	%		2002		60,000		288,053		348,053		100.0	%		98.1	%		98.4	%	$	33.71	$	29.87	$	30.54		131,009		50,189	$	86,975	$	115,118
Meriden	Townline Square			Big Y Supermarket & Burlington Coat Factory				100	%		1993		116,696		198,200		314,896		100.0	%		90.7	%		94.1	%	$	5.89	$	13.16	$	10.30		62,741		24,421		60,566		71,727
Stratford	The Dock			Stop & Shop Supermarket & BJ's Wholesale Club				100	%		2005		167,754		108,065		275,819		100.0	%		89.1	%		95.7	%	$	16.04	$	20.05	$	17.50		85,806		33,695		62,872		71,996
New Milford	New Milford Plaza			Wal-Mart & Stop & Shop Supermarket				100	%		2010		177,028		55,716		232,744		100.0	%		100.0	%		100.0	%	$	6.02	$	13.22	$	7.74		13,962		5,470		81,914		94,523
Danbury₂	Danbury Square			Christmas Tree Shops				100	%		1995		47,555		146,407		193,962		100.0	%		93.8	%		95.3	%	$	23.45	$	13.95	$	16.39		48,060		16,719		67,221		79,878
Darien	Goodwives			Stop & Shop Supermarket				100	%		1998		42,083		53,471		95,554		100.0	%		95.0	%		97.2	%	$	29.73	$	35.78	$	33.04		68,808		25,006		106,579		146,491
New Milford	Veteran's Plaza			Big Y Supermarket				100	%		2008		55,450		25,224		80,674		100.0	%		66.8	%		89.6	%	$	7.12	$	17.29	$	9.49		16,586		6,501		78,702		90,384
Orange	Orange Meadows			Trader Joe's Supermarket				100	%		2003		11,553		65,962		77,515		100.0	%		77.4	%		80.7	%	$	20.72	$	19.65	$	19.84		50,845		20,004		77,718		93,292
New Milford	Fairfield Plaza			TJ Max				100	%		2011		25,257		46,830		72,087		100.0	%		84.2	%		89.7	%	$	12.00	$	14.40	$	13.47		15,385		6,058		79,473		92,109
Fairfield	Fairfield Center			Marshalls				100	%		2011		32,714		28,949		61,663		100.0	%		100.0	%		100.0	%	$	20.25	$	23.21	$	21.64		39,162		13,536		145,799		192,762
Greenwich Offices		N/	A	Various				100	%	Various			-		57,936		57,936		0.0	%		78.4	%		78.4	%	$	-	$	29.90	$	29.90		70,820		26,000		109,587		164,731
Ridgefield		N/	A		N/	A		100	%		1998		-		50,852		50,852		0.0	%		81.6	%		81.6	%	$	-	$	25.49	$	25.49		21,536		7,876		146,207		199,313
Westport	Greens Farm			Pier One Imports				100	%		2003		14,100		25,554		39,654		100.0	%		83.1	%		89.1	%	$	29.73	$	26.63	$	27.87		32,385		11,774		159,230		222,786
Danbury	Airport Plaza			Buffalo Wild Wings				100	%		2002		8,116		24,914		33,030		100.0	%		40.4	%		55.1	%	$	26.95	$	31.56	$	29.50		49,025		17,097		66,458		78,825
Bethel	The Hub			Rite Aid & Bozzutos Inc				100	%		2014		21,480		9,460		30,940		100.0	%		100.0	%		100.0	%	$	19.06	$	24.13	$	20.61		60,786		22,057		64,730		69,105
Greenwich	Cos Cob Plaza			Jos. A Banks Clothing				100	%		2013		4,025		10,580		14,605		100.0	%		74.4	%		81.5	%	$	41.00	$	38.31	$	39.22		69,025		25,447		117,146		179,593
Monroe	Starbuck's Plaza			Starbucks				100	%		2007		1,658		8,483		10,141		100.0	%		100.0	%		100.0	%	$	38.50	$	22.81	$	25.37		16,558		5,814		117,079		138,773
Greenwich	Greenwich Commons			Cosi				100	%		2013		2,400		7,344		9,744		100.0	%		100.0	%		100.0	%	$	71.00	$	70.18	$	70.38		70,820		26,000		109,587		164,731
Waterbury		N/	A	Friendly's				100	%		2013		4,747		-		4,747		100.0	%		0.0	%		100.1	%	$	34.37	$	-	$	34.33		79,359		30,649		44,216		53,565
Unionville		N/	A	Friendly's				100	%		2013		3,254		-		3,254		100.0	%		0.0	%		100.1	%	$	15.19	$	-	$	15.17		26,353		10,340		95,338		120,209
													795,870		1,212,000		2,007,870		100.0	%		89.9	%		93.9	%	$	15.19	$	22.27	$	19.28
New York
Yorktown	Staples Plaza			Staples				100	%		2005		24,000		176,367		200,367		100.0	%		37.7	%		45.1	%	$	16.50	$	21.10	$	19.88		33,270		11,759		101,560		118,703
White Plains	Westchester Pavilion			Sports Authority and Toys "R" Us				100	%		2003		89,850		99,365		189,215		100.0	%		33.7	%		65.2	%	$	24.69	$	17.94	$	22.86		104,063		40173		104,821		132,219
Ossining	Arcadian			Stop & Shop Supermarket				100	%		1998		64,858		73,662		138,520		100.0	%		100.0	%		100.0	%	$	11.26	$	23.15	$	17.58		40,716		13,639		112,959		134,395
Somers	Somers Commons			Home Goods				100	%		2003		30,000		104,760		134,760		100.0	%		87.7	%		90.5	%	$	17.50	$	20.56	$	19.80		33,939		12,450		103,805		115,540
Carmel	Shop Rite Center			ShopRite Supermarket				100	%		1995		48,806		80,078		128,884		100.0	%		96.3	%		97.7	%	$	11.03	$	14.08	$	12.90		17,424		6,253		93,269		105,909
Somers	Somerstown Center			CVS				100	%		1999		14,013		66,401		80,414		100.0	%		90.9	%		92.4	%	$	31.07	$	29.61	$	29.89		18,825		7,326		119,110		143,797
Orangeburg	Orangetown Shopping Center			CVS				11	%		2012		12,410		61,849		74,259		100.0	%		90.5	%		92.1	%	$	28.29	$	16.84	$	18.92		34,668		11,883		104,300		127,658
Eastchester	Eastchester Mall			A&P Fresh				100	%		1997		29,754		40,132		69,886		100.0	%		92.7	%		95.8	%	$	3.71	$	34.83	$	21.00		111,440		42,193		146,297		186,590
Rye		N/	A	Cosi				100	%		2004		2,455		36,537		38,992		100.0	%		96.3	%		96.5	%	$	54.64	$	31.37	$	32.89		80,165		28,103		106,604		153,053
Briarcliff Manor	Chilmark			CVS				100	%		2001		13,900		30,538		44,438		100.0	%		84.3	%		89.2	%	$	36.00	$	30.16	$	32.21		55,048		18,220		121,825		150,372
Ossining	Rockledge			Westchester Community College				100	%		1999		12,558		16,449		29,007		100.0	%		100.0	%		100.0	%	$	14.25	$	20.03	$	17.53		40,811		13,705		112,272		133,681
Katonah	Village Commons			Mrs. Green's				100	%		2010		2,836		25,119		27,955		100.0	%		96.4	%		96.7	%	$	41.48	$	38.32	$	38.65		14,947		4,894		131,557		182,505
Pelham		N/	A	Gristede's Supermarket				100	%		2006		10,000		15,640		25,640		100.0	%		92.9	%		95.6	%	$	18.00	$	31.48	$	25.98		297,881		112,401		61,377		76,864
Eastchester	Eastchester Plaza			CVS				100	%		2012		13,506		10,195		23,701		100.0	%		78.3	%		90.7	%	$	27.83	$	37.49	$	31.42		176,909		68,597		107,873		134,690
Bronxville & Yonkers		N/	A	People's United Bank & JP Morgan Chase Bank				100	%		2008 & 2009		16,527		2,278		18,805		100.0	%		100.0	%		100.0	%	$	24.98	$	29.50	$	25.53		265,743		101,630		67,132		81,788
Somers	Heritage 202			Putnam County Savings Bank				100	%		1992		3,184		16,074		19,258		100.0	%		100.0	%		100.0	%	$	41.06	$	30.44	$	32.20		19,978		7,698		117,392		141,086
Carmel		N/	A	Friendly's				100	%		2013		3,660		-		3,660		100.0	%		0.0	%		100.1	%	$	35.43	$	-	$	35.38		19,094		6,802		90,862		104,003
Kingston		N/	A	Friendly's				100	%		2013		3,460		-		3,460		100.0	%		0.0	%		100.1	%	$	20.77	$	-	$	20.74		19,113		7,864		49,465		59,514
													395,777		855,444		1,251,221		100.0	%		74.7	%		82.7	%	$	19.04	$	23.74	$	21.94

New Jersey
New Providence	Village Shopping Center			A&P Supermarket				100	%		2013		45,540		63,026		108,566		100.0	%		73.1	%		84.4	%	$	20.00	$	31.64	$	25.85		61,922		22,078		144,650		188,830
Newark	Ferry Plaza			Pathmark Supermarket				84	%		2008		63,433		44,558		107,991		100.0	%		75.1	%		89.7	%	$	20.15	$	28.36	$	22.99		217,910		72,283		42,507		51,497
Wayne	Valley Ridge			A&P Supermarket				100	%		1992		36,000		66,125		102,125		100.0	%		92.7	%		95.3	%	$	14.10	$	29.30	$	23.67		116,049		39,756		72,441		85,818
Emerson	Shop Rite Plaza			ShopRite Supermarket				100	%		2007		53,450		39,600		93,050		100.0	%		79.8	%		91.4	%	$	8.95	$	24.07	$	14.57		93,236		32,727		107,812		122,143
Bloomfield	Bloomfield A&P Center			A&P Supermarket and Walgreen's				100	%		2014		39,700		16,635		56,335		100.0	%		100.0	%		100.0	%	$	5.11	$	32.06	$	13.07		284,016		110,633		65,229		77,403
Boonton	Boonton A&P Center			A&P Supermarket				100	%		2014		49,463		13,278		62,741		100.0	%		100.0	%		100.0	%	$	19.21	$	29.91	$	21.47		44,917		16,884		106,868		129,527
Waldwick		N/	A	Rite Aid				100	%		2007		20,000		-		20,000		100.0	%		0.0	%		100.0	%	$	22.62	$	-	$	22.62		76,903		26,901		141,890		175,331
Bernardsville		N/	A		N/	A		100	%		2013		-		14,380		14,380		0.0	%		73.2	%		73.2	%	$	-	$	27.34	$	27.34		19,059		6,593		145,235		207,918
Chester		N/	A	Clockwork Day Care				100	%		2013		9,120		-		9,120		100.0	%		0.0	%		100.0	%	$	25.50	$	-	$	25.50		9,450		3,192		166,057		229,638
Bloomfield		N/	A	Friendly's				100	%		2013		2,630		-		2,630		100.0	%		0.0	%		100.1	%	$	41.33	$	-	$	41.27		191,823		73,393		83,381		102,344
Hillsdale		N/	A	Friendly's				100	%		2013		2,457		-		2,457		100.0	%		0.0	%		100.1	%	$	32.61	$	-	$	32.56		76,705		27,153		119,354		136,990
													321,793		257,602		579,395		100.0	%		82.6	%		92.3	%	$	16.16	$	29.04	$	21.29

Massachusetts
Springfield	Five Town Plaza			Big Y Supermarket & Burlington Coat Factory				100	%		1970		147,363		181,009		328,372		100.0	%		83.2	%		90.7	%	$	10.61	$	11.24	$	10.93		71,429		26,694		57,681		67,143

New Hampshire
Newington	Newington Plaza			Savers				100	%		1979		27,167		74,936		102,103		100.0	%		95.4	%		96.7	%	$	9.80	$	16.16	$	14.41		17,701		8,590		64,817		76,847

Total Consolidated													1,687,970		2,580,991		4,268,961		100.0	%		83.8	%		90.2	%	$	15.79	$	22.40	$	19.50
																	4,138,049								90.23	%
Unconsolidated Joint Ventures
Scarsdale, NY	Midway Shopping Center			ShopRite Supermarket				12	%		2010		69,692		177,675		247,367		100.0	%		99.1	%		99.4	%	$	13.44	$	31.17	$	26.14		114,418		43,359		132,018		162,698
Carmel, NY	Putnam Plaza			Hannaford Brothers				67	%		2010		60,858		128,387		189,245		100.0	%		94.7	%		96.4	%	$	6.94	$	16.91	$	13.58		19,114		6,812		90,765		103,841
Montvale, NJ	Chestnut Ridge			The Fresh Market Inc.				50	%		2013		19,205		57,060		76,265		100.0	%		95.8	%		96.9	%	$	22.05	$	27.40	$	26.01		52,743		18,568		135,691		162,154
Spring Valley, NY	Plaza 59			Spring Valley Foods Inc.				50	%		2013		3,355		21,000		24,355		100.0	%		71.4	%		75.4	%	$	36.86	$	35.30	$	35.58		88,092		28,853		92,610		105,302
Total Unconsolidated													153,110		384,122		537,232		100.0	%		95.6	%		96.9	%	$	12.45	$	26.06	$	22.06

Total Core Portfolio													1,841,080		2,965,113		4,806,193		100.0	%		85.4	%		91.0	%	$	15.52	$	22.93	$	19.81

Note 1 - Demographics provided by Applied Geographic Solutions, 4/2013

Note 2 - Leased square footage includes 65,700 of square feet for Toy's "R" Us and Babies "R" Us at zero rent

Urstadt Biddle Properties Inc.

Core Portfolio Same-Store Operating Income Disclosure

(in thousands, except for number of properties and percentages)

	Three Months Ended January 31,
	2014			2013			% Change


Number of Properties		46			46

Core property leased rate		90.23	%		89.58	%		0.65	%
Core property occupancy rate		86.78	%		88.44	%		-1.66	%

Revenue (Note 2)
Minimum Rent	$	16,660		$	16,589			0.43	%
Recoveries from tenants		5,941			6,311			-5.86	%
Other property income		222			184			20.66	%
		22,823			23,084			-1.13	%

Expenses
Property operating		3,261			3,803			-14.25	%
Property taxes		4,017			3,793			5.91	%
Other non-recoverable operating expenses		457			536			-14.73	%
		7,735			8,132			-4.88	%

Net Operating Income	$	15,088		$	14,952			0.91	%

Operating Expense Ratio (Note 1)		81.6	%		83.1	%		-1.75	%

Note 1 - Represents the percentage of property operating expense and real estate tax expense recovered from tenants under operating leases

Note 2 - Excludes straight line rent, above/below market lease rent, lease termination fees and property condemnation
income

Urstadt Biddle Properties Inc.

Leasing Activity

Rolling Last 4 Quarters ended January 31, 2014

	Leases		Square		New Rent		Prior Rent		Cash Basis
	Signed		Feet		Per Sq. Ft (a)		Per Sq. Ft. (a)		Change

Total Comparable Leases:
1st Quarter 2014		30		123,861	$	18.64	$	18.04		3.3	%
4th Quarter 2013		51		191,862	$	20.15	$	18.75		7.5	%
3rd Quarter 2013		30		199,207	$	13.30	$	13.20		0.8	%
2nd Quarter 2013		40		230,595	$	13.66	$	14.61		-6.5	%
Totals		151		745,525		16.06		15.87		0.01	%

New Leases - Comparable:
1st Quarter 2014		11		25,763	$	21.38	$	16.42		30.2	%
4th Quarter 2013		26		46,257	$	28.66	$	25.51		12.4	%
3rd Quarter 2013		9		36,171	$	15.66	$	16.60		-5.7	%
2nd Quarter 2013		15		89,042	$	14.82	$	17.76		-16.6	%
Totals		61		197,233	$	19.08	$	19.19		-0.6	%

Renewals - Comparable:
1st Quarter 2014		19		98,098	$	17.92	$	18.46		-2.9	%
4th Quarter 2013		25		145,605	$	17.45	$	16.60		5.1	%
3rd Quarter 2013		21		163,036	$	12.77	$	12.44		2.7	%
2nd Quarter 2013		25		141,553	$	12.94	$	12.63		2.4	%
Totals		90		548,292	$	14.98	$	14.67		2.1	%

(a) New rent per sq. ft. represents the minimum cash rent under the new lease for the first 12 months of the term. Prior rent per sq.
ft. represents the minimum cash rent under the prior lease for the last 12 months of the previous term.

Urstadt Biddle Properties (UBA) 8-KRegulation FD Disclosure