Urstadt Biddle Properties (UBA) 8-K Regulation FD Disclosure

URSTADT BIDDLE PROPERTIES INC.   SUPPLEMENTAL INFORMATION   April 30, 2015

URSTADT BIDDLE PROPERTIES INC.

321 RAILROAD AVENUE

GREENWICH, CT 06830

203-863-8200

URSTADT BIDDLE PROPERTIES INC.   SUPPLEMENTAL INFORMATION   April 30, 2015

	TABLE OF CONTENTS
1 -	CORE PORTFOLIO PROPERTY DETAILS
2 -	CORE PORTFOLIO SAME STORE OPERATING INCOME - SIX AND THREE MONTH PERIODS ENDED APRIL 30, 2015
3 -	NEW AND RENEWAL LEASING STATISTICS - ROLLING 4 QUARTERS ENDED APRIL 30, 2015

URSTADT BIDDLE PROPERTIES INC.

Core Portfolio Properties - Detail

As of April 30, 2015

																															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		314,000		374,000		100.00	%		96.11	%		96.73	%	$	33.71	$	28.25	$	29.15		131,009		50,189	$	86,975	$	115,118
Meriden	Townline Square	Big Y Supermarket / Burlington Coat Factory				100	%		1993		116,696		198,118		314,814		100.00	%		93.34	%		95.81	%	$	8.41	$	13.35	$	11.44		62,741		24,421		60,566		71,727
Stratford	The Dock	Stop & Shop Supermarket / BJ's Wholesale				100	%		2005		167,754		106,757		274,511		100.00	%		71.98	%		89.10	%	$	16.04	$	22.85	$	18.18		85,806		33,695		62,872		71,996
New Milford	New Milford Plaza	Wal-Mart / Stop & Shop Supermarket				100	%		2010		177,028		58,216		235,244		100.00	%		100.00	%		100.00	%	$	6.02	$	13.98	$	7.99		13,962		5,470		81,914		94,523
Danbury₂	Danbury Square	Christmas Tree Shops				100	%		1995		47,555		146,407		193,962		100.00	%		98.97	%		99.22	%	$	23.45	$	15.17	$	17.22		48,060		16,719		67,221		79,878
Darien	Goodwives	Stop & Shop Supermarket				100	%		1998		42,083		53,705		95,788		100.00	%		93.56	%		96.39	%	$	29.73	$	36.11	$	33.20		68,808		25,006		106,579		146,491
New Milford	Veteran's Plaza	Big Y Supermarket				100	%		2008		55,450		25,751		81,201		100.00	%		75.10	%		92.10	%	$	7.61	$	19.02	$	10.56		16,586		6,501		78,702		90,384
Orange	Orange Meadows	Trader Joe's Supermarket				100	%		2003		11,553		66,153		77,706		100.00	%		100.00	%		100.00	%	$	20.72	$	18.21	$	18.59		50,845		20,004		77,718		93,292
New Milford	Fairfield Plaza	TJ Max				100	%		2011		25,257		46,730		71,987		100.00	%		84.13	%		89.70	%	$	13.00	$	15.23	$	14.36		15,385		6,058		79,473		92,109
Fairfield	Fairfield Center	Marshalls				100	%		2011		32,714		28,949		61,663		100.00	%		100.00	%		100.00	%	$	20.25	$	23.21	$	21.64		39,162		13,536		145,799		192,762
Greenwich Offices	Various	Various				100	%	Various			-		58,099		58,099		0.00	%		84.42	%		84.42	%	$	-	$	29.25	$	29.25		70,820		26,000		109,587		164,731
Ridgefield	Ridgefield		N/	A		100	%		1998		-		51,996		51,996		0.00	%		90.54	%		90.54	%	$	-	$	23.81	$	23.81		21,536		7,876		146,207		199,313
Greenwich	Cos Cob Commons	CVS				100	%		2014		15,629		32,519		48,148		100.00	%		95.67	%		97.08	%	$	58.05	$	33.23	$	41.53		69,025		25,447		117,146		179,593
Greenwich	Kings Shopping Center	Kings Supermarket				100	%		2014		18,432		21,550		39,982		100.00	%		90.80	%		95.04	%	$	25.00	$	33.43	$	29.34		69,025		25,447		117,146		179,593
Westport	Greens Farm	Pier One Imports				100	%		2003		14,100		25,554		39,654		100.00	%		100.00	%		100.00	%	$	29.73	$	29.71	$	29.72		32,385		11,774		159,230		222,786
Danbury	Airport Plaza	Buffalo Wild Wings				100	%		2002		8,116		24,914		33,030		100.00	%		86.38	%		89.73	%	$	26.95	$	28.21	$	27.87		49,025		17,097		66,458		78,825
Bethel	The Hub	Rite Aid & Bozzutos Inc				100	%		2014		21,480		9,460		30,940		100.00	%		100.00	%		100.00	%	$	19.83	$	25.64	$	21.61		61,425		22,020		64,551		71,708
Greenwich	Cos Cob Plaza	Jos. A Banks Clothing				100	%		2013		4,025		10,827		14,852		100.00	%		81.77	%		86.71	%	$	38.00	$	43.89	$	42.05		69,025		25,447		117,146		179,593
Monroe	Starbuck's Plaza	Starbucks				100	%		2007		1,658		8,483		10,141		100.00	%		100.00	%		100.00	%	$	38.50	$	21.90	$	24.61		16,558		5,814		117,079		138,773
Greenwich	Greenwich Commons	Cosi				100	%		2013		2,400		7,344		9,744		100.00	%		100.00	%		100.00	%	$	73.50	$	73.79	$	73.72		70,820		26,000		109,587		164,731
Waterbury	Friendly's - Waterbury	Friendly's				100	%		2013		4,747		-		4,747		100.00	%		0.00	%		100.00	%	$	31.60	$	-	$	31.60		79,359		30,649		44,216		53,565
Unionville	Friendly's - Unionville		N/	A		100	%		2013		3,254		-		3,254		0.00	%		0.00	%		0.00	%	$	-	$	-	$	-		26,353		10,340		95,338		120,209
											829,931		1,295,532		2,125,463		99.6	%		92.5	%		95.3	%	$	16.64	$	22.85	$	20.31
New York
Yorktown	Staples Plaza	Staples				100	%		2005		24,000		92,557		116,557		100.0	%		64.7	%		72.0	%	$	12.86	$	22.73	$	19.91		33,270		11,759		101,560		118,703
Ossining	Arcadian	Stop & Shop Supermarket				100	%		1998		64,858		72,399		137,257		100.0	%		100.0	%		100.0	%	$	12.13	$	24.55	$	18.68		33,939		12,450		103,805		115,540
Somers	Somers Commons	Home Goods				100	%		2003		30,000		104,760		134,760		100.0	%		94.2	%		95.5	%	$	17.50	$	19.98	$	19.40		17,424		6,253		93,269		105,909
Carmel	Carmel ShopRite Center	ShopRite Supermarket				100	%		1995		48,806		80,078		128,884		100.0	%		96.1	%		97.6	%	$	12.00	$	14.78	$	13.70		18,825		7,326		119,110		143,797
Somers	Towne Centre at Somers	CVS				100	%		1999		14,013		66,401		80,414		100.0	%		94.3	%		95.3	%	$	31.07	$	29.68	$	29.93		34,668		11,883		104,300		127,658
Orangeburg	Orangetown Shopping Center	CVS				32	%		2012		12,410		62,929		75,339		100.0	%		94.3	%		95.3	%	$	28.29	$	17.26	$	19.17		111,440		42,193		146,297		186,590
Eastchester	Eastchester Mall	A&P Fresh				100	%		1997		29,754		40,132		69,886		100.0	%		100.0	%		100.0	%	$	3.71	$	36.87	$	22.75		227,135		87,166		66,880		80,041
Yonkers	McLean Shopping Center	A&P Fresh				54	%		2014		35,000		22,989		57,989		100.0	%		100.0	%		100.0	%	$	2.09	$	45.47	$	19.29		555,073		205,526		52,527		63,144
Rye	Rye Portfolio		N/	A		100	%		2004		-		39,182		39,182		0.0	%		100.0	%		100.0	%	$	-	$	33.15	$	33.15		80,165		28,103		106,604		153,053
Briarcliff Manor	Chilmark	CVS				100	%		2001		13,900		32,838		46,738		100.0	%		84.5	%		89.1	%	$	36.00	$	36.02	$	36.02		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	$	20.57	$	17.84		40,811		13,705		112,272		133,681
Katonah	Village Commons	Mrs. Green's				100	%		2010		2,836		25,152		27,988		100.0	%		100.0	%		100.0	%	$	41.48	$	38.55	$	38.84		14,947		4,894		131,557		182,505
Pelham	Pelham	Manor Market				100	%		2006		10,000		14,916		24,916		100.0	%		100.0	%		100.0	%	$	20.00	$	40.32	$	32.16		297,881		112,401		61,377		76,864
Eastchester	Eastchester Plaza	CVS				100	%		2012		13,506		10,195		23,701		100.0	%		100.0	%		100.0	%	$	30.50	$	36.26	$	32.98		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	$	30.50	$	25.65		254,868		97,349		77,713		95,179
Somers	Heritage 202	Putnam County Savings Bank				100	%		1992		3,184		16,074		19,258		100.0	%		93.8	%		94.8	%	$	45.50	$	29.82	$	32.56		19,978		7,698		117,392		141,086
Carmel	Friendly's - Carmel	Friendly's				100	%		2013		3,660		-		3,660		100.0	%		0.0	%		100.0	%	$	35.43	$	-	$	35.43		19,094		6,802		90,862		104,003
Kingston	Friendly's - Kingston		N/	A		100	%		2013		3,460		-		3,460		0.0	%		0.0	%		0.0	%	$	-	$	-	$	-		19,113		7,864		49,465		59,514
											338,472		699,329		1,037,801		99.0	%		92.1	%		94.3	%	$	15.74	$	26.01	$	22.50

New Jersey
Midland Park	Midland Park Shopping Center	Kings Supermarket			100	%	2015	29,550	100,775	130,325	100.0	%	100.0	%	100.0	%	$	21.29	$	21.11	$	21.15	106,870	38,585	130,986	166,242
Pompton Lakes	Pompton Lakes Town Square	A&P Supermarket			100	%	2015	62,845	62,368	125,213	100.0	%	88.1	%	94.1	%	$	19.80	$	22.91	$	21.25	50,024	18,960	97,398	113,230
New Providence	Village Shopping Center	A&P Supermarket			100	%	2013	45,540	63,119	108,659	100.0	%	100.0	%	100.0	%	$	21.75	$	31.50	$	27.41	61,922	22,078	144,650	188,830
Newark	Ferry Plaza	Pathmark Supermarket			84	%	2008	63,433	44,633	108,066	100.0	%	89.5	%	95.7	%	$	19.15	$	28.44	$	22.74	217,910	72,283	42,507	51,497
Wayne	Valley Ridge	A&P Supermarket			100	%	1992	36,000	65,129	101,129	100.0	%	94.9	%	96.7	%	$	15.00	$	30.76	$	24.95	44,589	15,684	89,700	106,009
Emerson	Shop Rite Plaza	ShopRite Supermarket			100	%	2007	53,450	38,805	92,255	100.0	%	85.9	%	94.1	%	$	9.20	$	23.96	$	14.87	93,236	32,727	107,812	122,143
Kinnelon	Meadtown Shopping Center	Marshall's			100	%	2015	24,511	52,360	76,871	100.0	%	100.0	%	100.0	%	$	16.00	$	22.36	$	20.33	28,448	11,350	97,449	111,201
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	$	33.11	$	13.38	285,076	107,498	64,739	78,256
Boonton	Boonton A&P Center	A&P Supermarket			100	%	2014	49,463	13,278	62,741	100.0	%	100.0	%	100.0	%	$	19.21	$	31.00	$	21.70	44,917	16,884	106,868	129,527
Wyckoff	Cedar Hill Shopping Center	Walgreen's			100	%	2015	15,960	27,410	43,370	100.0	%	91.4	%	94.6	%	$	20.07	$	28.73	$	25.36	82,600	29,960	128,250	171,576
Waldwick	Waldwick Rite Aid	Rite Aid			100	%	2007	20,000	-	20,000	100.0	%	0.0	%	100.0	%	$	22.62	$	-	$	22.62	76,754	27,193	142,405	185,006
Bernardsville	Bernards Square Office Building		N/	A	100	%	2013	-	14,405	14,405	0.0	%	73.0	%	73.0	%	$	-	$	27.93	$	27.93	19,059	6,593	145,235	207,918
Chester	Clockwork Childcare Center	Little Sprouts			100	%	2013	9,120	-	9,120	100.0	%	0.0	%	100.0	%	$	24.00	$	-	$	24.00	9,447	3,218	164,650	250,629
Bloomfield	Friendly's - Bloomfield	Friendly's			100	%	2013	2,630	-	2,630	100.0	%	0.0	%	100.0	%	$	41.33	$	-	$	41.33	191,823	73,393	83,381	102,344
Hillsdale	Friendly's - Hillsdale	Friendly's			100	%	2013	2,457	-	2,457	100.0	%	0.0	%	100.0	%	$	32.61	$	-	$	32.61	76,705	27,153	119,354	136,990
								454,659	498,917	953,576	100.0	%	94.6	%	97.2	%	$	17.23	$	26.19	$	21.80
New Hampshire
Newington	Newington Plaza	Savers			100	%	1979	27,167	74,936	102,103	100.0	%	95.2	%	96.5	%	$	9.80	$	16.54	$	14.68	17,701	8,590	64,817	76,847
Total Consolidated								1,650,229	2,568,714	4,218,943	99.6	%	92.9	%	95.5	%	$	16.51	$	24.18	$	21.05
										4,138,049					94.81	%
Unconsolidated Joint Ventures
Scarsdale, NY	Midway Shopping Center	ShopRite Supermarket			12	%	2010	69,692	177,775	247,467	100.0	%	98.9	%	99.2	%	$	13.44	$	31.12	$	26.10	114,418	43,359	132,018	162,698
Carmel, NY	Putnam Plaza	Hannaford Brothers			67	%	2010	60,858	128,536	189,394	100.0	%	95.0	%	96.6	%	$	6.94	$	17.66	$	14.10	19,114	6,812	90,765	103,841
Riverhead, NY	Gateway Plaza	Walmart			50	%	2014	167,951	26,500	194,451	100.0	%	100.0	%	100.0	%	$	6.15	$	25.19	$	8.75	16,475	6,032	61,909	70,656
Montvale, NJ	Chestnut Ridge	The Fresh Market Inc.			50	%	2013	19,205	57,130	76,335	100.0	%	100.0	%	100.0	%	$	22.49	$	30.49	$	28.48	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	%	85.7	%	87.7	%	$	38.15	$	34.18	$	34.81	88,092	28,853	92,610	105,302
Riverhead, NY	Applebee's Plaza	Applebee's			50	%	2014	5,363	3,060	8,423	100.0	%	100.0	%	100.0	%	$	23.39	$	25.00	$	23.97	16,475	6,032	61,909	70,656
Total Unconsolidated								326,424	414,001	740,425	100.0	%	97.3	%	98.5	%	$	9.43	$	26.65	$	18.94
Total Core Portfolio								1,976,653	2,982,715	4,959,368	99.7	%	93.5	%	95.95	%	$	15.33	$	24.53	$	20.72
Property Under Development
White Plains	Westchester Pavilion	Westchester Board of Realtors			100	%	2003	15,614	173,601	189,215	100.0	%	2.3	%	10.4	%	$	27.50	$	5.08	$	22.91	104,063	40173	104,821	132,219
Total Portfolio								1,992,267	3,156,316	5,148,583

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

1

URSTADT BIDDLE PROPERTIES INC.

Core Portfolio Same - Store Operating Income Disclosure

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

	Year Ended April 30,									Three Months Ended April 30,
	2015			2014			% Change			2015			2014			% Change
Number of Properties		56			56						56			56
Consolidated Core property leased rate		95.5	%		94.8	%		0.7	%		95.5	%		94.8	%		0.7	%
Consolidated Core property occupancy rate		94.9	%		94.2	%		0.7	%		94.9	%		94.2	%		0.7	%
Revenue (Note 2)
Minimum Rent	$	34,085		$	32,592			4.6	%	$	17,045		$	16,390			4.0	%
Recoveries from tenants		12,956			11,485			12.8	%		7,011			5,744			22.1	%
Other property income		577			462			24.9	%		391			184			112.6	%
		47,619			44,539			6.9	%		24,447			22,318			9.5	%
Expenses
Property operating		7,419			6,853			8.3	%		4,433			3,722			19.1	%
Property taxes		7,299			7,274			0.3	%		3,624			3,569			1.5	%
Other non-recoverable operating expenses		943			978			-3.6	%		542			536			1.2	%
		15,661			15,104			3.7	%		8,599			7,827			9.9	%
Net Operating Income	$	31,958		$	29,435			8.6	%	$	15,848		$	14,491			9.4	%
Operating Expense Ratio (Note 1)		88.0	%		81.3	%		8.3	%		87.0	%		78.8	%		10.5	%

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

2

URSTADT BIDDLE PROPERTIES INC.

Leasing Activity

Rolling Last 4 Quarters ended April 30, 2015

	Leases		Square		New Rent		Prior Rent		Cash Basis
	Signed		Feet		Per Sq. Ft (a)		Per Sq. Ft. (a)		Change
Total Comparable Leases:
2nd Quarter 2015		57		171,442	$	25.83	$	25.30		2.1	%
1st Quarter 2015		28		69,571	$	26.17	$	24.70		6.0	%
4th Quarter 2014		38		110,224	$	25.37	$	24.77		2.4	%
3rd Quarter 2014		42		170,421	$	21.37	$	22.16		-3.6	%
Totals		165		521,658		24.32		24.08		1.0	%
New Leases - Comparable:
2nd Quarter 2015		18		46,749	$	26.28	$	28.86		-8.9	%
1st Quarter 2015		15		53,604	$	25.33	$	23.33		8.5	%
4th Quarter 2014		11		30,895	$	25.57	$	27.03		-5.4	%
3rd Quarter 2014		15		72,120	$	23.85	$	26.03		-8.4	%
Totals		59		203,368		25.06		26.12		-4.1	%
Renewals - Comparable:
2nd Quarter 2015		39		124,693	$	25.66	$	23.96		7.1	%
1st Quarter 2015		13		15,967	$	29.01	$	29.27		-0.9	%
4th Quarter 2014		27		79,329	$	25.29	$	23.89		5.9	%
3rd Quarter 2014		27		98,301	$	19.56	$	19.33		1.2	%
Totals		106		318,290		23.85		22.78		4.7	%

(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.

3