SH Ind Urban <563> continuing connected transactions in relation to property mgmt services

Urban Edge Properties (UE) continues to demonstrate consistent performance in its property management services, driven by a focused strategy on high-density markets along the D.C. to Boston corridor. In 2025, the company achieved a 6% year-over-year increase in FFO as Adjusted, surpassing its original investor goal of $1.35 per share. This growth reflects the company’s ability to generate attractive risk-adjusted returns while enhancing communities through strategic leasing and redevelopment.

UE’s portfolio consists of 74 properties totaling 17.3 million square feet of gross leasable area (GLA), with 80% of its assets anchored by grocery tenants. The company’s properties are located in affluent, densely populated submarkets, with a 3-mile median household income of $95,000 and a population density of 200,000. These characteristics support a stable tenant base and long-term value appreciation.

The company’s conservative balance sheet further supports its growth trajectory, with less than 8% of total outstanding debt maturing in the next two years. This financial flexibility allows UE to pursue its pipeline of executed leases and redevelopment opportunities, which are expected to drive future growth.

Recent developments in UE’s portfolio highlight its commitment to enhancing community value. For example, Bergen Town Center has revitalized its retail mix with new dining, fitness, and fashion concepts. Similarly, Woodmore Towne Centre has seen strategic tenant additions, including a modern Indian sports bar and restaurant. These initiatives align with UE’s mission to improve retail real estate while delivering strong returns to shareholders.

UE’s continued success in property management services underscores its role as a key player in the real estate sector, particularly in markets where strategic redevelopment and tenant diversification are critical to long-term performance. ——————

Output Instructions

Process the entire article and return ONLY the formatted text with markdown citations, using the most appropriate citation style for each instance.