EXHIBIT 99.1

URSTADT BIDDLE PROPERTIES INC.

SUPPLEMENTAL INFORMATION

April 30, 2023

URSTADT BIDDLE PROPERTIES INC

321 RAILROAD AVENUE

GREENWICH, CT 06830 203‐863‐8200

URSTADT BIDDLE PROPERTIES INC.

SUPPLEMENTAL INFORMATION

April 30, 2023

TABLE OF CONTENTS

1	PROPERTY PORTFOLIO
2	SAME PROPERTY OPERATING INCOME – THREE AND SIX MONTHS PERIOD ENDED APRIL 30, 2023 AND 2022
3	NEW AND RENEWAL LEASING STATISTICS – ROLLING 4 QUARTERS ENDED APRIL 30, 2023

URSTADT BIDDLE PROPERTIES INC.

Property Portfolio - Detail

As of April 30, 2023

																																Property Demographics ₁
																																3-Mile Radius
										Gross Leasable Area						Percentage Leased									Annualized Base Rent PSF for Leased Space							Total		Number of		Average Household		Median 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		72,000		293,411		365,411		100.00	%		81.70	%		85.30	%	$	33.28	$	30.46		$	31.11		143,500		55,000		162,400		109,900
Stratford	The Dock		Stop & Shop Supermarket / BJ's Wholesale			100	%		2005		167,754		110,731		278,485		100.00	%		98.92	%		99.6	%	$	17.87	$	(25.94	)	$	19.89		90,300		35,700		86,900		71,900
New Milford	New Milford Plaza		Wal-Mart / Stop & Shop Supermarket			100	%		2010		177,028		58,216		235,244		100.00	%		100.00	%		100.0	%	$	7.17	$	15.93		$	9.34		18,800		7,300		118,600		91,400
Danbury₂	Danbury Square		Christmas Tree Shops			100	%		1995		47,555		146,407		193,962		100.00	%		89.28	%		91.9	%	$	22.00	$	14.33		$	16.38		48,800		17,000		94,400		70,800
Shelton	Shelton Square		Stop & Shop Supermarket / TJX			100	%		2022		92,650		95,926		188,576		100.00	%		96.13	%		98.0	%	$	19.54	$	18.19		$	18.87		38,700		15,100		129,900		101,400
Darien	Goodwives		Stop & Shop Supermarket			100	%		1998		42,083		53,675		95,758		100.00	%		82.38	%		90.1	%	$	33.99	$	41.03		$	37.59		68,300		24,800		200,500		118,200
Stamford	High Ridge Center		Trader Joe's Supermarket			30	%		2017		13,265		73,857		87,122		100.00	%		61.88	%		67.7	%	$	40.67	$	56.63		$	53.04		56,300		20,400		216,300		145,100
New Milford	Veteran's Plaza		Big Y Supermarket			100	%		2008		55,450		25,821		81,271		100.00	%		93.28	%		97.9	%	$	8.86	$	19.53		$	12.09		20,400		7,800		103,000		77,600
Orange	Orange Meadows		Trader Joe's Supermarket/TJ Maxx			100	%		2003		38,313		39,236		77,549		100.00	%		96.61	%		98.3	%	$	18.61	$	29.61		$	24.08		49,100		19,400		113,000		94,000
Stamford	Newfield Green		Grade A Market			100	%		2016		30,780		43,308		74,088		100.00	%		97.46	%		98.5	%	$	24.04	$	48.24		$	38.04		133,000		51,200		157,100		107,200
New Milford	Fairfield Plaza		Staples			100	%		2011		20,388		51,599		71,987		100.00	%		83.47	%		88.2	%	$	15.00	$	15.56		$	15.38		15,100		5,900		114,100		86,300
Fairfield	Fairfield Center		Marshalls			100	%		2011		32,714		28,939		61,653		100.00	%		100.00	%		100.0	%	$	24.51	$	27.42		$	25.88		72,400		26,000		135,700		98,400
Ridgefield	Ridgefield			N/A		100	%		1998		-		61,880		61,880		0.00	%		97.52	%		97.5	%	$	-	$	25.05		$	25.05		20,400		7,400		238,200		162,800
Greenwich Offices	Various		Various			100	%	Various			-		57,746		57,746		0.00	%		93.05	%		93.1	%	$	-	$	32.30		$	32.30		71,900		26,500		185,100		111,700
Greenwich	Cos Cob Commons		CVS			100	%		2014		15,629		32,018		47,647		100.00	%		94.17	%		96.1	%	$	70.24	$	43.61		$	52.70		67,500		24,500		242,000		136,700
Westport	Greens Farm		BevMax			100	%		2003		14,100		25,554		39,654		100.00	%		24.43	%		51.3	%	$	18.10	$	42.32		$	25.53		31,500		11,400		276,900		166,300
Greenwich	Kings Shopping Center		Kings Supermarket			100	%		2014		18,432		20,894		39,326		100.00	%		82.95	%		90.9	%	$	30.22	$	41.30		$	35.59		104,600		40,900		188,000		117,500
Derby	Aldi Square		Aldi Supermarket			100	%		2017		19,069		18,722		37,791		100.00	%		100.00	%		100.0	%	$	9.47	$	23.08		$	16.21		55,200		22,100		88,200		72,500
Danbury	Airport Plaza		Buffalo Wild Wings			100	%		2002		8,116		24,547		32,663		100.00	%		100.00	%		100.0	%	$	29.65	$	29.99		$	29.90		53,000		18,700		93,800		71,100
Bethel	The Hub		Rite Aid/La Placita Market			100	%		2014		21,480		9,506		30,986		100.00	%		52.18	%		85.3	%	$	15.60	$	25.19		$	17.40		63,800		22,800		84,700		68,500
Stamford	970 High Ridge		FedEx Office			100	%		2016		6,734		20,599		27,333		100.00	%		93.75	%		95.3	%	$	42.00	$	30.62		$	33.56		59,300		22,100		206,000		137,500
Ridgefield	Yankee Ridge Center			N/A		100	%		2018		-		22,957		22,957		0.00	%		100.00	%		100.0	%	$	-	$	24.79		$	24.79		21,800		7,900		229,700		157,800
Greenwich	Cos Cob Plaza		Veterinary Emergency Group			100	%		2013		4,025		10,880		14,905		100.00	%		98.33	%		98.8	%	$	60.00	$	48.04		$	51.31		75,400		27,200		243,300		135,900
Greenwich	Greenwich Commons		Wells Fargo			100	%		2013		2,400		7,344		9,744		100.00	%		100.00	%		100.0	%	$	88.00	$	87.22		$	87.41		68,700		25,100		207,600		122,400
Greenwich	Old Greenwich - CVS		CVS			30	%		2017		8,000		-		8,000		100.00	%		0.00	%		100.0	%	$	30.17	$	-		$	30.17		104,600		40,900		188,000		117,500
Stamford	High Ridge - Chase		J.P Morgan Chase Bank			30	%		2017		4,160		-		4,160		100.00	%		0.00	%		100.0	%	$	81.78	$	-		$	81.78		57,800		21,400		208,100		139,600
Stratford	Knott's Landing		Chipotle			100	%		2020		2,400		800		3,200		100.00	%		100.00	%		100.0	%	$	57.50	$	118.00		$	72.63		91,000		35,800		85,800		71,100
											914,525		1,334,573		2,249,098		100.0	%		87.9	%		92.8	%	$	20.41	$	23.58		$	24.76

New York
Brewster	Lakeview Plaza		Acme Supermarket			100	%		2018		45,366		128,808		174,174		100.0	%		83.6	%		87.9	%	$	9.50	$	21.52		$	17.96		15,400		5,600		115,400		100,800
Carmel	Carmel ShopRite Center		ShopRite Supermarket			100	%		1995		65,342		80,124		145,466		100.0	%		88.4	%		93.6	%	$	10.86	$	16.06		$	13.57		15,500		5,600		116,600		92,700
Ossining	Arcadian		Stop & Shop Supermarket			100	%		1998		64,858		72,404		137,262		100.0	%		85.3	%		92.2	%	$	20.88	$	26.75		$	23.74		42,300		14,100		150,400		106,500
Somers6	Somers Commons		Goodwill / Tractor Supply			100	%		2003		40,573		94,187		134,760		100.0	%		92.4	%		94.7	%	$	18.51	$	21.20		$	20.35		31,600		11,800		137,200		109,500
Yorktown3	Staples Plaza		Staples			100	%		2005		15,322		107,669		122,991		100.0	%		86.6	%		88.2	%	$	20.00	$	24.04		$	23.47		31,400		11,400		138,800		110,900
Somers	Towne Centre at Somers		CVS			100	%		1999		14,013		66,140		80,153		100.0	%		98.5	%		98.8	%	$	31.94	$	31.70		$	31.74		22,100		8,400		161,800		129,500
Orangeburg	Orangetown Shopping Center		CVS			44	%		2012		12,410		61,868		74,278		100.0	%		94.5	%		95.4	%	$	31.78	$	19.45		$	21.61		44,500		14,900		152,100		117,100
Eastchester	DeCicco's Plaza		DeCicco & Sons Market			100	%		1997		29,754		40,132		69,886		100.0	%		80.5	%		88.8	%	$	25.00	$	43.52		$	34.64		112,700		42,600		240,900		146,300
Yonkers	McLean Shopping Center		Acme Supermarket			53	%		2014		35,000		22,989		57,989		100.0	%		96.1	%		98.5	%	$	2.20	$	54.38		$	22.39		539,200		202,200		75,000		58,200
Briarcliff Manor4	Chilmark		CVS			100	%		2001		13,900		32,838		46,738		100.0	%		94.4	%		96.0	%	$	36.00	$	33.72		$	34.43		44,500		15,000		150,000		107,800
Rye	Rye Portfolio			N/A		100	%		2004		-		38,682		38,682		0.0	%		100.0	%		100.0	%	$	-	$	42.09		$	42.09		75,600		26,100		185,400		116,700
Ossining	Rockledge		Westchester Community College			100	%		1999		12,558		16,449		29,007		100.0	%		78.9	%		88.1	%	$	18.75	$	25.13		$	21.99		42,300		14,100		150,400		106,500
Katonah	Village Commons			N/A		100	%		2010		-		27,921		27,921		0.0	%		85.3	%		85.3	%	$	-	$	39.10		$	39.10		15,600		5,200		196,700		124,500
Yonkers	Tanglewood Shopping Center		Autozone			100	%		2018		8,300		18,675		26,975		100.0	%		100.0	%		100.0	%	$	32.64	$	43.97		$	40.48		135,700		51,800		183,400		126,200
Harrison	Harrison Shopping Center		Key Food			100	%		2015		12,018		14,175		26,193		100.0	%		100.0	%		100.0	%	$	25.03	$	39.96		$	33.11		70,300		24,600		219,100		130,300
Pelham	Pelham		Mason Supermarket			100	%		2006		10,000		14,915		24,915		100.0	%		79.5	%		87.7	%	$	23.35	$	44.18		$	34.65		307,200		115,600		91,800		70,800
Eastchester	Eastchester Plaza		CVS			100	%		2012		13,506		10,195		23,701		100.0	%		100.0	%		100.0	%	$	33.55	$	37.44		$	35.22		112,700		42,600		240,900		146,300
Somers	Heritage 202		Putnam County Savings Bank			100	%		1992		3,184		16,074		19,258		100.0	%		100.0	%		100.0	%	$	52.32	$	30.85		$	34.40		21,000		8,000		153,900		126,700
Bronxville & Yonkers		N/A	M&T Bank/ JP Morgan Chase Bank			100	%		2008 & 2009		16,527		2,278		18,805		100.0	%		100.0	%		100.0	%	$	20.83	$	36.71		$	22.75		263,900		101,100		115,400		86,300
Kingston	Kingston		Taste of Italy			100	%		2013		3,372		-		3,372		100.0	%		0.0	%		100.0	%	$	28.73	$	-		$	28.73		20,500		8,500		72,600		54,100
New City	New City Pad		Putnam County Savings Bank			100	%		2018		2,596		-		2,596		100.0	%		0.0	%		100.0	%	$	51.74	$	-		$	51.74		68,200		20,900		142,400		116,200
											418,599		866,523		1,285,122		100.0	%		89.8	%		93.1	%	$	18.99	$	28.02		$	24.86
Note 1 - Demographics provided by Real Estate Intelligence, Feb 2023
Note 2 - Leased square footage includes 65,700 of square feet for former Toy's "R" Us and Babies "R" Us space now owned by OSJ of Danbury, LLC at zero rent.
Note 3 - Property is shadow anchored by a BJ's Wholesale Club
Note 4 - Property is shadow anchored by an Acme Supermarket
Note 5 - Property is shadow anchored by an Lidl Supermarket
Note 6 - Property is shadow anchored by an Stop & Shop Supermarket

New Jersey
Midland Park	Midland Park Shopping Center		Kings Supermarket			100	%		2015		29,550		100,775		130,325		100.0	%		64.9	%		72.9	%	$	24.49	$	27.13		$	26.31		108,800		39,200		182,400		140,100
New Providence	Village Shopping Center		Acme Supermarket			100	%		2013		45,464		63,163		108,627		100.0	%		100.0	%		100.0	%	$	22.75	$	35.55		$	30.19		59,200		21,100		241,800		158,100
Newark	Ferry Plaza		Seabra Foods			100	%		2008		63,433		44,435		107,868		100.0	%		100.0	%		100.0	%	$	14.27	$	32.05		$	21.60		219,900		73,200		58,800		44,700
Wayne	Valley Ridge		Whole Foods			100	%		1992		38,792		64,188		102,980		100.0	%		96.2	%		97.6	%	$	16.50	$	34.86		$	27.78		118,600		39,000		99,900		81,400
Pompton Lakes5	Pompton Lakes Town Square		Planet Fitness			100	%		2015		18,000		47,987		65,987		100.0	%		90.1	%		92.8	%	$	18.97	$	27.95		$	25.31		50,400		18,800		124,600		104,200
Emerson	Shop Rite Plaza		ShopRite Supermarket			100	%		2007		53,450		39,212		92,662		100.0	%		74.5	%		89.2	%	$	9.57	$	25.07		$	15.05		94,900		33,400		154,900		124,900
Kinnelon	Meadtown Shopping Center		Marshall's			100	%		2015		24,511		52,360		76,871		100.0	%		100.0	%		100.0	%	$	17.00	$	27.79		$	24.35		28,700		11,000		124,900		102,900
Dumont	Washington Commons		Stop & Shop Supermarket			43	%		2017		44,282		29,905		74,187		100.0	%		84.0	%		93.5	%	$	20.42	$	33.91		$	25.30		141,900		49,000		147,100		117,000
Boonton	Boonton Acme Center		Acme Supermarket			100	%		2014		49,463		13,278		62,741		100.0	%		86.2	%		97.1	%	$	21.37	$	37.95		$	24.49		47,900		18,400		148,300		111,900
Bloomfield	Bloomfield Crossing		Walgreen's / Food World			100	%		2014		42,548		16,688		59,236		100.0	%		100.0	%		100.0	%	$	7.06	$	36.32		$	15.30		328,700		123,300		98,200		78,100
Wyckoff	Cedar Hill Shopping Center		Walgreen's			100	%		2015		15,960		27,410		43,370		100.0	%		100.0	%		100.0	%	$	26.68	$	32.42		$	30.31		82,500		29,900		178,700		133,400
Passaic	Van Houton Farms		Dollar Tree/Family Dollar			100	%		2017		20,816		15,703		36,519		100.0	%		79.9	%		91.4	%	$	10.50	$	13.38		$	11.58		285,600		99,000		95,900		77,300
Waldwick	Waldwick Plaza		United States Postal Service			100	%		2017		5,567		20,954		26,521		100.0	%		87.8	%		90.3	%	$	26.00	$	28.23		$	27.71		79,800		27,800		202,900		150,000
Waldwick	Waldwick Rite Aid		Rite Aid			100	%		2007		20,000		-		20,000		100.0	%		0.0	%		100.0	%	$	30.42	$	-		$	30.42		79,700		27,800		203,300		149,900
Fort Lee	H-Mart Plaza		H-Mart			100	%		2015		7,000		-		7,000		100.0	%		0.0	%		100.0	%	$	44.11	$	-		$	44.11		545,900		208,500		83,600		62,700
											478,836		536,058		1,014,894		100.0	%		87.9	%		93.6	%	$	17.84	$	30.69		$	24.21

Total Consolidated											1,811,960		2,737,154		4,549,114		100.0	%		88.5	%		93.10	%	$	19.40	$	26.39		$	24.67

Unconsolidated Joint Ventures
Scarsdale, NY	Midway Shopping Center		ShopRite Supermarket			12	%		2010		73,758		170,544		244,302		100.0	%		97.8	%		98.5	%	$	17.15	$	34.41		$	29.12		112,400		42,100		217,400		140,600
Riverhead, NY	Gateway Plaza		Walmart			50	%		2014		167,951		30,350		198,301		100.0	%		100.0	%		100.0	%	$	6.15	$	27.96		$	9.49		19,300		7,200		71,500		58,600
Carmel, NY	Putnam Plaza		Tops Markets			67	%		2010		60,858		128,536		189,394		100.0	%		85.7	%		90.3	%	$	8.29	$	20.22		$	15.97		16,500		5,900		120,400		101,600
Montvale, NJ	Chestnut Ridge		The Fresh Market			50	%		2013		19,205		57,183		76,388		100.0	%		85.3	%		89.0	%	$	24.56	$	30.61		$	28.90		53,300		18,600		194,200		143,400
Riverhead, NY	Applebee's Plaza		Applebee's			50	%		2014		5,363		7,194		12,557		100.0	%		100.0	%		100.0	%	$	30.93	$	36.63		$	34.20		19,300		7,200		71,500		58,600
Total Unconsolidated											327,135		393,807		720,942		100.0	%		92.2	%		95.76	%	$	10.52	$	29.10		$	20.29

Total Core Portfolio											2,139,095		3,130,961		5,270,056		100.0	%		89.0	%		93.46	%	$	18.04	$	26.74		$	24.05

Note 1 - Demographics provided by Real Estate Intelligence, Feb 2023
Note 2 - Leased square footage includes 65,700 of square feet for former Toy's "R" Us and Babies "R" Us space now owned by OSJ of Danbury, LLC at zero rent.
Note 3 - Property is shadow anchored by a BJ's Wholesale Club
Note 4 - Property is shadow anchored by an Acme Supermarket
Note 5 - Property is shadow anchored by an Lidl Supermarket
Note 6 - Property is shadow anchored by an Stop & Shop Supermarket

URSTADT BIDDLE PROPERTIES INC.

Same Property Operating Income Disclosure

As of April 30, 2023

	Six Months Ended April 30,									Three Months Ended Apr 30,
	2023			2022			% Change			2023			2022			% Change
Same Property Operating Results:

Number of Properties (Note 1)	70									70

Revenue (Note 2)
Base Rent (Note 3)	$	51,983		$	50,999			1.9	%	$	26,029		$	25,765			1.0	%
Provision for tenant credit losses-same property		(459	)		(152	)		202.0	%		(355	)		(39	)		822.2	%
ASC Topic 842 cash-basis lease income reversal-same property		2			(10	)		-120.0	%		(122	)		77			-257.1	%
Recoveries from tenants		16,545			17,429			-5.1	%		7,857			8,159			-3.7	%
Other property income		273			1,130			-75.8	%		136			794			-82.9	%

		68,344			69,396			-1.5	%		33,545			34,756			-3.5	%
Expenses
Property operating		7,959			7,993			-0.4	%		3,865			4,091			-5.5	%
Property taxes		11,721			11,681			0.3	%		5,828			5,768			1.0	%
Other non-recoverable operating expenses		1,365			1,139			19.8	%		718			590			21.8	%

		21,045			20,813			1.1	%		10,411			10,449			-0.4	%
Same Property Net Operating Income
		47,299			48,583			-2.6	%		23,134			24,307			-4.8	%
Other reconciling items:
Other non same-property net operating income		1,460			744						714			714
Other Interest income		420			286						240			161
Other Dividend income		24			44						16			36
Consolidated lease termination income		1,572			60						15			32
Consolidated amortization of above and below market leases		369			396						186			222
Consolidated straight line rent income		602			(55	)					230			(60	)
Equity in net income of unconsolidated joint ventures		868			590						448			323
Taxable REIT subsidiary income/(loss)		(359	)		(135	)					(356	)		(321	)
Solar income/(loss)		6			(292	)					4			(81	)
Unrealized holding gains arising during the periods		-			-						-			-
Gain on sale of marketable securities		-			-						-			-
Interest expense		(7,323	)		(6,564	)					(3,676	)		(3,262	)
General and administrative expenses		(5,503	)		(5,188	)					(2,777	)		(2,508	)
Provision for tenant credit losses		(459	)		(152	)					(355	)		(39	)
Provision for tenant credit losses-same property		459			152						355			39
ASC Topic 842 cash-basis lease income reversal		2			(10	)					(122	)		77
ASC Topic 842 cash-basis lease income reversal-same property		(2	)		10						122			(77	)
Directors fees and expenses		(222	)		(201	)					(103	)		(94	)
Depreciation and amortization		(15,975	)		(14,716	)					(7,571	)		(7,572	)
Adjustment for intercompany expenses and other		(2,715	)		(3,175	)					(1,053	)		(1,239	)

Total other -net		(26,776	)		(28,206	)					(13,683	)		(13,649	)

Income from continuing operations		20,523			20,377			0.7	%		9,451			10,658			-11.3	%
Gain (loss) on sale of real estate		(6	)		768						(2	)		766
Net income		20,517			21,145			-3.0	%		9,449			11,424			-17.3	%
Net income attributable to noncontrolling interests		(1,692	)		(1,814	)					(839	)		(903	)
Net income attributable to Urstadt Biddle Properties Inc.	$	18,825		$	19,331			-2.6	%	$	8,610		$	10,521			-18.2	%

Same Property Operating Expense Ratio (Note 4)		84.1	%		88.6	%		-4.5	%		81.1	%		82.8	%		-1.7	%

Note 1 - Includes only properties owned for the entire period of both periods presented.

Note 2 - Excludes straight line rent, above/below market lease rent, lease termination income.

Note 3 - Base rents for the three and six month periods ended April 30, 2023 are reduced by approximately $0 and $0, respectively, in rents that were deferred and approximately $0 and $0, in rents that were abated because of COVID-19. Base rents for the three and six month periods ended April 30, 2023, are increased by approximately $8,000 and $27,000, respectively, in COVID-19 deferred rents that were billed and collected in the fiscal 2023 periods. Base rents for the three and six month periods ended April 30, 2022 are reduced by approximately $37,000 and $87,000, respectively, in rents that were deferred and approximately $33,000 and $156,000, in rents that were abated because of COVID-19. Base rents for the three and six month periods ended April 30, 2022, are increased by approximately $92,000 and $382,000, respectively, in COVID-19 deferred rents that were billed and collected in the fiscal 2022 periods.



Note 4 -Represents the percentage of property operating expense and real estate tax.

Non-GAAP Financial Measure - Net Operating Income:
We present Same Property Net Operating Income ("Same Property NOI"), which is a non-GAAP financial measure. Same Property NOI excludes from Net Operating Income (“NOI”) properties that have not been owned for the full periods presented. The most directly comparable GAAP financial measure to NOI is operating income. To calculate NOI, operating income is adjusted to add back depreciation and amortization, general and administrative expense, interest expense, amortization of above and below-market lease intangibles and to exclude straight-line rent adjustments, interest, dividends and other investment income, equity in net income of unconsolidated joint ventures, and gain/loss on sale of operating properties. We use Same Property NOI internally as a performance measure and believe Same Property NOI provides useful information to investors regarding our financial condition and results of operations because it reflects only those income and expense items that are incurred at the property level. Our management also uses Same Property NOI to evaluate property level performance and to make decisions about resource allocations. Further, we believe Same Property NOI is useful to investors as a performance measure because, when compared across periods, Same Property NOI reflects the impact on operations from trends in occupancy rates, rental rates and operating costs on an unleveraged basis, providing perspective not immediately apparent from income from continuing operations. Same Property NOI excludes certain components from net income attributable to Urstadt Biddle Properties Inc. in order to provide results that are more closely related to a property’s results of operations. For example, interest expense is not necessarily linked to the operating performance of a real estate asset and is often incurred at the corporate level as opposed to the property level. In addition, depreciation and amortization, because of historical cost accounting and useful life estimates, may distort operating performance at the property level. Same Property NOI presented by us may not be comparable to Same Property NOI reported by other REITs that define Same Property NOI differently.

URSTADT BIDDLE PROPERTIES INC.

Leasing Activity

As of April 30, 2023

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

Total Comparable Leases:
2nd Quarter 2023		56		129,508	$	24.90	$	25.39		-1.9	%
1st Quarter 2023		54		158,296	$	28.17	$	26.45		6.5	%
4th Quarter 2022		64		180,511	$	29.93	$	27.83		7.5	%
3rd Quarter 2022		51		254,136	$	20.10	$	19.77		1.7	%
Totals		225		722,451	$	25.18	$	24.26		3.8	%

New Leases - Comparable:
2nd Quarter 2023		16		25,662	$	33.08	$	32.13		2.9	%
1st Quarter 2023		18		73,893	$	20.90	$	18.95		10.3	%	(d)
4th Quarter 2022		23		72,165	$	26.48	$	22.20		19.3	%	(c)
3rd Quarter 2022		19		45,034	$	20.60	$	24.92		-17.3	%	(b)
Totals		76		216,754	$	24.14	$	22.83		5.7	%

Renewals - Comparable:
2nd Quarter 2023		40		103,846	$	22.87	$	23.72		-3.6	%	(e)
1st Quarter 2023		36		84,403	$	34.54	$	33.02		4.6	%
4th Quarter 2022		41		108,346	$	32.22	$	31.58		2.0	%
3rd Quarter 2022		32		209,102	$	19.99	$	18.66		7.1	%
Totals		149		505,697	$	25.63	$	24.86		3.1	%

(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.
(b) Includes a 21% decrease for 7,600 square feet at our Orangeburg property, a 41% decrease for 2,950 sqaure feet and a 27% decrease for 19,832 square feet at our Ridgeway property.
(c) Includes a 68% increase for 23,362 square feet at our Orange property, a 47% increase for 2,996 square feet at our Darien property, and a 28% decrease for 9,753 square feet at our Passaic property.
(d) Includes a 174% increase for 24,950 square feet at our Shelton property, a 10% increase for 3,573 square feet at our Yorktown property, and a 57% decrease for 2,730 square feet at our Ridgefield property and a 13% decrease for 26,573 square feet at our Somers property
(e) Includes a 20% increase for 6,750 square feet at our Danbury property, a 8% increase for 7,819 square feet at our Newark property, and a 15% decrease for 20,000 square feet at our Yorktown property and a 13% decrease for 26,573 square feet at our Somers property

URSTADT BIDDLE PROPERTIES INC 8-K