Urstadt Biddle Properties is a real estate investment trust engaged in the acquisition, ownership and management of commercial real estate. Co.'s business is the ownership of real estate investments, which consist principally of investments in various properties, with primary focus on neighborhood and community shopping centers in the metropolitan New York tri-state area outside of the City of New York. In addition to its business of owning and managing real estate, Co. is also involved in the beer, wine and spirits retail business, through its ownership of six subsidiary corporations. Co. also engages in solar array installations and electrical vehicle charging stations.