By: Benzinga
January 04, 2013 at 16:27 PM EST
Urstadt Biddle Properties Buys Two Properties in New Jersey
Urstadt Biddle Properties Inc. (NYSE: UBA ) announced today that it has completed the purchase of the Bernards Square Medical Office Building in Bernardsville, NJ and the Clockwork Childcare Center in Chester, NJ for a combined purchase price of $6.45 million, excluding closing costs. Both properties were purchased free and clear of mortgages.
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