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Urstadt Biddle Properties appoints new chairman

Urstadt Biddle Properties Inc. named Charles D. Urstadt as its new chairman, succeeding Charles J. Urstadt, who will resign, effective Jan. 1, 2019.

Charles J. Urstadt, who has been the shopping center real estate investment trust's chairman since 1986, will remain on the board as chairman emeritus and with the company as an executive.

Charles D. Urstadt has been the REIT's vice chairman since 2017.