secwatch.observer — SEC 8-K summary
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Issuer:     Urban Edge Properties (UE)
CIK:        0001611547
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001611547-22-000016
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Urban Edge Properties provides March 2022 investor presentation with portfolio and financial update
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- 75 properties totaling 17.2M sf GLA, ~90% of value in DC-to-Boston corridor.
- ~60% of asset value anchored by grocers with ~$900 psf sales; 10% by Home Depot/Lowe's; 6% industrial.
- Cash balance ~$220M, $600M revolver available; $4B total market cap; all debt is non-recourse mortgages.
- Same-property occupancy 94% vs 98% peak in 2018; $219M of active redevelopment projects underway.
- 93% leased overall; strategy targets last-mile delivery, BOPIS, and essential retail.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611547/000161154722000016/0001611547-22-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611547/000161154722000016/ue-20220301.htm
  HTML page:      https://secwatch.observer/filing/0001611547-22-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer