Urban Edge Properties updates investors with June 2022 presentation: 75 properties, 94% occupancy

Urban Edge Properties

Portfolio: 75 properties, 17.2M sf GLA including 1.3M sf industrial; ~90% of value in DC-to-Boston corridor.
Asset quality: ~60% of asset value anchored by grocers with ~$900 psf sales; 10% by Home Depot/Lowe's; 6% industrial.
Balance sheet: ~$198M cash, $600M revolver; debt is single asset non-recourse mortgages; $4B total market cap.
Growth: 94% same-property occupancy vs 98% peak in 2018; $207M active redevelopment projects.
Format: open-air centers positioned for last-mile delivery, BOPIS, and curbside pickup.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.