NEW HYDE PARK, NY—The shopping center REIT's acquisition of 100% of the 5.6-million-square-foot Kimstone portfolio continues its trend toward simplification.

MIDLAND PARK, NJ—Connecticut-based Urstadt Biddle Properties Inc. has acquired four shopping centers totaling approximately 375,000 square feet in the affluent New Jersey counties of Bergen, Passaic and Morris. The seller of all four properties is a prominent New Jersey commercial real estate owner and developer.

MINNEAPOLIS—This is the New York-based REIT's second major purchase in this Twin Cities suburb.

MIAMI—Greenspoon Marderr attorney Mark Lynn tells GlobeSt.com's Jennifer LeClaire what developers need to know about Adaption Action Areas in part three of this <b> EXCLUSIVE </b> interview.