Urban Edge Properties
Close on Oct 19, 2026
- Market cap
- $2.52B
- P/E (TTM)
- 22.3
- Dividend yield
- 3.96%
About Urban Edge Properties
Real Estate, SIC 6500
Urban Edge Properties is a real estate investment trust focused on the acquisition, development, redevelopment, and management of retail real estate. The company operates through its partnership subsidiary, Urban Edge Properties LP, which holds its real estate portfolio. Its properties accommodate a broad base of commercial tenants, including grocery stores, department stores, discounters, big-box retailers, specialty shops, restaurants, and entertainment venues. Urban Edge generates its revenue through fixed and variable rent structures, leasing space to these merchants to serve local communities.
The company's holdings include 69 shopping centers, two outlet centers, and two malls, comprising roughly 17.2 million square feet of gross leasable area with a portfolio occupancy rate of 90.1%. Its real estate assets are primarily concentrated along the Washington, D.C. to Boston corridor, with significant exposure to the New York metropolitan region, alongside operations in Puerto Rico. Urban Edge Properties maintains its corporate headquarters in New York, New York.
Summary of the business section of Urban Edge Properties's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Urban Edge Properties
- Headquarters
- New York, NY
- Address
- 12 East 49th Street, 44th Floor 10017
- Phone
- (212) 956-2556
- Website
- uedge.com
- Employees
- 104, Dec 31, 2025
- Industry
- Real Estate
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- DELOITTE & TOUCHE LLP, New York, New York
Stock & identifiers
- Ticker
- UE
- Exchange
- NYSE
- Shares outstanding
- 126M, Jul 31, 2026
- Public float
- $2.50B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1611547
- CUSIP
- 91704F104
- ISIN
- US91704F1049
- LEI
- 254900MGW1LDY566BW57
- EIN
- 47-6311266
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jeffrey S. Olson | Chairman of the Board & CEO, Director | 3,665 |
| Andrea Rosenthal Drazin | Chief Accounting Officer | 11,698 |
| Jeffrey Mooallem | Chief Operating Officer | 0 |
| Mark Langer | Chief Financial Officer | 129,778 |
| Heather Ohlberg | EVP, General Counsel & Sec. | 6,945 |
| Robert C. Milton | General Counsel and Secretary | 0 |
| Catherine Rice | Director | 36,167 |
| Katherine M. Sandstrom | Director | – |
| Douglas William Sesler | Director | – |
| Mary Baglivo | Director | – |
| Kevin P. O'Shea | Director | 13,147 |
| Steven H. Grapstein | Director | 8,595 |
| Norman K. Jenkins | Director | – |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr.Olson | $8.11M | $4.64M | $2.31M | $179 | $160 |
| FY2024 Mr.Olson | $10.12M | $15.24M | $3.34M | $193 | $168 |
| FY2023 Mr.Olson | $7.65M | $12.64M | $2.38M | $158 | $143 |
| FY2022 Mr.Olson | $6.62M | $1.44M | $2.26M | $117 | $130 |
| FY2021 Mr.Olson | $6.83M | $8.57M | $2.01M | $152 | $144 |
| FY2020 Mr.Olson | $6.15M | $3.76M | $2.14M | $71 | $69 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 104 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 25, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 21, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 19, 2014 | Name change | Name changed from Vornado SpinCo to Urban Edge Properties |
| Jun 26, 2014 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |