Urstadt Biddle Properties Inc. has acquired Bethel Hub Shopping Centre in Bethel, Connecticut for USD 9 million cash. According to the company, the Bethel Hub Shopping Centre measures 30,940 sq ft. It is currently 100% occupied and is well protected with high entry barriers.

Located in the centre of Bethel and across the street from two prominent retail attractions, the Sycamore Drive-In and the Bethel Cinema, the shopping centre can also be easily seen at the intersection of Greenwood Avenue (Connecticut 302) and Grassy Plain Street.