Urban Edge Properties (UE) concentration risks

The company's disclosed concentration profile rests on a single geographic exposure of high disclosed size: New York metropolitan area properties generated approximately 65% of annualized base rent as of December 31, 2025. This is a structural concentration in character — the portfolio was assembled with a deliberate focus on the New York metropolitan area rather than built through opportunistic single-tenant reliance, and the exposure reflects where the open-air, grocery-anchored, and necessity-retail real estate strategy is most concentrated. The implication of that geographic tilt is that local economic conditions, consumer spending patterns, tenant health in the New York metropolitan market, and regional supply of competing retail space are the dominant variables driving leasing momentum and rent growth. In contrast to single-tenant or single-sector concentrations, a multi-tenant open-air retail portfolio dispersed across many properties in the region has some natural diversification within the geographic footprint, but a broad-based deterioration in the local retail environment or a regional recession would still affect a large share of the rent roll simultaneously. No customer, product, or supplier concentration is separately disclosed. On balance, the profile is well-understood and limited to a single geographic concentration that, while high in disclosed share, is the deliberate result of the company's strategy of owning necessity-retail real estate in one of the country's largest consumer markets.

For the engine’s reasoning on UE’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.

Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.