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NEW MILFORD, CONN. — Urstadt Biddle Properties (UBP) has acquired New Milford Shopping Plaza in New Milford for $22.5 million. Situated on Danbury Road, the property was constructed in the 1970s and renovated in 1990. Anchors for the 229,000-square-foot property include a 102,000-square-foot Walmart and a 72,000-square-foot Stop & Shop. Additional tenants include Dollar Tree, Union Savings Bank, Radio Shack, Hallmark and GameStop. The seller was not disclosed.