Saul Centers, Inc.

Schedule of Current Portfolio Properties

September 30, 2004

 

Exhibit 99

 

Property


 

Location


 

Leasable

Area

(Square Feet)


 

Year

Developed

or Acquired

(Renovated)


 

Land Area

(Acres)


  Percentage Leased

   

Anchor / Significant Tenants


          Sep-04

    Sep-03

   

Shopping Centers

                               

Ashburn Village

 

Ashburn, VA

  211,327   1994 / 00 / 01/02   26.4   100 %   99 %   Giant Food, Reston Hospital Center, Blockbuster, Long & Foster

Beacon Center

 

Alexandria, VA

  352,915   1972 (1993/99)   32.3   97 %   100 %   Lowe’s, Giant Food, Office Depot, Outback Steakhouse, Marshalls, Hancock Fabrics, Party Depot

Belvedere

 

Baltimore, MD

  54,941   1972   4.8   100 %   95 %   Food City

Boca Valley Plaza

 

Boca Raton, FL

  121,269   2004   12.7   89 %   n /a     Publix, Blockbuster

Boulevard

 

Fairfax, VA

  56,350   1994 (1999)   5.0   100 %   100 %   Danker Furniture, Petco, Panera Bread, Party City

Briggs Chaney Plaza

 

Silver Spring, MD

  197,486   2004   18.2   93 %   n/a     Safeway, Ross Dress For Less, Chuck E Cheese, Family Dollar

Broadlands Village

 

Loudoun County, VA

  104,886   2003   24.0   100 %   n /
a
 
 
  Safeway

Clarendon

 

Arlington, VA

  6,940   1973   0.5   100 %   100 %    

Clarendon Station

 

Arlington, VA

  4,868   1996   0.1   100 %   100 %    

Countryside

 

Loudoun County, VA

  141,696   2004   16.0   95 %   n/a     Safeway, CVS Pharmacy

Cruse MarketPlace

 

Forsyth County, GA

  78,686   2004   10.6   97 %   n/a     Publix

Flagship Center

 

Rockville, MD

  21,500   1972, 1989   0.5   100 %   100 %    

French Market

 

Oklahoma City, OK

  244,724   1974 (1984/98)   13.8   95 %   95 %   Burlington Coat Factory, Bed Bath & Beyond, Famous Footwear, Lakeshore Learning Center, BridesMart, Staples, Dollar Tree

Germantown

 

Germantown, MD

  26,241   1992   2.7   100 %   100 %    

Giant

 

Baltimore, MD

  70,040   1972 (1990)   5.0   100 %   100 %   Giant Food

The Glen

 

Lake Ridge, VA

  112,229   1994   14.7   100 %   93 %   Safeway Marketplace

Great Eastern

 

District Heights, MD

  254,448   1972 (1995)   23.9   99 %   98 %   Giant Food, Pep Boys, Big Lots, Run N’ Shoot

Hampshire Langley

 

Takoma Park, MD

  131,700   1972 (1979)   9.9   100 %   100 %   Safeway, Blockbuster

Kentlands Square

 

Gaithersburg, MD

  114,381   2002   11.5   100 %   98 %   Lowe’s

Leesburg Pike

 

Baileys Crossroads, VA

  97,752   1966 (1982/95)   9.4   100 %   100 %   Party Depot, CVS Pharmacy, Kinko’s, Hollywood Video

Lexington Mall

 

Lexington, KY

  314,535   1974   30.0   58 %   57 %   Dillard’s

Lumberton Plaza

 

Lumberton, NJ

  193,044   1975 (1992/96)   23.3   98 %   100 %   SuperFresh, Rite Aid, Blockbuster, Ace Hardware

Olde Forte Village

 

Ft. Washington, MD

  143,247   2003   16.0   67 %   67 %   Safeway

Olney

 

Olney, MD

  53,765   1975 (1990)   3.7   100 %   100 %   Rite Aid

Ravenwood

 

Baltimore, MD

  85,958   1972   8.0   98 %   98 %   Giant Food, Hollywood Video


Shopping Centers (continued)

                                 

Seven Corners

 

Falls Church, VA

  560,998   1973 (1994-7)   31.6     99 %   98 %   Home Depot, Shoppers Club, Michaels, Barnes & Noble, Ross Dress For Less, G Street Fabrics, Off-Broadway Shoes

Shops at Fairfax

 

Fairfax, VA

  68,743   1975
(1993/99)
  6.7     100 %   100 %   Super H Mart, Blockbuster

Southdale

 

Glen Burnie, MD

  484,115   1972 (1986)   39.6     99 %   96 %   Giant Food, Home Depot, Circuit City, Michaels, Marshalls, PetSmart, Value City Furniture

Southside Plaza

 

Richmond, VA

  347,651   1972   32.8     86 %   95 %   CVS Pharmacy, Maxway

South Dekalb Plaza

 

Atlanta, GA

  163,418   1976   14.6     100 %   100 %   MacFrugals, Pep Boys, The Emory Clinic, Maxway

Thruway

 

Winston-Salem, NC

  352,915   1972 (1997)   30.5     92 %   90 %   Harris Teeter, Fresh Market, Bed Bath & Beyond, Stein Mart, Eckerd Drugs, Borders Books, Blockbuster, Jos. A Banks

Village Center

 

Centreville, VA

  143,109   1990   17.2     100 %   100 %   Giant Food, Tuesday Morning, Blockbuster

West Park

 

Oklahoma City, OK

  76,610   1975   11.2     72 %   72 %   Drapers Market, Family Dollar

White Oak

 

Silver Spring, MD

  480,156   1972 (1993)   28.5     99 %   99 %   Giant Food, Sears, Rite Aid, Blockbuster
       
     

 

 

   
    Total Shopping Centers   5,872,643       535.6     93.9 %   93.7 %    
       
     

 

 

   

Office Properties

                                 

Avenel Business Park

 

Gaithersburg, MD

  390,479   1981-2000   37.1     97 %   100 %   General Services Administration, VIRxSYS, Boston Biomedica, Broadsoft, Arrow Financial, Quanta Systems

Crosstown Business Center

 

Tulsa, OK

  197,135   1975 (2000)   22.4     93 %   93 %   Compass Group, Roxtec, Outdoor Inovations, Auto Panels Plus, Gofit, Freedom Express

601 Pennsylvania Ave

 

Washington, DC

  226,604   1973 (1986)   1.0     100 %   91 %   National Gallery of Art, American Assn. of Health Plans, Credit Union National Assn., Southern Company, HQ Global, Pharmaceutical Care Mgmt Assn, Freedom Forum, Capital Grille

Van Ness Square

 

Washington, DC

  156,493   1973 (1990)   1.2     94 %   87 %   INTELSAT, Team Video Intl, Office Depot, Pier 1

Washington Square

 

Alexandria, VA

  234,775   1975 (2000)   2.0     93 %   90 %   Vanderweil Engineering, World Wide Retail Exch., EarthTech, Thales, New American Schools, Bank of America, Trader Joe’s, Kinko’s, Talbot’s, Blockbuster
   
 
     

 

 

   
    Total Office Properties   1,205,486       63.7     96.0 %   93.8 %    
   
 
     

 

 

   
   

Total Portfolio

  7,078,129       599.3 (a)   94.2 %   93.8 %    
   
 
     

 

 

   

(a) The Company is developing Shops at Monocacy on 13 acres of land in Frederick, Maryland. The future 107,000 square foot shopping center is under construction, is approximately 84% preleased and is expected to be operational November 2004. The Company is developing Kentlands Place on 3.4 acres of land adjacent to Kentlands Square shopping center in Gaithersburg, Maryland. The center will be constructed as a 41,300 square foot retail/office property and is approximately 6% preleased.

 

The Company owns 19 acres of vacant land in the Lansdowne community in Loudoun County, Virginia and a 1.25 acre site in the Clarendon area of Arlington, Virginia, as future development and redevelopment properties.