Exhibit 99
Saul Centers, Inc.
Schedule of Current Portfolio Properties
March 31, 2005
| Property |
Location |
Leasable Area (Square Feet) |
Year or Acquired |
Land Area (Acres) |
Percentage Leased |
Anchor / Significant Tenants | ||||||||||
| Mar-05 |
Mar-04 |
|||||||||||||||
| Shopping Centers | ||||||||||||||||
| Ashburn Village | Ashburn, VA | 211,327 | 1994 / 00 / 01/02 |
26.4 | 99 | % | 100 | % | Giant Food, Ruby Tuesday, 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, Panera Bread | |||||||
| Belvedere | Baltimore, MD | 54,941 | 1972 | 4.8 | 95 | % | 100 | % | Food City, Family Dollar | |||||||
| Boca Valley Plaza | Boca Raton, FL | 121,269 | 2004 | 12.7 | 92 | % | 90 | % | 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 | 96 | % | N/A | Safeway, Ross Dress For Less, Chuck E Cheese, Family Dollar | ||||||||
| Broadlands Village | Loudoun County, VA | 107,286 | 2003 | 16.0 | 100 | % | 100 | % | Safeway | |||||||
| Broadlands Village II | Loudoun County, VA | 30,193 | 2004 | 2.5 | 97 | % | N/A | Original Steakhouse, Bonefish Grill | ||||||||
| Clarendon/Clarendon Station | Arlington, VA | 11,808 | 1973/1996 | 0.6 | 100 | % | 100 | % | ||||||||
| Countryside | Loudoun County, VA | 141,696 | 2004 | 16.0 | 96 | % | 95 | % | Safeway, CVS Pharmacy | |||||||
| Cruse MarketPlace | Forsyth County, GA | 78,686 | 2004 | 10.6 | 94 | % | 95 | % | 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 | 93 | % | 96 | % | Burlington Coat Factory, Bed Bath & Beyond, Famous Footwear, Lakeshore Learning Center, BridesMart, Staples, Dollar Tree | |||||||
| Germantown | Germantown, MD | 27,241 | 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 | % | 100 | % | Safeway Marketplace | |||||||
| Great Eastern | District Heights, MD | 254,448 | 1972 (1995) | 23.9 | 55 | % | 100 | % | Giant Food, Pep Boys, Big Lots | |||||||
| Hampshire Langley | Takoma Park, MD | 131,700 | 1972 (1979) | 9.9 | 100% | 100% | Safeway, Blockbuster | |||||||||
Exhibit 99
| Shopping Centers (continued) | ||||||||||||||||
| Kentlands Square | Gaithersburg, MD | 114,381 | 2002 | 11.5 | 100 | % | 100 | % | Lowe’s, Chipotle | |||||||
| 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 | % | 58 | % | Dillard’s | |||||||
| Lumberton Plaza | Lumberton, NJ | 193,044 | 1975 (1992/96) | 23.3 | 98 | % | 98 | % | SuperFresh, Rite Aid, Blockbuster, Ace Hardware | |||||||
| Shops at Monocacy | Frederick, MD | 107,000 | 2004 | 13.0 | 84 | % | N/A | Giant Food, Panera Bread | ||||||||
| Olde Forte Village | Ft. Washington, MD | 143,062 | 2003 | 16.0 | 73 | % | 66 | % | Safeway, Blockbuster, Mimi’s Cafe, Toojay’s Deli, Catherines | |||||||
| Olney | Olney, MD | 53,765 | 1975 (1990) | 3.7 | 100 | % | 100 | % | Rite Aid | |||||||
| Palm Springs Center | Altamonte Springs, FL | 126,446 | 2005 | 12.0 | 100 | % | N/A | Albertson’s, Office Depot | ||||||||
| Ravenwood | Baltimore, MD | 85,958 | 1972 | 8.0 | 98 | % | 100 | % | Giant Food, Hollywood Video | |||||||
| Seven Corners | Falls Church, VA | 560,998 | 1973 (1994-7) | 31.6 | 99 | % | 99 | % | Home Depot, Shoppers Club, Michaels, Barnes & Noble, Ross Dress For Less, G Street Fabrics, Off-Broadway Shoes, The Room Store | |||||||
| 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 | % | 100 | % | Giant Food, Home Depot, Circuit City, Michaels, Marshalls, PetSmart, Value City Furniture, Athletic Warehouse | |||||||
| Southside Plaza | Richmond, VA | 347,651 | 1972 | 32.8 | 85 | % | 95 | % | CVS Pharmacy, Maxway, Citi Trends | |||||||
| South Dekalb Plaza | Atlanta, GA | 163,418 | 1976 | 14.6 | 97 | % | 98 | % | MacFrugals, Pep Boys, The Emory Clinic, Maxway | |||||||
| Thruway | Winston-Salem, NC | 352,355 | 1972 (1997) | 30.5 | 93 | % | 88 | % | Harris Teeter, Fresh Market, Borders, Bed Bath & Beyond, Stein Mart, Eckerd, Blockbuster, JoS. A Banks, Bonefish Grill, Chico’s, Ann Taylor | |||||||
| Village Center | Centreville, VA | 143,109 | 1990 | 17.2 | 99 | % | 100 | % | Giant Food, Tuesday Morning, Blockbuster | |||||||
| West Park | Oklahoma City, OK | 76,610 | 1975 | 11.2 | 54 | % | 72 | % | Drapers Market, Family Dollar | |||||||
| White Oak | Silver Spring, MD | 480,156 | 1972 (1993) | 28.5 | 99 | % | 100 | % | Giant Food, Sears, Rite Aid, Blockbuster | |||||||
| Total Shopping Centers | 6,138,937 | 555.2 | 91.7 | % | 94.4 | % | ||||||||||
Exhibit 99
| Office Properties | ||||||||||||||||
| Avenel Business Park |
Gaithersburg, MD | 390,479 | 1981-2000 | 37.1 | 98 | % | 92 | % | General Services Administration, VIRxSYS, Broadsoft, Arrow Financial, Quanta Systems, SeraCare Life Sciences, Panacos Pharmaceutical | |||||||
| Crosstown Business Center |
Tulsa, OK | 197,135 | 1975 (2000) | 22.4 | 90 | % | 93 | % | Compass Group, Roxtec, Outdoor Innovations, Auto Panels Plus, Gofit, Freedom Express | |||||||
| 601 Pennsylvania Ave |
Washington, DC | 226,604 | 1973 (1986) | 1.0 | 100 | % | 100 | % | 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 | 91 | % | 87 | % | Team Video Intl, Office Depot, Pier 1 | |||||||
| Washington Square |
Alexandria, VA | 234,775 | 1975 (2000) | 2.0 | 95 | % | 93 | % | Vanderweil Engineering, World Wide Retail Exch., EarthTech, Thales, Bank of America, Trader Joe’s, Kinko’s, Talbot’s, Blockbuster | |||||||
| Total Office Properties | 1,205,486 | 63.7 | 95.5 | % | 93.4 | % | ||||||||||
| Total Portfolio |
7,344,423 | 618.9 | 92.4 | % | 94.2 | % | ||||||||||
| Development Parcels | ||||||||||||||||
| Broadlands III |
Loudoun County, VA | 2002 | 5.5 | Preparing architectural and engineering plans for County approvals for retail expansion. | ||||||||||||
| Kentlands Place |
Gaithersburg, MD | 2004 | 3.4 | 41,300 square foot retail / office property, 77% pre-leased. Operational 2nd quarter 2005. | ||||||||||||
| Clarendon Center |
Arlington, VA | 2002 | 1.3 | Pursuing zoning approvals from County. | ||||||||||||
| Lansdowne Town Square |
Loudoun County, VA | 2002 | 23.4 | Preparing architectural and engineering plans for County approvals for shopping center development. | ||||||||||||
| Ashland Square |
Dumfries, VA | 2004 | 19.3 | Preparing architectural and engineering plans for County approvals for shopping center development. | ||||||||||||
| New Market |
New Market, MD | 2005 | 7.1 | Contracted to purchase adjoining parcels in order to assemble acreage for a retail center near I-70 interchange. | ||||||||||||
| Total Development Properties | 60.0 | |||||||||||||||
Exhibit 99