EX-99 5 bfs-3312014xex99.htm 3.31.2014 EXHIBIT 99

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Exhibit 99
Saul Centers, Inc.
Schedule of Current Portfolio Properties
March 31, 2014
|  |  |  |  |  | Leasable Area (Square Feet) |  | Year Acquired or Developed (Renovated) |  | Land Area (Acres) |  | Percentage Leased |  | (1)
|  | Property |  | Location |  |  |  |  | Mar-14 |  | Mar-13 |  | Anchor / Significant Tenants
Shopping Centers |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Ashburn Village |  | Ashburn, VA |  | 221,273 |  |  | 1994/00/01/02/06 |  | 26.4 |  |  | 93 | % |  | 92 | % |  | Giant Food, Hallmark Cards, McDonald's, Burger King, Dunkin Donuts, Kinder Care
| Ashland Square Phase I |  | Dumfries, VA |  | 23,120 |  |  | 2007 |  | 2.0 |  |  | 100 | % |  | 100 | % |  | Capital One Bank, CVS Pharmacy, The All American Steakhouse
| Beacon Center |  | Alexandria, VA |  | 358,071 |  |  | 1972 (1993/99/07) |  | 32.3 |  |  | 100 | % |  | 93 | % |  | Lowe's Home Improvement Center, Giant Food, Outback Steakhouse, Marshalls, Hancock Fabrics, Home Goods, Party Depot, Panera Bread, TGI Fridays, Starbucks, Famous Dave's, Chipotle, Subway
| BJ's Wholesale Club |  | Alexandria, VA |  | 115,660 |  |  | 2008 |  | 9.6 |  |  | 100 | % |  | 100 | % |  | BJ's Wholesale Club
| Boca Valley Plaza |  | Boca Raton, FL |  | 121,269 |  |  | 2004 |  | 12.7 |  |  | 93 | % |  | 92 | % |  | Publix, Wachovia Bank, Jaco Hybrid Training, Subway
| Boulevard |  | Fairfax, VA |  | 49,140 |  |  | 1994 (1999/09) |  | 5.0 |  |  | 95 | % |  | 100 | % |  | Panera Bread, Party City, Petco
| Briggs Chaney MarketPlace |  | Silver Spring, MD |  | 194,347 |  |  | 2004 |  | 18.2 |  |  | 99 | % |  | 99 | % |  | Safeway, Ross Dress For Less, Family Dollar, Advance Auto Parts, McDonald's, Wendy's, Chuck E. Cheese's
| Broadlands Village |  | Ashburn, VA |  | 159,734 |  |  | 2003/4/6 |  | 24.0 |  |  | 93 | % |  | 85 | % |  | Safeway, The All American Steakhouse, Bonefish Grill, Dollar Tree, Starbucks, Subway
| Countryside Marketplace |  | Sterling, VA |  | 137,662 |  |  | 2004 |  | 16.0 |  |  | 93 | % |  | 86 | % |  | Safeway, CVS Pharmacy, Starbucks, McDonald's, Seven-Eleven
| Cranberry Square |  | Westminster, MD |  | 141,450 |  |  | 2011 |  | 18.9 |  |  | 98 | % |  | 95 | % |  | Giant Food, Staples, Party City, Pier 1 Imports, Jos. A. Bank, Wendy's, Giant Gas Station, Mattress Discounters
| Cruse MarketPlace |  | Cumming, GA |  | 78,686 |  |  | 2004 |  | 10.6 |  |  | 84 | % |  | 84 | % |  | Publix, Subway
| Flagship Center |  | Rockville, MD |  | 21,500 |  |  | 1972, 1989 |  | 0.5 |  |  | 100 | % |  | 100 | % |  | Capital One Bank
| French Market |  | Oklahoma City, OK |  | 244,718 |  |  | 1974 (1984/98) |  | 13.8 |  |  | 100 | % |  | 87 | % |  | Burlington Coat Factory, Bed Bath & Beyond, Petco, The Tile Shop, Staples, Lakeshore Learning Center, Dollar Tree
| Germantown |  | Germantown, MD |  | 27,241 |  |  | 1992 |  | 2.7 |  |  | 81 | % |  | 81 | % |  | Jiffy Lube
| Giant |  | Milford Mill, MD |  | 70,040 |  |  | 1972 (1990) |  | 5.0 |  |  | 94 | % |  | 94 | % |  | Giant Food
| The Glen |  | Woodbridge, VA |  | 136,440 |  |  | 1994 (2005) |  | 14.7 |  |  | 97 | % |  | 98 | % |  | Safeway Marketplace, The All American Steakhouse, Panera Bread, Five Guys, Chipotle
| Great Eastern |  | District Heights, MD |  | 255,398 |  |  | 1972 (1995) |  | 31.9 |  |  | 74 | % |  | 75 | % |  | Pep Boys, No Excuse Workout
| Great Falls Center |  | Great Falls, VA |  | 91,666 |  |  | 2008 |  | 11.0 |  |  | 96 | % |  | 98 | % |  | Safeway, CVS Pharmacy, Capital One Bank, Starbucks, Subway
| Hampshire Langley |  | Takoma Park, MD |  | 131,700 |  |  | 1972 (1979) |  | 9.9 |  |  | 100 | % |  | 100 | % |  | Expo E Mart, Radio Shack, Starbucks, Chuck E. Cheese's, Sardi's Chicken
| Hunt Club Corners |  | Apopka, FL |  | 101,522 |  |  | 2006 |  | 13.9 |  |  | 97 | % |  | 94 | % |  | Publix, Walgreens, Radio Shack, Hallmark
| Jamestown Place |  | Altamonte Springs, FL |  | 96,372 |  |  | 2005 |  | 10.9 |  |  | 89 | % |  | 91 | % |  | Publix, Carrabas Italian Grill
| Kentlands Square I |  | Gaithersburg, MD |  | 114,381 |  |  | 2002 |  | 11.5 |  |  | 100 | % |  | 100 | % |  | Lowe's Home Improvement Center, Chipotle
| Kentlands Square II |  | Gaithersburg, MD |  | 247,783 |  |  | 2011 |  | 23.4 |  |  | 99 | % |  | 96 | % |  | Giant Food, Kmart, Party City, Panera Bread, Not Your Average Joe's, Payless Shoes, Hallmark, Chick-Fil-A, Coal Fire Pizza, Brasserie Beck, Cava Mezza Grill, Zengo Cycle
| Kentlands Place |  | Gaithersburg, MD |  | 40,648 |  |  | 2005 |  | 3.4 |  |  | 100 | % |  | 100 | % |  | Elizabeth Arden's Red Door Salon, Bonefish Grill, Subway
| Lansdowne Town Center |  | Leesburg, VA |  | 189,422 |  |  | 2006 |  | 23.4 |  |  | 97 | % |  | 94 | % |  | Harris Teeter, CVS Pharmacy, Panera Bread, Not Your Average Joe's, Starbucks, Lansdowne Tavern, Capital One Bank, Pike's Fish House
| Leesburg Pike Plaza |  | Baileys Crossroads, VA | 97,752 |  |  | 1966 (1982/95) |  | 9.4 |  |  | 96 | % |  | 100 | % |  | CVS Pharmacy, Party Depot, FedEx Kinko's, Radio Shack, Verizon Wireless
| Lumberton Plaza |  | Lumberton, NJ |  | 193,084 |  |  | 1975 (1992/96) |  | 23.3 |  |  | 94 | % |  | 93 | % |  | Bottom Dollar Food, Rite Aid, Virtua Health Center, Radio Shack, Family Dollar, Retro Fitness, Big Lots
| Saul Centers, Inc.
| Schedule of Current Portfolio Properties
| March 31, 2014
|  |  |  |  |  | Leasable Area (Square Feet) |  | Year Acquired or Developed (Renovated) |  | Land Area (Acres) |  | Percentage Leased |  | (1)
|  | Property |  | Location |  |  |  |  | Mar-14 |  | Mar-13 |  | Anchor / Significant Tenants
| Shopping Centers (continued) |  |  |  |  |  |  |  |  |  |  |  |
| Metro Pike Center |  | Rockville, MD |  | 67,488 |  |  | 2010 |  | 4.6 |  |  | 92 | % |  | 84 | % |  | McDonald's, Jennifer Convertibles, FedEx Kinko's, Dunkin Donuts, Seven Eleven, Mattress Warehouse
| Shops at Monocacy |  | Frederick, MD |  | 109,144 |  |  | 2004 |  | 13.0 |  |  | 93 | % |  | 93 | % |  | Giant Food, Giant Gas Station, Panera Bread, Starbucks, Five Guys, California Tortilla, Firehouse Subs
| Northrock |  | Warrenton, VA |  | 99,789 |  |  | 2009 |  | 15.4 |  |  | 87 | % |  | 82 | % |  | Harris Teeter, Longhorn Steakhouse, Ledo's Pizza, Capital One Bank, Jos. A Bank
| Olde Forte Village |  | Ft. Washington, MD |  | 143,577 |  |  | 2003 |  | 16.0 |  |  | 97 | % |  | 96 | % |  | Safeway, Advance Auto Parts, Dollar Tree, Radio Shack, McDonald's, Wendy's, Ledo's Pizza
| Olney |  | Olney, MD |  | 53,765 |  |  | 1975 (1990) |  | 3.7 |  |  | 94 | % |  | 94 | % |  | Rite Aid, Olney Grill, Ledo's Pizza, Popeye's
| Orchard Park |  | Dunwoody, GA |  | 87,885 |  |  | 2007 |  | 10.5 |  |  | 97 | % |  | 92 | % |  | Kroger, GNC, Subway, Pacific Dental
| Palm Springs Center |  | Altamonte Springs, FL |  | 126,446 |  |  | 2005 |  | 12.0 |  |  | 98 | % |  | 98 | % |  | Albertson's, Office Depot, Mimi's Cafe, Toojay's Deli
| Ravenwood |  | Baltimore, MD |  | 93,328 |  |  | 1972 (2006) |  | 8.0 |  |  | 94 | % |  | 91 | % |  | Giant Food, Starbucks
| 11503 Rockville Pk / 5541 Nicholson Ln |  | Rockville, MD |  | 40,249 |  |  | 2010 / 2012 |  | 3.0 |  |  | 70 | % |  | 70 | % |  | Staples, Casual Male
| 1500/1580 Rockville Pike |  | Rockville, MD |  | 64,781 |  |  | 2012/2014 |  | 7.9 |  |  | 100 | % |  | 91 | % |  | Party City, CVS
| Seabreeze Plaza |  | Palm Harbor, FL |  | 146,673 |  |  | 2005 |  | 18.4 |  |  | 97 | % |  | 91 | % |  | Publix, Earth Origins Health Food, Petco, Planet Fitness, Vision Works
| Marketplace at Sea Colony |  | Bethany Beach, DE |  | 21,677 |  |  | 2008 |  | 5.1 |  |  | 95 | % |  | 90 | % |  | Seacoast Realty, Armand's Pizza, Candy Kitchen, Turquoise Restaurant
| Seven Corners |  | Falls Church, VA |  | 574,831 |  |  | 1973 (1994-7/07) |  | 31.6 |  |  | 100 | % |  | 100 | % |  | The Home Depot, Shoppers Food & Pharmacy, Michaels Arts & Crafts, Barnes & Noble, Ross Dress For Less, Ski Chalet, G Street Fabrics, Off-Broadway Shoes, JoAnn Fabrics, Dress Barn, Starbucks, Dogfishhead Ale House, Red Robin Gourmet Burgers, Chipotle, Wendy's, Burlington Coat Factory
| Severna Park Marketplace |  | Severna Park, MD |  | 254,174 |  |  | 2011 |  | 20.6 |  |  | 100 | % |  | 100 | % |  | Giant Food, Kohl's, Office Depot, A.C. Moore, Goodyear, Chipotle, McDonald's, Jos. A. Bank, Radio Shack, Atlanta Bread Company, Five Guys, Unleashed (Petco)
| Shops at Fairfax |  | Fairfax, VA |  | 68,762 |  |  | 1975 (1993/99) |  | 6.7 |  |  | 96 | % |  | 100 | % |  | Super H Mart
| Smallwood Village Center |  | Waldorf, MD |  | 174,518 |  |  | 2006 |  | 25.1 |  |  | 74 | % |  | 70 | % |  | Safeway, CVS Pharmacy, Family Dollar
| Southdale |  | Glen Burnie, MD |  | 484,115 |  |  | 1972 (1986) |  | 39.6 |  |  | 88 | % |  | 97 | % |  | The Home Depot, Michaels Arts & Crafts, Marshalls, PetSmart, Value City Furniture, Athletic Warehouse, Starbucks, Gallo Clothing, Office Depot, The Tile Shop
| Southside Plaza |  | Richmond, VA |  | 371,761 |  |  | 1972 |  | 32.8 |  |  | 98 | % |  | 98 | % |  | Community Supermarket, Maxway, Citi Trends, City of Richmond, McDonald's, Burger King, Kool Smiles, Anna's Linens, Hibachi Grill
| South Dekalb Plaza |  | Atlanta, GA |  | 163,418 |  |  | 1976 |  | 14.6 |  |  | 94 | % |  | 88 | % |  | Maxway, Big Lots, Emory Clinic, Deal$ (Dollar Tree), Shoe Land
| Thruway |  | Winston-Salem, NC |  | 362,056 |  |  | 1972 (1997) |  | 30.5 |  |  | 95 | % |  | 94 | % |  | Harris Teeter, Trader Joe's, Stein Mart, Talbots, Hanes Brands, Jos. A. Bank, Bonefish Grill, Chico's, Ann Taylor Loft, Coldwater Creek, Rite Aid, FedEx Kinkos, Plow & Hearth, New Balance, Aveda Salon, Christies Hallmark, Carter's Kids, McDonald's, Chick-Fil-A, Wells Fargo Bank, Francesca's Collections, Great Outdoor Provision Company, White House / Black Market, Soma
| Village Center |  | Centreville, VA |  | 146,032 |  |  | 1990 |  | 17.2 |  |  | 96 | % |  | 99 | % |  | Giant Food, Tuesday Morning, Starbucks, McDonald's, Pet Supplies Plus, Bikram Yoga
| Westview Village |  | Frederick, MD |  | 97,145 |  |  | 2009 |  | 10.4 |  |  | 88 | % |  | 86 | % |  | Mimi's Cafe, Sleepy's, Music & Arts, Firehouse Subs, CiCi's Pizza, Café Rio, Five Guys, Regus
| White Oak |  | Silver Spring, MD |  | 480,676 |  |  | 1972 (1993) |  | 28.5 |  |  | 100 | % |  | 100 | % |  | Giant Food, Sears, Walgreens, Radio Shack, Boston Market, Sarku, Capital One Bank
|  |  |  | Total Shopping Centers |  | 7,892,369 |  |  |  |  | 759.6 |  |  | 94.8 | % |  | 93.6 | % |  |
Saul Centers, Inc.
Schedule of Current Portfolio Properties
March 31, 2014
|  |  |  |  |  | Leasable Area (Square Feet) |  | Year Acquired or Developed (Renovated) |  | Land Area (Acres) |  | Percentage Leased |  | (1)
|  | Property |  | Location |  |  |  |  | Mar-14 |  | Mar-13 |  | Anchor / Significant Tenants
Mixed-Use Properties |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Avenel Business Park |  | Gaithersburg, MD |  | 390,683 |  |  | 1981-2000 |  | 37.1 |  |  | 92 | % |  | 82 | % |  | General Services Administration, SeraCare Life Sciences, Gene Dx, Inc., Direct Buy
| Clarendon Center-North Block |  | Arlington, VA |  | 108,387 |  |  | 2010 |  | 0.6 |  |  | 96 | % |  | 96 | % |  | Pete's New Haven Pizza, AT&T, Airline Reporting Corporation
| Clarendon Center-South Block |  | Arlington, VA |  | 104,894 |  |  | 2010 |  | 1.3 |  |  | 100 | % |  | 100 | % |  | Trader Joe's, Circa, Burke & Herbert Bank, Bracket Room, Cannon Design, Winston Partners, Keppler Speakers Bureau, ECG Management Co., Leadership Institute, Capital One
| Clarendon Center Residential-South Block (244 units) |  | 188,671 |  |  | 2010 |  |  |  | 99 | % |  | 100 | % |  |
| Crosstown Business Center |  | Tulsa, OK |  | 197,127 |  |  | 1975 (2000) |  | 22.4 |  |  | 81 | % |  | 81 | % |  | Compass Group, Roxtec, Keystone Automotive, Freedom Express, Direct TV, Auto Panels Plus
| 601 Pennsylvania Ave. |  | Washington, DC |  | 226,604 |  |  | 1973 (1986) |  | 1.0 |  |  | 95 | % |  | 95 | % |  | National Gallery of Art, American Assn. of Health Plans, Credit Union National Assn., Southern Company, HQ Global, Freedom Forum, Pharmaceutical Care Management Assn., Capital Grille
| Washington Square |  | Alexandria, VA |  | 236,376 |  |  | 1975 (2000) |  | 2.0 |  |  | 86 | % |  | 87 | % |  | Vanderweil Engineering, AECOM, Freeman Decorating Services, Tauri Group, Cooper Carry, Bank of America, Marketing General, Alexandria Economic Development, Trader Joe's, Fed Ex Kinko's, Talbots, Teaism Restaurant, Starbucks, Cardinal Bank
|  |  |  | Total Mixed-Use Properties |  | 1,452,742 |  |  |  |  | 64.4 |  |  | 90.7 | % | (2) | 87.7 | % |  | (2)
|  |  |  | Total Portfolio |  | 9,345,111 |  |  |  |  | 824 |  |  | 94.3 | % | (2) | 92.8 | % |  | (2)
Land and Development Parcels |  |  |  |  |  |  |  |  |  |  |  |
| Ashland Square Phase II |  | Manassas, VA |  |  |  | 2004 |  | 17.3 |  |  | Marketing to grocers and other retail businesses, with a development timetable yet to be finalized.
| Park Van Ness |  | Washington, DC |  |  |  | 1973 |  | 1.4 |  |  | Construction of a 271-unit residential project with street-level retail is currently in process.
| New Market |  | New Market, MD |  |  |  | 2005 |  | 35.5 |  |  | Parcel will accommodate retail development in excess of 120,000 SF near I-70, east of Frederick, Maryland. A development timetable has not been determined.
|  |  |  | Total Development Properties |  |  |  | 54.2 |  |  |  |  |  |  |
|  | (1 | ) |  | Percentage leased is a percentage of rentable square feet leased for commercial space and a percentage of units leased for apartments. Van Ness Square was vacated and taken out of service April 30, 2013. The prior year period's Total Mixed-Use and Total Portfolio leased percentages have been recalculated to exclude the impact of Van Ness Square to improve comparability. If the prior year percentages were not recalculated, Total Mixed-Use and Total Portfolio leased percentages at March 31, 2013, would have been 79.8% and 91.5%, respectively.
|  | (2 | ) |  | Total percentage leased is for commercial space only. |  |  |  |  |  |  |  |