EX-99.A 4 bfs-9302014xex99a.htm EXHIBIT 99A - 9.30.2014

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Exhibit 99 (a)
Saul Centers, Inc.
Schedule of Current Portfolio Properties
September 30, 2014
|  |  |  |  |  | Leasable Area (Square Feet) |  | Year Acquired or Developed (Renovated) |  | Land Area (Acres) |  | Percentage Leased as of September 30, |  | (1)
|  | Property |  | Location |  |  |  |  | 2014 |  | 2013 |  | 2012 |  | 2011 |  | 2010 |  | Anchor / Significant Tenants
Shopping Centers |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Ashburn Village |  | Ashburn, VA |  | 221,273 |  |  | 1994/00/01/02/06 |  | 26.4 |  |  | 94 | % |  | 93 | % |  | 91 | % |  | 87 | % |  | 93 | % |  | 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 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | Capital One Bank, CVS Pharmacy, The All American Steakhouse
| Beacon Center |  | Alexandria, VA |  | 358,071 |  |  | 1972 (1993/99/07) |  | 32.3 |  |  | 100 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | 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 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | BJ's Wholesale Club
| Boca Valley Plaza |  | Boca Raton, FL |  | 121,269 |  |  | 2004 |  | 12.7 |  |  | 89 | % |  | 91 | % |  | 81 | % |  | 78 | % |  | 82 | % |  | Publix, Wachovia Bank, Jaco Hybrid Training, Subway
| Boulevard |  | Fairfax, VA |  | 49,140 |  |  | 1994 (1999/09) |  | 5.0 |  |  | 95 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | Panera Bread, Party City, Petco
| Briggs Chaney MarketPlace |  | Silver Spring, MD |  | 194,347 |  |  | 2004 |  | 18.2 |  |  | 99 | % |  | 99 | % |  | 99 | % |  | 97 | % |  | 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 |  |  | 95 | % |  | 88 | % |  | 85 | % |  | 91 | % |  | 84 | % |  | Safeway, The All American Steakhouse, Bonefish Grill, Dollar Tree, Starbucks, Subway
| Countryside Marketplace |  | Sterling, VA |  | 137,662 |  |  | 2004 |  | 16.0 |  |  | 93 | % |  | 90 | % |  | 92 | % |  | 92 | % |  | 94 | % |  | Safeway, CVS Pharmacy, Starbucks, McDonald's, Seven-Eleven
| Cranberry Square |  | Westminster, MD |  | 141,450 |  |  | 2011 |  | 18.9 |  |  | 98 | % |  | 95 | % |  | 92 | % |  | 91 | % |  | N/A |  |  | 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 |  |  | 88 | % |  | 84 | % |  | 88 | % |  | 88 | % |  | 86 | % |  | Publix, Subway, Orange Theory
| Flagship Center |  | Rockville, MD |  | 21,500 |  |  | 1972, 1989 |  | 0.5 |  |  | 100 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | Capital One Bank
| French Market |  | Oklahoma City, OK |  | 244,718 |  |  | 1974 (1984/98) |  | 13.8 |  |  | 100 | % |  | 96 | % |  | 87 | % |  | 98 | % |  | 97 | % |  | 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 | % |  | 81 | % |  | 82 | % |  | 82 | % |  | Jiffy Lube
| 750 N. Glebe Road |  | Arlington, VA |  | 16,898 |  |  | 2014 |  | 2.2 |  |  | 100 | % |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |  |  | Rosenthal Mazda
| The Glen |  | Woodbridge, VA |  | 136,440 |  |  | 1994 (2005) |  | 14.7 |  |  | 96 | % |  | 97 | % |  | 97 | % |  | 96 | % |  | 100 | % |  | Safeway Marketplace, The All American Steakhouse, Panera Bread, Five Guys, Chipotle
| Great Eastern |  | District Heights, MD |  | 255,398 |  |  | 1972 (1995) |  | 31.9 |  |  | 74 | % |  | 74 | % |  | 98 | % |  | 98 | % |  | 98 | % |  | Pep Boys, No Excuse Workout, Room Style Furniture
| Great Falls Center |  | Great Falls, VA |  | 91,666 |  |  | 2008 |  | 11.0 |  |  | 98 | % |  | 95 | % |  | 98 | % |  | 93 | % |  | 93 | % |  | Safeway, CVS Pharmacy, Capital One Bank, Starbucks, Subway
| Hampshire Langley |  | Takoma Park, MD |  | 131,700 |  |  | 1972 (1979) |  | 9.9 |  |  | 100 | % |  | 100 | % |  | 99 | % |  | 98 | % |  | 100 | % |  | Expo E Mart, Radio Shack, Starbucks, Chuck E. Cheese's, Sardi's Chicken
| Hunt Club Corners |  | Apopka, FL |  | 101,522 |  |  | 2006 |  | 13.9 |  |  | 94 | % |  | 94 | % |  | 94 | % |  | 94 | % |  | 95 | % |  | Publix, Walgreens, Radio Shack, Hallmark
| Jamestown Place |  | Altamonte Springs, FL |  | 96,372 |  |  | 2005 |  | 10.9 |  |  | 88 | % |  | 86 | % |  | 92 | % |  | 92 | % |  | 89 | % |  | Publix, Carrabas Italian Grill
| Kentlands Square I |  | Gaithersburg, MD |  | 114,381 |  |  | 2002 |  | 11.5 |  |  | 100 | % |  | 100 | % |  | 100 | % |  | 98 | % |  | 100 | % |  | Lowe's Home Improvement Center, Chipotle
| Kentlands Square II |  | Gaithersburg, MD |  | 247,783 |  |  | 2011 |  | 23.4 |  |  | 99 | % |  | 96 | % |  | 96 | % |  | 100 | % |  | N/A |  |  | 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 | % |  | 100 | % |  | 93 | % |  | 97 | % |  | Elizabeth Arden's Red Door Salon, Bonefish Grill, Subway
| Saul Centers, Inc.
| Schedule of Current Portfolio Properties
| September 30, 2014
|  |  |  |  |  | Leasable Area (Square Feet) |  | Year Acquired or Developed (Renovated) |  | Land Area (Acres) |  | Percentage Leased as of September 30, |  | (1)
|  | Property |  | Location |  |  |  |  | 2014 |  | 2013 |  | 2012 |  | 2011 |  | 2010 |  | Anchor / Significant Tenants
| Shopping Centers (continued) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Lansdowne Town Center |  | Leesburg, VA |  | 189,422 |  |  | 2006 |  | 23.4 |  |  | 94 | % |  | 94 | % |  | 90 | % |  | 94 | % |  | 91 | % |  | Harris Teeter, CVS Pharmacy, Panera Bread, Not Your Average Joe's, Starbucks, Capital One Bank, Pike's Fish House
| Leesburg Pike Plaza |  | Baileys Crossroads, VA | 97,752 |  |  | 1966 (1982/95) |  | 9.4 |  |  | 96 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | 97 | % |  | CVS Pharmacy, Party Depot, FedEx Kinko's, Radio Shack, Verizon Wireless
| Lumberton Plaza |  | Lumberton, NJ |  | 192,718 |  |  | 1975 (1992/96) |  | 23.3 |  |  | 95 | % |  | 94 | % |  | 80 | % |  | 65 | % |  | 92 | % |  | Bottom Dollar Food, Rite Aid, Virtua Health Center, Radio Shack, Family Dollar, Retro Fitness, Big Lots, Burger King
| Metro Pike Center |  | Rockville, MD |  | 67,488 |  |  | 2010 |  | 4.6 |  |  | 83 | % |  | 91 | % |  | 79 | % |  | 79 | % |  | N/A |  |  | McDonald's, Jennifer Convertibles, Dunkin Donuts, Seven Eleven, Mattress Warehouse
| Shops at Monocacy |  | Frederick, MD |  | 109,144 |  |  | 2004 |  | 13.0 |  |  | 97 | % |  | 93 | % |  | 89 | % |  | 92 | % |  | 99 | % |  | Giant Food, Giant Gas Station, Panera Bread, Starbucks, Five Guys, California Tortilla, Firehouse Subs, Comcast
| Northrock |  | Warrenton, VA |  | 99,789 |  |  | 2009 |  | 15.4 |  |  | 91 | % |  | 85 | % |  | 81 | % |  | 81 | % |  | 75 | % |  | 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 | % |  | 97 | % |  | 93 | % |  | 90 | % |  | 94 | % |  | 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 | % |  | 95 | % |  | 97 | % |  | 95 | % |  | Rite Aid, Olney Grill, Ledo's Pizza, Popeye's
| Orchard Park |  | Dunwoody, GA |  | 87,885 |  |  | 2007 |  | 10.5 |  |  | 98 | % |  | 94 | % |  | 90 | % |  | 90 | % |  | 89 | % |  | Kroger, GNC, Subway, Pacific Dental
| Palm Springs Center |  | Altamonte Springs, FL |  | 126,446 |  |  | 2005 |  | 12.0 |  |  | 98 | % |  | 98 | % |  | 97 | % |  | 94 | % |  | 94 | % |  | Albertson's, Mimi's Cafe, Toojay's Deli, The Tile Shop
| Ravenwood |  | Baltimore, MD |  | 93,328 |  |  | 1972 (2006) |  | 8.0 |  |  | 96 | % |  | 94 | % |  | 91 | % |  | 93 | % |  | 90 | % |  | Giant Food, Starbucks
| 11503 Rockville Pk / 5541 Nicholson Ln |  | Rockville, MD |  | 40,249 |  |  | 2010 / 2012 |  | 3.0 |  |  | 63 | % |  | 70 | % |  | 100 | % |  | 100 | % |  | N/A |  |  | Staples, Casual Male
| 1500/1580/1582 Rockville Pike |  | Rockville, MD |  | 105,428 |  |  | 2012/2014 |  | 9.2 |  |  | 99 | % |  | 100 | % |  | N/A |  |  | N/A |  |  | N/A |  |  | Party City, CVS
| Seabreeze Plaza |  | Palm Harbor, FL |  | 146,673 |  |  | 2005 |  | 18.4 |  |  | 97 | % |  | 91 | % |  | 98 | % |  | 95 | % |  | 94 | % |  | Publix, Earth Origins Health Food, Petco, Planet Fitness, Vision Works
| Marketplace at Sea Colony |  | Bethany Beach, DE |  | 21,677 |  |  | 2008 |  | 5.1 |  |  | 95 | % |  | 91 | % |  | 90 | % |  | 92 | % |  | 96 | % |  | Seacoast Realty, Armand's Pizza, Candy Kitchen, Turquoise Restaurant
| Seven Corners |  | Falls Church, VA |  | 574,831 |  |  | 1973 (1994-7/07) |  | 31.6 |  |  | 100 | % |  | 100 | % |  | 100 | % |  | 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 | % |  | 100 | % |  | 100 | % |  | N/A |  |  | 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 | % |  | 100 | % |  | 95 | % |  | 93 | % |  | Super H Mart
| Smallwood Village Center |  | Waldorf, MD |  | 174,749 |  |  | 2006 |  | 25.1 |  |  | 72 | % |  | 74 | % |  | 70 | % |  | 63 | % |  | 76 | % |  | Safeway, CVS Pharmacy, Family Dollar
| Southdale |  | Glen Burnie, MD |  | 484,035 |  |  | 1972 (1986) |  | 39.6 |  |  | 89 | % |  | 97 | % |  | 93 | % |  | 84 | % |  | 94 | % |  | The Home Depot, Michaels Arts & Crafts, Marshalls, PetSmart, Value City Furniture, Athletic Warehouse, Starbucks, Gallo Clothing, Office Depot, The Tile Shop
| Saul Centers, Inc.
| Schedule of Current Portfolio Properties
| September 30, 2014
|  |  |  |  |  | Leasable Area (Square Feet) |  | Year Acquired or Developed (Renovated) |  | Land Area (Acres) |  | Percentage Leased as of September 30, |  | (1)
|  | Property |  | Location |  |  |  |  | 2014 |  | 2013 |  | 2012 |  | 2011 |  | 2010 |  | Anchor / Significant Tenants
| Shopping Centers (continued) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Southside Plaza |  | Richmond, VA |  | 371,761 |  |  | 1972 |  | 32.8 |  |  | 98 | % |  | 98 | % |  | 89 | % |  | 87 | % |  | 91 | % |  | 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 |  |  | 93 | % |  | 94 | % |  | 88 | % |  | 87 | % |  | 82 | % |  | Maxway, Big Lots, Emory Clinic, Deal$ (Dollar Tree), Shoe Land
| Thruway |  | Winston-Salem, NC |  | 362,056 |  |  | 1972 (1997) |  | 30.5 |  |  | 96 | % |  | 95 | % |  | 93 | % |  | 85 | % |  | 96 | % |  | 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 |  |  | 98 | % |  | 98 | % |  | 98 | % |  | 90 | % |  | 89 | % |  | Giant Food, Tuesday Morning, Starbucks, McDonald's, Pet Supplies Plus, Bikram Yoga
| Westview Village |  | Frederick, MD |  | 97,145 |  |  | 2009 |  | 10.4 |  |  | 90 | % |  | 87 | % |  | 82 | % |  | 55 | % |  | 36 | % |  | 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) |  | 27.9 |  |  | 100 | % |  | 100 | % |  | 100 | % |  | 99 | % |  | 99 | % |  | Giant Food, Sears, Walgreens, Radio Shack, Boston Market, Sarku, Capital One Bank
|  |  |  | Total Shopping Centers | (3) | 7,879,659 |  |  |  |  | 757.5 |  |  | 95.0 | % |  | 94.7 | % |  | 93.4 | % |  | 91.5 | % |  | 93.2 | % |  |
Saul Centers, Inc.
Schedule of Current Portfolio Properties
September 30, 2014
|  |  |  |  |  | Leasable Area (Square Feet) |  | Year Acquired or Developed (Renovated) |  | Land Area (Acres) |  | Percentage Leased as of September 30, |  | (1)
|  | Property |  | Location |  |  |  |  | 2014 |  | 2013 |  | 2012 |  | 2011 |  | 2010 |  | Anchor / Significant Tenants
Mixed-Use Properties |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Avenel Business Park |  | Gaithersburg, MD |  | 390,683 |  |  | 1981-2000 |  | 37.1 |  |  | 90 | % |  | 91 | % |  | 87 | % |  | 79 | % |  | 86 | % |  | General Services Administration, Gene Dx, Inc., Direct Buy
| Clarendon Center-North Block |  | Arlington, VA |  | 108,387 |  |  | 2010 |  | 0.6 |  |  | 96 | % |  | 96 | % |  | 90 | % |  | 86 | % |  | N/A |  |  | Pete's New Haven Pizza, AT&T, Airline Reporting Corporation
| Clarendon Center-South Block |  | Arlington, VA |  | 104,894 |  |  | 2010 |  | 1.3 |  |  | 100 | % |  | 100 | % |  | 100 | % |  | 91 | % |  | N/A |  |  | 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 |  |  |  | 100 | % |  | 98 | % |  | 100 | % |  | 100 | % |  | N/A |  |  |
| Crosstown Business Center |  | Tulsa, OK |  | 197,127 |  |  | 1975 (2000) |  | 22.4 |  |  | 94 | % |  | 81 | % |  | 75 | % |  | 87 | % |  | 78 | % |  | Roxtec, Keystone Automotive, Freedom Express, Direct TV, Auto Panels Plus
| 601 Pennsylvania Ave. |  | Washington, DC |  | 227,021 |  |  | 1973 (1986) |  | 1.0 |  |  | 95 | % |  | 95 | % |  | 95 | % |  | 96 | % |  | 100 | % |  | 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 |  |  | 93 | % |  | 89 | % |  | 89 | % |  | 89 | % |  | 97 | % |  | 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 | (3) | 1,453,159 |  |  |  |  | 64.4 |  |  | 93.6 | % |  | 91.0 | % |  | 88.4 | % |  | 87.0 | % |  | 90.0 | % |  | (2)
|  |  |  | Total Portfolio | (3) | 9,332,818 |  |  |  |  | 821.9 |  |  | 94.8 | % |  | 94.2 | % |  | 92.7 | % |  | 90.9 | % |  | 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. Includes only operating properties owned as of September 30, 2014. As such, prior year totals do not agree to prior year tables.
|  | (2 | ) |  | Total percentage leased is for commercial space only. |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | (3 | ) |  | Prior year leased percentages for Total Shopping Centers, Total Mixed-Use Properties and Total Portfolio have been recalculated to exclude the impact of properties sold or removed from service and, therefore, the percentages reported in this table may be different than the percentages previously reported.