EX-99.A 4 bfs-09302015xex99a.htm EXHIBIT 99.A

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Exhibit 99 (a)
Saul Centers, Inc.
Schedule of Current Portfolio Properties
September 30, 2015
|  |  |  |  |  | Leasable Area (Square Feet) |  | Year Acquired or Developed (Renovated) |  | Land Area (Acres) |  | Percentage Leased as of September 30, |  | (1)
|  | Property |  | Location |  |  |  |  | 2015 |  | 2014 |  | 2013 |  | 2012 |  | 2011 |  | Anchor / Significant Tenants
Shopping Centers |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Ashburn Village |  | Ashburn, VA |  | 221,273 |  |  | 1994/00/01/02/06 |  | 26.4 |  |  | 95 | % |  | 94 | % |  | 93 | % |  | 91 | % |  | 87 | % |  | 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 |  |  | 100 | % |  | 89 | % |  | 91 | % |  | 81 | % |  | 78 | % |  | Publix, Wachovia Bank, Jaco Hybrid Training, Subway
| Boulevard |  | Fairfax, VA |  | 49,140 |  |  | 1994 (1999/09) |  | 5.0 |  |  | 100 | % |  | 95 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | Panera Bread, Party City, Petco
| Briggs Chaney MarketPlace |  | Silver Spring, MD |  | 194,347 |  |  | 2004 |  | 18.2 |  |  | 99 | % |  | 99 | % |  | 99 | % |  | 99 | % |  | 97 | % |  | Safeway, Ross Dress For Less, Family Dollar, Advance Auto Parts, McDonald's, Wendy's, Chuck E. Cheese's
| Broadlands Village |  | Ashburn, VA |  | 174,734 |  |  | 2003/4/6 |  | 24.0 |  |  | 98 | % |  | 95 | % |  | 88 | % |  | 85 | % |  | 91 | % |  | Safeway, The All American Steakhouse, Bonefish Grill, Dollar Tree, Starbucks, Subway
| Countryside Marketplace |  | Sterling, VA |  | 138,229 |  |  | 2004 |  | 16.0 |  |  | 93 | % |  | 93 | % |  | 90 | % |  | 92 | % |  | 92 | % |  | Safeway, CVS Pharmacy, Starbucks, McDonald's, 7-Eleven, Orange Theory
| Cranberry Square |  | Westminster, MD |  | 141,450 |  |  | 2011 |  | 18.9 |  |  | 97 | % |  | 98 | % |  | 95 | % |  | 92 | % |  | 91 | % |  | Giant Food, Staples, Party City, Pier 1 Imports, Jos. A. Bank, Wendy's, Giant Gas Station, Mattress Discounters, Banfield Pet Hospital
| Cruse MarketPlace |  | Cumming, GA |  | 78,686 |  |  | 2004 |  | 10.6 |  |  | 92 | % |  | 88 | % |  | 84 | % |  | 88 | % |  | 88 | % |  | 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 |  |  | 97 | % |  | 100 | % |  | 96 | % |  | 87 | % |  | 98 | % |  | Burlington Coat Factory, Bed Bath & Beyond, Petco, The Tile Shop, Staples, Lakeshore Learning Center, Dollar Tree, Circle K
| Germantown |  | Germantown, MD |  | 27,241 |  |  | 1992 |  | 2.7 |  |  | 100 | % |  | 81 | % |  | 81 | % |  | 81 | % |  | 82 | % |  | Jiffy Lube, CVS Pharmacy
| 726/730/750 N. Glebe Road |  | Arlington, VA |  | 23,688 |  |  | 2014/15 |  | 2.5 |  |  | 100 | % |  | 100 | % |  | N/A |  |  | N/A |  |  | N/A |  |  | Rosenthal Mazda
| The Glen |  | Woodbridge, VA |  | 136,440 |  |  | 1994 (2005) |  | 14.7 |  |  | 95 | % |  | 96 | % |  | 97 | % |  | 97 | % |  | 96 | % |  | Safeway Marketplace, The All American Steakhouse, Panera Bread, Five Guys, Chipotle
| Great Eastern |  | District Heights, MD |  | 255,398 |  |  | 1972 (1995) |  | 31.9 |  |  | 74 | % |  | 74 | % |  | 74 | % |  | 98 | % |  | 98 | % |  | Pep Boys, No Excuse Workout, Room Style Furniture
| Great Falls Center |  | Great Falls, VA |  | 91,666 |  |  | 2008 |  | 11.0 |  |  | 99 | % |  | 98 | % |  | 95 | % |  | 98 | % |  | 93 | % |  | Safeway, CVS Pharmacy, Capital One Bank, Starbucks, Subway
| Hampshire Langley |  | Takoma Park, MD |  | 131,700 |  |  | 1972 (1979) |  | 9.9 |  |  | 100 | % |  | 100 | % |  | 100 | % |  | 99 | % |  | 98 | % |  | Expo E Mart, Radio Shack, Starbucks, Chuck E. Cheese's, Sardi's Chicken, Kool Smiles
| Hunt Club Corners |  | Apopka, FL |  | 101,522 |  |  | 2006 |  | 13.9 |  |  | 94 | % |  | 94 | % |  | 94 | % |  | 94 | % |  | 94 | % |  | Publix, Walgreens, Radio Shack, Hallmark
| Jamestown Place |  | Altamonte Springs, FL |  | 96,341 |  |  | 2005 |  | 10.9 |  |  | 90 | % |  | 88 | % |  | 86 | % |  | 92 | % |  | 92 | % |  | Publix, Carrabas Italian Grill
| Kentlands Square I |  | Gaithersburg, MD |  | 114,381 |  |  | 2002 |  | 11.5 |  |  | 100 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | 98 | % |  | Lowe's Home Improvement Center, Chipotle
| Saul Centers, Inc.
| Schedule of Current Portfolio Properties
| September 30, 2015
|  |  |  |  |  | Leasable Area (Square Feet) |  | Year Acquired or Developed (Renovated) |  | Land Area (Acres) |  | Percentage Leased as of September 30, |  | (1)
|  | Property |  | Location |  |  |  |  | 2015 |  | 2014 |  | 2013 |  | 2012 |  | 2011 |  | Anchor / Significant Tenants
| Shopping Centers (continued) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Kentlands Square II |  | Gaithersburg, MD |  | 247,783 |  |  | 2011 |  | 23.4 |  |  | 99 | % |  | 99 | % |  | 96 | % |  | 96 | % |  | 100 | % |  | 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 |  | 40,697 |  |  | 2005 |  | 3.4 |  |  | 100 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | 93 | % |  | Elizabeth Arden's Red Door Salon, Bonefish Grill, Subway
| Lansdowne Town Center |  | Leesburg, VA |  | 189,422 |  |  | 2006 |  | 23.4 |  |  | 97 | % |  | 94 | % |  | 94 | % |  | 90 | % |  | 94 | % |  | 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 |  |  | 100 | % |  | 96 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | CVS Pharmacy, Party Depot, FedEx Kinko's, Verizon Wireless
| Lumberton Plaza |  | Lumberton, NJ |  | 192,718 |  |  | 1975 (1992/96) |  | 23.3 |  |  | 91 | % |  | 95 | % |  | 94 | % |  | 80 | % |  | 65 | % |  | Aldi, Rite Aid, Virtua Health Center, Family Dollar, Retro Fitness, Big Lots, Burger King
| Metro Pike Center |  | Rockville, MD |  | 67,488 |  |  | 2010 |  | 4.6 |  |  | 77 | % |  | 83 | % |  | 91 | % |  | 79 | % |  | 79 | % |  | McDonald's, Jennifer Convertibles, Dunkin Donuts, 7-Eleven, Mattress Warehouse
| Shops at Monocacy |  | Frederick, MD |  | 109,144 |  |  | 2004 |  | 13.0 |  |  | 100 | % |  | 97 | % |  | 93 | % |  | 89 | % |  | 92 | % |  | Giant Food, Giant Gas Station, Panera Bread, Starbucks, Five Guys, California Tortilla, Firehouse Subs, Comcast
| Northrock |  | Warrenton, VA |  | 99,789 |  |  | 2009 |  | 15.4 |  |  | 94 | % |  | 91 | % |  | 85 | % |  | 81 | % |  | 81 | % |  | 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 | % |  | 97 | % |  | 93 | % |  | 90 | % |  | Safeway, Advance Auto Parts, Dollar Tree, Radio Shack, McDonald's, Wendy's, Ledo's Pizza
| Olney |  | Olney, MD |  | 53,765 |  |  | 1975 (1990) |  | 3.7 |  |  | 96 | % |  | 94 | % |  | 94 | % |  | 95 | % |  | 97 | % |  | Rite Aid, Olney Grill, Ledo's Pizza, Popeye's, Sardi's Fusion Restaurant, Jersey Mikes
| Orchard Park |  | Dunwoody, GA |  | 87,365 |  |  | 2007 |  | 10.5 |  |  | 98 | % |  | 98 | % |  | 94 | % |  | 90 | % |  | 90 | % |  | Kroger, GNC, Subway, Pacific Dental
| Palm Springs Center |  | Altamonte Springs, FL |  | 126,446 |  |  | 2005 |  | 12.0 |  |  | 98 | % |  | 98 | % |  | 98 | % |  | 97 | % |  | 94 | % |  | Albertson's, Duffy's Sports Grill, Toojay's Deli, The Tile Shop, Rockler Tools
| Ravenwood |  | Baltimore, MD |  | 93,328 |  |  | 1972 (2006) |  | 8.0 |  |  | 99 | % |  | 96 | % |  | 94 | % |  | 91 | % |  | 93 | % |  | Giant Food, Starbucks
| 11503 Rockville Pk / 5541 Nicholson Ln |  | Rockville, MD |  | 40,249 |  |  | 2010 / 2012 |  | 3.0 |  |  | 63 | % |  | 63 | % |  | 70 | % |  | 100 | % |  | 100 | % |  | Staples, Casual Male
| 1500/1580/1582/1584 Rockville Pike |  | Rockville, MD |  | 110,128 |  |  | 2012/2014 |  | 10.3 |  |  | 90 | % |  | 99 | % |  | 100 | % |  | N/A |  |  | N/A |  |  | Party City, CVS Pharmacy, Sheffield Furniture
| Seabreeze Plaza |  | Palm Harbor, FL |  | 146,673 |  |  | 2005 |  | 18.4 |  |  | 93 | % |  | 97 | % |  | 91 | % |  | 98 | % |  | 95 | % |  | Publix, Earth Origins Health Food, Petco, Planet Fitness, Vision Works, My Salon Suites
| Marketplace at Sea Colony |  | Bethany Beach, DE |  | 21,677 |  |  | 2008 |  | 5.1 |  |  | 95 | % |  | 95 | % |  | 91 | % |  | 90 | % |  | 92 | % |  | Seacoast Realty, Armand's Pizza, Candy Kitchen, Touch of Italy
| Seven Corners |  | Falls Church, VA |  | 573,481 |  |  | 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 | % |  | 100 | % |  | Giant Food, Kohl's, Office Depot, A.C. Moore, Goodyear, Chipotle, McDonald's, Jos. A. Bank, Radio Shack, Five Guys, Unleashed (Petco)
| Shops at Fairfax |  | Fairfax, VA |  | 68,762 |  |  | 1975 (1993/99) |  | 6.7 |  |  | 100 | % |  | 96 | % |  | 100 | % |  | 100 | % |  | 95 | % |  | Super H Mart
| Saul Centers, Inc.
| Schedule of Current Portfolio Properties
| September 30, 2015
|  |  |  |  |  | Leasable Area (Square Feet) |  | Year Acquired or Developed (Renovated) |  | Land Area (Acres) |  | Percentage Leased as of September 30, |  | (1)
|  | Property |  | Location |  |  |  |  | 2015 |  | 2014 |  | 2013 |  | 2012 |  | 2011 |  | Anchor / Significant Tenants
| Shopping Centers (continued) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Smallwood Village Center |  | Waldorf, MD |  | 174,749 |  |  | 2006 |  | 25.1 |  |  | 69 | % |  | 72 | % |  | 74 | % |  | 70 | % |  | 63 | % |  | Safeway, CVS Pharmacy, Family Dollar
| Southdale |  | Glen Burnie, MD |  | 484,035 |  |  | 1972 (1986) |  | 39.6 |  |  | 95 | % |  | 89 | % |  | 97 | % |  | 93 | % |  | 84 | % |  | The Home Depot, Michaels Arts & Crafts, Marshalls, PetSmart, Value City Furniture, Athletic Warehouse, Starbucks, Gallo Clothing, Office Depot, The Tile Shop, Mercy Personal Physicians
| Southside Plaza |  | Richmond, VA |  | 371,761 |  |  | 1972 |  | 32.8 |  |  | 98 | % |  | 98 | % |  | 98 | % |  | 89 | % |  | 87 | % |  | Community Supermarket, Maxway, Citi Trends, City of Richmond, McDonald's, Burger King, Kool Smiles, Hibachi Grill
| South Dekalb Plaza |  | Atlanta, GA |  | 163,418 |  |  | 1976 |  | 14.6 |  |  | 90 | % |  | 93 | % |  | 94 | % |  | 88 | % |  | 87 | % |  | Rose's, Big Lots, Emory Clinic, Deal$ (Dollar Tree), Shoe Land
| Thruway |  | Winston-Salem, NC |  | 362,456 |  |  | 1972 (1997) |  | 30.5 |  |  | 96 | % |  | 96 | % |  | 95 | % |  | 93 | % |  | 85 | % |  | Harris Teeter, Trader Joe's, Stein Mart, Talbots, Hanes Brands, Jos. A. Bank, Bonefish Grill, Chico's, Ann Taylor Loft, 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 |  |  | 94 | % |  | 98 | % |  | 98 | % |  | 98 | % |  | 90 | % |  | Giant Food, Tuesday Morning, Starbucks, McDonald's, Pet Supplies Plus, Bikram Yoga
| Westview Village |  | Frederick, MD |  | 97,145 |  |  | 2009 |  | 11.6 |  |  | 95 | % |  | 90 | % |  | 87 | % |  | 82 | % |  | 55 | % |  | Sleepy's, Music & Arts, Firehouse Subs, CiCi's Pizza, Café Rio, Five Guys, Regus, Silver Diner
| White Oak |  | Silver Spring, MD |  | 480,676 |  |  | 1972 (1993) |  | 27.9 |  |  | 99 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | 99 | % |  | Giant Food, Sears, Walgreens, Boston Market, Sarku, Capital One Bank
|  |  |  | Total Shopping Centers | (3) | 7,905,264 |  |  |  |  | 760.1 |  |  | 95.4 | % |  | 95.0 | % |  | 94.7 | % |  | 93.0 | % |  | 90.8 | % |  |
Saul Centers, Inc.
Schedule of Current Portfolio Properties
September 30, 2015
|  |  |  |  |  | Leasable Area (Square Feet) |  | Year Acquired or Developed (Renovated) |  | Land Area (Acres) |  | Percentage Leased as of September 30, |  | (1)
|  | Property |  | Location |  |  |  |  | 2015 |  | 2014 |  | 2013 |  | 2012 |  | 2011 |  | Anchor / Significant Tenants
Mixed-Use Properties |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Avenel Business Park |  | Gaithersburg, MD |  | 390,683 |  |  | 1981-2000 |  | 37.1 |  |  | 85 | % |  | 90 | % |  | 91 | % |  | 87 | % |  | 79 | % |  | General Services Administration, Gene Dx, Inc., Molecular Transfer, Inc.
| Clarendon Center-North Block |  | Arlington, VA |  | 108,387 |  |  | 2010 |  | 0.6 |  |  | 96 | % |  | 96 | % |  | 96 | % |  | 90 | % |  | 86 | % |  | Pete's New Haven Pizza, AT&T, Four Sisters Grill, Airline Reporting Corporation
| Clarendon Center-South Block |  | Arlington, VA |  | 104,894 |  |  | 2010 |  | 1.3 |  |  | 100 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | 91 | % |  | 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 |  |  |  | 97 | % |  | 100 | % |  | 98 | % |  | 100 | % |  | 100 | % |  |
| Crosstown Business Center |  | Tulsa, OK |  | 197,127 |  |  | 1975 (2000) |  | 22.4 |  |  | 85 | % |  | 94 | % |  | 81 | % |  | 75 | % |  | 87 | % |  | Roxtec, Keystone Automotive, Freedom Express, Direct TV, Baldor Oklahoma Power Systems
| 601 Pennsylvania Ave. |  | Washington, DC |  | 227,021 |  |  | 1973 (1986) |  | 1.0 |  |  | 98 | % |  | 95 | % |  | 95 | % |  | 95 | % |  | 96 | % |  | National Gallery of Art, Americas Health Insurance Plans, Credit Union National Assn., Southern Company, Regus, Freedom Forum, Capital Grille
| Washington Square |  | Alexandria, VA |  | 236,376 |  |  | 1975 (2000) |  | 2.0 |  |  | 93 | % |  | 93 | % |  | 89 | % |  | 89 | % |  | 89 | % |  | Vanderweil Engineering, Freeman Expositions, 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, National Pace Association
|  |  |  | Total Mixed-Use Properties | (3) | 1,453,159 |  |  |  |  | 64.4 |  |  | 91.1 | % |  | 93.6 | % |  | 91.0 | % |  | 84.0 | % |  | 84.3 | % |  | (2)
|  |  |  | Total Portfolio | (3) | 9,358,423 |  |  |  |  | 824.5 |  |  | 94.8 | % |  | 94.8 | % |  | 94.2 | % |  | 91.6 | % |  | 89.8 | % |  | (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 |  |  |  | 1973/2011 |  | 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, 2015. 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.