SAUL CENTERS, INC. - FORM 10-Q - EX-99 - EXHIBIT 99 - November 8, 2011

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Exhibit 99

Saul Centers, Inc.

Schedule of Current Portfolio Properties

September 30, 2011

                                               
          Leasable      Year                             
          Area      Acquired    Land                        
          (Square      or Developed    Area      Percentage Leased     (1)     

Property

   

Location

    Feet)      (Renovated)    (Acres)      Sep-11     Sep-10         

Anchor /Significant Tenants

Shopping Centers

                      

Ashburn Village

    Ashburn, VA      221,770       1994/00/01/02/06      26.4         87 %      93 %       Giant Food, Ruby Tuesday, Hallmark Cards, McDonalds, Burger King

Ashland Square Phase I

    Manassas, VA      16,550       2007      2.0         100 %      100 %       Capital One Bank

Beacon Center

    Alexandria, VA      358,015       1972(1993/99/07)      32.3         100 %      100 %       Lowe’s Home Improvement Center, Giant Food, Office Depot, Outback Steakhouse, Marshalls, Hancock Fabrics, Party Depot, Panera Bread, TGI Fridays, Starbucks, Famous Dave’s, Chipotle

Belvedere

    Baltimore, MD      54,941       1972      4.8         93 %      95 %       Fresh Point Grocery Store, Family Dollar

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         78 %      82 %       Publix, Wachovia Bank

Boulevard

    Fairfax, VA      49,140       1994(1999/09)      5.0         100 %      100 %       Panera Bread, Party City, Petco

Briggs Chaney MarketPlace

    Silver Spring, MD      194,347       2004      18.2         97 %      99 %       Safeway, Ross Dress For Less, Family Dollar, Advance Auto. McDonalds, Wendys, Chuck E Cheese

Broadlands Village

    Ashburn, VA      159,734       2003/4/6      24.0         91 %      84 %       Safeway, The All American Steakhouse, Bonefish Grill, Starbucks

Countryside

    Sterling, VA      141,696       2004      16.0         92 %      94 %       Safeway, CVS Pharmacy, Starbucks

Cranberry Square

    Westminster, MD      141,569       2011      18.9         91 %      NA         Giant Food, Staples, Party City, Pier 1 Imports, Jos A Banks, Wendys’

Cruse MarketPlace

    Cumming, GA      78,686       2004      10.6         88 %      86 %       Publix

Flagship Center

    Rockville, MD      21,500       1972, 1989      0.5         100 %      100 %       Capital One Bank

French Market

    Oklahoma City, OK      244,724       1974(1984/98)      13.8         98 %      97 %       Burlington Coat Factory, Bed Bath & Beyond, Staples, Famous Footwear, Lakeshore Learning Center, Alfred Angelo, Dollar Tree

Germantown

    Germantown, MD      27,241       1992      2.7         82 %      82 %       Jiffy Lube

Giant

    Baltimore, MD      70,040       1972(1990)      5.0         94 %      94 %       Giant Food

The Glen

    Lake Ridge, VA      133,610       1994(2005)      14.7         96 %      100 %       Safeway Marketplace, The All American Steakhouse, Panera Bread, Five Guys

Great Eastern

    District Heights, MD      255,398       1972(1995)      31.9         98 %      98 %       Fresh World, Pep Boys, Big Lots, Capital Sports Complex

Great Falls Center

    Great Falls, VA      91,666       2008      11.0         93 %      93 %       Safeway, CVS Pharmacy Capital One Bank, Subway

Hampshire Langley

    Takoma Park, MD      131,700       1972(1979)      9.9         98 %      100 %       Expo E Mart, Radio Shack, Starbucks, Footlocker

Hunt Club Corners

    Apopka, FL      101,522       2006      13.1         94 %      95 %       Publix, Walgreens, Radio Shack, Hallmark

Jamestown Place

    Altamonte Springs, FL      96,372       2005      10.9         92 %      89 %       Publix, Carrabas Italian Grill

Kentlands Square I

    Gaithersburg, MD      114,381       2002      11.5         98 %      100 %       Lowe’s Home Improvement Center, Chipotle

Kentlands Square II

    Gaithersburg, MD      240,683       2011      22.3         100 %      NA         Giant Food, Kmart, Party City, Panera Bread, Not Your Average Joe’s, Payless Shoes, Hallmark, Chick-Fil-A

Kentlands Place

    Gaithersburg, MD      40,648       2005      3.4         93 %      97 %       Elizabeth Arden’s Red Door Salon, Bonefish Grill

Exhibit

Saul Centers, Inc.

Schedule of Current Portfolio Properties

September 30, 2011

 

          Leasable      Year                             
          Area      Acquired    Land                        
          (Square      or Developed    Area      Percentage Leased     (1)     

Property

   

Location

    Feet)      (Renovated)    (Acres)      Sep-11     Sep-10         

Anchor / Significant Tenants

Shopping Centers (continued)

                      

Lansdowne Town Center

    Leesburg, VA      189,355       2006      23.4         94 %      91 %       Harris Teeter, CVS Pharmacy, Panera Bread, Not Your Average Joes, Starbucks, Velocity 5

Leesburg Pike

    Baileys Crossroads, VA      97,752       1966 (1982/95)      9.4         100 %      97 %       CVS Pharmacy, Party Depot, FedEx Kinko’s, Radio Shack, Verizon Wireless

Lumberton Plaza

    Lumberton, NJ      193,044       1975 (1992/96)      23.3         65 %      92 %       Rite Aid, Virtua Health Center, Radio Shack, Family Dollar

Metro Pike Center

    Rockville, MD      67,487       2010      4.6         79 %      NA         McDonalds, Jennifer Convertibles, Fed ExKinko’s, Dunkin Donuts, Seven Eleven

Shops at Monocacy

    Frederick, MD      109,144       2004      13.0         92 %      99 %       Giant Food, Giant Gas Station, Panera Bread, Starbucks

Northrock

    Warrenton, VA      103,439       2009      15.4         78 %      72 %       Harris Teeter, Longhorn Steakhouse, Ledo’s Pizza, Capital One Bank

Olde Forte Village

    Ft. Washington, MD      143,615       2003      16.0         90 %      94 %       Safeway, Advance Auto, Radio Shack, McDonalds, Wendys, Ledo’s Pizza

Olney

    Olney, MD      53,765       1975 (1990)      3.7         97 %      95 %       Rite Aid, Olney Grill

Orchard Park

    Dunwoody, GA      87,885       2007      10.5         90 %      89 %       Kroger

Palm Springs Center

    Altamonte Springs, FL      126,446       2005      12.0         94 %      94 %       Albertson’s, Office Depot, Mimi’s Cafe, Toojay’s Deli

Ravenwood

    Baltimore, MD      93,328       1972(2006)      8.0         93 %      90 %       Giant Food, Starbucks

11305 Rockville Pike

    Rockville, MD      20,149       2010      1.9         100 %      NA         Staples

Seabreeze Plaza

    Palm Harbor, FL      146,673       2005      18.4         95 %      94 %       Publix, Earth Origins Health Food, Petco, Planet Fitness

Marketplace at Sea Colony

    Bethany Beach, DE      21,677       2008      5.1         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 %       The Home Depot, Shoppers Food & Pharmacy, Syms, Michaels Arts & Crafts, Barnes & Noble, Ross Dress For Less, Ski Chalet, G Street Fabrics, Off-Broadway Shoes, The Room Store, Dress Barn, Starbucks, Dogfishhead Ale House, Red Robin Gourmet Burgers, Chipotle, Wendys

Severna Park Marketplace

    Severna Park, MD      254,174       2011      20.6         100 %      NA         Giant Food, Kohl’s, Office Depot, A.C. Moore, Goodyear, Chipotle, McDonalds, Jos. A Banks, Radio Shack

Shops at Fairfax

    Fairfax, VA      68,743       1975 (1993/99)      6.7         95 %      93 %       Super H Mart

Smallwood Village Center

    Waldorf, MD      172,861       2006      25.1         63 %      76 %       Safeway, CVS Pharmacy, Family Dollar

Southdale

    Glen Burnie, MD      484,115       1972 (1986)      39.6         84 %      94 %       The Home Depot, Michaels Arts & Crafts, Marshalls, PetSmart, Value City Furniture, Athletic Warehouse, Starbucks, Gallo Clothing

Southside Plaza

    Richmond, VA      371,761       1972      32.8         87 %      91 %       Community Supermarket, Maxway, Citi Trends, City of Richmond, McDonalds, Burger King

South Dekalb Plaza

    Atlanta, GA      163,418       1976      14.6         87 %      82 %       Maxway, Big Lots, Emory Clinic

Thruway

    Winston-Salem, NC      362,600       1972 (1997)      30.5         85 %      96 %       Harris Teeter, Stein Mart, Talbots, Hanes Brands, Jos. A Banks, Bonefish Grill, Chico’s, Ann Taylor Loft, Coldwater Creek, Rite Aid, FedEx/Kinkos, Plow & Hearth, New Balance, Aveda Salon, Christies Hallmark, Carter’s Kids

Village Center

    Centreville, VA      143,109       1990      17.2         90 %      89 %       Giant Food, Tuesday Morning, Starbucks

West Park

    Oklahoma City, OK      76,610       1975      11.2         12 %      12 %       Family Dollar

Westview Village

    Frederick, MD      100,997       2009      10.4         55 %      36 %       Mimi’s Cafe, Sleepy’s, Music & Arts, Firehouse Subs, CiCi’s Pizza

White Oak

    Silver Spring, MD      480,276       1972 (1993)      28.5         99 %      99 %       Giant Food, Sears, Walgreens, Radio Shack, Boston Market, Sarku
     

 

 

        

 

 

     

 

 

    

 

 

       

Total Shopping Centers

      7,930,116            764.7         90.7 %      92.4 %      
     

 

 

        

 

 

     

 

 

    

 

 

       

Exhibit

Saul Centers, Inc.

Schedule of Current Portfolio Properties

September 30, 2011

 

          Leasable     Year                              
          Area     Acquired      Land                       
          (Square     or Developed      Area     Percentage Leased     (1)     

Property

   

Location

    Feet)     (Renovated)      (Acres)     Sep-11     Sep-10         

Anchor / Significant Tenants

Mixed-Use Properties

                    

Avenel Business Park

    Gaithersburg, MD      390,579        1981-2000         37.1        79 %      86 %       General Services Administration, VIRxSYS, Quanta Systems, SeraCare Life Sciences, Bio-Reference Laboratories, Inc, Direct Buy

Clarendon Center Retail-N & S Blocks

    Arlington, VA      41,724        2010         1.8        100 %      NA         Trader Joe’s, Burke & Herbert Bank, Circa Café, Pete’s New Haven aPizza, AT&T, BGR

Clarendon Center Office-N & S Blocks

    Arlington, VA      171,301        2010           86 %      NA         Airline Reporting Corporation, Leadership Institute, Winston Partners, Keppler Speakers Bureau, Cannon, ECG Management Co.

-South Block Residential (244 units)

      188,671        2010           100 %      NA        

Crosstown Business Center

    Tulsa, OK      197,135        1975(2000)         22.4        87 %      78 %       Compass Group, Roxtec, Keystone Automotive, Freedom Express, Direct TV, Auto Panels Plus, Valhoma Corporation

601 Pennsylvania Ave.

    Washington, DC      226,604        1973(1986)         1.0        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

Van Ness Square

    Washington, DC      159,411 (3)      1973(1990)         1.4 (3)      62 %(3)      89 %       Office Depot, Pier 1

Washington Square

    Alexandria, VA      235,042        1975(2000)         2.0        89 %      97 %       Vanderweil Engineering, Agentrics, EarthTech, Thales, Cooper Carry, Bank of America, Marketing General, Alexandria Economic Development, Trader Joe’s, Fed Ex/Kinko’s, Talbots, Teaism Restaurant
     

 

 

       

 

 

    

 

 

    

 

 

       

Total Mixed-Use Properties

      1,610,467           65.7        84.3 %(2)      89.9 %      
     

 

 

       

 

 

    

 

 

    

 

 

       
   Total Portfolio      9,540,583           830.4        89.7 %(2)      92.0 %      
     

 

 

       

 

 

    

 

 

    

 

 

       

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.

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           52.8            
          

 

 

           

 

(1) Percentage leased is a percentage of rentable square feet leased for commercial space and a percentage of units leased for apartments.

 

(2) Total percentage leased is for commercial space only.

 

(3) Includes 2011 acquisition of 4469 Connecticut Avenue (2,918 SF).

Exhibit

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