SAUL CENTERS, INC. - FORM 10-Q - EX-99 - SCHEDULE OF PORTFOLIO PROPERTIES - May 3, 2012

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Exhibit 99

Saul Centers, Inc.

Schedule of Current Portfolio Properties

March 31, 2012

 

Property

  

Location

   Leasable
Area
(Square
Feet)		    

Year

Acquired

or Developed
(Renovated)

   Land
Area
(Acres)		   Percentage Leased    (1)  

Anchor / Significant Tenants

           
          Mar-12    

Mar-11

  

Shopping Centers

              

Ashburn Village

  

Ashburn, VA

     221,770      1994/00/01/02/06   26.4     91%      88%   Giant Food, Hallmark Cards, McDonalds, Burger King, Dunkin Donuts, Kinder Care

Ashland Square Phase I

  

Dumfries, VA

     16,550      2007   2.0     100%      100%   Capital One Bank, CVS Pharmacy

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 Gardens

  

Baltimore, MD

     54,941      1972   4.8     93%      93%   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     81%      82%   Publix, Wachovia Bank

Boulevard

  

Fairfax, VA

     49,140      1994 (1999/09)   5.0     98%      100%   Panera Bread, Party City, Petco

Briggs Chaney MarketPlace

  

Silver Spring, MD

     194,347      2004   18.2     100%      100%   Safeway, Ross Dress For Less, Family Dollar, Advance Auto. McDonalds, Wendy’s, Chuck E Cheese

Broadlands Village

  

Ashburn, VA

     159,734      2003/4/6   24.0     90%      87%   Safeway, The All American Steakhouse, Bonefish Grill, Starbucks

Countryside Marketplace

  

Sterling, VA

     141,696      2004   16.0     90%      92%   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, Wendy’s’

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     94%      98%   Burlington Coat Factory, Bed Bath & Beyond, Staples, Famous Footwear, Lakeshore Learning Center, Alfred Angelo, Dollar Tree

Germantown

  

Germantown, MD

     27,241      1992   2.7     91%      79%   Jiffy Lube

Giant

  

Milford Mill, MD

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

The Glen

  

Woodbridge, VA

     135,870      1994 (2005)   14.7     98%      96%   Safeway Marketplace, The All American Steakhouse, Panera Bread, Five Guys

Great Eastern

  

District Heights, MD

     255,398      1972 (1995)   31.9     99%      98%   Fresh World, Pep Boys, Big Lots, Capital Sports Complex

Great Falls Center

  

Great Falls, VA

     91,666      2008   11.0     99%      92%   Safeway, CVS Pharmacy, Capital One Bank, Starbucks, Subway

Hampshire Langley

  

Takoma Park, MD

     131,700      1972 (1979)   9.9     95%      100%   Expo E Mart, Radio Shack, Starbucks, Footlocker

Hunt Club Corners

  

Apopka, FL

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

Jamestown Place

  

Altamonte Springs, FL

     96,372      2005   10.9     92%      92%   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

     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     97%      93%   Elizabeth Arden’s Red Door Salon, Bonefish Grill, Subway

 

Exhibit

Saul Centers, Inc.

Schedule of Current Portfolio Properties

March 31, 2012

 

Property

  

Location

   Leasable
Area
(Square
Feet)		    

Year

Acquired

or Developed
(Renovated)

   Land
Area
(Acres)		     Percentage Leased    (1)  

Anchor / Significant Tenants

           
          Mar-12    

Mar-11

  

Shopping Centers (continued)

              

Lansdowne Town Center

  

Leesburg, VA

     189,352      2006     23.4        96%      92%   Harris Teeter, CVS Pharmacy, Panera Bread, Not Your Average Joes, Starbucks, Velocity 5

Leesburg Pike Plaza

  

Baileys Crossroads, VA

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

Lumberton Plaza

  

Lumberton, NJ

     193,044      1975 (1992/96)     23.3        82%      90%   Bottom Dollar Food, Rite Aid, Virtua Health Center, Radio Shack, Family Dollar, Retro Fitness

Metro Pike Center

  

Rockville, MD

     67,487      2010     4.6        74%      89%   McDonalds, Jennifer Convertibles, Fed ExKinko’s, Dunkin Donuts, Seven Eleven

Shops at Monocacy

  

Frederick, MD

     109,144      2004     13.0        86%      90%   Giant Food, Giant Gas Station, Panera Bread, Starbucks, Five Guys, California Tortilla

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

     143,577      2003     16.0        93%      91%   Safeway, Advance Auto, Dollar Tree, Radio Shack, McDonalds, Wendy’s, Ledo’s Pizza

Olney

  

Olney, MD

     53,765      1975 (1990)     3.7        95%      94%   Rite Aid, Olney Grill, Ledo’s Pizza, Popeye’s

Orchard Park

  

Dunwoody, GA

     87,885      2007     10.5        88%      91%   Kroger

Palm Springs Center

  

Altamonte Springs, FL

     126,446      2005     12.0        94%      91%   Albertson’s, Office Depot, Mimi’s Cafe, Toojay’s Deli

Ravenwood

  

Baltimore, MD

     93,328      1972 (2006)     8.0        91%      91%   Giant Food, Starbucks

11503 Rockville Pike

  

Rockville, MD

     20,149      2010     1.9        100%      100%   Staples

Seabreeze Plaza

  

Palm Harbor, FL

     146,673      2005     18.4        96%      95%   Publix, Earth Origins Health Food, Petco, Planet Fitness, Vision Works

Marketplace at Sea Colony

  

Bethany Beach, DE

     21,677      2008     5.1        95%      78%   Seacoast Realty, Armand’s Pizza, Candy Kitchen, Turquoise Restaurant

Seven Corners

  

Falls Church, VA

     574,831      1973 (1994-7/07)     31.6        91%      100%   The Home Depot, Shoppers Food & Pharmacy, 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, Wendy’s

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, Atlanta Bread Company, Five Guys, Unleashed

Shops at Fairfax

  

Fairfax, VA

     68,743      1975 (1993/99)     6.7        100%      93%   Super H Mart

Smallwood Village Center

  

Waldorf, MD

     173,281      2006     25.1        69%      64%   Safeway, CVS Pharmacy, Family Dollar

Southdale

  

Glen Burnie, MD

     484,115      1972 (1986)     39.6        93%      94%   The Home Depot, Foodvalu, Michaels Arts & Crafts, Marshalls, PetSmart, Value City Furniture, Athletic Warehouse, Starbucks, Gallo Clothing

Southside Plaza

  

Richmond, VA

     371,761      1972     32.8        93%      92%   Community Supermarket, Maxway, Citi Trends, City of Richmond, McDonalds, Burger King, Kool Smiles

South Dekalb Plaza

  

Atlanta, GA

     163,418      1976     14.6        89%      82%   Maxway, Big Lots, Emory Clinic, Deal$ (Dollar Tree)

Thruway

  

Winston-Salem, NC

     362,600      1972 (1997)     30.5        90%      90%   Harris Teeter, Trader Joe’s, 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, McDonalds, Chick-Fil-A, Wells Fargo Bank, Francesca’s Collections, Great Outdoor Provision Company

Village Center

  

Centreville, VA

     146,309      1990     17.2        94%      92%   Giant Food, Tuesday Morning, Starbucks, McDonalds

West Park

  

Oklahoma City, OK

     76,610      1975     11.2        12%      12%   Family Dollar

Westview Village

  

Frederick, MD

     100,997      2009     10.4        57%      45%   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     7,935,955          764.7        91.9%      91.6%  
   

 

 

      

 

 

    

 

 

    

 

  

 

Exhibit

Saul Centers, Inc.

Schedule of Current Portfolio Properties

March 31, 2012

 

Property

  

Location

   Leasable
Area
(Square
Feet)		    

Year

Acquired

or Developed
(Renovated)

   Land
Area
(Acres)		     Percentage Leased    (1)  

Anchor / Significant Tenants

           
          Mar-12    

Mar-11

  

Mixed-Use Properties

              

Avenel Business Park

   Gaithersburg, MD     390,579      1981-2000     37.1        82%      81%   General Services Administration, VIRxSYS, SeraCare Life Sciences, Bio-Reference Laboratories, Inc, Direct Buy

Clarendon Center-North Block

   Arlington, VA     108,387      2010     0.6        86%      75%   Pete’s New Haven Pizza, AT&T, BGR, Airline Reporting Corporation, Personnel Decisions

Clarendon Center-South Block

   Arlington, VA     104,638      2010     1.3        99%      57%   Trader Joe’s, Circa, Burke Herbert Bank, Cannon Design, Winston Partners, Keppler Speakers Bureau, ECG Management Co., Leadership Institute, Capital One

Clarendon Center Residential-South Block (244 units)

       188,671      2010       98%      99%  

Crosstown Business Center

   Tulsa, OK     197,127      1975 (2000)     22.4        87%      87%   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        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

Van Ness Square

   Washington, DC     159,411  (3)    1973 (1990)     1.4  (3)      60%  (3)    64%   Office Depot, Pier 1

Washington Square

   Alexandria, VA     235,042      1975 (2000)     2.0        92%      76%   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, The Business Bank
   

 

 

      

 

 

    

 

 

    

 

  
Total Mixed-Use Properties     1,610,459          65.8        85.5%  (2)    79.3%  
   

 

 

      

 

 

    

 

 

    

 

  
Total Portfolio     9,546,414          830.5        90.9%  (2)    89.6%  
   

 

 

      

 

 

    

 

 

    

 

  
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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