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10-Q - FORM 10-Q - SAUL CENTERS, INC.d10q.htm
EX-31 - EXHIBIT 31 - SAUL CENTERS, INC.dex31.htm
EX-32 - EXHIBIT 32 - SAUL CENTERS, INC.dex32.htm

Exhibit 99

 

Saul Centers, Inc.

Schedule of Current Portfolio Properties

March 31, 2011

  

  

  

          

Property

 

Location

  Leasable
Area
(Square
Feet)
    Year Acquired
or Developed
(Renovated)
    Land
Area
(Acres)
   

 

Percentage Leased

    

Anchor / Significant Tenants

          Mar-11     Mar-10 (1)     

Shopping Centers

              

Ashburn Village

  Ashburn, VA     16,550        1994/00/01/02/06        26.4        88%        94%       Giant Food, Ruby Tuesday, Hallmark Cards, McDonalds, Burger King

Ashland Square Phase I

  Manassas, VA     221,770        2007        2.0        100%        100%       Capital One Bank

Beacon Center

  Alexandria, VA     356,115        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%        36%       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        82%        81%       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        100%        97%       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        87%        92%       Safeway, The All American Steakhouse, Bonefish Grill, Starbucks

Countryside

  Sterling, VA     141,696        2004        16.0        92%        91%       Safeway, CVS Pharmacy, Starbucks

Cruse MarketPlace

  Cumming, GA     78,686        2004        10.6        86%        90%       Publix

Flagship Center

  Rockville, MD     21,500        1972, 1989        0.5        100%        100%      

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        79%        86%       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%        90%       Safeway Marketplace, The All American Steakhouse, Panera Bread, Five Guys

Great Eastern

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

Great Falls Center

  Great Falls, VA     91,666        2008        11.0        92%        93%       Safeway, CVS Pharmacy, Capital One Bank, Subway

Hampshire Langley

  Takoma Park, MD     131,700        1972(1979)        9.9        100%        96%       Expo E Mart, Radio Shack, Starbucks, Footlocker

Hunt Club Corners

  Apopka, FL     101,522        2006        13.1        94%        96%       Publix, Walgreens, Radio Shack, Hallmark

Jamestown Place

  Altamonte Springs, FL     96,372        2005        10.9        92%        87%       Publix, Carrabas Italian Grill

Kentlands Square

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

Kentlands Place

  Gaithersburg, MD     40,648        2005        3.4        93%        100%       Elizabeth Arden’s Red Door Salon, Bonefish Grill

Exhibit


Saul Centers, Inc.

Schedule of Current Portfolio Properties

March 31, 2011

            

Property

 

Location

  Leasable
Area
(Square
Feet)
    Year Acquired
or Developed
(Renovated)
    Land
Area
(Acres)
   

 

Percentage Leased

    

Anchor / Significant Tenants

          Mar-11     Mar-10 (1)     

Shopping Centers (continued)

              

Lansdowne Town Center

  Leesburg, VA     189,355        2006        23.4        92%        93%       Harris Teeter, CVS Pharmacy, Panera Bread, Not Your Average Joes, Starbucks

Leesburg Pike

  Baileys Crossroads, VA     97,752        1966(1982/95)        9.4        100%        99%       CVS Pharmacy, Party Depot, FedEx/Kinkos, Radio Shack, Verizon Wireless

Lumberton Plaza

  Lumberton, NJ     193,044        1975(1992/96)        23.3        90%        98%       Rite Aid, Virtua Health Center, Radio Shack, Family Dollar

Metro Pike Center

  Rockville, MD     67,487        2010        4.6        89%        NA       McDonalds, Jennifer Convertibles, FedEx/Kinkos, Dunkin Donuts, Seven Eleven

Shops at Monocacy

  Frederick, MD     109,144        2004        13.0        90%        97%       Giant Food, Panera Bread, Starbucks

Northrock

  Warrenton, VA     103,439        2009        15.4        72%        69%       Harris Teeter, Longhorn Steakhouse, Ledo’s Pizza

Olde Forte Village

  Ft. Washington, MD     143,175        2003        16.0        91%        89%       Safeway, Radio Shack, McDonalds, Wendys, Ledo’s Pizza

Olney

  Olney, MD     53,765        1975(1990)        3.7        94%        99%       Rite Aid, Olney Grill

Orchard Park

  Dunwoody, GA     87,885        2007        10.5        91%        91%       Kroger, Starbucks

Palm Springs Center

  Altamonte Springs, FL     126,446        2005        12.0        91%        93%       Albertson’s, Office Depot, Mimi’s Cafe, Toojay’s Deli

Ravenwood

  Baltimore, MD     93,328        1972(2006)        8.0        91%        91%       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%        98%       Publix, Earth Origins Health Food, Petco, Planet Fitness

Marketplace at Sea Colony

  Bethany Beach, DE     21,677        2008        5.1        78%        91%       Seacoast Realty, Armand’s Pizza, Candy Kitchen

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, G Street Fabrics, Off-Broadway Shoes, The Room Store, Dress Barn, Starbucks, Dogfishhead Ale House, Red Robin Gourmet Burgers, Chipotle, Wendys

Shops at Fairfax

  Fairfax, VA     68,743        1975(1993/99)        6.7        93%        98%       Super H Mart

Smallwood Village Center

  Waldorf, MD     172,861        2006        25.1        64%        74%       Safeway, CVS Pharmacy, Family Dollar

Southdale

  Glen Burnie, MD     484,115        1972(1986)        39.6        94%        95%       The Home Depot, Michaels Arts & Crafts, Marshalls, PetSmart, Value City Furniture, Athletic Warehouse, Starbucks, All Green Market, Gallo Clothing

Southside Plaza

  Richmond, VA     371,761        1972        32.8        92%        87%       Community Supermarket, Maxway, Citi Trends, City of Richmond, McDonalds, Burger King

South Dekalb Plaza

  Atlanta, GA     163,418        1976        14.6        82%        89%       Maxway, Big Lots, Emory Clinic

Thruway

  Winston-Salem, NC     362,600        1972(1997)        30.5        90%        96%       Harris Teeter, Borders Books, Stein Mart, Talbots, Hanes Brands, JoS. A Banks, Bonefish Grill, Chico’s, Ann Taylor Loft, Coldwater Creek, Rite Aid, FedEx/Kinkos, New Balance, Aveda Salon, Christies Hallmark, Carter’s Kids

Village Center

  Centreville, VA     143,109        1990        17.2        92%        92%       Giant Food, Tuesday Morning, Starbucks

West Park

  Oklahoma City, OK     76,610        1975        11.2        12%        19%       Family Dollar

Westview Village

  Frederick, MD     100,997        2009        10.4        45%        28%       Mimi’s Cafe, Sleepy’s, WOW Wingery, 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

    7,291,350          702.9        91.6%        91.9%      

Exhibit


Saul Centers, Inc.

Schedule of Current Portfolio Properties

March 31, 2011

            

Property

 

Location

  Leasable
Area
(Square
Feet)
    Year
Acquired
or Developed
(Renovated)
    Land
Area
(Acres)
   

 

Percentage Leased

    

Anchor / Significant Tenants

          Mar-11     Mar-10 (1)     

Mixed-Use Properties

              

Avenel Business Park

  Gaithersburg, MD     390,579        1981-2000        37.1        81%        84%       General Services Administration, VIRxSYS, Quanta Systems, SeraCare Life Sciences

Clarendon Center-North Block

  Arlington, VA     108,387        2010        0.6        75%        NA       Airline Reporting Corporation, Pete’s New Haven aPizza, AT&T, BGR

Clarendon Center-South Block

  Arlington, VA     104,662        2010        1.3        57%        NA       Leadership Institute, Winston Partners, Keppler Speakers Bureau, Trader Joe’s, Circa Cafe, Burke & Herbert Bank
-South Block Residential (244 units)     188,671            92%        NA      

Crosstown Business Center

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

601 Pennsylvania Ave.

  Washington, DC     226,604        1973(1986)        1.0        95%        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)      64%  (3)      91%       Office Depot, Pier 1

Washington Square

  Alexandria, VA     235,042        1975(2000)        2.0        76%        97%       Vanderweil Engineering, Agentrics, EarthTech, Thales, Cooper Carry, Bank of America, Trader Joe’s, Fed Ex/Kinko’s, Talbots
              
                                      
  Total Mixed-Use Properties     1,610,491          65.8        79.3%  (2)      89.5%      
              
                                      
  Total Portfolio     8,901,841          768.7        89.6%  (2)      91.6%      

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 recent acquisition of 4469 Connecticut Avenue.

Exhibit