Saul Centers (BFS) 10-Q 2015 Q1 Quarterly report

																			Exhibit 99 (a)
Saul Centers, Inc.
Schedule of Current Portfolio Properties
March 31, 2015
						Leasable Area (Square Feet)	Year Acquired or Developed (Renovated)	Land Area (Acres)	Percentage Leased as of March 31,										(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	93	%	93	%	92	%	91	%	88	%	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	%	93	%	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	94	%	93	%	92	%	81	%	82	%	Publix, Wachovia Bank, Jaco Hybrid Training, Subway
	Boulevard			Fairfax, VA		49,140	1994 (1999/09)	5.0	98	%	95	%	100	%	98	%	100	%	Panera Bread, Party City, Petco
	Briggs Chaney MarketPlace			Silver Spring, MD		194,347	2004	18.2	99	%	99	%	99	%	100	%	100	%	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	93	%	93	%	85	%	90	%	87	%	Safeway, The All American Steakhouse, Bonefish Grill, Dollar Tree, Starbucks, Subway
	Countryside Marketplace			Sterling, VA		137,662	2004	16.0	91	%	93	%	86	%	90	%	92	%	Safeway, CVS Pharmacy, Starbucks, McDonald's, 7-Eleven
	Cranberry Square			Westminster, MD		141,450	2011	18.9	97	%	98	%	95	%	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	%	84	%	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	99	%	100	%	87	%	94	%	98	%	Burlington Coat Factory, Bed Bath & Beyond, Petco, The Tile Shop, Staples, Lakeshore Learning Center, Dollar Tree
	Germantown			Germantown, MD		27,241	1992	2.7	100	%	81	%	81	%	91	%	79	%	Jiffy Lube, CVS
	730/750 N. Glebe Road			Arlington, VA		18,874	2014/15	2.3	100	%	N/A		N/A		N/A		N/A		Rosenthal Mazda
	The Glen			Woodbridge, VA		136,440	1994 (2005)	14.7	94	%	97	%	98	%	98	%	96	%	Safeway Marketplace, The All American Steakhouse, Panera Bread, Five Guys, Chipotle
	Great Eastern			District Heights, MD		255,398	1972 (1995)	31.9	73	%	74	%	75	%	99	%	98	%	Pep Boys, No Excuse Workout, Room Style Furniture
	Great Falls Center			Great Falls, VA		91,666	2008	11.0	100	%	96	%	98	%	99	%	92	%	Safeway, CVS Pharmacy, Capital One Bank, Starbucks, Subway
	Hampshire Langley			Takoma Park, MD		131,700	1972 (1979)	9.9	100	%	100	%	100	%	95	%	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	%	97	%	94	%	94	%	94	%	Publix, Walgreens, Radio Shack, Hallmark
	Jamestown Place			Altamonte Springs, FL		96,341	2005	10.9	90	%	89	%	91	%	92	%	92	%	Publix, Carrabas Italian Grill
	Kentlands Square I			Gaithersburg, MD		114,381	2002	11.5	100	%	100	%	100	%	100	%	100	%	Lowe's Home Improvement Center, Chipotle
	Kentlands Square II			Gaithersburg, MD		247,783	2011	23.4	98	%	99	%	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	96	%	100	%	100	%	97	%	93	%	Elizabeth Arden's Red Door Salon, Bonefish Grill, Subway
	Saul Centers, Inc.
	Schedule of Current Portfolio Properties
	March 31, 2015
						Leasable Area (Square Feet)	Year Acquired or Developed (Renovated)	Land Area (Acres)	Percentage Leased as of March 31,										(1)
		Property		Location					2015		2014		2013		2012		2011		Anchor / Significant Tenants
	Shopping Centers (continued)
	Lansdowne Town Center			Leesburg, VA		189,422	2006	23.4	98	%	98	%	94	%	96	%	92	%	Harris Teeter, CVS Pharmacy, Panera Bread, Not Your Average Joe's, Starbucks, Capital One Bank, Pike's Fish House, Blue Vino
	Leesburg Pike Plaza			Baileys Crossroads, VA		97,752	1966 (1982/95)	9.4	100	%	96	%	100	%	95	%	100	%	CVS Pharmacy, Party Depot, FedEx Kinko's, Radio Shack, Verizon Wireless
	Lumberton Plaza			Lumberton, NJ		192,718	1975 (1992/96)	23.3	93	%	94	%	93	%	82	%	90	%	Aldi, 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	80	%	92	%	84	%	74	%	89	%	McDonald's, Jennifer Convertibles, Dunkin Donuts, 7-Eleven, Mattress Warehouse
	Shops at Monocacy			Frederick, MD		109,144	2004	13.0	97	%	93	%	93	%	86	%	90	%	Giant Food, Giant Gas Station, Panera Bread, Starbucks, Five Guys, California Tortilla, Firehouse Subs, Comcast
	Northrock			Warrenton, VA		99,789	2009	15.4	95	%	87	%	82	%	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	99	%	97	%	96	%	93	%	91	%	Safeway, Advance Auto Parts, Dollar Tree, Radio Shack, McDonald's, Wendy's, Ledo's Pizza
	Olney			Olney, MD		53,765	1975 (1990)	3.7	89	%	94	%	94	%	95	%	94	%	Rite Aid, Olney Grill, Ledo's Pizza, Popeye's
	Orchard Park			Dunwoody, GA		87,365	2007	10.5	98	%	97	%	92	%	88	%	91	%	Kroger, GNC, Subway, Pacific Dental
	Palm Springs Center			Altamonte Springs, FL		126,446	2005	12.0	91	%	98	%	98	%	94	%	92	%	Albertson's, Duffy's Sports Grill, Toojay's Deli, The Tile Shop
	Ravenwood			Baltimore, MD		93,328	1972 (2006)	8.0	99	%	94	%	91	%	91	%	91	%	Giant Food, Starbucks
	11503 Rockville Pk / 5541 Nicholson Ln			Rockville, MD		40,249	2010 / 2012	3.0	63	%	70	%	70	%	100	%	100	%	Staples, Casual Male
	1500/1580/1582/1584 Rockville Pike			Rockville, MD		110,128	2012/2014	10.3	86	%	100	%	91	%	N/A		N/A		Party City, CVS, Sheffield Furniture
	Seabreeze Plaza			Palm Harbor, FL		146,673	2005	18.4	95	%	97	%	91	%	96	%	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	91	%	95	%	90	%	95	%	78	%	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	%	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, 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	98	%	96	%	100	%	100	%	93	%	Super H Mart
	Smallwood Village Center			Waldorf, MD		174,749	2006	25.1	72	%	74	%	70	%	69	%	64	%	Safeway, CVS Pharmacy, Family Dollar
	Southdale			Glen Burnie, MD		484,035	1972 (1986)	39.6	89	%	88	%	97	%	93	%	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
	March 31, 2015
						Leasable Area (Square Feet)	Year Acquired or Developed (Renovated)	Land Area (Acres)	Percentage Leased as of March 31,										(1)
		Property		Location					2015		2014		2013		2012		2011		Anchor / Significant Tenants
	Shopping Centers (continued)
	Southside Plaza			Richmond, VA		371,761	1972	32.8	98	%	98	%	98	%	93	%	92	%	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	95	%	94	%	88	%	89	%	82	%	Maxway, Big Lots, Emory Clinic, Deal$ (Dollar Tree), Shoe Land
	Thruway			Winston-Salem, NC		362,456	1972 (1997)	30.5	97	%	95	%	94	%	90	%	90	%	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	%	96	%	99	%	94	%	92	%	Giant Food, Tuesday Morning, Starbucks, McDonald's, Pet Supplies Plus, Bikram Yoga
	Westview Village			Frederick, MD		97,145	2009	11.6	93	%	88	%	86	%	57	%	45	%	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, Boston Market, Sarku, Capital One Bank
				Total Shopping Centers	(3)	7,886,184		759.9	94.8	%	94.8	%	93.6	%	92.7	%	92.5	%
Saul Centers, Inc.
Schedule of Current Portfolio Properties
March 31, 2015
						Leasable Area (Square Feet)	Year Acquired or Developed (Renovated)	Land Area (Acres)	Percentage Leased as of March 31,										(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	89	%	92	%	82	%	82	%	81	%	General Services Administration, Gene Dx, Inc., Direct Buy
	Clarendon Center-North Block			Arlington, VA		108,387	2010	0.6	96	%	96	%	96	%	86	%	75	%	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	%	99	%	57	%	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		98	%	99	%	100	%	98	%	92	%
	Crosstown Business Center			Tulsa, OK		197,127	1975 (2000)	22.4	85	%	81	%	81	%	87	%	87	%	Roxtec, Keystone Automotive, Freedom Express, Direct TV, Auto Panels Plus
	601 Pennsylvania Ave.			Washington, DC		227,021	1973 (1986)	1.0	98	%	95	%	95	%	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
	Washington Square			Alexandria, VA		236,376	1975 (2000)	2.0	92	%	86	%	87	%	92	%	77	%	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	92.2	%	90.7	%	87.7	%	88.7	%	81.2	%	(2)
				Total Portfolio	(3)	9,339,343		824.3	94.5	%	94.3	%	92.8	%	92.2	%	90.8	%	(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 March 31, 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.