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| | | | | | | | | | | | | | | | | | | | | | Exhibit 99 (a) |
Saul Centers, Inc. |
Schedule of Current Portfolio Properties |
June 30, 2016 |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | Leasable Area (Square Feet) | | Year Acquired or Developed (Renovated) | | Land Area (Acres) | | Percentage Leased as of June 30, | | (1) |
| | Property | | Location | | | | | 2016 | | 2015 | | 2014 | | 2013 | | 2012 | | Anchor / Significant Tenants |
| | | | | | | | | | | | | | | | | | | | | | |
Shopping Centers | | | | | | | | | | | | | | | | | | | | |
| Ashburn Village | | Ashburn, VA | | 221,585 |
| | 1994/00/01/02/06 | | 26.4 |
| | 92 | % | | 94 | % | | 93 | % | | 93 | % | | 91 | % | | 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, Fabric Place, Home Goods, Party Depot, Panera Bread, TGI Fridays, Starbucks, Famous Dave's, Chipotle, Boston Market, Merchant's Tire |
| 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 | % | | 97 | % | | 93 | % | | 91 | % | | 81 | % | | Publix, Wells Fargo, Jaco Hybrid Training, Subway |
| Boulevard | | Fairfax, VA | | 49,140 |
| | 1994 (1999/09) | | 5.0 |
| | 100 | % | | 98 | % | | 95 | % | | 100 | % | | 100 | % | | Panera Bread, Party City, Petco |
| Briggs Chaney MarketPlace | | Silver Spring, MD | | 194,258 |
| | 2004 | | 18.2 |
| | 100 | % | | 99 | % | | 99 | % | | 99 | % | | 100 | % | | 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 |
| | 99 | % | | 94 | % | | 94 | % | | 88 | % | | 86 | % | | The All American Steakhouse, Bonefish Grill, Dollar Tree, Starbucks, Minnieland Day Care |
| Countryside Marketplace | | Sterling, VA | | 138,229 |
| | 2004 | | 16.0 |
| | 93 | % | | 91 | % | | 92 | % | | 86 | % | | 92 | % | | Safeway, CVS Pharmacy, Starbucks, McDonald's |
| Cranberry Square | | Westminster, MD | | 141,450 |
| | 2011 | | 18.9 |
| | 100 | % | | 97 | % | | 98 | % | | 95 | % | | 91 | % | | Giant Food, Staples, Party City, Pier 1 Imports, Jos. A. Bank, Wendy's, Giant Gas Station |
| Cruse MarketPlace | | Cumming, GA | | 78,686 |
| | 2004 | | 10.6 |
| | 92 | % | | 88 | % | | 81 | % | | 84 | % | | 90 | % | | 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 |
| | 98 | % | | 99 | % | | 100 | % | | 94 | % | | 94 | % | | Burlington Coat Factory, Bed Bath & Beyond, Petco, The Tile Shop, Staples, Lakeshore Learning Center, Dollar Tree, Verizon |
| Germantown | | Germantown, MD | | 18,982 |
| | 1992 | | 2.7 |
| | 100 | % | | 100 | % | | 81 | % | | 81 | % | | 86 | % | | Jiffy Lube, CVS Pharmacy |
| 726/730/750 N. Glebe Road | | Arlington, VA | | 23,688 |
| | 2014/15 | | 2.5 |
| | — | % | | 100 | % | | N/A |
| | N/A |
| | N/A |
| |
|
| The Glen | | Woodbridge, VA | | 136,440 |
| | 1994 (2005) | | 14.7 |
| | 94 | % | | 94 | % | | 97 | % | | 98 | % | | 98 | % | | Safeway Marketplace, The All American Steakhouse, Panera Bread, Five Guys, Chipotle |
| Great Eastern | | District Heights, MD | | 255,398 |
| | 1972 (1995) | | 31.9 |
| | 94 | % | | 73 | % | | 74 | % | | 74 | % | | 98 | % | | Pep Boys, No Excuse Workout, Room Style Furniture, Kool Smiles |
| Great Falls Center | | Great Falls, VA | | 91,666 |
| | 2008 | | 11.0 |
| | 99 | % | | 99 | % | | 98 | % | | 95 | % | | 97 | % | | Safeway, CVS Pharmacy, Capital One Bank, Starbucks, Subway, Long & Foster |
| Hampshire Langley | | Takoma Park, MD | | 131,700 |
| | 1972 (1979) | | 9.9 |
| | 100 | % | | 100 | % | | 100 | % | | 100 | % | | 97 | % | | Mega Mart, Radio Shack, Starbucks, Chuck E. Cheese's, Sardi's Chicken |
| Hunt Club Corners | | Apopka, FL | | 105,882 |
| | 2006 | | 13.9 |
| | 93 | % | | 94 | % | | 97 | % | | 94 | % | | 94 | % | | Publix, Pet Supermarket, Sprint/Radio Shack, Hallmark |
| Jamestown Place | | Altamonte Springs, FL | | 96,341 |
| | 2005 | | 10.9 |
| | 95 | % | | 90 | % | | 89 | % | | 88 | % | | 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 |
| |
| |
| Saul Centers, Inc. |
| Schedule of Current Portfolio Properties |
| June 30, 2016 |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | Leasable Area (Square Feet) | | Year Acquired or Developed (Renovated) | | Land Area (Acres) | | Percentage Leased as of June 30, | | (1) |
| | Property | | Location | | | | | 2016 | | 2015 | | 2014 | | 2013 | | 2012 | | Anchor / Significant Tenants |
| | | | | | | | | | | | | | | | | | | | | | |
| Shopping Centers (continued) | | | | | | | | | | | | | | | | | | |
| Kentlands Square II | | Gaithersburg, MD | | 246,965 |
| | 2011 | | 23.4 |
| | 100 | % | | 99 | % | | 99 | % | | 96 | % | | 96 | % | | Giant Food, Kmart, Party City, Panera Bread, Not Your Average Joe's, Payless Shoes, Hallmark, Chick-Fil-A, Coal Fire Pizza, Boulevard Tavern, Cava Mezza Grill, Zengo Cycle, Fleet Feet |
| Kentlands Place | | Gaithersburg, MD | | 40,697 |
| | 2005 | | 3.4 |
| | 100 | % | | 93 | % | | 100 | % | | 100 | % | | 100 | % | | Elizabeth Arden's Red Door Salon, Bonefish Grill, Subway |
| Lansdowne Town Center | | Leesburg, VA | | 189,422 |
| | 2006 | | 23.4 |
| | 86 | % | | 98 | % | | 93 | % | | 95 | % | | 93 | % | | 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 | % | | 100 | % | | 96 | % | | 100 | % | | 95 | % | | CVS Pharmacy, Party Depot, FedEx Office, Verizon Wireless |
| Lumberton Plaza | | Lumberton, NJ | | 192,718 |
| | 1975 (1992/96) | | 23.3 |
| | 90 | % | | 91 | % | | 94 | % | | 93 | % | | 80 | % | | Aldi Grocery, Rite Aid, Virtua Health Center, Family Dollar, Retro Fitness, Big Lots, Burger King |
| Metro Pike Center | | Rockville, MD | | 67,488 |
| | 2010 | | 4.6 |
| | 89 | % | | 80 | % | | 92 | % | | 91 | % | | 79 | % | | McDonald's, Dunkin Donuts, 7-Eleven |
| Shops at Monocacy | | Frederick, MD | | 109,144 |
| | 2004 | | 13.0 |
| | 100 | % | | 97 | % | | 98 | % | | 93 | % | | 86 | % | | Giant Food, Giant Gas Station, Panera Bread, Starbucks, Five Guys, California Tortilla, Firehouse Subs, Comcast |
| Northrock | | Warrenton, VA | | 99,789 |
| | 2009 | | 15.4 |
| | 92 | % | | 94 | % | | 90 | % | | 82 | % | | 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 | % | | 98 | % | | 97 | % | | 93 | % | | Safeway, Advance Auto Parts, Dollar Tree, Radio Shack, Wendy's, Ledo's Pizza |
| Olney | | Olney, MD | | 53,765 |
| | 1975 (1990) | | 3.7 |
| | 91 | % | | 91 | % | | 94 | % | | 94 | % | | 93 | % | | Rite Aid, Olney Grill, Ledo's Pizza, Popeye's, Sardi's Fusion Restaurant |
| Orchard Park | | Dunwoody, GA | | 87,365 |
| | 2007 | | 10.5 |
| | 97 | % | | 98 | % | | 97 | % | | 92 | % | | 90 | % | | Kroger, Subway, Jett Ferry Dental |
| Palm Springs Center | | Altamonte Springs, FL | | 126,446 |
| | 2005 | | 12.0 |
| | 100 | % | | 98 | % | | 98 | % | | 98 | % | | 95 | % | | Safeway, Duffy's Sports Grill, Toojay's Deli, The Tile Shop, Rockler Tools |
| Ravenwood | | Baltimore, MD | | 93,328 |
| | 1972 (2006) | | 8.0 |
| | 100 | % | | 99 | % | | 94 | % | | 96 | % | | 90 | % | | Giant Food, Starbucks, Sleepy's, Dominos, Bank of America |
| 11503 Rockville Pk / 5541 Nicholson Ln | | Rockville, MD | | 40,249 |
| | 2010 / 2012 | | 3.0 |
| | 63 | % | | 63 | % | | 63 | % | | 70 | % | | 100 | % | | Casual Male |
| 1500/1580/1582/1584 Rockville Pike | | Rockville, MD | | 110,128 |
| | 2012/2014 | | 10.3 |
| | 87 | % | | 90 | % | | 100 | % | | 81 | % | | N/A |
| | Party City, CVS Pharmacy, Sheffield Furniture, Hooters |
| Seabreeze Plaza | | Palm Harbor, FL | | 146,673 |
| | 2005 | | 18.4 |
| | 98 | % | | 93 | % | | 97 | % | | 91 | % | | 98 | % | | Publix, Earth Origins Health Food, Petco, Planet Fitness, Vision Works |
| Marketplace at Sea Colony | | Bethany Beach, DE | | 21,677 |
| | 2008 | | 5.1 |
| | 100 | % | | 95 | % | | 95 | % | | 91 | % | | 90 | % | | Resort Quest, Armand's Pizza, Candy Kitchen, Burnzy's |
| Seven Corners | | Falls Church, VA | | 573,481 |
| | 1973 (1994-7/07) | | 31.6 |
| | 100 | % | | 99 | % | | 100 | % | | 100 | % | | 100 | % | | The Home Depot, Shoppers Food & Pharmacy, Michaels Arts & Crafts, Barnes & Noble, Ross Dress For Less, Ski Chalet, 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 |
| | 98 | % | | 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 |
| | 97 | % | | 100 | % | | 96 | % | | 100 | % | | 100 | % | | Super H Mart |
| |
| Saul Centers, Inc. |
| Schedule of Current Portfolio Properties |
| June 30, 2016 |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | Leasable Area (Square Feet) | | Year Acquired or Developed (Renovated) | | Land Area (Acres) | | Percentage Leased as of June 30, | | (1) |
| | Property | | Location | | | | | 2016 | | 2015 | | 2014 | | 2013 | | 2012 | | Anchor / Significant Tenants |
| | | | | | | | | | | | | | | | | | | | | | |
| Shopping Centers (continued) | | | | | | | | | | | | | | | | | | |
| Smallwood Village Center | | Waldorf, MD | | 174,749 |
| | 2006 | | 25.1 |
| | 69 | % | | 72 | % | | 72 | % | | 74 | % | | 70 | % | | Safeway, CVS Pharmacy, Family Dollar |
| Southdale | | Glen Burnie, MD | | 484,035 |
| | 1972 (1986) | | 39.6 |
| | 95 | % | | 96 | % | | 88 | % | | 97 | % | | 93 | % | | 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 |
| | 93 | % | | 98 | % | | 98 | % | | 98 | % | | 93 | % | | Community Supermarket, Maxway, Citi Trends, City of Richmond, McDonald's, Burger King, Kool Smiles, Falla's, Hibachi Grill |
| South Dekalb Plaza | | Atlanta, GA | | 163,418 |
| | 1976 | | 14.6 |
| | 91 | % | | 95 | % | | 93 | % | | 88 | % | | 89 | % | | Maxway, Big Lots, Emory Clinic, Dollar Tree, Shoe Land |
| Thruway | | Winston-Salem, NC | | 362,456 |
| | 1972 (1997) | | 30.5 |
| | 97 | % | | 97 | % | | 95 | % | | 95 | % | | 92 | % | | Harris Teeter, Trader Joe's, Stein Mart, Talbots, Hanes Brands, Jos. A. Bank, Bonefish Grill, Chico's, Ann Taylor Loft, Rite Aid, FedEx Office, 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, J. Crew |
| Village Center | | Centreville, VA | | 146,032 |
| | 1990 | | 17.2 |
| | 95 | % | | 97 | % | | 98 | % | | 99 | % | | 98 | % | | Giant Food, Tuesday Morning, Starbucks, McDonald's, Pet Supplies Plus, Bikram Yoga |
| Westview Village | | Frederick, MD | | 99,358 |
| | 2009 | | 11.6 |
| | 100 | % | | 97 | % | | 90 | % | | 83 | % | | 72 | % | | Silver Diner, 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 | % | | 99 | % | | 100 | % | | 100 | % | | 100 | % | | Giant Food, Sears, Walgreens, Boston Market, Sarku, Capital One Bank |
| | | | Total Shopping Centers | (3) | 7,902,983 |
| | | | 760.1 |
| | 95.6 | % | | 95.4 | % | | 94.9 | % | | 94.3 | % | | 92.4 | % | | |
| | | | | | | | | | | | | | | | | | | | | | |
Saul Centers, Inc. |
Schedule of Current Portfolio Properties |
June 30, 2016 |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | Leasable Area (Square Feet) | | Year Acquired or Developed (Renovated) | | Land Area (Acres) | | Percentage Leased as of June 30, | | (1) |
| | Property | | Location | | | | | 2016 | | 2015 | | 2014 | | 2013 | | 2012 | | Anchor / Significant Tenants |
| | | | | | | | | | | | | | | | | | | | | | |
Mixed-Use Properties | | | | | | | | | | | | | | | | | | | | |
| Avenel Business Park | | Gaithersburg, MD | | 390,683 |
| | 1981-2000 | | 37.1 |
| | 87 | % | | 89 | % | | 92 | % | | 85 | % | | 80 | % | | General Services Administration, Gene Dx, Inc., American Type Culture Collection, Inc. |
| Clarendon Center-North Block | | Arlington, VA | | 108,387 |
| | 2010 | | 0.6 |
| | 99 | % | | 96 | % | | 96 | % | | 96 | % | | 86 | % | | Pete's New Haven Pizza, AT&T, Airline Reporting Corporation, Mobility, Four Sisters Grill |
| Clarendon Center-South Block | | Arlington, VA | | 104,894 |
| | 2010 | | 1.3 |
| | 100 | % | | 100 | % | | 100 | % | | 100 | % | | 99 | % | | Trader Joe's, Circa, Burke & Herbert Bank, Bracket Room, Winston Partners, Keppler Speakers Bureau, ECG Management Co., Leadership Institute, Capital One |
| Clarendon Center Residential-South Block (244 units) | | 188,671 |
| | 2010 | | | | 97 | % | | 99 | % | | 100 | % | | 100 | % | | 98 | % | | |
| Crosstown Business Center | | Tulsa, OK | | 197,127 |
| | 1975 (2000) | | 22.4 |
| | 77 | % | | 85 | % | | 81 | % | | 81 | % | | 87 | % | | Roxtec, Freedom Express, Direct TV, Baldor |
| Park Van Ness- Residential (271 units) | | Washington, DC | | 214,600 |
| | 2016 | | 1.4 |
| | 34 | % | | N/A |
| | N/A |
| | N/A |
| | N/A |
| | |
| Park Van Ness-Retail | | Washington, DC | | 8,847 |
| | — | | — |
| | 100 | % | | N/A |
| | N/A |
| | N/A |
| | N/A |
| | Soapstone Market, Sfoglina Pasta House |
| 601 Pennsylvania Ave. | | Washington, DC | | 227,021 |
| | 1973 (1986) | | 1.0 |
| | 99 | % | | 98 | % | | 94 | % | | 95 | % | | 95 | % | | National Gallery of Art, Americas Health Insurance Plans, Credit Union National Assn., Southern Company, Regus, Freedom Forum, Capital Grille, Michael Best & Friedrich LLP |
| Washington Square | | Alexandria, VA | | 236,376 |
| | 1975 (2000) | | 2.0 |
| | 91 | % | | 94 | % | | 86 | % | | 89 | % | | 85 | % | | Vanderweil Engineering, Freeman Expositions, Tauri Group, Cooper Carry, Marketing General, Alexandria Economic Development, Trader Joe's, FedEx Office, Talbots, Sunday in Saigon Restaurant, Starbucks, National Pace Association |
| | | | Total Mixed-Use Properties | (3) | 1,676,606 |
| | | | 65.8 |
| | 84.1 | % | | 92.6 | % | | 90.3 | % | | 89.0 | % | | 83.8 | % | | (2) |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | Total Portfolio | (3) | 9,579,589 |
| | | | 825.9 |
| | 93.6 | % | | 95.0 | % | | 94.2 | % | | 93.6 | % | | 91.1 | % | | (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. |
| 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. Includes only operating properties owned as of June 30, 2016. 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. |