|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | Exhibit 99 (a) |
Saul Centers, Inc. |
Schedule of Current Portfolio Properties |
June 30, 2018 |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | Leasable Area (Square Feet) | | Year Acquired or Developed (Renovated) | | Land Area (Acres) | | Percentage Leased as of June 30, | | (1) |
| | Property | | Location | | | | | 2018 | | 2017 | | 2016 | | 2015 | | 2014 | | Anchor / Significant Tenants |
| | | | | | | | | | | | | | | | | | | | | | |
Shopping Centers | | | | | | | | | | | | | | | | | | | | |
| Ashburn Village | | Ashburn, VA | | 221,596 |
| | 1994-2006 | | 26.4 |
| | 99 | % | | 93 | % | | 92 | % | | 94 | % | | 93 | % | | 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 | | 356,971 |
| | 1972 (1993/99/07) | | 32.3 |
| | 100 | % | | 100 | % | | 100 | % | | 100 | % | | 100 | % | | Lowe's Home Improvement Center, Giant Food, Home Goods, Outback Steakhouse, Marshalls, Party Depot, Panera Bread, TGI Fridays, Starbucks, Famous Dave's, Chipotle, Capital One Bank |
| 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 | % | | 95 | % | | 100 | % | | 97 | % | | 93 | % | | Publix, Wells Fargo, Palm Beach Fitness, Anthony's Clothing |
| Boulevard | | Fairfax, VA | | 49,140 |
| | 1994 (1999/09) | | 5.0 |
| | 100 | % | | 100 | % | | 100 | % | | 98 | % | | 95 | % | | Panera Bread, Party City, Petco, Capital One Bank |
| Briggs Chaney MarketPlace | | Silver Spring, MD | | 194,258 |
| | 2004 | | 18.2 |
| | 95 | % | | 93 | % | | 100 | % | | 99 | % | | 99 | % | | Global Food, Ross Dress For Less, Family Dollar, Advance Auto Parts, McDonald's, Dunkin Donuts |
| Broadlands Village | | Ashburn, VA | | 174,334 |
| | 2003/4/6 | | 24.0 |
| | 77 | % | | 78 | % | | 99 | % | | 94 | % | | 94 | % | | Aldi Grocery, The All American Steakhouse, Bonefish Grill, Dollar Tree, Starbucks, Minnieland Day Care, Capital One Bank |
| Burtonsville Town Square | | Burtonsville, MD | | 122,052 |
| | 2017 | | 26.3 |
| | 100 | % | | 100 | % | | N/A |
| | N/A |
| | N/A |
| | Giant Food, Petco, Starbucks, Green Turtle, Capital One Bank, CVS Pharmacy, Roy Rogers |
| Countryside Marketplace | | Sterling, VA | | 138,204 |
| | 2004 | | 16.0 |
| | 95 | % | | 94 | % | | 93 | % | | 91 | % | | 92 | % | | Safeway, CVS Pharmacy, Starbucks, McDonald's |
| Cranberry Square | | Westminster, MD | | 141,450 |
| | 2011 | | 18.9 |
| | 100 | % | | 100 | % | | 100 | % | | 97 | % | | 98 | % | | 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 |
| | 89 | % | | 87 | % | | 92 | % | | 88 | % | | 81 | % | | Publix, Subway, Orange Theory |
| Flagship Center | | Rockville, MD | | 21,500 |
| | 1972, 1989 | | 0.5 |
| | 100 | % | | 100 | % | | 100 | % | | 100 | % | | 100 | % | | Capital One Bank, Bank of America |
| French Market | | Oklahoma City, OK | | 246,148 |
| | 1974 (1984/98) | | 13.8 |
| | 96 | % | | 98 | % | | 98 | % | | 99 | % | | 100 | % | | Burlington Coat Factory, Bed Bath & Beyond, Staples, Petco, The Tile Shop, Lakeshore Learning Center, Dollar Tree, Verizon, Raising Cane's |
| Germantown | | Germantown, MD | | 18,982 |
| | 1992 | | 2.7 |
| | 100 | % | | 100 | % | | 100 | % | | 100 | % | | 81 | % | | CVS Pharmacy, Jiffy Lube |
| The Glen | | Woodbridge, VA | | 136,440 |
| | 1994 (2005) | | 14.7 |
| | 96 | % | | 97 | % | | 94 | % | | 94 | % | | 97 | % | | Safeway Marketplace, The All American Steakhouse, Panera Bread, Five Guys, Chipotle |
| Great Falls Center | | Great Falls, VA | | 91,666 |
| | 2008 | | 11.0 |
| | 99 | % | | 100 | % | | 99 | % | | 99 | % | | 98 | % | | 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 | % | | 100 | % | | Mega Mart, Starbucks, Chuck E. Cheese's, Sardi's Chicken, Capital One Bank, Kool Smiles |
| Hunt Club Corners | | Apopka, FL | | 107,103 |
| | 2006 | | 13.9 |
| | 93 | % | | 93 | % | | 93 | % | | 94 | % | | 97 | % | | Publix, Pet Supermarket, Sprint |
| Jamestown Place | | Altamonte Springs, FL | | 96,341 |
| | 2005 | | 10.9 |
| | 93 | % | | 95 | % | | 95 | % | | 90 | % | | 89 | % | | Publix, Carrabas Italian Grill |
| Kentlands Square I | | Gaithersburg, MD | | 114,381 |
| | 2002 | | 11.5 |
| | 98 | % | | 98 | % | | 100 | % | | 100 | % | | 100 | % | | Lowe's Home Improvement Center, Chipotle |
| |
| |
| Saul Centers, Inc. |
| Schedule of Current Portfolio Properties |
| June 30, 2018 |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | Leasable Area (Square Feet) | | Year Acquired or Developed (Renovated) | | Land Area (Acres) | | Percentage Leased as of June 30, | | (1) |
| | Property | | Location | | | | | 2018 | | 2017 | | 2016 | | 2015 | | 2014 | | Anchor / Significant Tenants |
| | | | | | | | | | | | | | | | | | | | | | |
| Shopping Centers (continued) | | | | | | | | | | | | | | | | | | |
| Kentlands Square II | | Gaithersburg, MD | | 246,965 |
| | 2011 | | 23.4 |
| | 56 | % | | 100 | % | | 100 | % | | 99 | % | | 99 | % | | Giant Food, Party City, Panera Bread, Not Your Average Joe's, Hallmark, Chick-Fil-A, Coal Fire Pizza, Tommy Joe's, Cava Mezza Grill, Zengo Cycle, Fleet Feet |
| Kentlands Place | | Gaithersburg, MD | | 40,697 |
| | 2005 | | 3.4 |
| | 90 | % | | 93 | % | | 100 | % | | 93 | % | | 100 | % | | Elizabeth Arden's Red Door Salon, Bonefish Grill |
| Lansdowne Town Center | | Leesburg, VA | | 189,422 |
| | 2006 | | 23.4 |
| | 90 | % | | 96 | % | | 86 | % | | 98 | % | | 93 | % | | Harris Teeter, CVS Pharmacy, Panera Bread, Starbucks, Capital One Bank, Ford's Fish Shack, Fusion Learning |
| Leesburg Pike Plaza | | Baileys Crossroads, VA | 97,752 |
| | 1966 (1982/95) | | 9.4 |
| | 100 | % | | 95 | % | | 100 | % | | 100 | % | | 96 | % | | CVS Pharmacy, Party Depot, FedEx Office, Capital One Bank, Five Guys |
| Lumberton Plaza | | Lumberton, NJ | | 192,718 |
| | 1975 (1992/96) | | 23.3 |
| | 86 | % | | 92 | % | | 90 | % | | 91 | % | | 94 | % | | Aldi Grocery, Rite Aid, Virtua Health Center, Family Dollar, Retro Fitness, Big Lots, Pet Valu |
| Metro Pike Center | | Rockville, MD | | 67,488 |
| | 2010 | | 4.6 |
| | 67 | % | | 71 | % | | 89 | % | | 80 | % | | 92 | % | | McDonald's, Dunkin Donuts, 7-Eleven, Palm Beach Tan |
| Shops at Monocacy | | Frederick, MD | | 109,144 |
| | 2004 | | 13.0 |
| | 99 | % | | 100 | % | | 100 | % | | 97 | % | | 98 | % | | Giant Food, Giant Gas Station, Panera Bread, Five Guys, California Tortilla, Firehouse Subs, Comcast, Capital One Bank |
| Northrock | | Warrenton, VA | | 100,032 |
| | 2009 | | 15.4 |
| | 99 | % | | 99 | % | | 92 | % | | 94 | % | | 90 | % | | Harris Teeter, Longhorn Steakhouse, Ledo's Pizza, Capital One Bank, Jos. A Bank, Novant Health |
| Olde Forte Village | | Ft. Washington, MD | | 143,577 |
| | 2003 | | 16.0 |
| | 98 | % | | 95 | % | | 97 | % | | 97 | % | | 98 | % | | Safeway, Advance Auto Parts, Dollar Tree, McDonald's, Wendy's, Ledo's Pizza, Capital One Bank |
| Olney | | Olney, MD | | 53,765 |
| | 1975 (1990) | | 3.7 |
| | 96 | % | | 91 | % | | 91 | % | | 91 | % | | 94 | % | | Rite Aid, Olney Grill, Ledo's Pizza, Popeye's, Sardi's Fusion |
| Orchard Park | | Dunwoody, GA | | 87,365 |
| | 2007 | | 10.5 |
| | 98 | % | | 98 | % | | 97 | % | | 98 | % | | 97 | % | | Kroger, Subway, Jett Ferry Dental |
| Palm Springs Center | | Altamonte Springs, FL | | 126,446 |
| | 2005 | | 12.0 |
| | 94 | % | | 100 | % | | 100 | % | | 98 | % | | 98 | % | | Safeway, Duffy's Sports Grill, Toojay's Deli, The Tile Shop, Rockler Tools, Humana Health |
| Ravenwood | | Baltimore, MD | | 93,328 |
| | 1972 (2006) | | 8.0 |
| | 100 | % | | 100 | % | | 100 | % | | 99 | % | | 94 | % | | Giant Food, Starbucks, Sleepy's, Dominos, Bank of America |
| 11503 Rockville Pk / 5541 Nicholson Ln | | Rockville, MD | | 40,249 |
| | 2010 / 2012 | | 3.0 |
| | 61 | % | | 61 | % | | 63 | % | | 63 | % | | 63 | % | | Dr. Boyd's Pet Resort, Metropolitan Emergency Animal Clinic |
| 1500/1580/1582/1584 Rockville Pike | | Rockville, MD | | 110,128 |
| | 2012/2014 | | 10.3 |
| | 96 | % | | 96 | % | | 87 | % | | 90 | % | | 100 | % | | Party City, CVS Pharmacy, Sheffield Furniture |
| Seabreeze Plaza | | Palm Harbor, FL | | 146,673 |
| | 2005 | | 18.4 |
| | 99 | % | | 98 | % | | 98 | % | | 93 | % | | 97 | % | | Publix, Earth Origins Health Food, Petco, Planet Fitness, Vision Works |
| Marketplace at Sea Colony | | Bethany Beach, DE | | 21,677 |
| | 2008 | | 5.1 |
| | 100 | % | | 100 | % | | 100 | % | | 95 | % | | 95 | % | | Seacoast Realty, Armand's Pizza, Candy Kitchen, Summer Salts, Fin's Alehouse |
| Seven Corners | | Falls Church, VA | | 573,481 |
| | 1973 (1994-7/07) | | 31.6 |
| | 100 | % | | 100 | % | | 100 | % | | 99 | % | | 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, Capital One Bank |
| Severna Park Marketplace | | Severna Park, MD | | 254,011 |
| | 2011 | | 20.6 |
| | 100 | % | | 100 | % | | 98 | % | | 100 | % | | 100 | % | | Giant Food, Kohl's, Office Depot, A.C. Moore, Goodyear, Chipotle, McDonald's, Jos. A. Bank, Sprint/Radio Shack, Five Guys, Unleashed (Petco), Mod Pizza, Jersey Mike's |
| | | | | | | | | | | | | | | | | | | | | |
| |
| |
| Saul Centers, Inc. |
| Schedule of Current Portfolio Properties |
| June 30, 2018 |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | Leasable Area (Square Feet) | | Year Acquired or Developed (Renovated) | | Land Area (Acres) | | Percentage Leased as of June 30, | | (1) |
| | Property | | Location | | | | | 2018 | | 2017 | | 2016 | | 2015 | | 2014 | | Anchor / Significant Tenants |
| | | | | | | | | | | | | | | | | | | | | | |
| Shopping Centers (continued) | | | | | | | | | | | | | | | | | | |
| Shops at Fairfax | | Fairfax, VA | | 68,762 |
| | 1975 (1993/99) | | 6.7 |
| | 100 | % | | 97 | % | | 97 | % | | 100 | % | | 96 | % | | Super H Mart, Subway |
| Smallwood Village Center | | Waldorf, MD | | 173,341 |
| | 2006 | | 25.1 |
| | 82 | % | | 83 | % | | 69 | % | | 72 | % | | 72 | % | | Safeway, CVS Pharmacy, Family Dollar |
| Southdale | | Glen Burnie, MD | | 485,628 |
| | 1972 (1986) | | 39.8 |
| | 99 | % | | 99 | % | | 95 | % | | 96 | % | | 88 | % | | The Home Depot, Michaels Arts & Crafts, Marshalls, PetSmart, Value City Furniture, Athletic Warehouse, Starbucks, Gallo Clothing, Office Depot, The Tile Shop, Mercy Health Care, Massage Envy, Potbelly, Capital One Bank, Chipotle |
| Southside Plaza | | Richmond, VA | | 371,761 |
| | 1972 | | 32.8 |
| | 93 | % | | 91 | % | | 93 | % | | 98 | % | | 98 | % | | Community Supermarket, Maxway, Citi Trends, City of Richmond, McDonald's, Burger King, Kool Smiles, Falla's |
| South Dekalb Plaza | | Atlanta, GA | | 163,418 |
| | 1976 | | 14.6 |
| | 91 | % | | 89 | % | | 91 | % | | 95 | % | | 93 | % | | Maxway, Big Lots, Emory Clinic, Dollar Tree, Shoe Land |
| Thruway | | Winston-Salem, NC | | 366,693 |
| | 1972 (1997) | | 31.5 |
| | 95 | % | | 96 | % | | 97 | % | | 97 | % | | 95 | % | | 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, 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, Chop't |
| Village Center | | Centreville, VA | | 145,651 |
| | 1990 | | 17.2 |
| | 98 | % | | 98 | % | | 95 | % | | 97 | % | | 98 | % | | Giant Food, Tuesday Morning, Starbucks, McDonald's, Pet Supplies Plus, Bikram Yoga, Capital One Bank |
| Westview Village | | Frederick, MD | | 97,858 |
| | 2009 | | 11.6 |
| | 95 | % | | 95 | % | | 100 | % | | 97 | % | | 90 | % | | Silver Diner, Sleepy's, Music & Arts, Firehouse Subs, CiCi's Pizza, Café Rio, Five Guys, Regus, Krispy Kreme |
| White Oak | | Silver Spring, MD | | 480,676 |
| | 1972 (1993) | | 27.9 |
| | 99 | % | | 100 | % | | 100 | % | | 99 | % | | 100 | % | | Giant Food, Sears, Walgreens, Boston Market, Sarku |
| | | | Total Shopping Centers | (3) | 7,749,707 |
| | | | 753.2 |
| | 94.4 | % | | 95.9 | % | | 95.9 | % | | 96.1 | % | | 95.5 | % | | |
| | | | | | | | | | | | | | | | | | | | | | |
Saul Centers, Inc. |
Schedule of Current Portfolio Properties |
June 30, 2018 |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | Leasable Area (Square Feet) | | Year Acquired or Developed (Renovated) | | Land Area (Acres) | | Percentage Leased as of June 30, | | (1) |
| | Property | | Location | | | | | 2018 | | 2017 | | 2016 | | 2015 | | 2014 | | Anchor / Significant Tenants |
| | | | | | | | | | | | | | | | | | | | | | |
Mixed-Use Properties | | | | | | | | | | | | | | | | | | | | |
| Avenel Business Park | | Gaithersburg, MD | | 390,683 |
| | 1981-2000 | | 37.1 |
| | 84 | % | | 86 | % | | 87 | % | | 89 | % | | 92 | % | | General Services Administration, Gene Dx, Inc., American Type Culture Collection, Inc. |
| Clarendon Center-North Block | | Arlington, VA | | 108,386 |
| | 2010 | | 0.6 |
| | 100 | % | | 100 | % | | 99 | % | | 96 | % | | 96 | % | | Pete's New Haven Pizza, AT&T Mobility, Dunkin Donuts, Airline Reporting Corporation |
| Clarendon Center-South Block | | Arlington, VA | | 104,894 |
| | 2010 | | 1.3 |
| | 97 | % | | 100 | % | | 100 | % | | 100 | % | | 100 | % | | Trader Joe's, Circa, Burke & Herbert Bank, Bracket Room, South Block Blends, Winston Partners, Keppler Speakers Bureau, ECG Management Co., Leadership Institute, Capital One Bank |
| Clarendon Center Residential-South Block (244 units) | | 188,671 |
| | 2010 | | | | 98 | % | | 98 | % | | 97 | % | | 99 | % | | 100 | % | | |
| Park Van Ness- Residential (271 units) | | Washington, DC | | 214,600 |
| | 2016 | | 1.4 |
| | 99 | % | | 96 | % | | 34 | % | | N/A |
| | N/A |
| | |
| Park Van Ness-Retail | | Washington, DC | | 8,847 |
| | 2016 | |
|
| | 100 | % | | 100 | % | | 100 | % | | N/A |
| | N/A |
| | Soapstone Market, Sfoglina Pasta House |
| 601 Pennsylvania Ave. | | Washington, DC | | 227,651 |
| | 1973 (1986) | | 1.0 |
| | 96 | % | | 100 | % | | 99 | % | | 98 | % | | 94 | % | | National Gallery of Art, American Assn. of Health Plans, Credit Union National Assn., Southern Company, HQ Global, Capital Grille, Michael Best & Friedrich LLP |
| Washington Square | | Alexandria, VA | | 236,376 |
| | 1975 (2000) | | 2.0 |
| | 91 | % | | 93 | % | | 91 | % | | 94 | % | | 86 | % | | Freeman Expositions, Academy of Managed Care Pharmacy, Cooper Carry, National PACE Association, Marketing General, Alexandria Economic Development, Trader Joe's, FedEx Office, Talbots, Starbucks, Virginia ABC |
| | | | Total Mixed-Use Properties | (3) | 1,480,108 |
| | | | 43.4 |
| | 91.4 | % | | 93.4 | % | | 93.2 | % | | 94.0 | % | | 92.0 | % | | (2) |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | Total Portfolio | (3) | 9,229,815 |
| | | | 796.6 |
| | 94.0 | % | | 95.6 | % | | 95.6 | % | | 95.8 | % | | 95.1 | % | | (2) |
| | | | | | | | | | | | | | | | | | | | | | |
Land and Development Parcels | | | | | | | | | | | | | | | | | | |
| Ashbrook Marketplace | |
| | | | 2018 | | 13.7 |
| | Site plan for an approximately 88,000 square foot neighborhood shopping center has been submitted for approval. Subject to receipt of final building permits, site work is projected to commence in late 2018. |
| Ashland Square Phase II | | Manassas, VA | | | | 2004 | | 17.3 |
| | Marketing to grocers and other retail businesses, with a development timetable yet to be finalized. |
| N. Glebe Road | | Arlington, VA | | | | 2014-2016 | | 2.8 |
| | Construction of a 490-unit residential project with 62,000 square feet of retail space 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 | | | | 69.3 |
| | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | |
| | (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, 2018. 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. |