| | | | | | | | | | | | | | | | |
Property | | Location | | Leasable Area (Square Feet) | | Year Developed or Acquired (Renovated) | | Land Area (Acres) | | Percentage Leased | | | Anchor / Significant Tenants |
| | | | | Sep-06 | | | Sep-05 | | |
Shopping Centers | | | | | | | | | | | | | | | | |
Ashburn Village | | Ashburn, VA | | 211,327 | | 1994 /00 /01/02 | | 26.4 | | 99 | % | | 100 | % | | Giant Food, Ruby Tuesday, Blockbuster, Hallmark Cards, Long & Foster |
Beacon Center | | Alexandria, VA | | 353,215 | | 1972 (1993/99) | | 32.3 | | 100 | % | | 100 | % | | Lowe’s, Giant Food, Office Depot, Outback Steakhouse, Marshalls, Hancock Fabrics, Party Depot, Panera Bread |
Belvedere | | Baltimore, MD | | 54,941 | | 1972 | | 4.8 | | 100 | % | | 100 | % | | Family Dollar |
Boca Valley Plaza | | Boca Raton, FL | | 121,269 | | 2004 | | 12.7 | | 97 | % | | 92 | % | | Publix, Blockbuster, Wachovia Bank |
Boulevard | | Fairfax, VA | | 56,350 | | 1994 (1999) | | 5.0 | | 100 | % | | 100 | % | | Panera Bread, Party City, Petco |
Briggs Chaney MarketPlace | | Silver Spring, MD | | 194,347 | | 2004 | | 18.2 | | 100 | % | | 98 | % | | Safeway, Ross Dress For Less, Chuck E Cheese, Family Dollar |
Broadlands Village | | Loudoun County, VA | | 107,286 | | 2003 | | 16.0 | | 100 | % | | 100 | % | | Safeway, Blockbuster |
Broadlands Village II | | Loudoun County, VA | | 30,193 | | 2004 | | 2.5 | | 100 | % | | 100 | % | | The Original Steakhouse and Sports Theatre, Bonefish Grill |
Clarendon/Clarendon Station | | Arlington, VA | | 11,808 | | 1973/1996 | | 0.6 | | 100 | % | | 100 | % | | |
Countryside | | Loudoun County, VA | | 141,696 | | 2004 | | 16.0 | | 97 | % | | 95 | % | | Safeway, CVS Pharmacy |
Cruse MarketPlace | | Forsyth County, GA | | 78,686 | | 2004 | | 10.6 | | 97 | % | | 97 | % | | 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 | | 93 | % | | 94 | % | | Burlington Coat Factory, Bed Bath & Beyond, Famous Footwear, Lakeshore Learning Center, BridesMart, Staples, Dollar Tree |
Germantown | | Germantown, MD | | 27,241 | | 1992 | | 2.7 | | 92 | % | | 100 | % | | Total Health Medical Center |
Giant | | Baltimore, MD | | 70,040 | | 1972 (1990) | | 5.0 | | 100 | % | | 100 | % | | Giant Food |
The Glen | | Lake Ridge, VA | | 134,317 | | 1994 | | 14.7 | | 100 | % | | 99 | % | | Safeway Marketplace, The Original Steakhouse and Sports Theatre |
Great Eastern | | District Heights, MD | | 254,448 | | 1972 (1995) | | 23.9 | | 99 | % | | 99 | % | | Giant Food, Pep Boys, Big Lots, Capital Sports Complex |
Hampshire Langley | | Takoma Park, MD | | 131,700 | | 1972 (1979) | | 9.9 | | 100 | % | | 100 | % | | Safeway, Blockbuster |
Hunt Club Corners | | Apopka, FL | | 101,454 | | 2006 | | 13.1 | | 96 | % | | N/A | | | Publix |
Jamestown Place | | Altamonte Springs, FL | | 96,372 | | 2005 | | 10.9 | | 100 | % | | N/A | | | Publix, Carrabas |
Kentlands Square | | Gaithersburg, MD | | 114,381 | | 2002 | | 11.5 | | 100 | % | | 100 | % | | Lowe’s, Chipotle |
Kentlands Place | | Gaithersburg, MD | | 40,648 | | 2005 | | 3.4 | | 100 | % | | 100 | % | | Elizabeth Arden’s Red Door Salon, Bonefish Grill |
| | | | | | | | | | | | | | | | |
Property | | Location | | Leasable Area (Square Feet) | | Year Developed or Acquired (Renovated) | | Land Area (Acres) | | Percentage Leased | | | Anchor /Significant Tenants |
| | | | | Sep-06 | | | Sep-05 | | |
Shopping Centers (continued) | | | | | | | | | | | | | | | | |
| | | | | | | |
Leesburg Pike | | Baileys Crossroads, VA | | 97,752 | | 1966 (1982/95) | | 9.4 | | 100 | % | | 100 | % | | Party Depot, CVS Pharmacy, FedEx Kinko’s, Hollywood Video |
| | | | | | | |
Lexington Pads | | Lexington, KY | | 13,646 | | 1974 | | 4.1 | | 100 | % | | 100 | % | | |
| | | | | | | |
Lumberton Plaza | | Lumberton, NJ | | 193,044 | | 1975 (1992/96) | | 23.3 | | 99 | % | | 98 | % | | SuperFresh, Rite Aid, Blockbuster, Ace Hardware |
| | | | | | | |
Shops at Monocacy | | Frederick, MD | | 109,144 | | 2004 | | 13.0 | | 100 | % | | 100 | % | | Giant Food, Panera Bread |
| | | | | | | |
Olde Forte Village | | Ft. Washington, MD | | 143,062 | | 2003 | | 16.0 | | 94 | % | | 90 | % | | Safeway, Blockbuster |
| | | | | | | |
Olney | | Olney, MD | | 53,765 | | 1975 (1990) | | 3.7 | | 97 | % | | 97 | % | | Rite Aid |
| | | | | | | |
Palm Springs Center | | Altamonte Springs, FL | | 126,446 | | 2005 | | 12.0 | | 100 | % | | 100 | % | | Albertson’s, Office Depot, Mimi’s Cafe, Toojay’s Deli, Catherine’s |
| | | | | | | |
Ravenwood | | Baltimore, MD | | 93,328 | | 1972 | | 8.0 | | 100 | % | | 97 | % | | Giant Food, Hollywood Video |
| | | | | | | |
Seabreeze Plaza | | Palm Harbor, FL | | 146,673 | | 2005 | | 18.4 | | 93 | % | | N/A | | | Publix, Palm Harbor Health Food, World Gym, KidzKazoo, Fashion Bug |
| | | | | | | |
Seven Corners | | Falls Church, VA | | 559,678 | | 1973 (1994-7) | | 31.6 | | 100 | % | | 99 | % | | The Home Depot, Shoppers Club, Michaels, Barnes & Noble, Ross Dress For Less, G Street Fabrics, Off-Broadway Shoes, The Room Store, Dress Barn |
| | | | | | | |
Shops at Fairfax | | Fairfax, VA | | 68,743 | | 1975 (1993/99) | | 6.7 | | 100 | % | | 100 | % | | Super H Mart, Blockbuster |
| | | | | | | |
Smallwood Village Center | | Waldorf, MD | | 197,861 | | 2006 | | 25.1 | | 84 | % | | N/A | | | Safeway, CVS |
| | | | | | | |
Southdale | | Glen Burnie, MD | | 484,115 | | 1972 (1986) | | 39.6 | | 100 | % | | 99 | % | | Giant Food, The Home Depot, Circuit City, Michaels, Marshalls, PetSmart, Value City Furniture, Athletic Warehouse |
| | | | | | | |
Southside Plaza | | Richmond, VA | | 373,651 | | 1972 | | 32.8 | | 97 | % | | 97 | % | | Farmers Foods, CVS Pharmacy, Maxway, Citi Trends, City of Richmond |
| | | | | | | |
South Dekalb Plaza | | Atlanta, GA | | 163,418 | | 1976 | | 14.6 | | 95 | % | | 91 | % | | Pep Boys, The Emory Clinic, Maxway, Consolidated Stores |
| | | | | | | |
Thruway | | Winston-Salem, NC | | 354,726 | | 1972 (1997) | | 30.5 | | 93 | % | | 94 | % | | Harris Teeter, Fresh Market, Borders Books, Bed Bath & Beyond, Stein Mart, Eckerd, Blockbuster, JoS. A Banks, Bonefish Grill, Chico’s, Ann Taylor, Pier 1 Kids, New Balance, Aveda Salon, Christies Hallmark |
| | | | | | | |
Village Center | | Centreville, VA | | 143,109 | | 1990 | | 17.2 | | 99 | % | | 99 | % | | Giant Food, Tuesday Morning, Blockbuster |
| | | | | | | |
West Park | | Oklahoma City, OK | | 76,610 | | 1975 | | 11.2 | | 19 | % | | 54 | % | | Family Dollar |
| | | | | | | |
White Oak | | Silver Spring, MD | | 480,156 | | 1972 (1993) | | 28.5 | | 100 | % | | 100 | % | | Giant Food, Sears, Rite Aid, Blockbuster |
| | | | | | | | | | | | | | | | |
| | Total Shopping Centers | | 6,476,870 | | | | 600.2 | | 96.9 | % | | 97.3 | % | | |
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | |
Property | | Location | | Leasable Area (Square Feet) | | Year Developed or Acquired (Renovated) | | Land Area (Acres) | | Percentage Leased | | | Anchor /Significant Tenants |
| | | | | Sep-06 | | | Sep-05 | | |
Office Properties | | | | | | | | | | | | | | | | |
| | | | | | | |
Avenel Business Park | | Gaithersburg, MD | | 390,579 | | 1981-2000 | | 37.1 | | 98 | % | | 97 | % | | General Services Administration, VIRxSYS, Broadsoft, Arrow Financial Services, Quanta Systems, SeraCare Life Sciences, Panacos Pharmaceutical |
| | | | | | | |
Crosstown Business Center | | Tulsa, OK | | 197,135 | | 1975 (2000) | | 22.4 | | 90 | % | | 90 | % | | Compass Group, Roxtec, Outdoor Innovations, Auto Panels Plus, Gofit, Freedom Express |
| | | | | | | |
601 Pennsylvania Ave. | | Washington, DC | | 226,604 | | 1973 (1986) | | 1.0 | | 100 | % | | 100 | % | | National Gallery of Art, American Assn. of Health Plans, Credit Union National Assn., Southern Company, HQ Global, Pharmaceutical Care Management Assn., Freedom Forum, Capital Grille |
| | | | | | | |
Van Ness Square | | Washington, DC | | 156,493 | | 1973 (1990) | | 1.2 | | 97 | % | | 95 | % | | Team Video Intl, Office Depot, Pier 1 |
| | | | | | | |
Washington Square | | Alexandria, VA | | 235,042 | | 1975 (2000) | | 2.0 | | 100 | % | | 100 | % | | Vanderweil Engineering, World Wide Retail Exchange, EarthTech, Thales, Cooper Carry, Bank of America, Trader Joe’s, Kinko’s, Talbot’s, Blockbuster |
| | | | | | | |
| | | | | | | | | | | | | | | | |
| | | | | | | |
| | Total Office Properties | | 1,205,853 | | | | 63.7 | | 97.3 | % | | 96.8 | % | | |
| | | | | | | |
| | | | | | | | | | | | | | | | |
| | Total Portfolio | | 7,682,723 | | | | 663.9 | | 97.0 | % | | 97.2 | % | | |
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
Development Parcels | | | | | | | | | | | | | | |
| | | | | |
Broadlands Village III | | Loudoun County, VA | | | | 2002 | | 5.5 | | Construction substantially completed June 30, 2006. Space is 100% leased and several tenants have commenced operations beginning the 3rd quarter 2006. |
| | | | | |
Clarendon Center | | Arlington, VA | | | | 2002 | | 1.3 | | Obtained zoning approvals from County, June 2006. Architects and engineers drafting construction documents. |
| | | | | |
Lansdowne Town Center | | Loudoun County, VA | | | | 2002 | | 23.4 | | Site work and construction commenced November 2005. Grocery store lease executed with Harris Teeter and the approximately 190,000 square foot development is approximately 68% leased. Construction substantial completion projected 4th quarter 2006, and tenants have commenced operations beginning October 2006. |
| | | | | |
Ashland Square | | Dumfries, VA | | | | 2004 | | 19.3 | | Site plan approval recieved from Prince William County for 125,000 SF shopping center development. Site work commenced during the 3rd quarter 2006. |
| | | | | |
Lexington Center | | Lexington, KY | | | | 1974 | | 26.0 | | Subsequent to the execution of a new land use agreement, redevelopment commenced for approximately 26 of the property’s 30 acres in September 2005, with site planning and conceptual designs underway. |
| | | | | |
New Market | | New Market, MD | | | | 2005 | | 35.5 | | Parcel will accommodate retail development in excess of 120,000 SF the I-70, east of Frederick, Maryland. |
| | | | | | | |
| | | | | | | | | | | | | | |
| | Total Development Properties | | | | | | 111.0 | | |
| | | | | | | | | | | | | | |