| | | | | | | | | | | | | | | | |
Property | | Location | | Leasable
Area
(Square
Feet) | | Year
Acquired
or Developed
(Renovated) | | Land
Area
(Acres) | | Percentage
Leased | | | Anchor / Significant Tenants |
| | | | | | Mar-09 | | | Mar-08 | | |
Shopping Centers | | | | | | | | | | | | | | | | |
Ashland Square Phase I | | Manassas, VA | | 3,650 | | 2007 | | 2.0 | | 100 | % | | 100 | % | | |
Ashburn Village | | Ashburn, VA | | 221,687 | | 1994/00/01/02/06 | | 26.4 | | 94 | % | | 96 | % | | Giant Food, Ruby Tuesday, Hallmark Cards, Starbucks |
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 |
Belvedere | | Baltimore, MD | | 54,941 | | 1972 | | 4.8 | | 34 | % | | 36 | % | | Family Dollar |
BJ’s Wholesale Club | | Alexandria, VA | | 115,660 | | 2008 | | 9.6 | | 100 | % | | N/A | | | BJ’s Wholesale Club |
Boca Valley Plaza | | Boca Raton, FL | | 121,269 | | 2004 | | 12.7 | | 91 | % | | 96 | % | | Publix, Wachovia Bank |
Boulevard | | Fairfax, VA | | 49,140 | | 1994 (1999) | | 5.0 | | 91 | % | | 100 | % | | Panera Bread, Party City, Petco |
Briggs Chaney MarketPlace | | Silver Spring, MD | | 194,347 | | 2004 | | 18.2 | | 94 | % | | 98 | % | | Safeway, Ross Dress For Less, Chuck E Cheese, Family Dollar |
Broadlands Village | | Ashburn, VA | | 159,734 | | 2003/4/6 | | 24.0 | | 87 | % | | 97 | % | | Safeway, The Original Steakhouse and Sports Theatre, Bonefish Grill, Starbucks |
Countryside | | Sterling, VA | | 141,696 | | 2004 | | 16.0 | | 94 | % | | 97 | % | | Safeway, CVS Pharmacy, Starbucks |
Cruse MarketPlace | | Cumming, GA | | 78,686 | | 2004 | | 10.6 | | 90 | % | | 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 | | 97 | % | | 98 | % | | Burlington Coat Factory, Bed Bath & Beyond, Staples, Famous Footwear, Lakeshore Learning Center, Alfred Angelo, Dollar Tree |
Germantown | | Germantown, MD | | 27,241 | | 1992 | | 2.7 | | 90 | % | | 84 | % | | |
Giant | | Baltimore, MD | | 70,040 | | 1972 (1990) | | 5.0 | | 100 | % | | 100 | % | | Giant Food |
The Glen | | Lake Ridge, VA | | 134,317 | | 1994 (2005) | | 14.7 | | 92 | % | | 98 | % | | Safeway Marketplace, The Original Steakhouse and Sports Theatre, Panera Bread |
Great Eastern | | District Heights, MD | | 255,398 | | 1972 (1995) | | 31.9 | | 99 | % | | 100 | % | | Pep Boys, Big Lots, Capital Sports Complex |
Great Falls Center | | Great Falls, VA | | 91,666 | | 2008 | | 11.0 | | 95 | % | | N/A | | | Safeway, CVS Pharmacy |
Hampshire Langley | | Takoma Park, MD | | 131,700 | | 1972 (1979) | | 9.9 | | 98 | % | | 100 | % | | Safeway, Radio Shack, Starbucks |
Hunt Club Corners | | Apopka, FL | | 101,522 | | 2006 | | 13.1 | | 95 | % | | 99 | % | | Publix, Walgreens, Radio Shack |
Jamestown Place | | Altamonte Springs, FL | | 96,372 | | 2005 | | 10.9 | | 89 | % | | 97 | % | | 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 | | 100 | % | | 95 | % | | Elizabeth Arden’s Red Door Salon, Bonefish Grill |
| | | | | | | | | | | | | | | | |
Property | | Location | | Leasable
Area
(Square
Feet) | | Year
Acquired
or Developed
(Renovated) | | Land
Area
(Acres) | | Percentage
Leased | | | Anchor / Significant Tenants |
| | | | | | Mar-09 | | | Mar-08 | | |
Shopping Centers (continued) |
Lansdowne Town Center | | Leesburg, VA | | 189,355 | | 2006 | | 23.4 | | 96 | % | | 100 | % | | Harris Teeter, CVS Pharmacy, Panera Bread, Not Your Average Joes, Starbucks |
Leesburg Pike | | Baileys Crossroads, VA | | 97,752 | | 1966 (1982/95) | | 9.4 | | 100 | % | | 100 | % | | CVS Pharmacy, Party Depot, FedEx Kinko’s, Radio Shack, Verizon Wireless |
Lexington Pads | | Lexington, KY | | 13,646 | | 1974 | | 4.1 | | 100 | % | | 100 | % | | Applebees |
Lumberton Plaza | | Lumberton, NJ | | 193,044 | | 1975 (1992/96) | | 23.3 | | 98 | % | | 98 | % | | SuperFresh, Rite Aid, Virtua Health Center, Radio Shack, Family Dollar |
Shops at Monocacy | | Frederick, MD | | 109,144 | | 2004 | | 13.0 | | 98 | % | | 99 | % | | Giant Food, Panera Bread, Starbucks |
Northrock | | Warrenton, VA | | 103,584 | | 2009 | | 15.4 | | 62 | % | | N/A | | | Harris Teeter |
Olde Forte Village | | Ft. Washington, MD | | 143,062 | | 2003 | | 16.0 | | 92 | % | | 94 | % | | Safeway, Radio Shack |
Olney | | Olney, MD | | 53,765 | | 1975 (1990) | | 3.7 | | 97 | % | | 100 | % | | Rite Aid |
Orchard Park | | Dunwoody, GA | | 87,782 | | 2007 | | 10.5 | | 94 | % | | 93 | % | | Kroger, Starbucks |
Palm Springs Center | | Altamonte Springs, FL | | 126,446 | | 2005 | | 12.0 | | 94 | % | | 97 | % | | Albertson’s, Office Depot, Mimi’s Cafe, Toojay’s Deli |
Ravenwood | | Baltimore, MD | | 93,328 | | 1972 (2006) | | 8.0 | | 96 | % | | 100 | % | | Giant Food, Hollywood Video, Starbucks |
Seabreeze Plaza | | Palm Harbor, FL | | 146,673 | | 2005 | | 18.4 | | 88 | % | | 100 | % | | Publix, Palm Harbor Health Food, World Gym |
Marketplace at Sea Colony | | Bethany Beach, DE | | 21,677 | | 2008 | | 5.1 | | 100 | % | | N/A | | | Seacoast Realty, Armand’s Pizza |
Seven Corners | | Falls Church, VA | | 568,831 | | 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 |
Shops at Fairfax | | Fairfax, VA | | 68,743 | | 1975 (1993/99) | | 6.7 | | 100 | % | | 100 | % | | Super H Mart |
Smallwood Village Center | | Waldorf, MD | | 172,817 | | 2006 | | 25.1 | | 77 | % | | 73 | % | | Safeway, CVS Pharmacy |
Southdale | | Glen Burnie, MD | | 484,115 | | 1972 (1986) | | 39.6 | | 91 | % | | 100 | % | | The Home Depot, Michaels Arts & Crafts, Marshalls, PetSmart, Value City Furniture, Athletic Warehouse, Starbucks, Fresh World |
Southside Plaza | | Richmond, VA | | 373,651 | | 1972 | | 32.8 | | 91 | % | | 93 | % | | Farmers Foods, Maxway, Citi Trends, City of Richmond |
South Dekalb Plaza | | Atlanta, GA | | 163,418 | | 1976 | | 14.6 | | 82 | % | | 83 | % | | Maxway, Big Lots |
Thruway | | Winston-Salem, NC | | 359,523 | | 1972 (1997) | | 30.5 | | 96 | % | | 96 | % | | Harris Teeter, Borders Books, Bed Bath & Beyond, Stein Mart, Rite Aid, JoS. A Banks, Bonefish Grill, Chico’s, Ann Taylor Loft, Coldwater Creek, Kinkos/FedEx, New Balance, Aveda Salon, Christies Hallmark, Talbots, Hanes Brands |
Village Center | | Centreville, VA | | 143,109 | | 1990 | | 17.2 | | 90 | % | | 95 | % | | Giant Food, Tuesday Morning, Starbucks |
West Park | | Oklahoma City, OK | | 76,610 | | 1975 | | 11.2 | | 19 | % | | 19 | % | | Family Dollar |
White Oak | | Silver Spring, MD | | 480,156 | | 1972 (1993) | | 28.5 | | 100 | % | | 100 | % | | Giant Food, Sears, Walgreens, Starbucks |
| | | | | | | | | | | | | | | | |
| | Total Shopping Centers | | 7,096,665 | | | | 690.1 | | 92.9 | % | | 95.4 | % | | |
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | |
Property | | Location | | Leasable
Area
(Square
Feet) | | Year
Acquired
or Developed
(Renovated) | | Land
Area
(Acres) | | Percentage
Leased | | | Anchor / Significant Tenants |
| | | | | | Mar-09 | �� | | Mar-08 | | |
Office Properties |
Avenel Business Park | | Gaithersburg, MD | | 390,579 | | 1981-2000 | | 37.1 | | 92 | % | | 94 | % | | General Services Administration, VIRxSYS, Broadsoft, Quanta Systems, SeraCare Life Sciences |
Crosstown Business Center | | Tulsa, OK | | 197,135 | | 1975 (2000) | | 22.4 | | 78 | % | | 88 | % | | Compass Group, Roxtec, Keystone Automotive, 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, Freedom Forum, Pharmaceutical Care Management Assn., Capital Grille |
Van Ness Square | | Washington, DC | | 156,493 | | 1973 (1990) | | 1.2 | | 92 | % | | 97 | % | | Team Video Intl, Office Depot, Pier 1 |
Washington Square | | Alexandria, VA | | 235,042 | | 1975 (2000) | | 2.0 | | 99 | % | | 99 | % | | Vanderweil Engineering, Agentrics, EarthTech, Thales, Cooper Carry, Bank of America, Trader Joe’s, Fed Ex/Kinko’s, Talbots |
| | | | | | | | | | | | | | | | |
| | Total Office Properties | | 1,205,853 | | | | 63.7 | | 92.5 | % | | 95.5 | % | | |
| | | | | | | | | | | | | | | | |
| | Total Portfolio | | 8,302,518 | | | | 753.8 | | 92.9 | % | | 95.4 | % | | |
| | | | | | | | | | | | | | | | |
|
Land and Development Parcels |
Clarendon Center | | Arlington, VA | | | | 2002 | | 1.9 | | | | | | | | Obtained zoning approvals from Arlington County, June 2006. South block garage construction and North block excavation are ongoing. Substantial completion of building shell scheduled for late 2010. |
Westview Village | | Frederick, MD | | | | 2007 | | 10.4 | | | | | | | | Land purchased November 2007. Site work construction commenced in 1st quarter 2008. Substantial completion of building shell scheduled for the second quarter of 2009. |
Ashland Square Phase II | | Manassas, VA | | | | 2004 | | 17.3 | | | | | | | | Marketing to grocers and other retail businesses, with a development timetable yet to be finalized. |
Lexington Center | | Lexington, KY | | | | 1974 | | 26.0 | | | | | | | | The former mall is vacant and the Company has prepared conceptual designs for a shopping center development and is marketing the site to prospective retailers. |
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 | | | | | | 91.1 | | | | | | | | |
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