EX-99.A 4 bfs-03312025xex99a.htm EX-99.A

Exhibit 99 (a)

Saul Centers, Inc.

Schedule of Current Portfolio Properties

March 31, 2025

																											Percentage Leased as of March 31,
Property			Location						Leasable Area (Square Feet)						Year Acquired or Developed (Renovated)						Land Area (Acres)						2025						2024						2023						2022						2021						Anchor / Significant Tenants
Shopping Centers
Ashbrook Marketplace			Ashburn, VA						85,819						2018 (2019)						13.7						100%						100%						100%						100%						100%						Lidl, Planet Fitness, Starbucks, Dunkin Donuts, Valvoline, Cafe Rio, McAlisters Deli, Apple Federal Credit Union
Ashburn Village			Ashburn, VA						221,596						1994-2006						26.4						97%						96%						95%						96%						95%						Giant Food, Hallmark, McDonald's, Dunkin Donuts, Kinder Care, Blue Ridge Grill
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						359,671						1972 (1993/99/07)						32.3						100%						99%						100%						100%						99%						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, Wendy's, First Watch
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						121,365						2004						12.7						99%						100%						100%						97%						88%						Publix, Palm Beach Fitness, Anima Domus, Foxtail Coffee
Boulevard			Fairfax, VA						49,140						1994 (1999/09)						4.9						100%						100%						100%						96%						97%						Panera Bread, Petco, JP Morgan Chase
Briggs Chaney MarketPlace			Silver Spring, MD						194,258						2004						18.2						98%						98%						98%						95%						97%						Global Food, Ross Dress For Less, Advance Auto Parts, McDonald's, Dunkin Donuts, Enterprise Rent-A-Car, Dollar Tree, Dollar General, Salon Plaza, Chipotle
Broadlands Village			Ashburn, VA						174,438						2003/2004/ 2006						24.0						96%						100%						96%						92%						90%						Aldi Grocery, The All American Steakhouse, Dollar Tree, Starbucks, Minnieland Day Care, LA Fitness, Chase Bank, X-Golf, Inova Go Health
Burtonsville Town Square			Burtonsville, MD			(4)			139,928						2017						26.3						100%						100%						100%						100%						100%						Giant Food, Petco, Starbucks, Greene Turtle, Capital One Bank, CVS Pharmacy, Roy Rogers, Mr. Tire, Taco Bell
Countryside Marketplace			Sterling, VA						137,804						2004						16.0						94%						88%						91%						91%						92%						Lotte Plaza Market, CVS Pharmacy, Starbucks, McDonald's, 7-Eleven, VA ABC, K-9 Luxury Pet Hotel
Cranberry Square			Westminster, MD						141,450						2011						18.9						91%						100%						100%						97%						87%						Giant Food, Giant Gas Station, Staples, Wendy's, Sola Salons, Ledo Pizza, Hallmark
Cruse MarketPlace			Cumming, GA						78,686						2004						10.6						96%						96%						91%						94%						92%						Publix, Orange Theory, Anytime Fitness
Flagship Center			Rockville, MD						21,500						1972, 1989						0.5						100%						100%						100%						100%						100%						Chase Bank, Bank of America
French Market			Oklahoma City, OK						246,148						1974 (1984/98)						13.8						75%						63%						79%						75%						76%						Burlington Coat Factory, The Tile Shop, Lakeshore Learning Center, Dollar Tree, Verizon, Raising Cane's, Skechers, Hobby Lobby, Mathis Sleep Center
Germantown			Germantown, MD						18,982						1992						2.7						100%						95%						100%						100%						100%						CVS Pharmacy, Jiffy Lube
The Glen			Woodbridge, VA						136,440						1994 (2005)						14.7						100%						100%						99%						94%						98%						Safeway, Panera Bread, Five Guys, Chipotle
Great Falls Center			Great Falls, VA						91,666						2008						11.0						100%						100%						100%						98%						98%						Safeway, CVS Pharmacy, Trustar Bank, Starbucks, Subway
Hampshire Langley			Takoma Park, MD						131,700						1972 (1979)						9.9						100%						100%						100%						100%						100%						Mega Mart, Starbucks, Chuck E. Cheese, Sardi's Chicken, Capital One Bank, Kool Smiles, Wells Fargo
Hunt Club Corners			Apopka, FL						106,886						2006						13.9						100%						100%						98%						96%						99%						Publix, Pet Supermarket, Boost Mobile
Jamestown Place			Altamonte Springs, FL						96,201						2005						10.9						100%						98%						100%						100%						100%						Carrabas Italian Grill, Orlando Health, Crunch Fitness, AT&T
Kentlands Square I			Gaithersburg, MD						119,694						2002						11.5						100%						100%						100%						100%						100%						Lowe's Home Improvement Center, Chipotle, Starbucks, Shake Shack
Kentlands Square II and Kentlands Pad			Gaithersburg, MD						253,322						2011						23.4						94%						100%						95%						97%						96%						Giant Food, At Home, Panera Bread, Hallmark, Chick-Fil-A, Coal Fire Pizza, Cava Mezza Grill, Truist Bank, Hand & Stone Massage, Crumbl Cookie, Quincy's Restaurant
Kentlands Place			Gaithersburg, MD						40,697						2005						3.4						100%						94%						74%						86%						75%						Bonefish Grill, F45 Training, Dollar Tree
Lansdowne Town Center			Leesburg, VA						196,817						2006						23.3						97%						94%						94%						88%						92%						Harris Teeter, CVS Pharmacy, Panera Bread, Starbucks, Ford's Oyster House, Fusion Learning, Chick-Fil-A, Chase Bank
Leesburg Pike Plaza			Baileys Crossroads, VA						97,752						1966 (1982/95)						9.4						97%						100%						100%						100%						93%						CVS Pharmacy, Capital One Bank, Five Guys, Dollar Tree, Advanced Auto
Lumberton Plaza			Lumberton, NJ						162,718						1975 (1992/96)						23.3						56%						67%						66%						66%						66%						Aldi, Family Dollar, Burger King, Big Rich Fitness, Enterprise Rent-A-Car, Five Below
Metro Pike Center			Rockville, MD						67,488						2010						4.6						96%						96%						83%						85%						84%						Dunkin Donuts, 7-Eleven, Palm Beach Tan, Mattress Warehouse, Salvation Army, Dollar Tree
Shops at Monocacy			Frederick, MD						111,341						2004						13.0						100%						98%						100%						98%						100%						Giant Food, Panera Bread, Five Guys, California Tortilla, Firehouse Subs, Comcast, NTB, Wing Stop
Northrock			Warrenton, VA						100,032						2009						15.4						94%						94%						96%						94%						99%						Harris Teeter, Longhorn Steakhouse, Ledo's Pizza, Capital One Bank, Novant Health
Olde Forte Village			Ft. Washington, MD						143,577						2003						16.0						92%						96%						98%						98%						95%						Safeway, Advance Auto Parts, Dollar Tree, McDonald's, Wendy's, Ledo's Pizza, M&T Bank
Olney			Olney, MD						53,765						1975 (1990)						3.7						91%						95%						98%						93%						93%						Walgreens, Olney Grille, Ledo's Pizza, Popeye's, Sardi's Fusion
Orchard Park			Dunwoody, GA						87,365						2007						10.5						99%						96%						99%						100%						99%						Kroger, Jett Ferry Dental
Palm Springs Center			Altamonte Springs, FL						126,446						2005						12.0						95%						98%						98%						97%						100%						Publix, Toojay's Deli, The Tile Shop, Rockler Tools, Sola Salons
Ravenwood			Baltimore, MD						93,328						1972 (2006)						8.0						86%						92%						95%						93%						97%						Giant Food, Dominos, Bank of America
11503 Rockville Pk / 5541 Nicholson Ln			Rockville, MD						40,249						2010 / 2012						3.0						57%						57%						57%						61%						61%						Dr. Boyd's Pet Resort, Metropolitan Emergency Animal Clinic
1500/1580 Rockville Pike			Rockville, MD						64,781						2012/2014						10.2						80%						100%						98%						100%						100%						CVS Pharmacy
Seabreeze Plaza			Palm Harbor, FL						146,673						2005						18.4						97%						97%						96%						93%						96%						Publix, Petco, Planet Fitness, Vision Works, Sanitas Medical Center
Marketplace at Sea Colony			Bethany Beach, DE						21,677						2008						5.1						100%						100%						100%						100%						100%						Armand's Pizza, Candy Kitchen, Summer Salts, Fin's Alehouse, Vacasa
Seven Corners			Falls Church, VA						573,481						1973 (1994-7/07)						31.6						100%						100%						98%						98%						99%						The Home Depot, Giant Food, Michaels Arts & Crafts, Barnes & Noble, Ross Dress For Less, Ski Chalet, Off-Broadway Shoes, JoAnn Fabrics, Starbucks, Red Robin Gourmet Burgers, Chipotle, Wendy's, Burlington Coat Factory, Mattress Warehouse, J. P. Morgan Chase, Five Below, Raising Canes
Severna Park Marketplace			Severna Park, MD						254,011						2011						20.6						96%						94%						95%						89%						89%						Giant Food, Kohl's, Office Depot, Goodyear, Chipotle, McDonald's, Five Guys, Jersey Mike's, Bath & Body Works, Wells Fargo, MOD Pizza, Petco, AT&T, Chase Bank
Shops at Fairfax			Fairfax, VA						68,762						1975 (1993/99)						6.7						100%						100%						100%						98%						97%						99 Ranch
Smallwood Village Center			Waldorf, MD						173,341						2006						25.1						84%						92%						91%						80%						81%						Safeway, Family Dollar, Won's Beauty Outlet
Southdale			Glen Burnie, MD						485,628						1972 (1986)						39.8						99%						99%						100%						95%						94%						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, Banfield Pet Hospital, Glory Days Grill, Bank of America, Grocery Outlet, Longhorn Steakhouse
Southside Plaza			Richmond, VA						371,761						1972						32.8						98%						96%						95%						98%						97%						Super Fresh, Citi Trends, City of Richmond, McDonald's, Burger King, Kool Smiles, Crafty Crab, Roses
South Dekalb Plaza			Atlanta, GA						163,418						1976						14.6						75%						94%						94%						94%						87%						Emory Clinic, Roses, Deal $, Humana Oak Street Health
Thruway			Winston-Salem, NC						368,688						1972 (1997)						31.5						95%						96%						91%						87%						80%						Harris Teeter, Trader Joe's, Talbots, Hanes Brands, Jos. A. Bank, Chico's, Loft, FedEx Office, 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, Lululemon, Orange Theory, Athleta, Sephora, O2 Fitness, Hallmark, Sleep Number, The Good Feet Store, Hand & Stone Massage, Golf Galaxy
Village Center			Centreville, VA						145,651						1990						17.2						94%						94%						90%						87%						88%						Giant Food, Starbucks, McDonald's, Pet Supplies Plus, Bikram Yoga, Truist Bank, Vitality Fitness
Westview Village			Frederick, MD						103,186						2009						11.6						100%						100%						99%						93%						92%						Silver Diner, Sleepy's, Music & Arts, Firehouse Subs, CiCi's Pizza, Café Rio, Five Guys, Regus, Krispy Kreme, Wendy's, State Employees Credit Union (SECU), GNC, Moby Dick's House of Kabobs, Wingstop
White Oak			Silver Spring, MD						480,676						1972 (1993)						27.9						99%						100%						100%						100%						100%						Giant Food, Sears, Walgreens, Sarku Japan
			Total Shopping Centers			(1)			7,808,783												766.6						94.9%						95.6%						95.2%						93.8%						93.1%
Mixed-Use Properties (3)
Avenel Business Park			Gaithersburg, MD						390,683						1981-2000						37.1						94%						97%						96%						90%						95%						General Services Administration, Gene Dx, Inc., American Type Culture Collection, Inc.
Clarendon Center-North Block			Arlington, VA			(4)			108,386						2010						0.6						93%						89%						86%						85%						83%						Airlines Reporting Corporation, AT&T Mobility, Chipotle
Clarendon Center-South Block			Arlington, VA			(4)			104,894						2010						1.3						53%						53%						71%						88%						86%						Trader Joe's, Circa, Burke & Herbert Bank, South Block Blends, Leadership Institute, Massage Envy
Clarendon Center Residential-South Block (244 units)			Arlington, VA			(4)			188,671						2010												99%						99%						99%						96%						98%
Park Van Ness- Residential (271 units)			Washington, DC			(4)			214,600						2016						1.4						99%						99%						97%						97%						95%
Park Van Ness-Retail			Washington, DC			(4)			8,847						2016												76%						76%						32%						100%						100%						Sfoglina Pasta House, Rosedale
601 Pennsylvania Ave.			Washington, DC						227,651						1973 (1986)						1.0						91%						82%						79%						78%						79%						National Gallery of Art, American Assn. of Health Plans, Southern Company, Regus, Capital Grille
Washington Square			Alexandria, VA						236,376						1975 (2000)						2.0						83%						87%						75%						71%						78%						Academy of Managed Care Pharmacy, Cooper Carry, International Information Systems Security Certification Consortium, Trader Joe's, FedEx Office, Talbots, National Association of Drug Court Professionals (NADCP)
The Waycroft-Residential (491 units)			Arlington, VA			(4)			404,709						2020						2.8						100%						98%						98%						97%						98%
The Waycroft-Retail			Arlington, VA			(4)			60,048						2020												100%						100%						100%						100%						90%						Target, Enterprise Rent-A-Car, Silver Diner, Salon Lofts
The Milton at Twinbrook Quarter (452 units)			Rockville, MD						366,120						2024						2.8						71%						N/A						N/A						N/A						N/A
Twinbrook Quarter Phase 1-Retail			Rockville, MD						105,924						2024												92%						N/A						N/A						N/A						N/A						Wegmans
			Total Mixed-Use Properties			(1)			2,416,909												49.0						87.9%						87.1%						84.6%						83.4%						86.0%			(2)
			Total Portfolio			(1)			10,225,692												815.6						93.9%						94.5%						93.9%						92.5%						92.2%			(2)

Property

Location

Year Acquired or Developed (Renovated)

Land Area (Acres)

Development Activity

Land and Development Properties

Hampden House

Bethesda, MD

2018

0.6

Exterior façade installation is nearly complete. Interior work continues, with drywall being installed on the 25th floor and appliances on the 22nd floor. The development is expected to open in late 2025.

Twinbrook Quarter - Future Phases

Rockville, MD

2021

6.3

Development timetable yet to be finalized.

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 square feet near I-70, east of Frederick, Maryland. A development timetable has not been determined.

Total Development Properties

59.7

(1)

Percentage leased is a percentage of rentable square feet leased for commercial space and a percentage of units leased for apartments. Prior year leased percentages, including 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.

(2)

Total percentage leased is for commercial space only.

(3)

For the purposes of the property count listed elsewhere in this document, residential and commercial are combined. The residential units at Clarendon South, Park Van Ness, The Waycroft and Twinbrook Quarter Phase 1 are all part of the same building as the commercial tenants at those locations.

(4)

Property is LEED certified.