-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 JMVX83sDWvqB05aJTmnFf6cpWLim4PtYfDOUKmlWtn5SHs92Jtr1zssgYgy4hdNH
 iiCH4lw4xhD+BHxOPxl41A==

<SEC-DOCUMENT>0000000000-07-014320.txt : 20070611
<SEC-HEADER>0000000000-07-014320.hdr.sgml : 20070611
<ACCEPTANCE-DATETIME>20070321083015
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-07-014320
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20070321

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SAUL B F REAL ESTATE INVESTMENT TRUST
		CENTRAL INDEX KEY:			0000086902
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				526053341
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		7501 WISCONSIN AVENUE
		STREET 2:		SUITE 1500
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
		BUSINESS PHONE:		(301)986-6000

	MAIL ADDRESS:	
		STREET 1:		7501 WISCONSIN AVENUE
		STREET 2:		SUITE 1500
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
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