EX-99.1 2 dex991.txt EXHIBIT 99.1 Saul Centers, Inc. Schedule of Current Portfolio Properties March 31, 2001
Leasable Year Area Developed Land (Square or Acquired Area Property Location Feet) (Renovated) (Acres) ======================= ======================== ================ ================= ============ Shopping Centers ---------------- Ashburn Village I & II Ashburn, VA 148,381 1994, 2000 19.3 Ashburn Village III & IV (a) Ashburn, VA 18,783 2000/01 7.1 Beacon Center Alexandria, VA 355,659 1972 (1993/99) 32.3 Belvedere Baltimore, MD 54,941 1972 4.8 Boulevard Fairfax, VA 56,350 1994 (1999) 5.0 Clarendon Arlington, VA 6,940 1973 0.5 Clarendon Station Arlington, VA 4,868 1996 0.1 Flagship Center Rockville, MD 21,500 1972, 1989 0.5 French Market Oklahoma City, OK 247,056 1974 (1984/98) 13.8 Germantown Germantown, MD 26,241 1992 2.7 Giant Baltimore, MD 70,040 1972 (1990) 5.0 The Glen Lake Ridge, VA 112,639 1994 14.7 Great Eastern District Heights, MD 254,398 1972 (1995) 23.9 Hampshire Langley Langley Park, MD 131,700 1972 (1979) 9.9 Leesburg Pike Baileys Crossroads, VA 97,880 1966 (1982/95) 9.4 Lexington Mall Lexington, KY 315,719 1974 30.0 Lumberton Lumberton, NJ 189,898 1975 (1992/96) 23.3 Olney Olney, MD 53,765 1975 (1990) 3.7 Ravenwood Baltimore, MD 87,750 1972 8.0 Seven Corners Falls Church, VA 560,998 1973 (1994-7) 31.6 Shops at Fairfax Fairfax, VA 68,743 1975 (1993/99) 6.7 Southdale Glen Burnie, MD 484,115 1972 (1986) 39.6 Percentage Leased Property Mar-2001 Mar-2000 Anchor / Significant Tenants ======================= ======== ======== ======================================================================== Shopping Centers ---------------- Ashburn Village I & II 98% 88% Giant Food, Blockbuster Ashburn Village III & IV (a) 66% n/a Beacon Center 96% 95% Lowe's, Giant Food, Office Depot, Outback Steakhouse, Marshalls, Hollywood Video, Hancock Fabrics Belvedere 100% 94% Food King, McCrory Boulevard 100% 100% Danker Furniture, Petco, Party City Clarendon 100% 100% Clarendon Station 100% 100% Flagship Center 100% 100% French Market 92% 95% Burlington Coat Factory, Bed Bath & Beyond, Famous Footwear, Lakeshore Learning Center, BridesMart, Staples Germantown 100% 97% Giant 100% 100% Giant Food The Glen 100% 97% Safeway Marketplace, CVS Pharmacy Great Eastern 99% 100% Giant Food, Pep Boys, Big Lots, Run N' Shoot Hampshire Langley 100% 96% Safeway, McCrory, Blockbuster Leesburg Pike 100% 100% Zany Brainy, CVS Pharmacy, Kinko's, Hollywood Video Lexington Mall 75% 81% Dillard's, Rite Aid Lumberton 86% 86% SuperFresh, Rite Aid, Blockbuster, Ace Hardware Olney 95% 92% Rite Aid Ravenwood 100% 100% Giant Food, Hollywood Video Seven Corners 99% 100% Home Depot, Shoppers Club, Best Buy, Michaels, Barnes & Noble, Ross Dress For Less, G Street Fabrics, Champs Shops at Fairfax 100% 100% SuperFresh, Blockbuster Southdale 97% 100% Giant Food, Circuit City, Kids R Us, Michaels, Marshalls, PetSmart, Value City Furniture
Exhibit Saul Centers, Inc. Schedule of Current Portfolio Properties March 31, 2001
Leasable Year Area Developed Land (Square or Acquired Area Property Location Feet) (Renovated) (Acres) ======================= ======================== ================ ================= ============ Shopping Centers (continued) ---------------------------- Southside Plaza Richmond, VA 340,691 1972 32.8 South Dekalb Plaza Atlanta, GA 163,273 1976 14.6 Thruway Winston-Salem, NC 348,770 1972 (1997) 30.5 Village Center Centreville, VA 143,109 1990 17.2 West Park Oklahoma City, OK 76,610 1975 11.2 White Oak Silver Spring, MD 480,156 1972 (1993) 28.5 ================ ============ Total Shopping Centers 4,920,973 426.7 ================ ============ Office Properties ----------------- Avenel Business Park Gaithersburg, MD 388,620 1981-2000 37.1 Crosstown Business Center (b) Tulsa, OK 197,135 1975 (2000) 22.4 601 Pennsylvania Ave Washington, DC 225,223 1973 (1986) 1.0 Van Ness Square Washington, DC 156,493 1973 (1990) 1.2 Washington Square Alexandria, VA 235,000 1975 (2000) 2.0 ================ ============ Total Office Properties 1,202,471 61.7 ================ ============ Total Portfolio 6,123,444 488.4 ================ ============ Percentage Leased Property Mar-2001 Mar-2000 Anchor / Significant Tenants ======================= ================ ================ ========================================================= Shopping Centers (continued) ---------------------------- Southside Plaza 93% 88% CVS Pharmacy, Community Pride Supermarket. Maxway South Dekalb Plaza 100% 83% MacFrugals, Pep Bays, The Emory CLinic Thruway 93% 95% Bed, Bath & Beyond, Stein Mart, Harris Teeler, Fresh Market, Eckerd Drugs, Houliham's, Borders Books, Zany Brainy, Blockbuster Village Center 100% 98% Giant Food, Tuesday Morning West Park 58% 58% Homeland Stores, Family Dollar White Oak 99% 99% Giant Food, Sears, Rite Aid, Blockbuster ================= =============== 94.7% (c) 94.3% ================= =============== Office Properties ----------------- Avenel Business Park 99% 96% Quanta Systems, General Services Administration, VIRxSYS, Ventana Medical, Paragea Communications, Boston Biomedica, Broadsoft Crosstown Business Center (b) 68% 15% Compass Group, Roxtec, Par Electric 601 Pennsylvania Ave 100% 100% General Services Administration, Alltel, American Arbitration, Capital Grille Van Ness Square 95% 98% INTELSAT, Team Video Intl, Office Depot, Pier 1 Washington Square 55% n/a Vanderweil Engineering, World Wide Retail Exchange, American Management Systems, Rite Aid, Trader Joe's, Blockbuster ================= =============== 92.5% (c) 80.3% ================= =============== 94.4% (c) 92.1% ================= ===============
(a) Undeveloped land acquired August 2000. Construction has commenced for a 18,000 square foot in-line expansion to Ashburn Village. The expansion space is 66% pre-leased to tenants scheduled to occupy Phase III in the second quarter of 2001. Phase IV consists of approximately 3.1 acres of undeveloped land. (b) Currently operational, but under development to convert former shopping center to office park/warehouse use. (c) Washington Square and Ashburn Village III & IV, currently under construction and not yet fully operational, are excluded from these averages. Exhibit