Saul Centers, Inc. (NYSE: BFS) is a self-managed, self-administered equity real estate investment trust, formed in 1993 and headquartered in Bethesda, Maryland. Saul Centers operates and manages a real estate portfolio of 50 community and neighborhood shopping centers and office properties totaling approximately 8.2 million square feet of leaseable area. Over 80% of the Company’s property operating income is generated from properties within the metropolitan Washington, DC / Baltimore area.

Saul Centers’ primary operating strategy is to continue its program of internal growth, renovations, and expansions of community and neighborhood shopping centers that primarily service the day-to-day necessities and services subsector of the overall retail market. Saul Centers plans to supplement its internal growth strategy through selective development of new properties and acquisitions of operating properties as appropriate opportunities arise.

The following are select examples of Saul Centers’ office properties:

601 Pennsylvania Avenue, NW, Washington, DC
(225,000 SF)
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Avenel Business Park,
Gaithersburg, Maryland
(400,000 SF)
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Washington Square @ Old Town, Alexandria, Virginia
(235,000 SF)
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For a complete listing of the Saul Centers’ property portfolio,
visit our website at