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Saul
Centers, Inc. (NYSE: BFS) is a self-managed, self-administered
equity real estate investment trust headquartered in Bethesda, Maryland.
Saul Centers operates and manages a real
estate portfolio of 41 community and neighborhood shopping center and
office properties totaling approximately 7.3 million square feet of leaseable
area. Approximately 80 percent of our cash flow is generated from properties
in the metropolitan Washington, D.C./Baltimore area.
Saul
Centers primary operating strategy is to continue its program
of internal growth, renovations, and expansions of community and neighborhood
shopping centers, which 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.
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