Saul Centers, Inc.
This company might say that with shopping properties, it's "Saul" good. A self-managed and self-administered real estate investment trust (REIT), Saul Centers acquires, develops, and manages commercial real estate, primarily in the Washington, DC, metropolitan area. The REIT owns about 50 strip malls and shopping centers anchored by big-box retailers and supermarkets, along with half a dozen mixed-use properties. Altogether its properties comprise some 9.3 million sq. ft. of leasable space. Outside of its core market, the company has properties in the Southeast and Midwest. Its major tenants include the likes of Giant Food, Safeway, Capital One Bank, and the US government.
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