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What do you get when you combine a Chick-fil-A, Taco Bell and upward of 1,000 apartments? A Saul Centers update!

Michael Neibauer

Bethesda-based Saul Centers Inc. is growing its hometown holdings while advancing quickly on a series of retail and mixed-use developments across Greater Washington. According to its annual report released Tuesday, Saul (NYSE: BFS) paid $4.5 million in December for an interest in 4800 Hampden Lane, a small parcel home to a 10,000-square-foot commercial building constructed in 1986.