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Liberty Village Premium Outlets® the Simon Experience — Where Brands & Communities Come Together

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Liberty Village Premium Outlets® the Simon Experience — Where Brands & Communities Come Together LIBERTY VILLAGE PREMIUM OUTLETS® THE SIMON EXPERIENCE — WHERE BRANDS & COMMUNITIES COME TOGETHER More than real estate, we are a company of experiences. For our guests, we provide distinctive shopping, dining and entertainment. For our retailers, we offer the unique opportunity to thrive in the best retail real estate in the best markets. From new projects and redevelopments to acquisitions and mergers, we are continuously evaluating our portfolio to enhance the Simon experience - places where people choose to shop and retailers want to be. We deliver: SCALE Largest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills® QUALITY Iconic, irreplaceable properties in great locations INVESTMENT Active portfolio management increases productivity and returns GROWTH Core business and strategic acquisitions drive performance EXPERIENCE Decades of expertise in development, ownership, and management That’s the advantage of leasing with Simon. PROPERTY OVERVIEW LIBERTY VILLAGE PREMIUM OUTLETS® FLEMINGTON, NJ MAJOR METROPOLITAN AREAS SELECT TENANTS Philadelphia, PA: 40 miles south American Eagle Outfitters, Ann Taylor Factory Store, Brooks Brothers New York City, NY: 60 miles east Factory Store, Calvin Klein Company Store, Carter’s Outlet, Coach, Gymboree Outlet, J.Crew Factory, Jockey, Le Creuset, Maidenform, RETAIL Michael Kors Outlet, Nautica, Nine West Outlet, Polo Ralph Lauren Factory Store, Timberland Outlet, Tommy Hilfiger Company Store, Van Heusen GLA (sq. ft.) 162,000; 40 stores TOURISM / TRAFFIC OPENING DATES Average daily traffic count on US Highway 202 is 25,000. Average daily Opened May 1981 traffic on Route 31 is 14,000. Expanded 1998, 2002 LIBERTY VILLAGE PREMIUM OUTLETS TRADE AREA FLEMINGTON, NJ PARKING RATIO Hunterdon County is one of the most affluent counties in the U.S. and has 6.1:1 the 4th highest median household income in the nation. RADIUS POPULATION LOCATION / DIRECTIONS 15 mile population: 311,396 Located 60 miles southwest of New York City in Hunterdon County, New 30 mile population: 3,214,217 Jersey, and 40 miles north of Philadelphia. 45 mile population: 10,000,631 From Newark Airport: NJ Turnpike South to I-78W for 40-45 minutes (use the express lane). Follow the signs for Cokesbury and Annandale. Exit at AVERAGE HH INCOME Flemington/Washington/Rte. 31. Proceed on Rte. 31S to Flemington for ten 30 mile average: $101,729 miles. Pass the turn for Flemington Business District and proceed under small railroad bridge. Turn right onto Church Street for the parking area. Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014). SITE AND PLAN CHURCH ST. BROWNST. STANGL RD. H NORT SR 12 / FRENCHTOWN FLEMINGTON RD. North Aerial View CHURCH ST. BROWN ST. SR 12 / FRENCHTOWN FLEMINGTON RD. SURROUNDING AREA CENTERS Unionville Crompond Chase Eagle Lake Hudson Yorktown Heig th Wilkes-Barre Big Bass Lake Birchwood Lakes Vernon Valley Warwick Verplanck SURROUNDING AREA CENTERS Gouldsboro nticokeGeorgetown Greenwood Lake Thiells Crugers Sussex Tuxedo Park Mount Ivy Simon Centers own Bear Creek Village Vernon Center Haverstraw Mountainhome Pocono Ranch Lands Pomona Branchville Sloatsburg OssiningChappaqu Competition uangola Mountain Top Pine Ridge 45 MILES Pocono Mountain Lake Hamburg New Square Pleasantville Pocono Pines Mount Pocono Estates Ringwood Hillburn Kaser Thornwood Penn Lake Park Saw Creek Franklin Bardonia 1 Liberty Village Premium Outlets® Nyack Sleepy Hollow Emerald Lakes Ogdensburg 2 Bridgewater Commons East Side Chestnut Ridge Grand View-on-Hudson Newton R Hickory Hills White Haven Holiday Pocono 6 Pearl River Fairview 3 Brunswick Square Penn Estates Oakland Sparkill ille Freeland Lake Mohawk Butler Waldwick Hartsdale 4 Burlington Center Mall Albrightsville Sierra View Arlington Heights Bloomingdale Northvale Lattimer Jeddo Marksboro Midland Park Hastings-on-Hudson 5 Cherry Hill Mall Indian Mountain Lake Stroudsburg Andover Riverdale azleton Johnsonburg Hopatcong Kinnelon Weatherly Delaware Water Gap Glen Rock HaworthAlpine 6 The Crossings Premium Outlets Lake Telemark Tuckahoe ® 30 MILES Byram Center Prospect Park Oradell La Beaver Meadows Brodheadsville Portland Allamuchy Lincoln Park Pelham 7 Freehold Raceway Mall Hope Stanhope New York ayres East Bangor Netcong 3037Rockaway Boonton Totowa Maywood 8 Jackson Premium Outlets® Saylorsburg Delaware 5351 Roseto Great Meadows Victory Gardens 36 Clifton Bogota Leonia Nesquehoning Jim Thorpe Mountain Lake Singac 9 King of Prussia® Wind Gap Hackettstown Wallington Port Washington Nor Bridgeville Caldwell 10 Lehigh Valley Mall Lansford Weissport Ackermanville Succasunna Morris Plains Bax metown Buttzville Beattystown Essex Fells Pland 11 Livingston Mall Bowmanstown Morristown Belfast Port Murray Guttenberg Saddle Roc Martins Creek Florham Park Silver Lake 12 The Mall at Short Hills Walnutport Port Colden Long Valley Mendham 1411 Union City Russell Gardens Cherryville Chapman Brainards East Newark Hoboken 13 Market Fair Mall Slatedale Tatamy Broadway Chatham15 Flo Bath 15 MCalifonILES 12 Short Hills 14 Menlo Park Mall Laurys Station Peapack and Gladstone Jersey City South Wilson Upper Stewartsville Glen Gardner Far Hills New Providence Cementon 2225 Kenilworth 15 The Mills at Jersey Gardens sburg New Tripoli West Easton30 Valley 26Alpha High Bridge Roselle Park Bayonne North Catasauqua Watchung 18 16 Monmouth Mall Schnecksville Glendon 15Elizabeth Woodm Catasauqua Bloomsbury ClintonLebanon Fanwood Garwood Kempton 1310 Freemansburg Hew 17 Montgomery Mall White House Station Rahway Cetronia Fountain 23Hill Riegelsville Carteret 18 Moorestown Mall nton Hellertown20 2 Middlesex Iselin Avenel East Atl Lenhartsville Dorneyville Raritan2 3446 19 Neshaminy Mall Fords5437 Edenburg Trexlertown Zarephath 17 Sewaren 20 The Outlets at Sands Bethlehem DeSales University Flemington 31 Weston 14 Virginville Perth Amboy ille Topton Alburtis Coopersburg Frenchtown Middlebush 21 Oxford Valley Mall 391 Millstone erport Mertztown East Franklin South Amboy Lyons Richlandtown Belle Mead 22 Palmer Park Mall le 3243 Union Beach Leesport Walnuttown Dryville Hereford HarlingenFranklin ParkMilltown Madison Park 23 Penn's Purchase Factory Milford Square North Middletown Temple East Greenville Stockton Skillman Ten Mile Run Matawan 24 Philadelphia Mills Trumbauersville 3 Keyport Leonardo Highlands South Temple Bally Plumsteadville Blawenburg Dayton Brownville Oley Pennsburg Perkasie Lambertville 25 Philadelphia Premium Outlets® Hyde Park Red Hill Dublin Hopewell Kingston Helmetta Morganville Sea Bright rk Bechtelsville New Hope 26 Phillipsburg Mall Princeton Jamesburg Stony Creek Mills Silverdale 27 26 Robertsville Lincroft Mount Penn Boyertown Green Lane 23 Plainsboro Center Monmouth Beach 27 Plymouth Meeting Mall gmont Telford PenningtonMorongo Valley Rossmoor Yorketown ose Manor St Lawrence Gilbertsville Woxhall 1613 Oceanport New Britain Lawrenceville Concordia Englishtown 28 The Promenade at Sagemore 36 West19 Long Branch n Flying Hills Amity Gardens Spring Mount Chalfont 29 16 29 Quaker Bridge Mall Hightstown Oakhurst SanatogaSchwenksville Newtown Grant Yardley Freehold DouglassvilleStowe Lansdale 7 30 Rockaway Townsquare 29 1720 Woodside Robbinsville West Freehold Allenhurst South25 Pottstown Skippack 4433 Richboro Newtown Roosevelt North Wales Ocean Grove 31 The Shoppes at Flemington sville Ivyland Woodbourne Morrisville Evansburg Avon-By-the-Sea le Spring City Spring House Warminster Heights 24 Yardville Farmingdale 32 The Shoppes of North Brunswick Elverson Langhorne21 Fairless Hills Allentown Lake Como Eagleville Ambler 118 Vista Center Morgantown Phoenixville Groveville Spring Lake Heights 33 The Shops at Valley Square 5235Bryn Athyn 1922Hulmeville Tullytown Norristown 34 Staten Island Mall Churchtown Audubon Oreland Fieldsboro Ramtown Sea Girt arl 3127 Jenkintown Bristol Lakewood Honey Brook Arcadia University Point Pleasant Beach 35 Willow Grove Park Bridgeport129 Eddington2824 Burlington West Conshohocken Rockledge New Egypt Bay Head Eagleview Paoli Cornwells Heights Cedar Glen West 36 Willowbrook Mall Devon Mantoloking Exton 4 37 Woodbridge Center Downingtown Riverton 4 Fort Dix Leisure Knoll Leisure Village East Malvern Haverford College Philadelphia Caln Thorndale Palmyra Juliustown Lakehurst p Westwood Broomall Penn Wynne Dover Beaches North Moorestown-Lenola PembertonBrowns Mills Lavallette en Modena Millbourne Silver Ridge Pomeroy West Chester 8 Cedar Glen Lakes East Lansdowne Merchantville5 Ramblewood Seaside Heights Christiana Cheyney University 5 2118 50 Presidential Lakes South Toms River Ocean Gate MortonColwyn Ellisburg Leisuretowne Chester Heights Media Oaklyn BarclayMarlton Estates Cochranville Ridley Park Parkside Mount EphraimSpringdale32 Westville Echelon 28 Boothwyn Upland Eddystone Medford Lakes West Grove Kennett Square Hi-Nella Linwood Chester Gibbsboro Forked River Avondale Lincoln University Marcus Hook Oak Valley Berlin Oxford Waretown Pedricktown Turnersville Swedesboro Barnegat Light OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Bridgewater Commons 884,000 sf Bloomingdale’s, Lord & Taylor, Macy’s 15 miles / 35 minutes Bridgewater, NJ Phillipsburg Mall 540,000 sf JCPenney, Sears 20 miles / 30 minutes Phillipsburg, NJ Quaker Bridge Mall® 1,083,000 sf Lord & Taylor, Macy’s, JCPenney, Sears 25 miles / 35 minutes Princeton, NJ Woodbridge Center Boscov’s, Dick’s Sporting Goods, 1,539,000 sf 30 miles / 45 minutes Woodbridge,
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