CABAZON,

PROPERTY OVERVIEW

DESERT HILLS PREMIUM OUTLETS® CABAZON, CA

MAJOR METROPOLITAN AREAS SELECT TENANTS

Palm Springs: 18 miles east Neiman Marcus Last Call, Saks Fifth Avenue OFF 5TH, Armani, DESERT HILLS : 75 miles west Barneys New York Warehouse, Bottega Veneta, Brunello Cucinelli, 15 PREMIUM OUTLETS Burberry, Coach, Diane von Furstenberg Outlet, Diesel, Dolce & Gabbana, Los Angeles San Bernardino CABAZON, CA RETAIL Elie Tahari Outlet, Ermenegildo Zegna Outlet Store, Furla, Gucci, HUGO BOSS, James Perse, Jimmy Choo, kate spade new york, Malki Rd. GLA (sq. ft.) 651,000; 180 stores Kenneth Cole Company Store, LACOSTE Outlet, Loro Piana, Marni, 60 10 Morongo Indian Casino Michael Kors Outlet, NikeFactoryStore, Polo Ralph Lauren Factory Store, Cabazon 15 215 Prada, Saint Laurent Paris, Salvatore Ferragamo Company Store, Riverside Theory Outlet, Tod’s, Tory Burch, True Religion, Versace OPENING DATES 111

Opened July 1990 TOURISM / TRAFFIC Palm Springs Expanded May 1995, 1997, 2002, 2014 More than 77,000 vehicles travel daily on I-10 past the center. Multi-level parking structure MAJOR ATTRACTIONS PARKING RATIO 3.5 million travelers visit Palm Springs, Palm Desert, Indio and 5.42:1 Rancho Mirage resorts and hotels annually.

RADIUS POPULATION LOCATION / DIRECTIONS

15 miles: 216,622 On I-10, 18 miles west of Palm Springs and 75 miles east of 30 miles: 1,404,005 Los Angeles, California. 45 miles: 3,477,933 — From Los Angeles: I-10E to Malki Road Exit, turn left at the end of the AVERAGE HH INCOME ramp and right onto Seminole, 1/4 mile to entrance on left

30 miles: $67,420 — From Palm Springs: Highway 111N to I-10 to Malki Road, follow billboards to entrance

Information accurate as of 5/1/16. Source: SPG Research; trade area demographic information per STI: PopStats (2015). MASTER PLAN

FOUR-LEVEL PARKING DECK

LOS ANGELES INTERSTATE 10 PALM SPRINGS

SEMINOLE DRIVE

LOS ANGELES INTERSTATE 10 PALM SPRINGS

H NORT AERIAL OVERVIEW

SEMINOLE DRIVE

LOS ANGELES INTERSTATE 10 PALM SPRINGS

H NORT SURROUNDING AREA CENTERS

Simon Centers Competition ke Los Angeles 1 Desert Hills Premium Outlets® Adelanto 2 Cabazon Oulets Victorville Apple Valley

3 Galleria at Tyler Mountain View Acres 4 The Gardens on El Paseo 7 Phelan 7 Lucerne Valley 45 MILES 5 Inland Center Mall Piñon Hills 6 Lake Elsinore Outlets Hesperia Oak Hills 7 The Mall of Wrightwood 8 Moreno Valley Mall 9 Ontario Mills 30 MILES Lake Arrowhead Big Bear City Homestead Valley 10 The Promenade in Temecula Lytle Creek Crestline Big Bear Lake 11 The Promenade Shops at Dos Lagos Running Springs

12 Victoria Gardens Twentynine Palms zusa San Antonio Heights Muscoy San Bernardino Yucca Valley 13 Westfield Palm Desert La Verne trus Upland Rancho Cucamonga Joshua Tree 12 Rialto Highland 15 MILES San Dimas Fontana vina 5 Montclair 9 5 Morongo Valley 9 Bloomington Loma Linda Mentone Walnut Pomona Ontario Redlands Oak Glen Crestmore Heights Yucaipa ose Hills Rubidoux Highgrove Calimesa Chino Eastvale Cherry Valley Banning ts Pedley Desert Hot Springs Chino Hills Riverside 8 2 Whitewater Brea Norco Moreno Valley 2 Desert Edge 3 Home Gardens Woodcrest Beaumont 1 Cabazon Garnet Sky Valley Placentia March ARB Coronita El Sobrante Anaheim Corona El Cerrito Mead Valley Indio Hills Lake Mathews Lakeview Cathedral City Thousand Palms Villa Park 11 Orange Nuevo San Jacinto Good Hope Rancho MirageDesert Palms North Tustin Temescal Valley Romoland Idyllwild-Pine Cove Bermuda Dunes a Ana Tustin Meadowbrook Green Acres East Hemet 13 Mountain Center 134 Indio ey Warm66 Springs Winchester Indian4 Wells Irvine Menifee Coachella Canyon Lake esa Lake Forest La Quinta Lakeland Village h Rancho Santa Margarita Thermal Wildomar Laguna Woods Vista Santa Rosa Murrieta French Valley Laguna Hills Las Flores Anza Mecca Laguna BeachLadera Ranch 10 10 Lake Riverside Oasis North Shore San Juan Capistrano Temecula Dana Point Aguanga San Clemente

Rainbow Desert Shores Salton Sea Beach Fallbrook Bombay Camp Pendleton North Salton City Bonsall Borrego Springs Valley Center Camp Pendleton South Hidden Meadows

Vista

Escondido OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Moreno Valley Mall at Towngate 1,035,000 sf JCPenney, Macy’s, Sears 22 miles / 25 minutes Moreno Valley, CA

The Gardens on El Paseo 200,000 sf Saks Fifth Avenue 35 miles / 40 minutes El Paseo, CA

Westfield Palm Desert 1,000,000 sf JCPenney, Macy’s, Sears 35 miles / 40 minutes Palm Desert, CA

Inland Center Mall 1,000,000 sf Macy’s, Sears 35 miles / 50 minutes San Bernardino, CA

Galleria at Tyler 1,104,000 sf JCPenney, Macy’s, Nordstrom 40 miles / 45 minutes Riverside, CA

Ontario Mills® Neiman Marcus Last Call, Nordstrom 1,471,000 sf 50 miles / 50 minutes Ontario, CA Rack, Saks Fifth Avenue OFF 5TH

The Promenade in Temecula 1,050,000 sf JCPenney, Macy’s, Sears 50 miles / 50 minutes Temecula, CA

Montclair Plaza JCPenney, Macy’s, Nordstrom, 1,200,000 sf 55 miles / 55 minutes Montclair, CA Sears

Victoria Gardens 1,160,000 sf JCPenney, Macy’s 55 miles / 55 minutes Rancho Cucamonga, CA

OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME

Cabazon Outlets 65,000 sf 1/2 mile / 1 minute Cabazon, CA

Lake Elsinore Outlets 318,000 sf 65 miles / 1 hour Lake Elsinore, CA

Carlsbad Premium Outlets® 289,000 sf 85 miles / 1 hour 36 minutes Carlsbad, CA

Tanger Outlet Center 109,000 sf 90 miles / 1 hour 40 minutes Barstow, CA 60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 premiumoutlets.com

Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).