LEESBURG,

PROPERTY OVERVIEW

LEESBURG CORNER PREMIUM OUTLETS® LEESBURG, VA LEESBURG CORNER PREMIUM OUTLETS LEESBURG, VA

15 7 For Leesburg t E MAJOR METROPOLITAN AREAS SELECT TENANTS vans Rd. Gaithersburg 107 15

White's (Bypass)

Tysons Corner: 23 miles OFF 5TH, Abercrombie & Fitch Outlet, adidas, Ferry Dulle S

y 15 270 c Take 2nd right

Frederick Exit 1B o s l

l Exit 15N

G i

n r

Washington, D.C.: 35 miles Ann Taylor Factory Store, Armani Outlet, Banana Republic Factory Store, 28 ee 7 R

n d . Leesburg 95 wayr Baltimore, MD: 75 miles Brooks Brothers Factory Store, Burberry, Calvin Klein Company Store, Rockville Baltimore P otomac D R Coach Factory Store, DKNY Company Store, HUGO BOSS, J.Crew iver u ll es Factory, kate spade new york, Michael Kors Outlet, Nautica, Nike Factory G RETAIL r ee Store, Polo Ralph Lauren Factory Store, Restoration Hardware Outlet, nw ay 7 GLA (sq. ft.) 478,000; 110 stores Steve Madden, Swarovski, Theory, Tommy Hilfiger Company Store, Dulles Airport 267 Arlington True Religion, vineyard vines, Williams-Sonoma 50 28 Washington OPENING DATES 15 DC TOURISM / TRAFFIC Alexandria Opened 1998 495 Expanded 1999, 2000 Located in Loudoun County, which has the highest Median Household 66 95 Income in the . Fairfax County, which is next door, has the 2nd highest. PARKING RATIO

5.4:1 The average daily traffic on Rte. 7 is 46,000. The average daily count on the U.S. highway bypass south of Rte. 7 is 26,000; north of Rte. 7 is 8,500. RADIUS POPULATION

15 miles: 578,470 Approximately 30% of shoppers are tourists visiting Washington, 30 miles: 3,349,519 D.C. Leesburg Corner Premium Outlets is within 15 miles of Dulles 45 miles: 6,589,831 International Airport (IAD).

AVERAGE HH INCOME LOCATION / DIRECTIONS

30 miles: $136,101 The intersection of Rte. 7 and Rte. 15 within a short distance from Washington, D.C. and Baltimore, .

­­— From Washington, D.C. (Metro Area): I-495 to Rte. 267W (Dulles Toll Rd./Greenway), Exit 1B to Rte. 15N, follow signs leading to Fort Evans Rd. Exit (in far right lane)

Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016). MASTER PLAN

PO TOMA C STATION DR.

FT. EVANS RD. NE

OLD NAVY

NIKE FACTORY STORE

COLUMBIA SPORTSWEAR

GAP RESTORATION OUTLET POLO WILLIAMS SONOMA HARDWARE COACH RALPH FACTORY LAUREN STORE SAKS FIFTH AVENUE FACTORY OFF 5TH STORE

SR 7 / E. MARKET ST.

US 15 / LEESBURG BYP.

NORTH AERIAL OVERVIEW

SR 7 / E. MARKET ST.

POTOMAC STATION DR.

SR 773 / FT. EVANS RD.

US 15 / LEESBURG BY-PASS

H

NORT SURROUNDING AREA CENTERS

Jacobus McKnightstown New Oxford Marion Loganville Felton Needmore Mont Alto Orrtanna Mercersburg Gettysburg Simon Centers Cross Roads Lake Heritage Midway Competition Greencastle Pennville Glen Rock Railroad Waynesboro Carroll Valley Littlestown Stewartstown 1 Leesburg Corner Premium Outlets® State Line Rouzerville Fawn Gro Hancock Reid Ringgold Emmitsburg 2 Flintstone Cearfoss Sabillasville Edgemont ® Pecktonville Taneytown Manchester 3 Indian Springs Chewsville Charlton Bath (Berkeley Springs) Big Pool 4 Ballston Common Mall 33410 Pondsville Thurmont Hampstead Funkstown1612 Jarrettsville 5 Westminster Bagtown Union Bridge 31 Falling Waters St James 287 6 CityCenterDC Oldtown Breathedsville New Windsor ® Paw Paw Woodsboro Fallston 7 Clarksburg Premium Outlets een Spring Bakersville Myersville Mercersville 8 Libertytown Cockeysville Martinsburg Eakles Mill Reisterstown 9 23 Timonium 17 Rohrersville Frederick Shepherdstown Lutherville 10 Fashion Centre at Pentagon City Braddock Heights15 Eldersburg Gapland Spring Ridge 1259Garrison Carney 11 Francis Scott Key Mall 110Bartonsville1 White Mars Yarrowsburg 14 Mount Airy Sykesville Towson ® Pikesville 12 Hagerstown Premium Outlets Inwood Shenandoah Junction Monrovia Rossville Bolivar Rosemont Buckeystown 13 Ranson Adamstown Capon Bridge Middleway 22721 14 Charles Town Lovettsville 7 Damascus Ellicott City Catonsville 15 Dundalk Clarksburg Baltimore Barnesville Edgemer 16 Market Common Clarendon Shannondale Laytonsville 22065 Ilchester Linthicum Shawneeland Columbia 17 Martinsburg Mall Brookeville Highland Ferndale Winchester Germantown 2 Jessup Riviera Beach 2 Berryville 1173 3 18 Poolesville Washington Grove 3 Round Hill Hamilton 1 North Laurel Severn 19 Owings Mills Mall Leesburg 37 Derwood Spencerville Lake Shore 343 Laurel Gambrills Stephens City Boyce 35 Darnestown Rockville Layhill Wardensville Lansdowne Fairland 20 312 Glenmont Arden on the Severn University Center Travilah 21 ® Cape St Cl Middletown Sugarland10 Run Garrett Park39365 Broadlands 87 38 Hillandale Crownsville 22 Security Square Mall Shenandoah Farms Potomac354 Strasburg 15 MILES Berwyn Heights Chevy Chase Naval Academy 23 Middleburg Loudoun Valley Estates 5 Shenandoah Shores Glen Echo 19254New Carrollton McNair 1412487 Bowie Toms Brook Arcola Wolf Trap North Brentwood Riva 24 Tanger National Harbor 3290 56 Highland Bea Apple Mountain Lake 33 Cheverly Woodmore Bull Run Mountain Estates Franklin Farm Pimmit32 Hills 276 25 The Mall At Prince Georges 28 Queen Anne 30 MILES Oakton 298 86Fairmount Heights Mayo Woodstock Arlington42216 Capitol Heights 26 The Mall in Columbia Chester Gap Greenbriar The Plains 11 4 2613 Brock Hall Fair Lakes1298 Fairfax Bailey's Crossroads20 27 The Shops At Silver Hill Marlboro Village Galesville Edinburg Long Branch 28 TownMall Of Westminster Haymarket Alexandria1184 Forest190 Heights Upper Marlboro 45 MILES Gainesville36 Huntington30 Deale 332 Clifton Oxon Hill 29 243 29 Flint Hill 2115Buckhall 232 Marlton New Baltimore South Run Friendly 30 t Jackson Manassas Friendship Crosspointe Woodlawn Washington Warrenton Fort Belvoir Dunkirk North Beach 31 Valley Mall Brandywine Nokesville Occoquan Chesapeake Beach 32 Luray Accokeek Sperryville Catlett Woodbridge21 Cedarville 33 Virginia Gateway Calverton Independent Hill Marumsco Opal Neabsco Bryans Road Huntingtown 34 Washingtonian Center Indian Head Waldorf Midland Aquasco Stanley 35 Dumfries Pomfret Eagle Harbor Triangle Bryantown Remington La Plata Prince Frederick 36 Quantico Port Tobacco Village Benedict Quantico Base henandoah Golden Beach Calvert Beach Culpeper Aquia Harbour Mechanicsville Elkton Brightwood Broomes Island OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Dulles Town Center JCPenney, Lord & Taylor, Macy’s, Nordstrom, Sterling, VA 1,400,000 sf 10 miles / 15 minutes

Fair Oaks Mall Fairfax, VA 1,400,000 sf JCPenney, Lord & Taylor, Macy’s, Sears 23 miles / 30 minutes

Tysons Galleria McLean, VA 800,000 sf Macy’s, Neiman Marcus, Saks Fifth Avenue 23 miles / 40 minutes

Tysons Corner Center Bloomingdale’s, Lord & Taylor, Macy’s, McLean, VA 1,900,000 sf Nordstrom 23 miles / 40 minutes

Francis Scott Key Mall Frederick, MD 706,000 sf JCPenney, Macy’s, Sears, Value City 26 miles / 40 minutes

Manassas Mall Manassas, VA 825,000 sf JCPenney, Macy’s, Sears 32 miles / 45 minutes

Montgomery Mall® Bethesda, MD 1,251,000 sf Macy’s, Nordstrom, Sears 33 miles / 50 minutes

Ballston Common Mall Arlington, VA 489,000 sf Macy’s 35 miles / 45 minutes

Fashion Centre at Pentagon City Arlington, VA 1,039,000 sf Nordstrom, Macy’s 40 miles / 50 minutes

Landmark Mall Alexandria, VA 957,000 sf Macy’s, Sears 45 miles / 1 hour

OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Clarksburg Premium Outlets® Clarksburg, MD 390,000 sf 30 miles / 45 minutes

Hagerstown Premium Outlets® Hagerstown, MD 485,000 sf 47 miles / 54 minutes

Potomac Mills® Prince William, VA 1,540,000 sf Saks Fifth Avenue OFF 5TH 50 miles / 1 hour 10 minutes

The Outlet Shoppes at Gettysburg Gettysburg, PA 260,000 sf 60 miles / 1 hour 15 minutes

Arundel Mills® Neiman Marcus Last Call, Hanover, MD 1,663,000 sf Saks Fifth Avenue OFF 5TH 70 miles / 1 hour 15 minutes 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 (, NYSE:SPG).