QUEENSTOWN, MARYLAND

PROPERTY OVERVIEW

QUEENSTOWN PREMIUM OUTLETS® QUEENSTOWN, MD

MAJOR METROPOLITAN AREAS SELECT TENANTS Baltimore 95 70 Annapolis: 24 miles adidas, Banana Republic Factory Store, BCBG, Brooks Brothers 100 Baltimore: 50 miles Factory Store, Calvin Klein Company Store, Clarks Bostonian Outlet, 695 Washington, D.C.: 53 miles Coach, J.Crew Factory, kate spade new york, Michael Kors Outlet,

NikeFactoryStore, Polo Ralph Lauren Factory Store, St. John, Swarovski, 95 US Talbots, Under Armour 2 301 RETAIL 97 Chesapeake Bay Outlet Center Drive GLA (sq. ft.) 290,000; 60 stores US US TOURISM / TRAFFIC 495 US US 50 301 301 Annapolis 50 404 OPENING DATES Queenstown Premium Outlets is located 53 miles from Washington, D.C. and 24 miles from Annapolis, Maryland and is well situated in a Washington D.C. US Opened June 1989 prime location for all traffic destined to the Maryland and Delaware 50 Expanded 2006 beach areas. The center draws from Washington, D.C., Baltimore and Delaware including Talbot County. Positioned in the ninth largest MSA in the country, the Washington/Baltimore/affluent Annapolis market QUEENSTOWN PARKING RATIO serves nearly 5.3 million residents in the surrounding 60-mile radius PREMIUM OUTLETS QUEENSTOWN, MD 3.6:1 (U.S. Census Bureau).

RADIUS POPULATION MAJOR ATTRACTIONS

15 miles: 64,283 Washington, D.C., Annapolis and Baltimore 30 miles: 827,699 45 miles: 4,073,245 LOCATION / DIRECTIONS

AVERAGE HH INCOME Strategically located at the US 50/301 split just 10 miles east of the Chesapeake Bay Bridge. 30 miles: $93,169 — From Annapolis: Take US 50E toward the Chesapeake Bay Bridge, cross the bridge and the center is located 10 miles east of the bridge at the US 50/301 split — From Washington, D.C.: Take I-495 Beltway to US 50E which joins US 301N, go across Chesapeake Bay Bridge to US 50/301 split — From Baltimore: Take I-97S to US 50E toward the Chesapeake Bay Bridge, cross the bridge and the center is located 10 miles east of the bridge at the US 50/301 split

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

US 301 / BLUE STAR MEMORIAL HWY.

US 50 / OCEAN GATEWAY AERIAL OVERVIEW

SR 18 / MAIN ST.

US 301 / BLUE STAR MEMORIAL HWY. NORT H US 50 / OCEAN GATEWAY SURROUNDING AREA CENTERS

Penns Grove Pitman Newport Mullica HillRichwood Rising Sun Pylesville Brookside Wilmington Manor W Simon Centers Newark Taneytown Manchester New Castle Clayton Competition Darlington Pennsville Woodstown Hampstead North East Glasgow Bear Jarrettsville Port Deposit Westminster Elkton Elmer 15 Delaware City Salem Union Bridge Perryville15 Charlestown Alloway 1 Queenstown Premium Outlets® Bel Air North New Windsor Havre de Grace Quinton New Fallston Olivet 2 Annapolis Towne Centre at Parole Bel Air Chesapeake City 9 Aberdeen 3 Arundel Mills Hancocks Bridge Seabrook Farms ytown Cockeysville Pleasant Hills Aberdeen Proving Ground Riverside Rosenhayn V 4 Bowie Town Center Reisterstown Middletown Shiloh Kingsville Odessa Timonium Edgewood Perryman 5 Dover Mall Owings Mills Bridgeton Lutherville Joppatowne Eldersburg Cecilton 14Garrison 17 Carney Townsend 6 Eastpoint Mall ket 17 Millvil Sykesville Towson Overlea21 Fairton Mount Airy Pikesville 21 Betterton 7 The Gallery at Harborplace a 1818 Rossville Galena Cedarville Milford Mill Lochearn Laurel 8 Harborplace Bowleys Quarters Smyrna 16 13 16 13 8 Butlertown Kennedyville 9 Harford Mall Ellicott City 87 6 Essex Catonsville 6 Worton Damascus Dundalk Lansdowne 7 Millington 10 The Mall at Prince Georges Leipsic Port N Ilchester Baltimore Edgemere Tolchester Chestertown Kenton 11 The Mall in Columbia Laytonsville 11 Linthicum Cheswold Columbia Kingstown Ferndale Sudlersville 55 12 Marley Station omery VillageBrookeville Highland Hartly Dover Little Creek Jessup Riviera Beach Edesville Barclay Olney 3 Church Hill Kent Acres 13 Mondawmin Mall Washington Grove North Laurel Severn 12 Templeville 12 Rock Hall Rodney Village 14 Owings Mills Mall c Derwood Spencerville Lake Shore Marydel Maryland City Gambrills Rising Sun-Lebanon Rockville Layhill Fairland Severna Park 15 Perryville Outlet Center Henderson WoodsideMagnolia Glenmont Calverton Arden on the Severn vilah 16 Security Square Mall Garrett Park Cape St Claire Centreville Viola Riverview mac Hillandale Crownsville19 Goldsboro 17 Towson Town Center Berwyn Heights Greenbelt Crofton Queenstown Felton Frederica bin John 20 Chevy Chase University Park 20Naval Academy Chester 2 1 Ridgely Greensboro 18 The Village of Cross Keys Glen Echo 10 New Carrollton Stevensville 10 Bowie Riva Grasonville p North Brentwood 4 2 Harrington Milford 19 Waugh Chapel Towne Centre Tysons Corner Cheverly 4 Highland Beach Edgewater Queen Anne Houston Slaughter Beach immit Hills Lake Arbor 20 Westfield Annapolis Washington Mayo Largo West Denton Arlington Kettering Farmington 21 White Marsh Mall District Heights Cordova Denton Bailey's Crossroads Silver Hill Marlboro Village Galesville 15 MILES Williston h Glassmanor Upper Marlboro Alexandria Shady Side Greenwood Ellendale Forest Heights e Huntington Queenland Deale St Michaels Easton Milton Lewes Hybla Valley Marlton un Fort Hunt Clinton Friendship inte Dunkirk Bridgeville Henlopen Acre Woodlawn North Beach Preston Brandywine Owings Tilghman Island Federalsburg Dewey Beac uan Oxford Choptank 30 MILES Georgetown Baden Chesapeake Beach Accokeek Seaford bridge Trappe Hurlock sco Bensville Blades Bryans Road Long Neck Huntingtown Secretary Indian Head Waldorf Aquasco Eldorado Algonquin Laurel Millsboro Brookview Bethel l Pomfret Eagle Harbor Dagsboro Bryantown Cambridge La Plata Prince Frederick Madison Sharptown 45 MILES Bethany Bea Frankford South Beth Port Tobacco Village Benedict Church Creek Golden Beach Vienna Calvert Beach Taylors Island Selbyville Delmar St Leonard Mardela Springs Bishopville Fenwick Is Mechanicsville Long Beach Broomes Island Hebron Salisbury Parsonsburg Whaleyville Ocean Cit Quantico Lusby Ocean Pines Dahlgren Drum Point w Beach Fishing Creek Powellville Berlin Tyaskin Fruitland Elliott King George Leonardtown California Jesterville Allen Rock Point Eden Colonial Beach Cobb Island Lexington Park Nanticoke Acres Whitehaven Waterview Princess Anne OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Parole at Town Center 2,000,000 sf P.F. Chang’s, Target 24 miles / 31 minutes Annapolis, MD

Westfield Annapolis JCPenney, Lord & Taylor, Macy’s, 1,214,000 sf 24 miles / 31 minutes Annapolis, MD Nordstrom, Sears

Marley Station 1,100,000 sf JCPenney, Macy’s, Sears 30 miles / 39 minutes Glen Burnie, MD

Bowie Town Center 578,000 sf Macy’s, Sears 36 miles / 43 minutes Bowie, MD

OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Arundel Mills® Neiman Marcus Last Call, 1,658,000 sf 44 miles / 50 minutes Hanover, MD Saks Fifth Avenue OFF 5TH

Tanger National Harbor American Eagle Outfitters, Tommy Hilfiger, 350,000 sf 57 miles / 1 hour 5 minutes Oxon Hill, MD NikeFactoryStore, Polo Ralph Lauren

Tanger Outlets - Rehoboth Beach GUESS, NikeFactoryStore, 569,000 sf 67 miles / 1 hour 30 minutes Rehoboth Beach, DE Michael Kors, Polo Ralph Lauren

Ocean City Factory Outlets American Eagle Outfitters, Coach, 202,000 sf 84 miles / 1 hour 59 minutes Ocean City, MD Brooks Brothers, J.Crew 60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 premiumoutlets.com

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