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BUSINESS CARD DIE AREA

5425 Wisconsin Avenue, Suite 300 Chevy Chase, MD 20815 (301) 968-6000 simon.com

Information as of 5/1/16 Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (, NYSE:SPG). MILPITAS (SAN JOSE), MILPITAS HIGH-TECH CENTRAL

Great Mall® serves the affluent area between the San Jose and markets. Combined, these two markets serve a population of 6.3 million people with the most affluent population for any market of this size.

—— A $2.3 billion South Bay BART and Light Rail Extension is being constructed adjacent to the property, opening mid-2017. —— In addition, 6,000+ new residential units are already occupied and another 5,200+ residential units are under construction within one mile of Great Mall. —— The population of Milpitas is expected to increase 30% or more over the next 30 years. The unemployment rate is just 3.3% as of February, 2017. —— Located three miles from Levis Stadium, home to Super Bowl 50, and five miles from the new Avaya Stadium, home to the 2016 MLS All-Star Game and to the San Jose Earthquakes. The center is just eight miles from SAP Center, home to the San Jose Sharks. —— Milpitas is part of the with Cisco Systems, SanDisk, LifeScan, Inc., JDS Uniphase, and Adaptec all headquartered there. The new Apple campus is slated to be four miles from Great Mall. GOOD VALUE GREAT STYLE

Great Mall, the largest outlet and value-retail , dining, and entertainment destination in , provides the ultimate shopping experience with more than 200 outlet and value-retail stores. BY THE NUMBERS

Anchored by Seven Major Retailers Last Call, OFF 5TH, Marshalls, Burlington, Kohl’s, Bed Bath & Beyond, UNIQLO Square Footage Great Mall spans 1,366,000 square feet. Single Level Boasting more than 200 specialty stores. Entertainment Features a 20-screen Century Theatres and Dave & Buster’s, the number one location in the U.S. IN GOOD COMPANY

Distinctive. Classic. Chic.

Many fine brands have chosen Great Mall as their preferred location in the East Bay market. ——Banana Republic — Coach — Columbia Sportswear ——Gap Outlet — J.Crew — Levi’s Outlet Store — Steve Madden — Tommy Hilfiger

POSITIONED TO SUCCEED

The Great Mall property is irreplaceable real estate located in Milpitas, California, just north of San Jose. —— Strategically located a half mile between I-680 and I-880 at the Great Mall Parkway and Route 237. —— Great Mall is located about seven miles north of San Jose and 46 miles southeast of San Francisco. —— VTA Light Rail and bus terminal adjacent to the property. —— The mall is located five miles from San Jose International Airport. —— Both a Courtyard Marriott and TownePlace Suites are adjacent to the property. —— BART and BART/VTA Montague Expressway transfer station will open mid-2017.

Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016). Castro Valley Dublin Tracy San Leandro 6 Ashland 580 10 Brisbane Livermore Colma Cherryland Fairview

Pleasanton South San Francisco 8 7 Hayward San Bruno 680

Millbrae Union City

Burlingame Sunol 880

Hillsborough San Mateo Foster City 3 Fremont Highlands-Baywood Park Newark 4

TRADE AREA BOUNDARY San Carlos Redwood City

f Moon Bay North Fair Oaks Emerald Lake Hills East Palo Alto

Atherton 280t 9 West Menlo Park Milpitas

Woodside

Mountain View 1

Sunnyvale East Foothills Palo Alto Portola Valley Los Altos Alum Rock

Loyola

12 Buena Vista 2 Cupertino 5Fruitdale San Jose Seven Trees Campbell

Saratoga Cambrian Park 11 Monte Sereno

N 0 5

MILES

Lexington Hills

Boulder Creek 1 Great Mall 5 9 Morgan Hill TRADE AREA & COMPETITION 2 6 San Francisco Premium Outlets 10 Stoneridge Mall Simon Centers 3 Hillsdale Shopping Center 7 11 West‡eld Oakridge Competition 4 Newpark Mall 8 Southland Mall 12 West‡eld Valley Fair I680 / SINCLAIR FRWY.

MONTAGUE EXPY.

SEARS APPLIANCE NIKE FACTORY STORE BED BATH & BEYOND OUTLET FOREVER 21 UNIQLO BURLINGTON DAVE & BUSTER’S MARSHALLS OFF BROADWAY SHOE WAREHOUSE OLIVE GARDEN CENTURY THEATRES GREAT MALL SAKS FIFTH AVENUE OFF 5TH

G NEIMAN MARCUS LAST CALL

R E KOHL’S OLD NAVY A H&M T CURTIS AVE. M GROUP USA A BEVMO! LL CLOTHING CO. DR.

S. MAIN ST GREAT MALL PKWY. N

AERIAL OVERVIEW

SOUTHWEST AERIAL VIEW GREAT MALL DR.

SEARS NIKE BED BATH APPLIANCE FACTORY & BEYOND OUTET STORE BURLINGTON MARSHALLS FALCON DR.

DAVE & BUSTER’S SAKS FIFTH AVENUE OFF 5TH FOREVER 21 UNIQLO OLIVE GARDEN

GREAT MALL DR. MALL GREAT CENTURY THEATRES

MUSTANG DR.

KOHL’S

NEIMAN MARCUS COMET DR. GROUP H&M LAST CALL OLD NAVY USA CLOTHING FAIRLANE DR. CO. BEVMO!

GREAT MALL PKWY.

KEY DEPARTMENT STORE ANCHOR STORES RESTAURANTS RETAIL

N ESCORTDR. THEATER

SITE PLAN UNIQUE OPPORTUNITY

Great Mall presents a unique opportunity for your brand.

Please contact the following leasing professional for more information.

Scott Sarti (708) 403-7870 [email protected] 5425 Wisconsin Avenue, Suite 300 Chevy Chase, MD 20815 (301) 968-6000 simon.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).