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La Plaza Mall Contents LA PLAZA MALL CONTENTS The Simon Experience 1 Property Overview 3 Market Overview 4 Trade Area 5 Trade Area Map 6 Location and Access 7 Aerial View 8 Site Plan 9 Master Plan 10 Merchandising Mix at a Glance 1 1 Simon Marketing 13 Property Contacts 15 Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014). 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 La Plaza Mall is located in the heart of McAllen, Texas and is one of Simon’s highest grossing malls in the U.S. — Anchors include Dillard’s, Macy’s, Macy’s Home & Children’s Store, JCPenney, Sears, and Joe Brand. — Features more than 150 specialty stores. — McAllen is the retail center of south Texas and northern Mexico, drawing from a consumer base of more than ten million people within a 200-mile radius. — The center attracts hundreds of thousands of Mexican National shoppers living just minutes away, driving retail sales per capita in the area significantly higher than the national average. — Many national retailers located at La Plaza Mall are among the most profitable stores in their chains. — The mall is known to generate more than 18 million visitors annually. 3 MARKET OVERVIEW La Plaza Mall is a premier shopping, dining, and entertainment destination in south Texas, located at the bustling intersection of Interstate 2 and 10th Street in McAllen. — The McAllen metro area is home to 760,000 people and is one of the fastest growing markets in the country. — McAllen’s population has increased by 34% over the past decade and is expected to grow by another 12% in the next five years. — When combined with Reynosa, Mexico—just minutes away from La Plaza Mall—the Bi-National metropolitan area population surpasses 1.8 million. — La Plaza Mall is close to the primary border crossing of Mexico and attracts Mexican National shoppers. — The mall is adjacent to the McAllen-Miller International Airport and is near the McAllen Country Club and many affluent neighborhoods. — More than 80 of Fortune 500’s global manufacturers have operations in the McAllen-Reynosa area including General Electric, Panasonic, Nokia, TRW, Bissel, and Black & Decker. 4 TRADE AREA La Plaza Mall enjoys a large local trade area that serves McAllen and the entire Rio Grande Valley. — Mexican National shoppers account for 37% of the shopper base with an average Mexican National shopper making ten shopping trips a year to the Rio Grande Valley and spending an average of $219 per trip—three times the U.S. average. — The largest percentage of shoppers come from Monterrey, Mexico located two hours from McAllen. - Monterrey has a population of three million and is the third largest city in Mexico with the highest concentration of millionaires per capita of any Mexican city. - The brand-conscious Monterrey shopper sees La Plaza Mall as a premier shopping destination. — In 2010, Kiplinger ranked McAllen as one of the least expensive cities to live and work. 2014 2019 Trade Area Population 614,032 667,366 Total Daytime Population 600,626 Trade Area Households 170,797 183,647 Average Annual HH Income $54,508 $62,017 5 TRADE AREA TRADE AREA Linn CENTER INFORMATION Trade Area = 62.0% of customers Simon Centers Competition 1. La Plaza MallSan Perlita TRADE AREA BOUNDARY Los Angeles 281 186 Ranchette Estates Dillard's, Macy's, Macy's Home & Raymondville Children’s Store, JCPenney, Sears Lasara WILLACY, TX 2. Las Tiendas Shopping Center STARR, TX Hargill 3. Palms Crossing 69C Bealls, Barnes & Noble, DSW, Sports Lyford Authority, Babies “R” Us, Cavender's Faysville Boot City, Best Buy, ULTA Beauty, HIDALGO, TX 69E Elias-Fela Solis Chuck E. Cheese’s, Guitar Center, 15 MI Monte Alto Hobby Lobby 77 4. Rio Grande Valley PremiumSanta Moni cOutletsa Eugenio Saenz Doolittle Zapata Ranch Edinburg Sebastian 5. The Shops at Rio Grande Valley El Socio JCPenney Citrus City Zarate Yznaga 6. Sunrise Mall 10 MI Cesar Chavez La Blanca Dillard's, JCPenney, Sears, Bealls Rafael Pena Elsa Alton 107 San Carlos Edcouch La Villa 7. Valle Vista Mall Quesada Dong Laguna Seca Dillard's, JCPenney, Sears, West Sharyland Tierra Bonita La Grulla Murillo Forever 21, Big Lots Cuevitas Palmhurst 5 MI 5 Muniz Santa Rosa CAMERON, TX Havana Penitas Combes Lopezville Grand Acres Los Ebanos Perezvi2lle Rio Hondo Palmview McAllen Olivarez Primera Mila Doce Abram Palmview South 83 BUS North Alamo Indian Hills Arroyo Garden Mission 3 2 Ratamosa Juarez 83 Midway North Lozano 1 BUS Heidelberg 2 7 Arroyo Colorado Estates La Feria North Alamo Donna 4 Harlingen Mercedes Pharr Midway South South Alamo 374 Granjeno Bixby Scissors Villa Verde 77 Green Valley Farms La Feria Laure El Camino Angosto69E Hidalgo Rangerville Progreso Lago Indian Lake Relampago 281 Santa Maria Progreso Lakes La Paloma Los Indios Rancho Viejo 30 Olmito N MEXICO San Pedro 0 4 8 miles 6 LOCATION & ACCESS La Plaza Mall is located at the intersection of Interstate 2 and 10th Street in McAllen, Texas. — Interstate 2 is the main commercial corridor running east and west through McAllen, and 10th Street is one of the most traveled north- south connectors in the city. — La Plaza Mall is in close proximity to 23rd Street (SR 115). — SR 115 is the primary border crossing with Mexico. — Three nearby international bridges carry tens of thousands of vehicles into La Plaza Mall’s trade area every day. 7 AERIAL VIEW I-2 Sears SAVANNAH AVE. Macy's Home & Children’s Store Macy's S. BICENTENNIAL BLVD. UVALDE AVE. SR 336 / S. 10thST. S. SR336/ Dillard's LA PLAZA MALL JCPenney WICHITA AVE. McAllen-Miller International Airport N SITE PLAN ass p 83 Over n REDEVELOPMENT KEY 42 14 Mai 5 6 15 h t 16 16 16 16 13 11 6 4 3 4 5 6 12 13 13 14 Proposed Department Store Expansions ou S Proposed Jr. Anchors 282 PATIO FAST PATIO CASUAL RESTAURANT 4 19 RESTAURANT Proposed New Retail 37 37 37 37 37 14 FAST CASUAL LEVEL 01 = 1 LEVEL 02 = 1 TOTAL = 20,0000,000 0,000 SF SF SF LEVEL 01 = 14,335 SF 9 DOCK LEVEL 02 = 5,665 SF Proposed Restaurants TRUCK TOTAL = 20,000 SF Proposed Fast Casual S/C NEW SHOPS 23 Proposed Multi-Level Parking Decks 21 TOYS “R” US NEW SHOPS 17 5 7 549 14 18 18 18 18 18 18 18 18 t 50 e NEW SHOPS e r 192 t 15 S 19 19 19 19 h S/C t 1 NEW SHOPS 1 24 8 9 h 22 22 22 22 22 22 22 22 t Savannah Ave. u 23 o 8 S S/C MACY'S TRACT 28 28 T 475 n 10 i 32 10 18 60' a 4 (Fld Typ) M 10 SHOPS SHOPS h 10 t CK O u MACY’S 8 8 8 8 8 8 8 8 D TRUCK o 10 45' S 10 90' 2-LEVEL 9 10 25' . t els 9 ' v 5 ' EXPANSION 9 3 wned S MACY’S HOME & 1 8 2 le O 1 h 10 t AREA 10 6 CHILDREN’S STORE SHOPS 1 135' S/C . 10 Toronto Ave. T S 10 C / PYLON 9 PYLON ' 272' S 3 SIGN FOOD UP SIGN 4 10 CK DN 51 COURT O D 10 TRUCK 13 30' C / 27 8 22 22 20 SHOPS 40' 10 S 312 39' SHOPS 7 27 8 8 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 12 11 7 30' ' BRIDGE TO 27 0 2 1 7 ' 42' 60' C MACY'S / els S 323 332 (Fld Typ) LINE OF v 2nd LEVEL 27 PROPOSED EAST wned ) 2 le 2nd LEVEL O p 27 y ' T 2 MULTI-LEVEL 6 6 MACY'S TRACT d l S/C F ( CK SHOPS 27 ' ' O ' valde Street 0 4 D 3 TRUCK 3 PARKING DECK 35 27 U 1 MACY’S ' 7 58' 8 4 2 14 128.00' 393' 272' 15 13 SHOPS ) PBA 15 4,000 S.F. yp ' 0 T 12 DILLARD’S6 9 5 36 Bicen (Fld 80' ' els DILLARD’S ' 0 v 9 5 4 26 5 8 ' ' wned 2 4 8 2 le FUTURE O 25 2-LEVEL 25 141 15 BRIDGE TO ' 3 DILLARD'S 5 15 SHOPS tenn PYLON EXPANSION SIGN SHOPS 9 5 BRIDGE TO 30 DILLARD'S PARCEL 10 9 5 2nd LEVEL T T AREA 451' 7 9 ial Blvd CK 13 O T T D 7 TRUCK ' S/C ' 0 BANAMEX USA T T 3 26 SHOPS C / 6,241 SF ELEV. 8 ELEV. ELEV. STAIRS STAIRS STAIRS S 30' 10 19 9 ' SHOPS 7 3 25 196 18 7 30' C / 25 8 18 S 8 60' 12 27 t PROPOSED SOUTH 18 S/C e (Fld Typ) ) 723 T 27 18 8 e yp r ' 511' T 0 t MULTI-LEVEL 6 27 8 19 S 20 20 20 20 20 20 (Fld 27 19 Lease 8 PARKING DECK h 24 24 1 levels t 323 20 8 16 0 26 16 10 20 15 1 ' 29 29 29 29 29 29 16 2 27 6 2 & h Y t G 22 ' STAIRS 14 OP 7 30' ADING u ) 4 DIN O EV.
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