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Rio Grande Valley Premium Outlets® the Simon Experience — Where Brands & Communities Come Together

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Rio Grande Valley Premium Outlets® the Simon Experience — Where Brands & Communities Come Together RIO GRANDE VALLEY PREMIUM OUTLETS® 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 RIO GRANDE VALLEY PREMIUM OUTLETS® MERCEDES, TX MAJOR METROPOLITAN AREAS SELECT TENANTS McAllen: 20 miles west Saks Fifth Avenue OFF 5TH, adidas, Aéropostale Outlet, American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, RIO GRANDE VALLEY Reynosa, Mexico: 30 miles south 77PREMIUM OUTLETS BCBGMAXAZRIA, Burberry, Calvin Klein Company Store, Coach, The 281 Monterrey, Mexico: 150 miles southwest MERCEDES, TX Converse Outlet Store, Crocs, DKNY Company Store, Forever 21, Gap TEXAS Outlet, GUESS Factory Store, Gymboree Outlet, HUGO BOSS Factory Edinburg RETAIL McAllen Store, Kenneth Cole Company Store, Kipling, LACOSTE Outlet, New Mission York & Company, NikeFactory Store, Polo Ralph Lauren Factory Store, 83 Harlingen GLA (sq. ft.) 604,000; 140 stores Mercedes Puma, Robert Graham, Tommy Hilfiger Company Store, True Religion Reynosa 83 281 OPENING DATES 40 Rio Bravo 77 TOURISM / TRAFFIC Opened November 2006 Brownsville Expanded 2008, 2012 Located in the McAllen-Edinburg-Mission metro market, one of the 97 MEXICO fastest growing U.S. areas. The center is in the Rio Grande Valley at the 101 southern tip of Texas, bordered on the east by the Gulf of Mexico, on Monterrey RADIUS POPULATION the south by the Rio Grande, which forms the international U.S./Mexico 15 mile population: 325,472 border, and on the west and north by Texas ranching counties. 30 mile population: 1,077,035 45 mile population: 1,263,294 With 13 ports of entry to Mexico along the international border, the (U.S. only) region is a major distribution center. Tourism is one of the main staples of the economy. Many “Winter Texans” come to the region from September AVERAGE HH INCOME through April. Visitors and day trippers from Mexico are frequent area visitors and shoppers. Monterrey is within a two- to three-hour drive with 30 mile average: $53,504 over three million residents, some of whom are Mexico’s most affluent. (U.S. only) Over two million tourists frequent the area annually. Over 43 million people cross the area’s Mexican borders annually. Retail sales in the Valley total over $10 billion annually. Vehicle travel on US Expressway 83 and Highway 1425 is over 60,000 daily. LOCATION / DIRECTIONS US Expressway 83 & Highway 1425 at Mile 1-1/2 East Rd., Mercedes, TX. — Taking Expressway 83E: Exit at Mile 2 E. Road Information accurate as of 12/1/15. Sources: SPG Research; trade area — Taking Expressway 83W: Exit at Mile 1 E. Road demographic information per Pitney Bowes MapInfo (2014). SITE AND PLAN HARLINGEN US 83 EXPY. McALLEN NORTH TO HARLINGEN US 83 EXPY. TO McALLEN SURROUNDING AREA CENTERS Encino SURROUNDING AREA CENTERS Simon Centers Competition San Isidro Delmita ® Santa Anna 1 Rio Grande Premium Outlets 2 La Plaza Mall 3 Palms Crossing Linn 4 Sunrise Mall 5 Valle Vista Mall Los Angeles San Perlita Raymondville El Brazil Lasara La Carla Hargill Netos Lyford as Faysville El Mesquite Elias-Fela Solis Monte Alto Edinburg Santa Monica Santa Cruz Eugenio Saenz Doolittle Zapata Ranch Olivia Lopez de Gutierrez Citrus City La Blanca Yznaga Garciasville Cesar Chavez Rafael Pena Alton Elsa La Villa Quesada San Carlos Edcouch Havana West Sharyland Tierra Bonita La Grulla Cuevitas Muniz Lasana Perezville Lopezville Olivarez Grand Acres Los Ebanos McAllen Primera Rio Hondo Palmview South North Alamo Mila Doce Las Palmas II Arroyo Gardens Ratamosa Juarez 3 Alamo Midway North Lozano La Tina Ranch Mission 2 La Feria North 4 Villa del Sol 2Pharr San Juan 5 Midway South 1 Bayview Granjeno Villa Verde Mercedes Green Valley Farms South Padre Island Scissors La Feria El Camino Angosto Laureles Hidalgo Progreso Laguna Vista Rangerville Lago Laguna Heights Santa Maria Relampago La Paloma Chula Vista Bluetown Los Indios Del Mar Heights Port Isabel Olmito Brownsville San Pedro 15 MILES Cameron Park 34 Reid Hope King Villa Pancho South Point 30 MILES 45 MILES OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Valle Vista Mall 651,000 sf Dillard’s, JCPenney, Sears 12 miles / 18 minutes Harlingen, TX La Plaza Mall Dillard’s, Macy’s, JCPenney, Joe Brand, 1,221,000 sf 23 miles / 30 minutes McAllen, TX Sears Sunrise Mall 845,000 sf Bealls, Dillard’s, JCPenney, Sears 30 miles / 40 minutes Brownsville, TX 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)..
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