EDINA (), REDEFINING THE SHOPPING EXPERIENCE

Southdale Center, the nation’s first regional indoor , has recently completed a comprehensive, state-of-the art center transformation with stunning architectural details and innovative customer amenities ultimately redefining the shopping, dining, and hospitality experience in Edina, Minnesota. The center offers a carefully curated mix of shopping, dining, and entertainment options including notable names such as: Apple, J.Crew, The Cheesecake Factory, P.F. Chang’s, Macy’s, Lakeshore Grill, and Rojo Mexican Grill. Entertainment options such as AMC 16 Theatres and Dave & Buster’s give shoppers even more reasons to gather and extend their stay at Southdale Center. WHAT’S NEW AT SOUTHDALE

Southdale Center is continuously evolving and leads the movement in the new era of real estate. Recent additions include: — Two new legacy tenants – Restoration Hardware and Shake Shack – opening along France Avenue between 66th Street and 69th Street. — Repositioning and expanding the Dining Pavilion. — A new 146-room hotel on the northeast corner of the property, along with office space and premier fitness and health options. — Newly developed One Southdale Place boasts 232 luxury apartments on the southeast corner of the property. BY THE NUMBERS

Anchored by Four Department Stores Macy’s, Herberger’s, JCPenney, Gordmans Square Footage Southdale Center spans 1,297,000 square feet. Four Levels Boasting more than 120 stores. Restaurants Eight quick-service eateries. Eight full-service restaurants. Entertainment AMC 16 Theatres and Dave & Buster’s. IN GOOD COMPANY

Distinctive. Chic. Diverse.

Many fine brands have chosen Southdale Center as their preferred location in the Edina area of Minneapolis, Minnesota. ——Banana Republic ——California Closets ——Delve Blu ——H&M ——Madewell ——Picadilly Prairie ——Sephora INDULGENT DINING AND ENTERTAINMENT

Southdale Center boasts an amazing array of restaurants, amenities, and entertainment options and continues to be the premier destination for dining and entertainment.

—— Southdale features a combination of sophisticated local and national restaurants. Recently, local restaurateurs opened Z Italiano, a new full-service Italian restaurant. —— Additional full-service restaurants include: Buffalo Wild Wings, The Cheesecake Factory, P.F. Chang’s, DeLeo Bros. Pizza, Macy’s Lakeshore Grill, Rojo Mexican Grill, and Ruby Tuesday. —— In the Dining Pavilion, shoppers enjoy quick bites from Qdoba Mexican Grill, Smashburger, Great Steak & Potato, and Subway. —— Dave & Buster’s is the newest dining and entertainment venue complementing the AMC 16 Theatres. A THRIVING COMMUNITY

Southdale Center serves an established, affluent, and densely populated area of Minneapolis that includes Edina, Bloomington, St. Louis Park, Lake Harriet, and Lake Calhoun.

—— The affluent community surrounding the center has seen significant growth in new residential and commercial developments. Within a three-block radius of the center, more than five new residential developments have come online. —— The surrounding area has a high daytime population of almost 1,000,000 including business and medical professionals. —— Minneapolis has an active sports community and is home to five professional teams: (NFL), Minnesota Wild (NHL), (MLB), Minnesota Timberwolves (NBA), and (WNBA). The NFL team has a new stadium. A PRESTIGIOUS ADDRESS

Edina is the most exclusive city in the Minneapolis- St. Paul MSA. The highly sought-after, upscale suburb includes the affluent community immediately surrounding the center and continues to expand with dense residential and daytime population.

Southdale Center is easily accessible and is just minutes from downtown Minneapolis and a short drive from St. Paul. THE BUSINESS OF BUSINESS

Southdale Center benefits from the prosperous business and medical community in Edina and surrounding areas.

—— Southdale Hospital is adjacent to Southdale Center and employs a full- and part-time faculty of more than 2,300 professionals. Within the center’s trade area, the daytime workforce population is more than 977,000, including more than 12,000 medical professionals. —— Adjacent to the center is the new Westin Hotel which has 225 guest rooms and high-rise condominiums. —— Newly developed One Southdale Place boasts 232 luxury apartments on the southeast corner of the property. —— The newly created Explore Edina Visitors Bureau targets the Twin Cities’ strong tourist market to attract more retail business to Edina’s exceptional shopping districts. —— Minnesota’s unemployment rate is one of the lowest in the country (3.7%) and the state continues to have a thriving economy. POSITIONED TO SUCCEED

Southdale Center is conveniently located in Edina, Minnesota, with easy access from the nearby affluent communities and the larger Twin Cities.

—— The center is located along the well-known France Avenue shopping district between I-494 and the Crosstown Highway. —— Average Household Income within a 3-mile radius of the center is $110,000. —— Edina was ranked #15 of Best Places To Live by Time Magazine in 2015

Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016). Mounds View North Oaks Dellwood Rockford 10 Fridley Grant 694 Arden Hills Medina White Bear Lake Brooklyn Center New Brighton Gem Lake Birchwood Village Loretto Hilltop Willernie

New Hope Crystal 6 Pine Springs St Anthony Robbinsdale Little Independence Plymouth 8 Roseville North St Paul Maple Plain TRADE AREA BOUNDARY 94 Medicine Lake Lauderdale Golden Valley Oakdale Falcon Heights Long Lake 694 394 Minneapolis Wayzata 7 9 Maplewood Orono Shorewood St Louis Park Landfall

St Paul Spring Park Minnetonka Beach Minnetrista Mound Minnetonka Deephaven Hopkins 35W Tonka Bay Greenwood 494 Lilydale Woodbury Excelsior West St Paul Edina

Mendota 1 35E South St Paul 4 Richeld Sunsh Lake Newport

Victoria Chanhassen 494 3 5

Eden Prairie

St Paul Park Inver Grove Heights Bloomington 11 Eagan Chaska Cottage Grove

Burnsville N Shakopee 0 5 Savage Carver Apple Valley MILES Rosemount 2

Prior Lake

Coates 1 Southdale Center 5 9 The Shops at West End TRADE AREA & COMPETITION 2 6 10 The Shoppes at Simon Centers 3 7 11 Twin Cities Premium Outlets Competition 4 Galleria 8 SR 62 / CROSSTOWN HWY.

W. 66TH ST.

JCPENNEY MACY'S YORK AVE. S.

HERBERGER’S FRANCE AVE. S.

ROJO MEXICAN GRILL

JUUT AMC THEATRES P.F. CHANG’S ONE SOUTHDALE PLACE SOUTHDALE CENTER THE CHEESECAKE 232 LUXURY APARTMENTS FACTORY

W. 69TH ST.

THE WESTIN N 225 GUEST ROOMS & CONDOS

AERIAL OVERVIEW KEY DEPARTMENT STORES FRANCE AVE. S. RESTAURANTS RETAIL THEATER RESIDENTIAL

DAVE & BUSTERS LEVEL III MACY’S

AMC THEATRES W. 69TH ST. 69TH W.

THE CHEESECAKE FACTORY W. 66TH ST. 66TH W. P.F. CHANG’S JUUT ROJO MEXICAN GRILL HERBERGER’S JCPENNEY

ONE SOUTHDALE PLACE 232 LUXURY APARTMENTS

YORK AVE. S. N

SITE PLAN UNIQUE OPPORTUNITY

Southdale Center presents a unique opportunity for your brand.

Please contact the following leasing professional for more information.

Allison Campbell (817) 685-3018 [email protected] 225 West Washington Street , IN 46204 (317) 636-1600 simon.com

Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (, NYSE:SPG).