TWIN CITIES 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 TWIN CITIES PREMIUM OUTLETS® JOINT VENTURE WITH PARAGON OUTLETS EAGAN, MN 35W 52 35E MAJOR METROPOLITAN AREAS SELECT TENANTS 94 694 Minneapolis: 10 miles adidas, Ann Taylor Factory Store, Armani Outlet, Banana Republic 494 35W St. Paul: 10 miles Factory Store, Coach Factory Store, Cole Haan Outlet, Express Factory Minneapolis 35E Outlet, Fossil, Gap Factory Store, J.Crew Factory, Lucky Brand Outlet, 394 St. Paul 71 12 494 RETAIL Michael Kors Outlet, Movado Company Store, NikeFactoryStore, Polo Ralph Lauren Factory Store, Tommy Hilfiger Company Store, True 494 494 GLA (sq. ft.) 409,000; 100 stores Religion, Under Armour Factory House, Vera Bradley 35W 35E TOURISM / TRAFFIC OPENING DATES Eagan 52 Opened August 2014 The City of Eagan is a growing suburb located southwest of the Greater Minneapolis-St. Paul (MSP) metro area. The MSP metro area is home to more than 3.2 million people. With a GMP of nearly $200 billion, PARKING RATIO MSP is the 13th largest metropolitan economy in the U.S. and 44th in 5.5:1 the world. The greater MSP area is home to 19 Fortune 500 companies TWIN CITIES and seven of Forbes’ largest private firms. It is also an important PREMIUM OUTLETS center for manufacturing, retail, bioscience and medical technology, EAGAN, MN RADIUS POPULATION pharmaceuticals, and health care. 15 mile population: 1,589,017 30 mile population: 2,907,046 Eagan is only 10 miles from both Minneapolis and St. Paul. Traffic counts 45 mile population: 3,386,757 by the site are approximately 125,000 VPD. In 2008, MSP had 17.9 million visitors and was selected as one of Frommer’s top international destinations. Locals and visitors will travel by the site on the way to many AVERAGE HH INCOME of Minnesota’s attractions. The MSP International Airport is only minutes away and serves more than 33 million passengers annually. 30 mile average: $85,161 LOCATION / DIRECTIONS Intersection of Highway 13 and Highway 77 (Cedar Avenue) in Eagan, Minnesota. Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014). SITE AND PLAN RAHN RD. CEDARVALE BLVD. SR 13 / SIBLEY MEMORIAL HWY. Exit to SR 77 / CEDAR AVE. NICHOLS RD. EAGAN OUTLETS PKWY. CEDAR GROVE PKWY. NORT H TO CEDAR GROVE PKWY. GROVE CEDAR TO NICHOLS RD. NICHOLS Cedarvale Dr. Cedarvale 61'-8" PUMA UNDER ARMOUR UNDER 4975 8502 125 100 78'-2" BURTON TILLY'S 3564 5068 110 115 31'-9" 28'-2" 40'-4" 38'-8" 31'-7" 45'-6" 31'-9" 13'-3" 48'-9" 66'-8" 40'-7" 18'-8" 200 152'-11" NIKE 25'-8" 18' 30'-1" 28'-9" 500 44'-11" 17082 38'-3" LIDS SAUCONY ADIDAS 23'-7" MERRELL 1000 2059 1475 405 400 CONVERSE 300 38'-3" 3517 5001 310 410 OAKLEY 25'-1" 23'-8" 510 42'-5" 2597 REEBOK 5000 415 34'-8" 320 36'-3" 515 25'-5" CROCS LIDS LOCKER ROOM 2126 SKECHERS 1954 3627 210 39' VAN HEUSEN 4008 21'-9" 420 HOT TOPIC 49'-1" 520 1736 24'-5" 215 25'-11" 423 KITCHEN COLLECTION MAURICES 70'-7" 425 330 5086 ROBERT WAYNE STORAGE 2502 298 DRESS BARN 2131 7149 44'-5" 225 525 30'-4" JUSTICE JOCKEY 4348 54' 430 3000 FAMOUS FOOTWEAR 5000 44'-2" 332 24'-6" 530 34'-4" 230 BASS NEW YORK & CO. CRAZY 8 4500 3274 2274 20'-7" 235 540 43'-3" 20' 435 STRIDE RITE 333 27'-7" LINDT PAC SUN 2119 1069 TORRID 4000 2783 48'-11" 240 CHILDREN'S PLACE ELEC. 335 5026 CHRISTOPHER & BANKS 45' 60'-4" 440 4056 101'-10" LOFT 545 20' 243 5468 GAP YANKEE CANDLE HWY. MEMORIAL SIBLEY / 13 SR 337 11500 27'-5" 1507 GYMBOREE 2560 30'-8" 244 26'-8" 445 CARTERS SIGNATURE PERFUME 340 18'-9" 1373 GOLD TOE 3695 27'-8" 21'-11" 1145 245 450 345 20'-2" SGH OSHKOSH B'GOSH SKAGEN 2836 1117 1107 BLVD. CEDARVALE SUBWAY CHICKEN NOW CHICKEN CHINA MAX CHINA SBARRO 123 SUSHI 123 FC3 FC4 FC1 FC5 FC2 605 605 649 550 638 603 24' 452 82'-7" EAGAN OUTLETS PKWY. OUTLETS EAGAN 33'-3" TOMMY HILFIGER 30' SWAROVSKI 350 250 8500 BATH & BODY WORKS 1005 JANIE & JACK 1405 3079 19'-10" 19'-10" 19'-10" 20'-10" 28'-11" 455 21'-2" 355 20'-8" STARBUCKS 29' 255 1251 CRABTREE & EVELYN 892 WILSON'S LEATHER 17'-3" 102'-7" 3496 39'-4" 460 360 KAY JEWELERS WATCH STA. 30' 1699 1436 52'-1" 600 22' 43'-3" BROOKS BROS. 6504 605 71' COACH 38'-5" 7998 21'-3" 20'-10" 102'-7" HELZBERG 2200 20'-3" 890 CLAIRE'S 57'-4" 1217 20' SOLSTICE 880 22' 1194 875 PERFUMANIA 1160 38'-8" RESERVED 872 1826 870 MOVADO 1257 865 30' M. KORS M. 3197 58'-4" 610 860 J. CREW 6561 35' 895 1000 UGG 35'-10" POLO RALPH LAUREN 3505 15000 145'-3" 850 W.H.B.M. 60'-6" 2831 35'-3" 615 CALVIN KLEIN 80'-11" 840 7062 900 NINE WEST BANANA REPUBLIC 2199 21'-8" 7505 835 24'-5" LUCKY BRAND JEANS 710 FILSON 3050 30' 2514 1015 26'-3" 715 ANN TAYLOR 37'-5" 910 830 56'-8" JOHNSTON & MURPHY 5500 COLE HAAN PENDLETON 2699 28'-11" 3460 3050 30' 720 19'-9" 825 CHICO'S 1020 920 BEBE 2999 PERRY ELLIS COSMETIC CO. 3481 28'-4" 28'-1" 2798 1817 35' 725 34'-1" 930 ASICS FOSSIL 820 2944 1030 3151 BCBG 38'-11" EDDIE BAUER 3024 33'-9" 26'-2" 730 6000 TALBOTS 58' 935 817 CALPHALON TRUE RELIGION 4007 2415 2200 21'-8" 25'-5" 25' 940 815 735 1035 SAMSONITE 7 FOR ALL MANKIND LUCY HAGGAR 2074 3005 29'-7" 2426 2981 27'-7" 21'-8" 29' 814 945 THEORY 737 AUNTIE ANNE'S VINCE 2163 21'-9" 767 24'-4" 2846 30'-8" 38'-1" 740 ELIE TAHARI 1040 810 EXPRESS 6716 DESTINATION MATERNITY 24'-4" 2500 29'-6" A.E.O. 950 742 9001 CREUSET LE 1506 1899 ST JOHN 960 GUCCI 5100 24'-4" 2500 38'-3" 800 745 30'-4" DVF 17'-7" 40'-7" 2501 76'-8" 71'-8" 750 38'-3" 40'-7" 31'-7" ARMANI OUTLET 25'-1" 4500 75'-1" 50'-7" 38'-3" 31'-7" 12330 OLD NAVY OLD 86'-5" 1110 207'-6" 40'-4" 27914 SAKS OFF FIFTH OFF SAKS 1100 RAHN RD. RAHN SURROUNDING AREA CENTERS Sartell on Sauk Rapids Harris St Cloud Luck St Joseph Princeton Cambridge Waite Park Milltown Cumberland SURROUNDING AREA CENTERS North Branch Isanti Cold Spring Balsam Lake Simon Centers St Augusta Clear Lake Zimmerman Centuria Almena Competition Clearwater St Francis Taylors Falls Turtle Lake Stacy Center City St Croix Falls Bethel Becker Martin Lake Lindstrom Dresser East Bethel 1 Twin Cities Premium Outlets® Big Lake Wyoming Fairhaven Nowthen Oak Grove Chisago City Osceola Clayton 2 Albertville Premium Outlets Watkins Kimball Silver Creek Elk River Monticello South Haven Amery 3 Burnsville Center Columbus Otsego Ramsey Annandale 2 Andover Ham Lake Forest Lake Scandia 4 Eden Prairie Center 2 Dayton Maple Lake Albertville Prairie F 5 Galleria St Michael Anoka Kingston 12 Marine on St Croix Star Prairie Rogers 12 Hugo 6 Gaviidae Common Champlin Deer Park Blaine Centerville Hanover Coon Rapids 7 Mall of America Lexington 10 Somerset New Richmond Corcoran Osseo Spring Lake Park North Oaks 8 Maplewood Mall Dellwood Darwin Rockford 14 Grant Dassel Cokato Waverly 14 Fridley Shoreview Emerald 9 Medford Outlet Center Howard Lake Medina Stillwater Glenwood City Loretto Hilltop White Bear Lake Oak Park Heights 10 Northtown Mall Delano Plymouth New Hope Pine Springs Downing St Anthony 8 Maple Plain 13 North8 St Paul Bayport 11 Ridgedale Center Medicine Lake Lauderdale13 Oakdale Lake Elmo Hudson 12 Riverdale Village Long Lake Golden Valley Minneapolis6 Lakeland Winsted Watertown 1111 1515 6 Roberts Baldwin Wilson Shorewood St Louis Park Landfall Lakeland Shores Knapp Spring Park St Paul 1717 Woodville 13 Rosedale Center Minnetrista Hopkins Silver Lake St Bonifacius Greenwood Lilydale Woodbury St Marys Point 14 The Shoppes at Arbor Lakess Edina Afton Hutchinson Mayer Excelsior 16 Mendota River Falls M Lester Prairie 165 Newport 15 The Shops at West End Victoria Chanhassen Spring Valley 4 5 7 Waconia 4 St Paul Park 16 Southdale Center Biscay Eden Prairie Bloomington Chaska Inver Grove Heights 1 Eagan 17 Woodbury Lakes Burnsville Elmwood Glencoe Plato Cologne Cottage Grove D Shakopee Savage Carver Apple ValleyRosemount Hastings 3 Ellsworth t Brownton Hamburg Prior Lake 3 Coates15 MILES Lakeville New Auburn Green Isle Vermillion Jordan Farmington Plum City Hampton Arkansaw Belle Plaine Miesville Arlington New Trier Red Wing Bay City Elko New Market 30 MILES Gaylord Maiden Rock Winthrop New Prague Henderson Randolph Cannon Falls Frontenac Stockholm Heidelberg Lonsdale Lake City Le Sueur Lafayette Montgomery Pepin Dundas 45 MILES Nelson Dennison Goodhue Le Center Bellechester Wabasha Nerstrand St Peter Cleveland Ulm Kilkenny Faribault Wanamingo Kellogg Kasota Mazeppa Zumbro Falls Nicollet Kenyon Zumbrota Courtland Warsaw Mankato Millville earles Waterville Morristown Hammond Madison Lake Elysian North Mankato Pine Island Medford9 Eagle Lake Plainview West Concord Oronoco Skyline Janesville Elgin Lake Crystal Owatonna Elba St Clair Waseca Mantorville A Madelia Garden City Claremont Byron OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA