CHARLOTTE 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

CHARLOTTE PREMIUM OUTLETS®

JOINT VENTURE WITH TANGER OUTLETS

CHARLOTTE, NC MAJOR METROPOLITAN AREAS

SELECT TENANTS

Charlotte: Winston Salem: RETAIL

Saks Fifth Avenue OFF 5TH, American Eagle Outfitters, Banana Republic Factory Store, Brooks Brothers Factory Store, Coach Factory Store, Gap Factory Store, kate spade new york, LOFT Outlet, Michael Kors Outlet, NikeFactoryStore, Old Navy Outlet, Under Armour Factory House

GLA (sq. ft.) 400,000; 100 stores

TOURISM / TRAFFIC

OPENING DATES

The Charlotte metro area attracts over 18 million visitors annually. Travel expenditures by Charlotte visitors total over $4 billion annually, and air traffic at Charlotte/Douglas International Airport makes it the sixth busiest airport in the U.S. There are over 30,000 hotel rooms in Charlotte and 40% of travelers to Charlotte have annual household incomes of $80,000 and higher.

8 miles 80 miles

Opened July 31, 2014 PARKING RATIO 5.5:1

MAJOR ATTRACTIONS RADIUS POPULATION 15 mile population: 30 mile population: 45 mile population:

1,039,037 2,021,022 2,637,397

Area attractions include the NASCAR Hall of Fame, the EpiCentre, The Discovery Place Museum, Carolinas Aviation Museum, Daniel Stowe Botanical Garden, Carowinds Amusement Park and the Belk Theater. LOCATION / DIRECTIONS

AVERAGE HH INCOME 30 mile average:

Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).

$76,717

Located southeast of Charlotte Center City at the interchange of I-485 and Steele Creek Rd. (SR 160) between I-85 & I-77, the two major thoroughfares for the city.

Gastonia

85

NC

Charlotte Charlotte/ Douglas Int’l Airport

SC

77

CHARLOTTE PREMIUM OUTLETS CHARLOTTE, NC

SITE AND PLAN

I-485

. N RD PTO SHO

NEW

Y N WA O I H FAS

. LVD B S LET OUT

NEW DIXIE RIVER RD.

NORTH

77 O IHT T U SO NORTH TO I-85

I-485

EXI T4

LE

SHOP TON RD.

EE

ST D.

KR

EE

FUTURE DEVELOPMENT NE W

N

CR

FUTURE DEVELOPMENT

DIX IE R IVE RR D.

ale

SURROUNDING AREA CENTERS Thomasville Stony Point

Cajah's Mountain Bethlehem

Sawmills Lenoir Glen Alpine

Drexel

Morganton

Hickory

Connelly Springs Long View

St Stephens

18

Claremont

Catawba

SURROUNDING AREA CENTERS 85

14 14

Troutman

Mountain View

Lexington

Tyro

Cleveland

Brookford 17

Salem

Cooleemee

15 15 Statesville

As

East Spencer

Salisbury

Newton

Southmont

77

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

Denton Granite Quarry

Lake Norman of Catawba

Faith Mooresville

Maiden Denver

Casar Lincolnton

Bostic

Forest City

Lattimore Caroleen Henrietta

Dallas

Bessemer City

74

6

Kings Mountain 6 Shelby

Boiling Springs

Gastonia

Patterson Springs

Ranlo

601Locust

Cramerton

1

Grover

8 8

Clover

East Gaffney

5

Smyrna

15 MILES

Cowpens Converse

Hickory Grove

York

321

Sharon

Glendale

Pineville 5

Tega Cay Riverview

Aquadale

Mount Gilead

52

Mint Hill Fairview Matthews Ansonville

12 12 16 Weddington 17 3 3

Lake Park

Marvin

Newport Rock Hill

Oakboro

485

16 11 11

Lake Wylie

Albemarle

Red Cross

Stanfield

Midland Charlotte

Blacksburg

Millingport

Harrisburg

18 McAdenville 19

Chesnee

Mayo

Concord

77

485 Mount Holly

Earl

85

New London Badin

10 10

Stanley

Ellenboro

4 4

Huntersville

High Shoals

Waco

Kingstown

Kannapolis

2 2

Lowesville

Polkville Lawndale Dellview

Misenheimer

Cornelius Iron Station

Rockwell

Enochville

Davidson

Westport Belwood

China Grove Landis

Unionville

9

Monroe 9

Wingate Marshville

Peachland Wadesboro

13 13

Liles

Mineral Springs

Central Pacolet

30 MILES

Lesslie

McConnells

Morve

Jaars

Jonesville Lockhart

McF

Lowrys Pageland

Mount Croghan Ruby

Buffalo

Monarch Mill

45 MILES

Cross Anchor

Gayle Mill

Richburg

77 Carlisle

Lancaster Fort Lawn

21

Irwin

521 Elgin Jefferson

Heath Springs Great Falls

Patrick Kershaw

Whitmire

Chesterfield

■ Simon Center ■ Competition Charlotte Premium Outlets® Birkdale Village Blakeney Shopping Center Carolina Mall Carolina Place Mall Cleveland Mall Concord Mills Gaffney Premium Outlets Monroe Crossing Northlake Mall Phillips Place Promenade on Providence Rock Hill Galleria Salisbury Mall Signal Hill Mall SouthPark Stonecrest at Piper Glenn Valley Hills Mall Westfield Eastridge

OTHER RETAIL

SHOPPING CENTERS

GROSS LEASABLE AREA

ANCHORS

DISTANCE / DRIVE-TIME

Carolina Place Mall Pineville, NC

1,300,000 sf

Belk, Dillard’s, JCPenney, Macy’s, Sears

9 miles / 23 minutes

SouthPark Charlotte, NC

1,681,000 sf

Neiman Marcus, Nordstrom, Belk, Dillard’s, Macy’s

11 miles / 17 minutes

Eastridge Shopping Place Gastonia, NC

876,000 sf

Belk, Dillard’s, JCPenney, Sears

16 miles / 20 minutes

Northlake Mall Charlotte, NC

1,071,000 sf

Dick’s Sporting Goods, Dillard’s, Macy’s, Pottery Barn

17 miles / 19 minutes

OUTLET SHOPPING

GROSS LEASABLE AREA

ANCHORS

DISTANCE / DRIVE-TIME

Concord Mills ® Concord, NC

1,344,000 sf

Saks Fifth Avenue OFF 5TH

25 miles / 28 minutes

Gaffney Premium Outlets® Gaffney, SC

360,000 sf

53 miles / 52 minutes

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).