CLARKSBURG 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

CLARKSBURG PREMIUM OUTLETS®

JOINT VENTURE WITH NEW ENGLAND DEVELOPMENT

CLARKSBURG, MD MAJOR METROPOLITAN AREAS

TOURISM / TRAFFIC

Baltimore: Washington, D.C.:

Clarksburg is located in the very affluent and densely populated Washington, D.C. suburbs of Montgomery County, MD. Montgomery County has a population of over one million people, and is the 10th wealthiest county in the U.S. It is the second wealthiest county in the U.S. of counties with over one million people. Additionally, the site is within 30 miles of four of the top ten wealthiest counties in the U.S. (Montgomery, Howard, Loudoun and Fairfax). Montgomery County borders the nation’s capital of Washington, D.C., which had approximately 19 million tourists in 2013.

47 miles 34 miles

RETAIL Phase I: GLA (sq. ft.) 400,000; 100 stores OPENING DATES Opening 2016 RADIUS POPULATION 15 mile population: 30 mile population: 45 mile population:

702,270 4,246,203 8,013,661

AVERAGE HH INCOME 30 mile population:

$111,817

The site is located on the I-270 Technology Corridor (a 12-lane highway), a hub for federal government agencies such as National Institute of Health, National Cancer Institute, National Institute for Standards and Technology, Department of Energy and Department of Health and Human Services. Maryland’s I-270 Technology Corridor hosts 300,000 workers and 18,000 information and biotechnology businesses and is one of the largest high-tech and biotech business hubs in the world. Companies such as Lockheed Martin, Human Genome Sciences, Digene, Medimune, Ciena Corporation, Johns Hopkins University Applied Physics Laboratory and GeneLogic are based here, as well as other Fortune 500 companies such as Marriott International, Host Hotels and Coventry Health Care. In a 30-mile radius of the site, the average household income is $111,817, with over 36% of the households earning over $150,000. There are eight million people within 45 miles. In addition to being in the Washington, D.C. metro area, the site is within an hour’s drive of Baltimore. LOCATION / DIRECTIONS Exit 18 on Interstate 270, in the southwest quadrant of I-270 and Clarksburg Rd. (Rte. 121).

Information accurate as of 12/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).

Frederick

70 Baltimore

Clarksburg Columbia

270

95

Washington

CLARKSBURG PREMIUM OUTLETS CLARKSBURG, MD

SITE AND PLAN

Proposed Connector to I-270 S

CL AR KS BU RG

SR 12 1

RD .

EXIT 18

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RD .

0 I-27

1 12 R S

AR L /C

CABIN BRANCH RD.

N

DEVELOPMENT KEY

CL AR KS BU RG

RD .

Proposed New 1-Level Retail Proposed New 2-Level Retail

(UPPER STREET LEVEL)

0 I-27

(LOWER STREET LEVEL)

N

SURROUNDING AREA CENTERS Guilford

Table Rock

Orrtanna

Mont Alto

Mercersburg

Cearfoss Pecktonville Indian Springs

32

Big Pool

Bakersville Mercersville

Jefferson

Spring Ridge New Market

9 14 Creek Ballenger 53

Buckeystown

Rosemont

Bolivar

Adamstown

Charles Town

Mount Airy

Barnesville

Round Hill

Hamilton

Ellicott City

1

13

Brookeville

12

Shenandoah Shores

6

Loudoun Valley Estates

Middleburg

Arcola Apple Mountain Lake

Chester Gap

Travilah

Sugarland Run 9 Broadlands Great Falls Moorefield Station Dranesville

Shenandoah Farms

Bull Run Mountain Estates

McNair Floris Franklin Farm Greenbriar 11 12 Fair Lakes

7

The Plains Haymarket Gainesville 47

33

Flint Hill New Baltimore

Linton Hall

24 Buckhall 16

Clifton

Manassas

Opal

35

Catlett Calverton Midland

Independent Hill

Rosedale

North Laurel

Ferndale

3

Fort Meade

Fairland

26 18

31 30

Riviera Beach Lake Shore

Gambrills

Arden on the Severn

South Laurel

36

19

Edgemere

Linthicum

3 Severn

Laurel

5

34Naval Academy 2 2

Riva

Dunkirk Brandywine

Woodbridge 24 34 Marumsco 38 26 Neabsco

Bryans Road Indian Head

Mayo

Galesville

27

Woodlawn Mount Vernon

Deale

Friendship North Beach Chesapeake Beach

Cedarville Baden

Accokeek

Waldorf

Huntingtown Aquasco

Steven

Highland Beach

17 8 4 23

25

Cape St Claire

49 Crofton Crownsville

14

Bowleys Quarters

Dundalk Baltimore

Chevy Chase Berwyn Heights 5 Takoma Park Glen Echo 22 New Carrollton Fairwood 7 55 28 North Brentwood Wolf Trap McLean 6 Colmar Manor Mitchellville 43 42 Pimmit Hills Queen Anne 36 Fairmount Heights 8 Dunn Loring Kettering 25 Capitol Heights Merrifield Arlington4 33 District Heights Brock Hall 13 Mantua Bailey's Crossroads Silver Hill Marlboro Meadows Long Branch Morningside Upper Marlboro Alexandria Forest Heights Kings Park Queenland Huntington 39 Oxon Hill West Springfield 37 Marlton Friendly Hayfield South Run Laurel Hill Occoquan

Nokesville

Layhill Glenmont

Elkridge Jessup

White Oak Garrett Park 52 Chevy Chase View Hillandale Potomac51

Crosspointe

Warrenton

yville

Rockville

Ilchester

Columbia

Fulton Spencerville

Derwood

University Center

n

Highland

19 Washington Grove Olney

Darnestown

Lansdowne

37

18

Catonsville Arbutus

23 15

Laytonsville

Joppatow

Carney

White Marsh 54 Towson Overlea

Pikesville

Clarksburg

Poolesville

21 Leesburg

Boyce

Sykesville

41 29

29 20

Montgomery Village Berryville

Kingsville

Timonium Lutherville

32Garrison 22

Damascus

Winchester

Washington

Eldersburg

Bel Air

Bel Air Pleasant Hills

Cockeysville

Urbana

Lovettsville

30 Shannondale MILES 45 MILES

Fallston

Monrovia

15 MILES

ens City

New Windsor

Frederick

10

Yarrowsburg

Ranson

Jarrettsville

28

Reisterstown

Shenandoah Junction Garretts Mill Middleway

Hampstead Westminster 40

Walkersville Libertytown

Gapland Inwood

Manchester

Myersville

Braddock Heights 10

Delt

Pylesville

Woodsboro

Rohrersville

Shepherdstown

Fawn Grove

Emmitsburg

Union Bridge

Eakles Mill

Martinsburg

Littlestown

Thurmont

11

Simon Centers Competition

Susquehanna T

Railroad Stewartstown

Taneytown

Chewsville Wilson-Conococheague Charlton Pondsville 32 Funkstown 11 Williamsport Bagtown St James Falling Waters Hedgesville Breathedsville

eley Springs)

SURROUNDING AREA CENTERS

Cross Roads Glen Rock

Pennville

Carroll Valley

Wayne Heights

Blue Ridge Summit Reid Ringgold Sabillasville Leitersburg Edgemont

Felton

Loganville

30 Midway

Fairfield

State Line

Jacobus

Spring Grove

21

Gettysburg

Windsor

Yoe

New Salem

New Oxford

Lake Heritage

Greencastle

Hancock

Hunterstown

McKnightstown

Marion

Needmore

Abbottstown

Tilghman

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37

Clarksburg Premium Outlets® Annapolis Towne Centre at Parole Arundel Mills Ballston Common Mall Bowie Town Center Dulles Town Center Fair Oaks Mall Fashion Centre at Pentagon Francis Scott Key Mall Frederick Towne Mall Hagerstown Premium Outlets Lakeforest Mall Leesburg Corner Premium Outlets The Mall at Prince Georges The Mall in Columbia Manassas Mall Market Common Clarendon Marley Station Mazza Gallerie Mondawmin Mall North Hanover Mall Owings Mills Mall Pentagon Row Potomac Mills Springfield Town Center Stonebridge at Potomac Center Tanger National Harbor TownMall of Westminster Towson Town Center Tysons Corner Center Tysons Galleria Valley Mall Virginia Gateway Westfield Annapolis Westfield Montgomery Westfield Wheaton White Marsh Mall

OTHER RETAIL

SHOPPING CENTERS

GROSS LEASABLE AREA

ANCHORS

DISTANCE / DRIVE-TIME

Lakeforest Mall Gaithersburg, MD

1,045,000 sf

Macy’s, Lord & Taylor, Sears, JCPenney

9 miles / 14 minutes

Washingtonian Center Gaithersburg, MD

760,000 sf

Dick’s Sporting Goods, Kohl’s, Target

10 miles / 14 minutes

Westview Promenade Frederick, MD

200,000 sf

Chico’s, LOFT, White House | Black Market

14 miles / 15 minutes

Francis Scott Key Mall Frederick, MD

711,000 sf

Macy’s, Sears, JCPenney

14 miles / 16 minutes

Westfield Montgomery Bethesda, MD

1,223,000 sf

Nordstrom, Macy’s, Macy’s Home, Sears

17 miles / 18 minutes

Congressional Plaza Rockville, MD

329,000 sf

buybuy Baby, The Children’s Place, The Container Store, Neiman Marcus Last Call

17 miles / 24 minutes

White Flint Mall North Bethesda, MD

800,000 sf

Lord & Taylor

19 miles / 24 minutes

The Collection at Chevy Chase Chevy Chase, MD

100,000 sf

Bulgari, Cartier, Christian Dior, Gucci, Jimmy Choo, Louis Vuitton

24 miles / 28 minutes

Westfield Wheaton Wheaton, MD

1,650,000 sf

Dick’s Sporting Goods, JCPenney, Macy’s, Target

24 miles / 31 minutes

Tysons Corner Center Tysons Corner, VA

2,400,000 sf

Nordstrom, Bloomingdale’s, Macy’s, Lord & Taylor

27 miles / 40 minutes

Tysons Galleria Tysons Corner, VA

824,000 sf

Macys, Neiman Marcus, Saks Fifth Avenue

27 miles / 40 minutes

OUTLET SHOPPING

GROSS LEASABLE AREA

ANCHORS

DISTANCE / DRIVE-TIME

Hagerstown Premium Outlets® Hagerstown, MD

485,000 sf

Leesburg Corner Premium Outlets® Leesburg, VA

518,000 sf

Saks Fifth Avenue OFF 5TH

39 miles / 59 minutes

Arundel Mills® Hanover, MD

1,658,000 sf

Neiman Marcus Last Call, Saks Fifth Avenue OFF 5TH

44 miles / 49 minutes

39 miles / 39 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).