PHILADELPHIA PREMIUM OUTLETS

Transcription

1 PHILADELPHIA PREMIUM OUTLETS

2 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.

3 PROPERTY OVERVIEW PHILADELPHIA PREMIUM OUTLETS LIMERICK TOWNSHIP, PA MAJOR METROPOLITAN AREAS Philadelphia: RETAIL 35 miles southeast GLA (sq. ft.) 549,000; 150 stores OPENING DATE Opened November 2007 Expanded April 2008 RADIUS POPULATION 15 mile population: 652, mile population: 4,351, mile population: 7,539,765 AVERAGE HH INCOME 30 mile average: $80,062 SELECT TENANTS Neiman Marcus Last Call, adidas, Ann Taylor Factory Store, Asics, Banana Republic Factory Store, BCBGMAXAZRIA, Brooks Brothers Factory Store, Calvin Klein Company Store, Coach Factory Store, Cole Haan Outlet, Diesel, DKNY Company Store, Elie Tahari Outlet, Forever 21, Gap Factory Store, GUESS Factory Store, J.Crew Factory, kate spade new york, Michael Kors Outlet, NikeFactoryStore, Polo Ralph Lauren Factory Store, Puma, Restoration Hardware, Sperry Top-Sider, Theory Outlet, Tommy Hilfiger Company Store, Under Armour Factory House, UGG Australia, Vera Bradley TOURISM / TRAFFIC Philadelphia is the second largest city on the East Coast and ranks fifth in the nation with a metropolitan population of 5.8 million. The Pennsylvania Convention Center stands as the second largest convention center in the Northeast with 1.3 million square feet of floor space. In 2013, Philadelphia International Airport (PHL) processed over 30.5 million passengers. Limerick Township is situated along the 422 Expressway. Recent statistics indicate Limerick Township to be the fifth fastest growing community in Pennsylvania and the second fastest growing municipality in Montgomery County. Approximately 47,390 vehicles pass the site on Rte. 422 each day. 222 Lancaster PA Reading 422 Sanatoga Exit Allentown 476 PHILADELPHIA PREMIUM OUTLETS LIMERICK, PA Easton 276 Delaware Water Gap 95 NJ Philadelphia MAJOR ATTRACTIONS Attractions in the area include the Liberty Bell, Valley Forge National Historical Park, Independence Hall, Rodin Museum, Philadelphia Museum of Art, Longwood Gardens, and The Philadelphia Zoo. Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014). LOCATION / DIRECTIONS Rte. 422 Expressway at Sanatoga Exit (Evergreen Road), Limerick Township, Montgomery County, Pennsylvania. Rte. 422 to Sanatoga Exit (Evergreen Road) at mile marker 176 to new access road (Lightcap Road).

4 SITE AND PLAN LIGHT CAP RD. From Evergreen Rd. / US 422 US 422 / POTTSTOWN EXPWY. NORTH

5 ( ( LIGHT CAP RD. FROM EVERGREEN RD. / US 422 US 422 / POTTSTOWN EXPWY.

6 nville SURROUNDING AREA CENTERS Lightstreet Buckhorn Almedia Nescopeck Beech Mountain Lakes Freeland Newton Penn Estates Holiday Pocono Albrightsville Sierra View Indian Mountain Lake Lake Mohawk Marksboro K Andover Hopatcong Johnsonburg anville Lake Te Delaware Water Gap Weatherly Nuremberg Byram Center White Mea Silver Lake Riverside Beaver Meadows Brodheadsville Allamuchy Portland Stanhope Hope Slabtown Kelayres Rockaway Boo East Bangor Sheppton Delaware ydertown Vienna Netcong Roseto Brandonville Victory Gardens Mo Jim Thorpe Elysburg Nesquehoning Numidia Mountain Lake Hackettstown Kenvil Delano Ringtown Weissport East Wind Gap Bridgeville Ackermanville Morris Plains Succasunna Lansford Aristes Shenandoah HeightsGrier City Weissport ntown) Buttzville Beattystown Hometown Tamaqua Bowmanstown Morristown Strong Centralia Belfast Port Murray Ranshaw on Ashland Englewood Martins Creek 45 MILES Port Colden Walnutport Long Valley irview-ferndale Tuscarora Chapman Brainards Cherryville Mendham Madi Gordon Slatedale Tatamy C Broadway Cumbola Bath Heckscherv ille Califon Peapack and Gladstone Laurys Station Mechanicsville Beurys Lake Upper Stewartsville Glen Gardner New Pr Wilson Far Hills Seltzer 24 Cementon McKeansburg West Easton28Alpha Branchdale New Tripoli Mount Carbon High Bridge Hegins Watchu North Catasauqua n Schnecksville Glendon Fa Landingville Bloomsbury ClintonLebanon Catasauqua Donaldson Cressona Freemansburg Kempton 16 Deer Lake White House Station TremontFriedensburg 30 MILES North Plainf Fountain 22 Hill wer City Reinerton Cetronia Riegelsville Auburn Port Clinton Green Knoll Lake Wynonah Middlesex Hellertown iamstown Orwin Dorneyville Raritan Hamburg Lenhartsville Milford Summit Station consico 30 Pine Grove Zarephath Trexlertown 38 Edenburg DeSales University Weston Frenchtown Soc Virginville Shoemakersville Schubert Somerset Coopersburg Flemington Topton Alburtis Millstone 17 Strausstown East Frankli Mertztown Centerport Lyons Belle Mead Richlandtown Mohrsville Rehrersburg Milltow Harlingen Leesport Walnuttown Dryville Fredericksburg 15 MILES Hereford Milford Square Skillman Bernville Griggstown Temple East Greenville Mount Aetna Trumbauersville Jonestown Stockton Blawenburg Plumsteadville Bally Pennsburg South Temple Dayton Spo Oley Perkasie Stouchsburg Sand Hill 11 Park Helme Red Hill Hyde Dublin Hopewell Kingston Myerstown Bechtelsville New Hope Cleona Ja Womelsdorf Princeton Colony Park Silverdale Green Lane 243 Boyertown Annville Hebron Plainsboro Center Whittingh Mount Penn Springmont Pennington myra Telford Wernersville Woxhall Lebanon South Clearbrook Pa Gilbertsville Montrose Manor St Lawrence Lawrenceville New Britain osit Quentin Halfway House Spring Mount Chalfont Mohnton Flying Hills Hightstown Newtown Grant Amity Gardens Schwenksville Yardley Reinholds Adamstown Mount Gretna Heights Stowe Lansdale Robbinsville 19 7 Hopeland Woodside Timber Hills Richboro Newtown 37 Limerick Roosevelt South Pottstown Denver Swartzville North Wales Ivyland Morrisville Evansburg Woodbourne Penryn Clay Warminster Heights Spring House Spring City Ephrata Fivepointville New Morgan 23 Fairless Hills Allentown Langhorne Manheim Terre Hill Akron Ambler zabethtown Phoenixville 31 Eagleville Groveville MorgantownElverson Bryn Athyn 21Hulmeville Tullytown Lititz 44 Brownstown Mount Joy Rheems Norristown Churchtown Blue Ball Audubon Oreland Jenkintown 29 Bristol East Petersburg East Earl Honey Brook Leola Arcadia University Bridgeport Eddington Burlington Maytown Landisville West Conshohocken Witmer Rockledge New Egypt 25 Cornwells Heights Eagleview Marietta Paoli Philadelphia Intercourse Devon Mountville Bryn Mawr 3 Smoketown Exton McGuire AFB 9 Fort Dix Downingtown Wrightsville 4132 Malvern Soudersburg Haverford College Hallam Washington Boro Juliustown Riverton Caln Thorndale Gap Westwood Broomall Penn Wynne Strasburg Yorkana East Prospect PembertonBrowns Mills Drexel Hill Millbourne Atglen Modena West Chester Pomeroy Cedar G Merchantville Ramblewood Country Lake Estates Refton East Lansdowne Georgetown Christiana 20 4 Windsor Cheyney University Conestoga Presidential Lakes 42 Ellisburg Leisuretowne MortonColwyn oe Estates Marlton Oaklyn Red Lion Quarryville Rose Valley Ridley Park Cochranville us Mount Ephraim Springdale Chester Heights Parkside Westville Echelon Medford Lakes Felton Kirkwood Boothwyn Chester Eddystone 18 Kennett Square Hi-Nella Gibbsboro West Grove Arden Linwood GibbstownWoodbury 8 Cross Roads 6 Avondale Lincoln University Oak Valley Pine Hill Berlin Ardencroft Marcus Hook ck Greenville Susquehanna Trails Little Britain Oxford Bellefonte Turnersville Pine Valley Swedesboro Pike Creek Edgemoor Fawn Grove own Elsmere Pitman Chesilhurst Mullica Hill Delta Pike Creek Valley Newport Penns Grove Glassboro Rising Sun Pylesville Wilmington Manor Brookside 5 Newark Clayton Hammonton New Castle Woodstown Darlington Victory Lakes Bear Glasgow North East Jarrettsville Collings Lakes Elkton Port Deposit Elmer Salem Charlestown Alloway Delaware City Elwood Mys Fallston Quinton Havre de Grace Buena Egg Harbor City Olivet Bel Air Port Republic Chesapeake City Aberdeen ConynghamLattimer West Hazleton Rupert Mainville Catawissa Jeddo Arlington Heights Stroudsburg SURROUNDING AREA CENTERS Simon Centers Competition Philadelphia Premium Outlets Berkshire Mall Burlington Center Mall Cherry Hill Mall Christiana Mall Concord Mall Coventry Mall/Coventry Square Deptford Mall Exton Square Fairgrounds Square Gloucester Premium Outlets Granite Run Mall King of Prussia Lehigh Valley Mall Liberty Village Premium Outlets The Mall at Voorhees Town Center Montgomery Mall Moorestown Mall Neshaminy Mall The Outlets at Sands Bethlehem Oxford Valley Mall Palmer Park Mall Park City Center Penn's Purchase Factory Philadelphia Mills Phillipsburg Mall Plymouth Meeting Mall Promenade Shops at Saucon Valley Providence Town Center Quaker Bridge Mall Rockvale Outlets The Shops at Valley Square South Mall Springfield Town Center Tanger Lancaster Towne Place at Garden State Park VF Outlet Center Willow Grove Park

7 OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Coventry Mall Pottstown, PA 808,000 sf Boscov s, Kohl s 6 miles / 9 minutes King of Prussia King of Prussia, PA 2,623,000 sf Neiman Marcus, Nordstrom, Bloomingdale s, Lord & Taylor, Macy s, JCPenney 14 miles / 20 minutes Exton Square Mall Exton, PA Plymouth Meeting Mall Plymouth Meeting, PA Lehigh Valley Mall Whitehall, PA 974,000 sf Boscov s, Macy s, Sears 27 miles / 28 minutes 820,000 sf Boscov s, Macy s 27 miles / 28 minutes 1,181,000 sf Boscov s, Macy s, JCPenney 39 miles / 55 minutes OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME VF Outlet Village Reading, PA The Outlets at Sands Bethlehem Bethlehem, PA Penns Purchase Lahaska, PA 450,000 sf 24 miles / 28 minutes 133,000 sf 35 miles / 60 minutes 109,000 sf 36 miles / 58 minutes Philadelphia Mills Philadelphia, PA 1,777,000 sf Neiman Marcus Last Call, Saks Fifth Avenue OFF 5TH 43 miles / 53 minutes Gloucester Premium Outlets Gloucester Township, NJ Rockvale Outlets Lancaster, PA Tanger Outlet Center Lancaster, PA The Crossings Premium Outlets Tannersville, PA 375,000 sf 51 miles / 55 minutes 565,000 sf 57 miles / 1 hour 267,000 sf 58 miles / 1 hour 412,000 sf 81 miles / 1 hour 41 minutes

8 60 Columbia Road Building B 3rd Floor Morristown, NJ (973) 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).