JACKSON PREMIUM OUTLETS

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1 JACKSON 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 JACKSON PREMIUM OUTLETS JACKSON, NJ MAJOR METROPOLITAN AREAS Trenton: 20 miles Philadelphia, PA: 55 miles New York, NY: 70 miles RETAIL GLA (sq. ft.) 286,000; 70 stores SELECT TENANTS American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, BOSE, Brooks Brothers Factory Store, Calvin Klein Company Store, Carter s Outlet, Coach, Gap Factory Store, GUESS Factory Store, J.Crew Factory, Lucky Brand, NikeFactoryStore, Nine West Outlet, Polo Ralph Lauren Factory Store, Reebok, SKECHERS USA, Timberland, Tommy Hilfiger Company Store, Under Armour Factory House 5 Somerville New Jersey Tpk 287 Edison New York 36 Garden State Pkwy OPENING DATES Opened 17 Expanded 18 RADIUS POPULATION 15 mile population: 626,88 30 mile population: 3,233,36 45 mile population: 10,844,30 TOURISM / TRAFFIC Over 20 million people live within 60 miles of the center. The center is located one mile from Six Flags Great Adventure, the nation s largest regional family theme park and is close to Jersey Shore resorts. Millions of visitors travel to the shore region of New Jersey each year. LOCATION / DIRECTIONS Off I-15 at Exit 16 in Jackson, New Jersey. Fifty-five miles northeast of Philadelphia and 70 miles south of New York City. 25 Philadelphia 537 Six Flags Great Adventure Theme Park 15 Jersey Shore Jersey Shore JACKSON PREMIUM OUTLETS JACKSON, NJ AVERAGE HH INCOME 30 mile average: $5,8 From NJ Turnpike: Take Exit 7A, then I-15E to Exit 16B; follow Rte. 537E, Jackson Premium Outlets is on the right From Garden State Pkwy.: Take Exit 8, then take I-15W to Exit 16, bear right before the light, Jackson Premium Outlets is on the right Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).

4 NORTH SITE AND PLAN I-15 TO NJ TRNPKE. ANDERSON RD. TO SHORE I-15 MONMOUTH RD.

5 TO GARDEN STATE PARKWAY I-15 TO NJ TURNPIKE MONMOUTH RD. ROUTE 571 / 526

6 SURROUNDING AREA CENTERS g Lake Telemark Glen Rock Haworth Alpine Tuckahoe Byram Center Oradell Prospect Park Eatons Neck Larchmont Lincoln Park Allamuchy Mount Arlington Hope New York Boonton Totowa Maywood Centre Island Netcong Rockaway East Bangor Delaware Halesite Locust Valley Mountain Lake Roseto Victory Gardens Bogota Singac Clifton Kenvil Port Washington North Hackettstown Manorhaven Wallington Bridgeville East Norwich Wind Gap Elwood CaldwellBrookdale Ackermanville Morris Plains Succasunna Baxter Estates Fort Lee South Huntington Oxford Beattystown Essex Fells Greenvale Dix Morristown Belfast Saddle Rock Estates Guttenberg Port Murray Jericho Melville Martins Creek B Silver Lake Florham 14 Park Mendham Port Colden Long Valley Union City Russell Gardens New Cassel Chapman Herricks Brainards East Newark Hoboken Old Bethpage Bayw Tatamy Chatham Levittown 15 Floral Park Broadway B Harrison Bath Farmingdale Califon Peapack and Gladstone Jersey City South Floral Park 38 North Amityville New Providence Wilson Upper Stewartsville Glen Gardner Far Hills n North Merrick Kenilworth West Easton Alpha Valley Stream Bayonne High Bridge Seaford Watchung Baldwin Amityville tasauqua 1 Roselle Garwood Woodmere Glendon Fanwood Bloomsbury ClintonLebanon Baldwin Harbor Freemansburg Gilgo Hewlett Neck White House Station Rahway Fountain Hill Riegelsville Carteret Green Knoll Point Lookout Harbor Isle Middlesex Iselin Avenel 2 Hellertown 3 e Raritan Milford Fords43Sewaren Zarephath 18 DeSales University Weston Frenchtown Perth Amboy Middlebush Coopersburg Flemington Millstone East Franklin South Amboy Belle Mead Richlandtown Union Beach 36 Harlingen Milltown Madison Park North Middletown Skillman Milford Square Griggstown Matawan Leonardo Trumbauersville Stockton Blawenburg Brownville Plumsteadville Highlands Dayton urg Helmetta Hill Morganville Fair Haven Sea Bright Hopewell Kingston Perkasie Dublin 35 New Hope Jamesburg Princeton Fairview Silverdale Robertsville 28 n Lane Monmouth Beach Plainsboro Center Pennington Telford Rossmoor 17 oxhall Lawrenceville New Britain Concordia Englishtown West 31 20Long Branch g Mount Chalfont Hightstown Deal Freehold Newtown Grant nksville Yardley 7 Twin Rivers Lansdale Allenhurst Robbinsville 21 West Freehold Woodside Richboro Newtown Skippack Roosevelt Ocean Grove North Wales Ivyland Morrisville urg Woodbourne Avon-By-the-Sea Jackson Warminster Heights Spring House 26 Fairless Hills Allentown Langhorne Lake Como Eagleville Ambler Vista Center Groveville Spring Lake Heights Hulmeville Tullytown 42Bryn Athyn 23 Norristown Fieldsboro bon Oreland Jenkintown Sea Girt Lakewood Ramtown Bristol 15 MILES Arcadia University Point Pleasant Beach Bridgeport Eddington 2 Burlington West Conshohocken Bay Head Rockledge Cornwells Heights Cedar Glen West Devon Mantoloking Bryn Mawr 4 Fort Dix McGuire AFB Leisure Village East 30 MILES Leisure Knoll Philadelphia Haverford College Juliustown Lakehurst Riverton Dover Beaches North Palmyra Broomall Penn Wynne MILES PembertonBrowns Mills Lavallette Drexel Hill Millbourne Silver Ridge Cedar Glen Lakes Merchantville Ramblewood East Lansdowne Seaside Heights 22 5 sity South Toms River Ocean Gate Presidential Lakes 41 Ellisburg Leisuretowne Estates Media MortonColwyn Oaklyn BarclayMarlton Ridley Park Mount EphraimSpringdale 30 Parkside Westville Echelon Medford Lakes Eddystone yn 16 Hi-Nella Gibbsboro Forked River Woodbury 6 Linwood Chester Oak Valley Pine Hill Berlin Marcus Hook n Waretown Pine Valley nte Turnersville Beckett Swedesboro Barnegat Light gemoor Barnegat Pitman Chesilhurst Mullica Hill ngton Manahawkin Harvey Cedars Richwood Carneys Point Williamstown Hainesburg Brodheadsville Portland SURROUNDING AREA CENTERS Simon Centers Competition le e Clayton Woodstown Salem Quinton cks Bridge Beach Haven West Surf City Ship Bottom Hammonton Victory Lakes Alloway Elmer Collings Lakes Buena Olivet Seabrook Farms Rosenhayn Shiloh Vineland Tuckerton Egg Harbor City Mystic Island Port Republic Smithville Mays Landing Pomona North Beach Haven Beach Haven Jackson Premium Outlets Bridgewater Commons Brunswick Square Burlington Center Mall Cherry Hill Mall Deptford Mall Freehold Raceway Mall Gloucester Premium Outlets The Grove at Shrewsbury Hudson Mall Jersey Shore Premium Outlets Liberty Village Premium Outlets Livingston Mall The Mall at Short Hills The Mall at Voorhees Town Center Market Fair Mall Menlo Park Mall The Mills at Jersey Gardens Monmouth Mall Montgomery Mall Moorestown Mall Neshaminy Mall Newport Centre Ocean County Mall Oxford Valley Mall Penn's Purchase Factory Outlet Store Philadelphia Mills Promenade at Sagemore Quaker Bridge Mall Shoppes at Old Bridge The Shoppes of North Brunswick The Shops at Valley Square South Street Seaport Staten Island Mall Towne Place at Garden State Park Willow Grove Park Woodbridge Center

7 OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Freehold Raceway Mall Freehold, NJ 1,665,000 sf JCPenney, Lord & Taylor, Macy s, Nordstrom, Sears 10 miles / 20 minutes Ocean County Mall Toms River, NJ 88,000 sf Macy s, Boscov s, JCPenney, Sears 22 miles / 40 minutes Monmouth Mall Eatontown, NJ 1,446,000 sf Boscov s, JCPenney, Lord & Taylor, Macy s 30 miles / 35 minutes Woodbridge Center Woodbridge, NJ 1,633,000 sf Boscov s, Dick s Sporting Goods, JCPenney, Lord & Taylor, Macy s, Sears 42 miles / 45 minutes OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME Jersey Shore Premium Outlets Tinton Falls, NJ 434,000 sf 23 miles / 24 minutes Liberty Village Premium Outlets Flemington, NJ 162,000 sf 45 miles / 45 minutes The Mills at Jersey Gardens Elizabeth, NJ 1,26,000 sf Neiman Marcus Last Call, Saks Fifth Avenue OFF 5TH 47 miles / 50 minutes Gloucester Premium Outlets Gloucester Township, NJ Opening ,000 sf 52 miles / 1 hour

8 60 Columbia Road Building B 3rd Floor Morristown, NJ 0760 (73) 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).

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