THE VISION. Redefining Luxury Shopping in South Texas.

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1 MCALLEN, TEXAS

2 THE VISION Redefining Luxury Shopping in South Texas. La Plaza Mall consistently ranks as one of the highest grossing malls in the US. Located just north of the Mexican border, this top-performing center is undergoing a multimillion-dollar redevelopment that will further define its status as the ultimate shopping destination in South Texas. The center will add 40 stores, four junior anchor stores, and five restaurants with its 230,000-square-foot expansion scheduled to debut in November As part of the expansion, the center will undergo a cosmetic renovation including a new dramatic feature court, a new play area, skylights, all-glass entrances, upgraded finishes, new flooring, and improved customer amenities such as soft-seating areas and refurbished restrooms. In addition, a pair of three-level parking garages will make room for 2,000 vehicles providing ample parking space for customers.

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5 SOUTH MAIN SOUTH 11TH ST. SOUTH 10TH ST. I-2 KEY PROPOSED JUNIOR ANCHORS PROPOSED NEW RETAIL PROPOSED RESTAURANTS PROPOSED PARKING DECKS EXISTING DEPARTMENT STORES EXISTING RETAIL EXISTING OUTLOT S. MAIN OVERPASS TOYS R US UVALDE ST. SAVANNAH AVE. MACY S HOME & CHILDREN S STORE MACY S TORONTO AVE. EAST MULTI-LEVEL PARKING DECK DILLARD S BICENTENNIAL BLVD. FUTURE MULTI-LEVEL PARKING DECK JCPENNEY WINGATE INN LOGAN S ROADHOUSE WICHITA AVE. N MASTER PLAN

6 GATEWAY TO MEXICO McAllen is located in the heart of the Rio Grande Valley of South Texas only five miles from the US/Mexico border. La Plaza Mall is the area s premier shopping, dining, and entertainment destination. McAllen leads the way as the largest city in one of the fastest growing metro areas in the nation according to the US Bureau of Labor Statistics. The city ranks second to Houston in retail sales per household and per capita. McAllen is a gateway to Mexico with two international crossings, the Anzalduas International Bridge and the Hidalgo-Reynosa International Bridge. The Hidalgo-Reynosa Bridge connects McAllen and Hidalgo to downtown Reynosa, Mexico and the Anzalduas International Bridge links McAllen to west Reynosa, Mexico, and the express route to Monterrey. McAllen Convention Center, located in the heart of the Rio Grande Valley, features 174,000 square feet of meeting space and a 60,000-square-foot exhibit hall. McAllen Performing Arts Center presents a variety of nationally recognized music theatre productions to the people of South Texas and northern Mexico.

7 EVOLVING OUR STYLE La Plaza Mall is known throughout the region as the destination for luxury shopping in South Texas. The redevelopment will further enhance its status as the premier shopping center for the region. La Plaza Mall draws from a consumer base of more than 10 million people within a 200-mile radius including international shoppers from the Mexican states of Nuevo Leon, Tamaulipas, San Luis Potosi and Mexico City. The center features more than 150 specialty stores. La Plaza Mall attracts millions of visitors annually.

8 BY THE NUMBERS Anchored by Four Department Stores Dillard s, Macy s, Macy s Home & Children s Store, JCPenney Square Footage La Plaza Mall spans more than one million square feet and is visited by more than 18 million guests each year. One Level Boasting more than 150 specialty stores. Restaurants Home to 500+ seating capacity La Plaza Cafés food court featuring unique-to-market food offerings.

9 IN GOOD COMPANY Distinctive. Classic. Chic. Many fine brands have chosen La Plaza Mall as their preferred location in the South Texas market. Coach GUESS L Occitane Marciano Oakley Pandora Swarovski Victoria s Secret

10 INDULGENT DINING An exceptional mix of dining destinations offers a unique experience for both locals and tourists. La Plaza Cafés offers shoppers ten delicious options to please even the most discerning palates.

11 POSITIONED TO SUCCEED La Plaza Mall is ideally located at the intersection of Interstate 2 and 10th Street in McAllen, Texas. Interstate 2 is the main commercial corridor running east and west through McAllen, and 10th Street is one of the most traveled north-south connectors in the city. The property is located in close proximity to 23rd Street (SR115), the primary border crossing with Mexico. Three nearby international bridges carry tens of thousands of vehicles into La Plaza Mall s trade area every day , , , , , $54, $61, , $83,860 Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

12 DESTINATION SHOPPING With Reynosa, Mexico just minutes away, La Plaza Mall enjoys a significant influx of Mexican Nationals. Approximately 40% of the shopper base is from Mexico. Mexican Nationals account for more than double the sales of the local shopper. The center is adjacent to the McAllen-Miller International Airport that offers daily nonstop flights to Dallas, Houston, Las Vegas, Mexico City, and Orlando.

13 Linn Lasara TRADE AREA BOUNDARY Los Angeles Ranchette Estates Raymondville San Perlita Hargill 69C Lyford Faysville as-fela Solis nio Saenz Socio Edinburg Doolittle Monte Alto 69E Zapata Ranch Sebastian Santa Monica rate l Pena Citrus City Alton Cesar Chavez La Blanca San Carlos Elsa Edcouch La Villa Yznaga rulla Quesada Cuevitas Los Ebanos Havana Doffing West Sharyland Palmhurst Penitas Perezville 2 Palmview Abram Palmview South Mission McAllen 1 Murillo Muniz Lopezville North Alamo Alamo Pharr South Alamo Laguna Seca Tierra Bonita Santa Rosa Grand Acres Olivarez Mila Doce Indian Hills Ratamosa Midway North Heidelberg La Feria North Donna 2 Mercedes Midway South 2 Combes Primera Juarez 4 Harlingen Rio Hondo Arroyo Ga Lozano Arroyo Colorado Estates Granjeno Hidalgo Scissors Villa Verde Progreso Relampago Progreso Lakes Bixby La Feria Santa Maria Rangerville Green Valley Farms El Camino Angosto 69E Lago Indian Los Indios La Paloma Rancho Viejo N 0 10 Olmito MILES MEXICO San Pedro 3 TRADE AREA & COMPETITION Simon Centers Competition 1 La Plaza Mall 2 Rio Grande Valley Premium Outlets 3 Sunrise Mall 4 Valle Vista Mall

14 I-2 S. BICENTENNIAL BLVD. UVALDE AVE. MACY'S HOME & CHILDREN S STORE EXPANSION WING SAVANNAH AVE. MACY'S DILLARD'S SR 336 / S. 10TH ST. LA PLAZA MALL JCPENNEY WICHITA AVE. MCALLEN-MILLER INTERNATIONAL AIRPORT N AERIAL OVERVIEW

15 UNIQUE OPPORTUNITY La Plaza Mall presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Mike Katz (317) mkatz@simon.com

16 225 West Washington Street Indianapolis, IN (317) simon.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).