A PREMIER DESTINATION

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DULUTH, MINNESOTA

SUPERIOR POTENTIAL Miller Hill Mall is the only mall in the region and serves a market that extends to International Falls, MN; Thunder Bay, Canada; and the Upper Peninsula of Michigan. Miller Hill Mall is located in Duluth, Minnesota, the second-largest metro area in the state with a population of 280,000. The region hosts a vibrant community of local colleges and universities including University of Minnesota Duluth (12,000 students), Lake Superior College (5,200 students), University of Wisconsin Superior (2,600 students), and the College of St. Scholastica (4,000 students). The well-respected health care systems in Duluth contribute as major employers with St. Mary s Medical Center as the largest employer in the city and St. Luke s Health Care in the top ten. Fitbit named Duluth the Fittest City in America.

A PREMIER DESTINATION Miller Hill Mall is the preferred shopping destination of northern Minnesota, Wisconsin, and the Thunder Bay, Canada area and is the only enclosed mall in the Northland. The center s prime location in the heart of the fastest-growing retail area in the Duluth/ Superior market draws shoppers from over a 100-mile radius. Occupancy exceeds 98% at the center, which is reflective of its strong market position.

BY THE NUMBERS Anchored by Four Major Retailers JCPenney, Sears, Younkers, Dick s Sporting Goods Square Footage Miller Hill Mall spans 832,000 square feet. Single Level Boasting more than 100 specialty stores. Restaurants A food pavilion and numerous quick-serve and sit-down restaurants such as Chipotle Mexican Grill, Five Guys Burgers and Fries, Noodles & Company, Lucky s 13 Pub, and Applebee s round out the center s dining choices.

IN GOOD COMPANY Distinctive. Trendy. Delicious. Many fine brands have chosen Miller Hill Mall as their preferred location in the Duluth market. Buckle Build-A-Bear Workshop Hollister Jimmy John s maurices Men s Wearhouse Noodles & Company Old Navy Perkins Family Restaurant Teavana ULTA Beauty Victoria s Secret

POSITIONED TO SUCCEED The Miller Hill Mall property is located in Duluth, Minnesota the fourth largest city in the state. The center is strategically positioned at the intersection of Hwy 53 and SR 194 in the midst of Duluth s western suburbs. Duluth is the largest U.S. city on Lake Superior and is a primary shipping hub. Its economy has also evolved to become the regional hub for the northeastern Minnesota region. According to the Duluth Chamber of Commerce, retail sales exceed $750 million annually, illustrating Duluth s growing importance as a regional retail service recreation center. 2016 2021 263,604 267,189 2016 2021 108,552 110,028 2016 $62,740 2021 $67,893 2016 124,282 2016 $162,429 Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

DESTINATION SHOPPING Tourism makes a meaningful contribution to Miller Hill Mall s shopper base with domestic tourists, across the state and neighboring states, and international tourists from the Canadian market. In 2015, the area enjoyed the largest collection of tourism taxes to date with a 14% increase in hotel/motel revenues. Duluth was named Best Town Ever by Outdoor Magazine. The tourism component of Duluth s economy generates more than $400 million per year, creating more than 6,800 jobs directly related to the hospitality industry.

Squaw Lake Babbitt Hoyt Lakes Chisholm Buhl Mountain Iron 3 Eveleth Gilbert Biwabik Aurora Keewatin Hibbing 2 Iron Junction Bena Deer River Calumet Bovey Silver Bay Federal Dam Cohasset La Prairie Beaver Bay Boy River TRADE AREA BOUNDARY Warba Remer Meadowlands Two Harbors Longville Hill City Floodwood Brookston Arnold 1 Hermantown Fifty Lakes Beach Crosslake Jenkins Breezy Point Emily Palisade McGregor Tamarack Wright Cromwell Cloquet Thomson 35 Wrenshall Duluth Proctor Superior Oliver Poplar Was A Shore ll Lake Cuyuna Deerwood Kettle River Moose Lake Barnum Lake Nebagamon Mason Baxter 4 N 0 Garrison 15 MILES McGrath Denham Willow River Rutledge Bruno Kerrick Solon Springs ipley Vineland Finlayson Askov Harding TRADE AREA & COMPETITION Simon Center Competition Isle Sandstone Minong 1 Miller Hill Mall 2 Irongate Plaza 3 Thunderbird Mall 4 Westgate Mall

US 53 / TRINITY RD. CULVER S DICK S SPORTING GOODS OLD NAVY SEARS YOUNKERS DECKER RD. MILLER HILL MALL PERKINS FAMILY RESTAURANT DSW BARNES & NOBLE JCPENNEY US 53 / SR 194 / MILLER TRUNK HWY. MAPLE GROVE RD. N AERIAL OVERVIEW

N KEY DEPARTMENT STORES ANCHOR STORES RESTAURANTS RETAIL PERKINS FAMILY RESTAURANT US 53 / TRINITY RD. NORTHSTAR FORD VALVOLINE CULVER S PIONEER NATIONAL BANK BARNES & NOBLE DSW DICK S SPORTING GOODS US 53 / MILLER TRUNK HWY. YOUNKERS OLD NAVY SEARS FIRESTONE JCPENNEY DECKER RD. SITE PLAN

UNIQUE OPPORTUNITY Miller Hill Mall presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Amy Lepi (847) 330-0220 amy.lepi@simon.com

225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 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).