ORLANDO INTERNATIONAL PREMIUM OUTLETS

ORLANDO INTERNATIONAL 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 ORLANDO INTERNATIONAL PREMIUM OUTLETS ORLANDO, FL MAJOR METROPOLITAN AREAS SELECT TENANTS SR-435 Conroy Orlando: Daytona Beach: Tampa: RETAIL GLA (sq. ft.) 774,000; 180 stores 10 miles 65 miles 80 miles Neiman Marcus Last Call, Saks Fifth Avenue OFF 5TH, 7 For All Mankind, adidas, American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, Coach, Diesel, DKNY Company Store, HUGO BOSS Factory Store, J.Crew Factory, kate spade new york, Kenneth Cole Company Store, LACOSTE Outlet, Michael Kors Outlet, NikeFactoryStore, Polo Ralph Lauren Factory Store, St. John, Ted Baker London, Thomas Pink, Tourneau, True Religion, Tumi, UGG Australia, Victoria s Secret Exit 75A Universal Orlando Resort I-4 Kirkman Exit 75A Oakridge Florida Turnpike John Young Pkwy. OPENING DATES Opened June 1982 Expanded May 2008 PARKING RATIO TOURISM / TRAFFIC The center is located four miles from Universal Orlando Resort. Orlando welcomes over 59 million visitors annually including travelers from Europe, North America, South America, and Asia. International Dr. ORLANDO INTERNATIONAL PREMIUM OUTLETS 3.9:1 MAJOR ATTRACTIONS ORLANDO, FL RADIUS POPULATION 15 mile population: 1,319,923 30 mile population: 2,297,359 45 mile population: 3,230,670 AVERAGE HH INCOME 30 mile average: $70,222 Universal Orlando Resort, Sea World/Discovery Cove, Walt Disney World, Aquatica, Gatorland, Wet n Wild Waterpark, and I-Drive 360 LOCATION / DIRECTIONS I-4, Exit 75A to north end of International Drive. Center has strong visibility on I-4 and the turnpike with direct access from International Drive and Oakridge Road. From Tampa: Take I-4E to the 75A-Universal Exit. Follow to International Drive and turn left. The Center is located at the north end of International Drive. From Daytona Beach: Take I-4W to 75A-Universal Exit. Follow to International Drive and turn left. The Center is located at the north end of International Drive. Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).

SITE AND PLAN OAK RIDGE ROAD I-4 INTERNATIONAL DRIVE NORTH

E 100 100 100 OAK RIDGE ROAD I-4 OAK RIDGE ROAD FLORIDA'S TURNPIKE INTERNATIONAL DRIVE

SURROUNDING AREA CENTERS Daytona Beach Ocala Daytona Beach Shores South Daytona Astor De Leon Springs Silver Springs Shores Belleview North DeLand Pittman The Villages Altoona y 6 Okahumpka Yalaha Wildwood Howey-in-the-HillsAstatula Leesburg Bushnell Nobleton Center Hill Webster e 'n Dale g Lake Lacoochee Trilby Polk City Kathleen 77 Plant City Mel Valrico age Bloomingdale w 17 1 9 4 13 16 10 15 Mims Titusville Port St John Sharpes Cocoa Cocoa West 8 Loughman reek ango Dover 14 Auburndale Davenport Lake Alfred Willow OakMulberry Fuller Heights 3 Bartow Fish Hawk Alturas Homeland Highland Park Hillcrest Heights 19 Patrick AFB South Patrick Shores Palm Shores 30 MILES Indian Harbour Beach Haines City Lake Wales Cocoa Beach 12 13 14 15 16 17 18 Viera East St Cloud Poinciana Grenelefe Combee Settlement Lake Hamilton Inwood Crystal Lake Winter HavenDundee Eagle Lake Waverly Highland City Wahneta Lakeland Highlands 3 Cape Canaveral Rockledge Campbell Zephyrhills North Zephyrhills South Crystal Springs 2 3 4 5 6 7 8 9 10 11 Oak Hill 19 5 race Deltona Sanford Midway 14 Heathrow 2 12 Pasadena Hills 1 Edgewater Geneva Lake Mary Black Hammock Wekiwa Springs Longwood Winter Springs Forest City Fern Park 2 Apopka 13 South Apopka Maitland Casselberry Chuluota Mascotte Ferndale Paradise Heights Eatonville 19 Goldenrod Groveland Pine Hills Montverde Union Park Bithlo Clermont Oakland 10 16 17 Orlovista Tildenville Alafaya Rio Pinar Christmas 18 Windermere Holden Heights 9 Bay Hill Sky Orlando 11 Lake 12 Tangelo Park 15 Pine Castle 4 Horizon West Taft Bay Lake Lake Mary Jane Lake Hart Lake Buena Vista 15 MILES Meadow Woods 5 8 Buenaventura Lakes Celebration Kissimmee Four Corners 11 e City North Dade City nio St Leo Glencoe Simon Centers Competition New Smyrna Beach Zellwood 18 Ridge Manor SURROUNDING AREA CENTERS Ponce Inlet Samsula-Spruce Creek Orange City DeBary Eustis Mount Dora Sorrento Tavares Mount Plymouth Tangerine Coleman stachatta Pine Lakes Silver Lake 6 verness City Paisley Lisbon Fruitland Park ands South DeLand Southwest Lake Helen Lake Kathryn Umatilla Lady Lake s North Port Orange 45 MILES Melbourne Indialantic Melbourne Village Melbourne Beach June Park Palm Bay Malabar Grant-Valkaria Micco Roseland Orlando International Premium Outlets Altamonte Mall Eagle Ridge Mall The Florida Mall Lake Buena Vista Factory Stores Lake Square Mall Lakeland Square The Loop The Mall at Millenia Orlando Fashion Square Orlando Vineland Premium Outlets Outlet Marketplace Oviedo Marketplace Seminole Towne Center Terrace at Florida Mall Waterford Lakes Town Center West Oaks Mall Winter Garden Village at Fowler Groves Winter Park Village

OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME The Mall at Millenia The Florida Mall 1,200,000 sf Bloomingdale s, Macy s, Neiman Marcus 1.5 miles / 5 minutes 1,676,000 sf Dillard s, Macy s, JCPenney, Sears 6 miles / 20 minutes Orlando Fashion Square 1,070,000 sf Dillard s, JCPenney, Macy s, Sears 18 miles / 20 minutes West Oaks Mall Ocoee, FL 1,043,000 sf Dillard s, JCPenney 22 miles / 26 minutes Seminole Towne Center Sanford, FL 1,105,000 sf Dillard s, Macy s, JCPenney, Sears, Burlington 40 miles / 45 minutes OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Outlet Marketplace Orlando Vineland Premium Outlets Lake Buena Vista Factory Stores Ellenton Premium Outlets Ellenton, FL 199,000 sf 1 mile / 2 minutes 655,000 sf Saks Fifth Avenue OFF 5TH 11 miles / 17 minutes 550,000 sf 12 miles / 35 minutes 476,000 sf Saks Fifth Avenue OFF 5TH 106 miles / 1 hour 44 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).