PLEASANT PRAIRIE PREMIUM OUTLETS®

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:

SCALELargest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills®

QUALITY Iconic, irreplaceable properties in great locations

INVESTMENTActive 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.

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:

SCALELargest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills®

QUALITY Iconic, irreplaceable properties in great locations

INVESTMENTActive 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.

THE SIMON EXPERIENCE — WHERE BRANDS & COMMUNITIES COME TOGETHER

PROPERTY OVERVIEW

Information accurate as of 12/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).

PLEASANT PRAIRIE PREMIUM OUTLETS®PLEASANT PRAIRIE, WI

MAJOR METROPOLITAN AREAS

Chicago, IL: 60 miles Milwaukee: 35 miles

RETAIL

GLA (sq. ft.) 403,000; 90 stores

OPENING DATES

Opened 1988 Expanded 2006

PARKING RATIO

5:1

RADIUS POPULATION

15 mile population: 592,891 30 mile population: 1,784,616 45 mile population: 5,936,707

AVERAGE HH INCOME

30 mile average: $91,537

SELECT TENANTS

Ann Taylor Factory Store, Arc’teryx I Salomon, Banana Republic Factory Store, Brooks Brothers Factory Store, Calvin Klein Company Store, Coach Factory Store, Cole Haan Outlet, Express Factory Outlet, Gap Factory Store, HUGO BOSS Factory Store, J.Crew Factory, kate spade new york, LACOSTE Outlet, Michael Kors Outlet, NikeFactoryStore, The North Face, Polo Ralph Lauren Factory Store, UGG® Australia, Under Armour Factory House

TOURISM / TRAFFIC

Pleasant Prairie is an outlet shopping destination that is well established throughout Illinois and Wisconsin. Its prominent position on I-94 brings an average traffic count of 80,000 vehicles passing the center daily. More than 50% of shoppers live in the Chicago/Milwaukee market.

MAJOR ATTRACTIONS

Jelly Belly Visitor’s Center, Six Flags Great America

LOCATION / DIRECTIONS

Pleasant Prairie is conveniently located between Chicago, Illinois and Milwaukee, Wisconsin on I-94 at Exit 347.

— From Chicago: Take I-94W to Exit 347 (Hwy. 165)

— From Milwaukee: Take I-94E to Exit 347 (Hwy. 165)

Rochelle

RockfordBeloit

Fort Atkinson

Wheaton

Evanston

Kenosha

Racine

Oak Creek

Shorewood

NorthChicago

Lake Michigan

LakeGeneva

MadisonMilwaukee

WI

IL

Chicago

43

94

90

39

80

9429

94

94

14

12

18

41

41

20

51

14

Woodstock

PLEASANT PRAIRIE PREMIUM OUTLETSPLEASANT PRAIRIE, WI

I-94

120th AVE.From Metro Milwaukee

Exit to SR 165/104th St.

From SR 165/104th St.

116th AVE.

110th AVE.

120th AV

E.

NORTH

SITE AND PLAN

I-94

Northlake

Long Grove Northbrook

RochelleBatavia Elmhurst

Lee

Schaumburg

East Dundee

Bensenville

Fox River Grove

Steward

Indian Creek

Kaneville

Chemung

McCullom Lake

St Charles

Golf

Maple Park

Hometown

Port Barrington

Valley

Bartlett

Round Lake Heights

Malta

Kenilworth

Loves Park

Prestbury

Knollwood

Highwood

Cherry Valley

Roselle

Capron

Harwood Heights

Union

Shabbona

Third Lake

Garden Prairie

HinsdaleIndian Head ParkHinckley

Holiday Hills

Kingston

Caledonia

Creston

Forest View

Park City

Monroe CenterKirkland

New Milford

Lake Catherine

Waterman

Island Lake

Pistakee Highlands

Barrington Hills

North Riverside

Fox Lake Hills

Broadview

Rosemont

Norridge

Greenwood

Hainesville

Hebron

Elmwood Park

Stickney

go

Lakemoor

Virgil

Barrington

River Grove

Genoa

Lincolnwood

Lily LakeWayne

Algonquin

Justice

Elburn

Hillcrest

Pingree Grove

Cortland

West Dundee

Hanover Park

Lakewood

Riverwoods

Davis Junction

Richmond

Big Rock

Kildeer

Oak Park

Winthrop Harbor

Wood Dale

Marengo

Wilmette

Mettawa

Niles

Glendale Heights

Warrenville

Rolling Meadows

Huntley

Rockton

Prairie Grove

South Beloit

Lake Barrington

Elgin

Inverness

Burlington

Lisle

Park Ridge

Beach Park

South Elgin

North Aurora

Poplar Grove

North Chicago

Oak Brook

Bull Valley

Harvard Antioch

WheelingHampshire

Carol Stream

Wadsworth

Sycamore

Mundelein

GenevaLombard

Roscoe

Wheaton

Belvidere

hesney Park

Woodstock

Palatine

Glenview

Des Plaines

Dekalb Campton Hills

Crystal Lake

Waukegan

Rockford

MichianaNew Bu

Oak CreekMuskego

Hartford

Milwaukee

Columbus

Bayside

North Bay

Genoa City

Cambridge

Cedarburg

Rockdale

Ashippun

Lac La Belle

Clyman

Lebanon

Edgerton

Helenville

Lake Ivanhoe

nover

Reeseville

Butler

Lowell

Thiensville

Turtle Lake

e

Hustisford

West MilwaukeeSullivan

Powers Lake

Lake Lorraine

Palmyra

Potter Lake

Darien

Wilmot

Clinton

Eagle

Wind Point

Silver LakeWalworth

ShorewoodNashotah

Sharon

Marshall

Union Grove

Lannon

St Francis

Waterford

North Prairie

Williams Bay

Whitewater

Fox Point

Eagle Lake

Johnson Creek

Big Bend

Jackson

Paddock Lake

Merton

Browns Lake

Hales Corners

Wales

Elm Grove

Oconomowoc Lakerove

Milton

Bohners Lake

Waterloo

Como

Rome

Sturtevant

Watertown

Lake Mills

East Troy

Pewaukee

Cudahy

South Milwaukee

Grafton

n

Hartland

Slinger

Lauderdale Lakes

GreendaleFort Atkinson

Mukwonago

Delavan

Wind Lake

Sussex

Elkhorn

Oconomowoc

Wauwatosa

Tichigan

Beloit

Rochester Racine

Waukesha

Kenosha

Lake Koshkonong

Pleasant Prairie

Germantown

Janesville

Franklin

New Berlin

12

30

2

4

5

6 7

8

10

11

13

15

16

17

18

19

20

24

25

26

3

21

22

27

28

29

14

9

4

517

22

23

20

12

28

8 18

19

15

16

29

139

11

10

26303

256

24

214

721

27

115 MILES

30 MILES

45 MILES

SURROUNDING AREA CENTERS

1 Pleasant Prairie Premium Outlets®2 Algonquin Commons3 The Arboretum of

South Barrington4 Bayshore Town Center5 Brookfield Square6 Charlestowne Mall7 Clybourn Galleria8 Deer Park Town Center9 Fashion Outlets Chicago10 Glen Town Center11 Golf Mill Shopping Center12 Gurnee Mills13 Harlem Irving Plaza14 Huntley Outlet Center15 Lincolnshire Commons16 Lincolnwood Town Center17 Mayfair Mall18 Northbrook Court19 Randhurst Village20 Regency Mall21 The Shops at North Bridge22 The Shops of Grand Avenue23 Southridge Mall24 Spring Hill Mall25 Stratford Square Mall26 Streets of Woodfield27 Water Tower Place28 Westfield Hawthorn29 Westfield Old Orchard30 Woodfield Mall

Simon CentersCompetition

SURROUNDING AREA CENTERS

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Regency Mall Racine, WI 885,000 sf Boston Store, Burlington 13.5 miles / 18 minutes

Westfield HawthornVernon Hills, IL 1,234,000 sf Carson’s, Macy’s, JCPenney, Sears 19 miles / 25 minutes

Northbrook CourtNorthbrook, IL 1,012,000 sf Lord & Taylor, Macy’s, Neiman Marcus 26 miles / 25 minutes

Mayfair MallWauwatosa, WI 1,070,000 sf

Macy’s, Nordstrom (Opening Fall 2015)Boston Store, AMC Theaters 44 miles / 40 minutes

OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Gurnee Mills®Gurnee, IL 1,918,000 sf

Macy’s, Neiman Marcus Last Call, Saks Fifth Avenue OFF 5TH, Burlington 8 miles / 15 minutes

Huntley Outlet CenterHuntley, IL 279,000 sf 53 miles / 1 hour 20 minutes

Chicago Premium Outlets®Aurora, IL

688,000 sf Saks Fifth Avenue OFF 5TH 75 miles / 1 hour 25 minutes

Johnson Creek Premium Outlets®Johnson Creek, WI 276,000 sf 80 miles / 1 hour 25 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).