CLARKSBURG 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).

MAJOR METROPOLITAN AREAS

Baltimore: 47 miles Washington, D.C.: 34 miles

RETAIL

Phase I: GLA (sq. ft.) 400,000; 100 stores

OPENING DATES

Opening 2016

RADIUS POPULATION

15 mile population: 702,270 30 mile population: 4,246,203 45 mile population: 8,013,661

AVERAGE HH INCOME

30 mile population: $111,817

TOURISM / TRAFFIC

Clarksburg is located in the very affluent and densely populated Washington, D.C. suburbs of Montgomery County, MD. Montgomery County has a population of over one million people, and is the 10th wealthiest county in the U.S. It is the second wealthiest county in the U.S. of counties with over one million people. Additionally, the site is within 30 miles of four of the top ten wealthiest counties in the U.S. (Montgomery, Howard, Loudoun and Fairfax). Montgomery County borders the nation’s capital of Washington, D.C., which had approximately 19 million tourists in 2013. The site is located on the I-270 Technology Corridor (a 12-lane highway), a hub for federal government agencies such as National Institute of Health, National Cancer Institute, National Institute for Standards and Technology, Department of Energy and Department of Health and Human Services. Maryland’s I-270 Technology Corridor hosts 300,000 workers and 18,000 information and biotechnology businesses and is one of the largest high-tech and biotech business hubs in the world. Companies such as Lockheed Martin, Human Genome Sciences, Digene, Medimune, Ciena Corporation, Johns Hopkins University Applied Physics Laboratory and GeneLogic are based here, as well as other Fortune 500 companies such as Marriott International, Host Hotels and Coventry Health Care. In a 30-mile radius of the site, the average household income is $111,817, with over 36% of the households earning over $150,000. There are eight million people within 45 miles. In addition to being in the Washington, D.C. metro area, the site is within an hour’s drive of Baltimore.

LOCATION / DIRECTIONS

Exit 18 on Interstate 270, in the southwest quadrant of I-270 and Clarksburg Rd. (Rte. 121).

CLARKSBURG PREMIUM OUTLETS®

JOINT VENTURE WITH NEW ENGLAND DEVELOPMENT

CLARKSBURG, MD

Clarksburg

Columbia270

95

70

Frederick

Baltimore

Washington

CLARKSBURG PREMIUM OUTLETSCLARKSBURG, MD

N

CLARKSB

URG RD.

SR 12

1

CABINBRANCH RD.

I-270

EXIT 18

Proposed Connectorto I-270 S

SR 121 / CLARKSB

URG RD

.

SITE AND PLAN

DEVELOPMENT KEY

Proposed New 1-Level RetailProposed New 2-Level Retail

(LOWER STREET LEVEL)

(UPPER STREET LEVEL)

N

CLARKSB

URG RD.

I-270

Martinsburg

Ranson

Shannondale

Inwood

Falling WatersHedgesville

Middleway

Shenandoah Junction

Bolivar

Shepherdstown

Charles Town

(Berkeley Springs)

Arlington

Alexandria

Buckhall

Occoquan

Shenandoah Farms

Hamilton

The Plains

Clifton

Washington

Chester Gap

Boyce

Round Hill

Haymarket

letown

University Center

Lovettsville

Sperryville

MiddleburgShenandoah Shores

Huntington

Moore�eld Station

Kings Park

Hay�eld

Pimmit Hills

Dumfries

Greenbriar

Bull Run Mountain EstatesApple Mountain Lake

Flint Hill

Loudoun Valley Estates

Sugarland Run

Bailey's Crossroads

McNair

Woodbridge

Crosspointe

Arcola

Berryville

Woodlawn

Mantua

Dunn Loring

Fair Lakes

Stephens City

Long Branch

South Run

Merri�eld

Floris

Til

Opal

Catlett

Broadlands

ay

Dranesville

Midland

Lansdowne

WarrentonLaurel Hill

Calverton

Neabsco

Franklin Farm

West Spring�eld

Mount Vernon

MarumscoIndependent Hill

Winchester

Nokesville

Wolf Trap

Manassas

Gainesville

New Baltimore

Leesburg

Linton Hall

McLean

Great Falls

Pikesville

Catonsville

Chevy Chase

Baltimore

Towson

Takoma Park

Bakersville

Highland Beach

Eakles Mill

Big PoolIndian Springs

Glen Echo

North Brentwood

Eagle Harbor

Reid

Brookeville

Charlton

Cearfoss

Gapland

Yarrowsburg

Garrett Park

Fairmount Heights

Ringgold

Pondsville

Chevy Chase View

Rohrersville

Mercersville

Washington Grove

North Beach

Breathedsville

Funkstown

Edgemont

Upper MarlboroForest Heights

Barnesville

Colmar Manor

Bagtown

Rosemont

Morningside

Garretts Mill

Pecktonville

Derwood

Berwyn Heights

Hillandale

WoodsboroNew Windsor

Capitol Heights

Chewsville

New Market

Naval Academy

District Heights

Myersville

Laytonsville

Union Bridge

Williamsport

Indian Head

North Laurel

Silver Hill

Mount Airy

EmmitsburgSabillasville

Buckeystown

Spencerville

Sykesville

New Carrollton

LayhillArden on the Severn

Galesville

Jessup

Leitersburg

Friendship

Je�erson

Lutherville

Monrovia

Manchester

Libertytown

Highland

Cape St Claire

Spring Ridge

Hancock

Glenmont

Chesapeake Beach

Pomfret

Tilghman

Riva

Bel Air

Overlea

Taneytown

Thurmont

Garrison

Hampstead

Adamstown

Riviera Beach

Fairwood

White Oak

FultonPoolesville

FerndaleMontgomery Village

Bt

Walkersville

Laurel

Pleasant Hills

Braddock Heights

Pylesville

Wilson-Conococheague

Queenland

Friendly

Fairland

Mitchellville

Crownsville

Reisterstown

White Marsh

Timonium

Linthicum

Kettering

Deale

Marlton

St James

Bowleys Quarters

Marlboro Meadows

Arbutus

Steven

Westminster

Oxon Hill

Crofton

Urbana

Carney

Rosedale

Dunkirk

Joppatow

GambrillsFort Meade

South Laurel

Clarksburg

Huntingtown

Elkridge

Queen Anne

Jarrettsville

Mayo

Kingsville

Ilchester

Ballenger Creek

Cockeysville

Damascus

Cedarville

Brock Hall

Rockville

Fallston

Bryans Road

Bel Air

Olney

Travilah

Dundalk

Lake ShoreDarnestown

Severn

Edgemere

Brandywine

Aquasco

Frederick

Potomac

BadenAccokeek

Ellicott City

Columbia

Waldorf

Eldersburg

Abbottstown

Fawn Grove

Midway

Table Rock

Orrtanna

Yoe

Delt

Needmore

New SalemWindsor

Mont AltoFeltonNew Oxford

Railroad

Fair�eld

Blue Ridge Summit

Pennville

Spring Grove

Glen Rock

Stewartstown

McKnightstown

Lake Heritage

Jacobus

MercersburgLoganville

Guilford

Littlestown

Greencastle

Gettysburg

Hunterstown

Cross Roads

Marion

Wayne HeightsState Line

Susquehanna TCarroll Valley

3

13

34

2

4

5

67

9

1112

14

10

18

19

24

25

26

28

29

30

32

33

37

38

22

23

36

40

41

4243

32

47

4951

52

4535

55

8

21

11

39

32

115 MILES

30 MILES

45 MILES

11

109

13

6

12

3316

2426

7

2725

3130

41723

8

35

19

36

145

342

183

15

22

20

2937

28

21

SURROUNDING AREA CENTERS

Simon CentersCompetition

SURROUNDING AREA CENTERS

1 Clarksburg Premium Outlets®2 Annapolis Towne Centre at Parole3 Arundel Mills4 Ballston Common Mall5 Bowie Town Center6 Dulles Town Center7 Fair Oaks Mall8 Fashion Centre at Pentagon9 Francis Scott Key Mall10 Frederick Towne Mall11 Hagerstown Premium Outlets12 Lakeforest Mall13 Leesburg Corner Premium Outlets14 The Mall at Prince Georges15 The Mall in Columbia16 Manassas Mall17 Market Common Clarendon18 Marley Station19 Mazza Gallerie20 Mondawmin Mall21 North Hanover Mall22 Owings Mills Mall23 Pentagon Row24 Potomac Mills25 Springfield Town Center26 Stonebridge at Potomac Center27 Tanger National Harbor28 TownMall of Westminster29 Towson Town Center30 Tysons Corner Center31 Tysons Galleria32 Valley Mall33 Virginia Gateway34 Westfield Annapolis35 Westfield Montgomery36 Westfield Wheaton37 White Marsh Mall

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Lakeforest MallGaithersburg, MD 1,045,000 sf Macy’s, Lord & Taylor, Sears, JCPenney 9 miles / 14 minutes

Washingtonian CenterGaithersburg, MD 760,000 sf Dick’s Sporting Goods, Kohl’s, Target 10 miles / 14 minutes

Westview PromenadeFrederick, MD 200,000 sf Chico’s, LOFT, White House | Black Market 14 miles / 15 minutes

Francis Scott Key MallFrederick, MD 711,000 sf Macy’s, Sears, JCPenney 14 miles / 16 minutes

Westfield MontgomeryBethesda, MD 1,223,000 sf Nordstrom, Macy’s, Macy’s Home, Sears 17 miles / 18 minutes

Congressional PlazaRockville, MD 329,000 sf buybuy Baby, The Children’s Place, The

Container Store, Neiman Marcus Last Call 17 miles / 24 minutes

White Flint MallNorth Bethesda, MD 800,000 sf Lord & Taylor 19 miles / 24 minutes

The Collection at Chevy ChaseChevy Chase, MD 100,000 sf Bulgari, Cartier, Christian Dior, Gucci,

Jimmy Choo, Louis Vuitton 24 miles / 28 minutes

Westfield WheatonWheaton, MD 1,650,000 sf Dick’s Sporting Goods, JCPenney, Macy’s,

Target 24 miles / 31 minutes

Tysons Corner CenterTysons Corner, VA 2,400,000 sf Nordstrom, Bloomingdale’s, Macy’s,

Lord & Taylor 27 miles / 40 minutes

Tysons Galleria Tysons Corner, VA 824,000 sf Macys, Neiman Marcus, Saks Fifth Avenue 27 miles / 40 minutes

OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Hagerstown Premium Outlets®Hagerstown, MD 485,000 sf 39 miles / 39 minutes

Leesburg Corner Premium Outlets®Leesburg, VA 518,000 sf Saks Fifth Avenue OFF 5TH 39 miles / 59 minutes

Arundel Mills®Hanover, MD 1,658,000 sf Neiman Marcus Last Call,

Saks Fifth Avenue OFF 5TH 44 miles / 49 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).