CLARKSBURG, MARYLAND

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1 CLARKSBURG, MARYLAND

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3 PROPERTY OVERVIEW CLARKSBURG PREMIUM OUTLETS JOINT VENTURE WITH NEW ENGLAND DEVELOPMENT CLARKSBURG, MD MAJOR METROPOLITAN AREAS Baltimore: 47 miles Washington, D.C.: 34 miles RETAIL GLA (sq. ft.) 390,000; 90 stores OPENING DATES Opened October 2016 RADIUS POPULATION 15 miles: 737, miles: 4,390, miles: 8,138,008 AVERAGE HH INCOME 30 miles: $131,863 SELECT TENANTS Saks Fifth Avenue OFF 5TH, Armani, Banana Republic Factory Store, Coach, kate spade new york, Michael Kors, Nike Factory Store, Polo Ralph Lauren Factory Store, Salvatore Ferragamo, Steve Madden, Theory, Tory Burch, Under Armour TOURISM / TRAFFIC A LEED certi ed center and the rst bi-level Premium Outlets in the United States, Clarksburg Premium Outlets is located in the very a uent and densely populated Washington, D.C. suburbs of Montgomery County, MD. The county has a population of over one million people, and is the 10th wealthiest county in the U.S., 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 20.2 million tourists in 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. In a 30-mile radius of the site, over 36% of the households earn over $150,000. In addition to being in the Washington, D.C. metro area, the site is within an hour s drive of Baltimore. The center is also within a 45-minute drive from the Washington D.C. area's three international airports. CLARKSBURG PREMIUM OUTLETS CLARKSBURG, MD Information as of 5/1/18. Source: SPG Research; trade area demographic information per STI: PopStats (2017). LOCATION / DIRECTIONS Exit 18 on Interstate 270, in the southwest quadrant of I-270 and Clarksburg Rd. (Rte. 121).

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7 OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Lakeforest Mall Gaithersburg, MD 1,045,000 sf Macy s, Lord & Taylor, Sears, JCPenney 9 miles / 14 minutes Washingtonian Center Gaithersburg, MD 760,000 sf Dick s Sporting Goods, Kohl s, Target 10 miles / 14 minutes Westview Promenade Frederick, MD 200,000 sf Chico s, LOFT, White House Black Market 14 miles / 15 minutes Francis Scott Key Mall Frederick, MD 711,000 sf Macy s, Sears, JCPenney 14 miles / 16 minutes West eld Montgomery Bethesda, MD 1,223,000 sf Nordstrom, Macy s, Macy s Home, Sears 17 miles / 18 minutes Congressional Plaza Rockville, MD 329,000 sf buybuy BABY, The Children s Place, The Container Store, Neiman Marcus Last Call 17 miles / 24 minutes The Collection at Chevy Chase Chevy Chase, MD 100,000 sf Bvlgari, Cartier, Christian Dior, Gucci, Jimmy Choo, Louis Vuitton 24 miles / 28 minutes West eld Wheaton Wheaton, MD 1,650,000 sf Dick s Sporting Goods, JCPenney, Macy s, Target 24 miles / 31 minutes Tysons Corner Center Tysons 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 Macy s, Neiman Marcus, Saks Fifth Avenue 27 miles / 40 minutes Fashion Centre at Pentagon City Arlington, VA 1,038,000 sf Macy s, Nordstrom 35 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 478,000 sf Saks Fifth Avenue OFF 5TH 39 miles / 59 minutes Arundel Mills Hanover, MD 1,664,000 sf Neiman Marcus Last Call, Saks Fifth Avenue OFF 5TH 44 miles / 49 minutes

8 60 Columbia Road Building B 3rd Floor Morristown, NJ (973) 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).

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