ALBERTVILLE 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).

ALBERTVILLE PREMIUM OUTLETS®

ALBERTVILLE, MN

MAJOR METROPOLITAN AREAS

Minneapolis: 30 miles St. Cloud: 35 miles St. Paul: 40 miles

RETAIL

GLA (sq. ft.) 430,000; 100 stores

OPENING DATES

Opened 2000 Expanded 2001, 2003

PARKING RATIO

5.22:1

RADIUS POPULATION

15 mile population: 306,378 30 mile population: 1,765,199 45 mile population: 3,370,095

AVERAGE HH INCOME

15 mile average: $92,76730 mile average: $85,538

SELECT TENANTS

adidas, Aéropostale Outlet, ALDO, American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, BCBGMAXAZRIA, BOSE Factory Store, Calvin Klein Company Store, Coach, Coach Men’s, Columbia Sportswear, Eddie Bauer Outlet, Gap Factory Store, GUESS Factory Store, Kenneth Cole Company Store, LOFT Outlet, Lucky Brand Outlet, lululemon athletica, Michael Kors Outlet, Nautica Outlet, NikeFactoryStore, Polo Ralph Lauren Factory Store, Puma, Talbots Outlet, Tommy Hilfiger Company Store, UGG® Australia, Under Armour Factory House

TOURISM / TRAFFIC

The center benefits from high visibility along I-94, the major interstate that runs through Minnesota. In addition, just six hours from the border, the center also enjoys an influx of Canadian shoppers.

MAJOR ATTRACTIONS

Thirty minutes from Minneapolis where there are major attractions, broadway theatres, sports arenas and restaurants. Minnesota is the land of 10,000 lakes and many outdoor activities.

LOCATION / DIRECTIONS

I-94 at Hwy. 19, 30 miles northwest of Minneapolis and 35 miles southeast of St. Cloud, Exit 201

MonticelloElk River

169

19

47

Albertville

10

394

494

94

694

35

12

10 94

St. Cloud

St. PaulMinneapolis

ALBERTVILLE PREMIUM OUTLETSALBERTVILLE, MN

I-94

From MetroMinneapolis-St. Paul

LABEAUX AVE. NE

67TH ST.

NO

RTH

SITE AND PLAN

LABEA

UX

AV

E. NE

I-94

Columbus

Medina

Hugo

Shorewood

Swanville

Spring Lake Park

Dayton

Clearwater

Biscay

White Bear Lake

Landfall

Braham

Hilltop

Bock

New Trier

Henry

Hamburg

Chanhassen

Mendota

Loretto

Henriette

Rockford

Royalton

Cottage Grove

Medicine Lake

Plato

Grey Eagle

Cedar Mills

St Rosa

St Marys PointSilver Lake

BrowntonHastings

Lauderdale

St Francis

St Anthony

Gilman

Stanch�eld

ew Munich

Kingston

Burtrum

Greenwood

Spring Park

Center City

South Haven

Bu�alo Lake

Eden Valley

Roscoe

New Auburn

Lexington

Quamba

Grove City

ll

Osseo

Lakeland Shores

Watkins

Holdingford

Stewart

St Martin

Pease

Lester Prairie

Gibbon

Lilydale

Long Lake

Pine Springs

Bethel

Ogilvie

Ronneby

Clear Lake

Vermillion

Grasston

Buckman

Brook Park

Randolph

Richmond

Green Isle

St Bonifacius

Cosmos

HendersonWinthrop

Maple Plain

Sartell

Freeport

Bowlus

Fairfax

Princeton

Mayer

Coates

Foreston

Avon

Cokato

Kimball

Hector

New Prague

Arlington

Silver Creek

Gaylord

Martin Lake

Dassel

Bayport

Winsted

Miesville

Cologne

Howard Lake

Fairhaven

Hanover

Darwin

Albany

Maple Lake

Paynesville

Centerville

Foley

Watertown

Dellwood

Robbinsdale

Annandale

North St Paul

Montrose

Jordan

Stacy

Glencoe

Upsala

Elko New Market

Milaca

e

Elmdale

St Cloud

Zimmerman

St Paul Park

St Joseph

St Stephen

Newport

Pine City

Delano

Hopkins

Carver

Marine on St Croix

Sobieski

Rush City

Taylors Falls

CannonFalls

Waconia

Albertville

Isanti

Mora

Litch�eld

Rice

Belle Plaine

Sauk Rapids

Rich�eld

Flensburg

Anoka

Cambridge

Big Lake

Stillwater

Rogers Champlin

Monticello

Waite Park

Hutchinson

Bu�alo

Arden Hills

Victoria

St Louis Park

Fridley

Becker

Oakdale

Roseville

Chisago City

Farmington

Edina

SavageApple Valley

Chaska

Prior Lake

Harris

Green�eld

Grant

BurnsvilleShakopee

Ramsey

St AugustaRockville

Otsego

Eagan

Blaine

Andover

Oak Grove

Rosemount

Nowthen

Eden Prairie

Plymouth

Forest Lake

Woodbury

Ham Lake

North Branch

Corcoran

St Michael

Bloomington

Scandia

Red Wing

Rock Creek

Elk River

East Bethel

St Paul

Minneapolis

Centuria

M

Diamond Blu�

Dresser

Star P

Roberts

North Hudson

River Falls

Somerset

Grantsburg

Osceola

Ne

12

3

1

15 MILES

30 MILES

45 MILES

10

138

9

611

4 5

2

14

715

10

94

169

12

212

16952

94

694

35E

494

35E

35W

35

l

SURROUNDING AREA CENTERS

■ Simon Centers■ Competition

1 Albertville Premium Outlets®

2 Burnsville Center 3 Crossroads Center 4 Eden Prairie Center 5 Galleria 6 Gaviidae Common 7 Mall of America 8 Maplewood Mall 9 North Branch Outlets 10 Northtown Mall 11 Ridgedale Center 12 Riverdale Village 13 Rosedale Center 14 Southdale Center 15 Twin Cities Premium Outlets

SURROUNDING AREA CENTERS

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

The Shoppes at Arbor Lakes Maple Grove, MN 411,000 sf Banana Republic, P.F. Chang’s, PacSun,

Victoria’s Secret 15 miles / 20 minutes

Ridgedale CenterMinnetonka, MN 1,036,000 sf JCPenney, Macy’s, Sears 29 miles / 24 minutes

Southdale Center® Edina, MN 1,258,000 sf Herberger’s, Macy’s, JCPenney 33 miles / 41 minutes

Crossroads Center St. Cloud, MN 800,000 sf JCPenney, Macy’s, Sears, Target 35 miles / 40 minutes

Mall of America Bloomington, MN 2,774,000 sf Macy’s, Nordstrom, Sears 38 miles / 42 minutes

Maplewood Mall® Maplewood, MN 908,000 sf Macy’s, JCPenney, Sears, Kohl’s,

Barnes & Noble44 miles / 50 minutes

OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME

Twin Cities Premium Outlets® Eagan, MN 409,000 sf 49 miles / 1 hour 2 minutes

North Branch Outlets North Branch, MN 144,000 sf 64 miles / 1 hour 8 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).