WAIKELE 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 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).

WAIKELE PREMIUM OUTLETS®

WAIPAHU, HI

MAJOR METROPOLITAN AREA

Honolulu: 15 miles

RETAIL

GLA (sq. ft.) 216,000; 50 stores

OPENING DATES

Opened 1994

PARKING RATIO

3.5:1

RADIUS POPULATION

15 mile population: 797,199 30 mile population: 986,804

AVERAGE HH INCOME

30 mile average: $89,488

SELECT TENANTS

Saks Fifth Avenue OFF 5TH, adidas, AlX Armani Exchange, Banana Republic Factory Store, Barneys New York Warehouse, BCBGMAXAZRIA, Calvin Klein Company Store, Coach, GUESS Factory Store, LeSportsac, Michael Kors Outlet, Nine West Outlet, OshKosh B’gosh, Polo Ralph Lauren Factory Store, SKECHERS USA, Tommy Bahama, Tommy Hilfiger Company Store, True Religion, Tumi

TOURISM / TRAFFIC

Over 6.5 million visitors come to Hawaii annually. Oahu leads all other islands in attracting the most visitors (est. 3.4 million). Seventy-two percent of visitors are westbound and stay an average of 10.5 days. Eastbound visitors stay an average of 6.1 days. Waikele Premium Outlets is a popular prepackaged shopping tour stop for Japanese visitors.

LOCATION / DIRECTIONS

Waikele Premium Outlets is located in “Central Oahu,” Waipahu, Hawaii at 94-790 Lumiaina Street, 15 miles northwest of Honolulu directly off Oahu H-1, Exit 7.

Pearl City

CrestviewPaiw

a St

Exit 7

Exit 7

Exit 8C

Waipahu

Waipahu St

H-2H-1

90

99

Lum

iauau St

Lumiaina St

Kameham

eha Hwy

Farrington Hwy

to Honolulu

HonoluluWaikiki

WaikelePremium Outlets

WAIKELE PREMIUM OUTLETSWAIPAHU, HI

SITE AND PLAN

LUMIAINA STREET

HIGHWAY 1

LUMIAINA STREET

Kalaeloa

West Loch Estate

Iroquois Point

Whitmore Village

Waipio Acres

Ko Olina Ewa Villages

Waipio

Kaaawa

Aiea

Ewa Beach

Kawela Bay

Maunawili

Hauula

Waimalu

Punaluu

Ocean Pointe

Laie

Kahuku

Wheeler AFB

Wahiawa

Waialua

Halawa

Mokuleia

Ahuimanu

Maili

Waipahu

Waimanalo Beach

Haleiwa

Royal KuniaHeeia

Makakilo

Mililani Town

Mililani Mauka

Kapolei

Makaha Valley

Waimanalo

KahaluuMakaha

Kaneohe Station

Pupukea

Nanakuli

Waianae

Waikane

KaneohePearl City

Kailua

East Honolulu

Urban Honolulu

23 4

5

67

8

9

5

9

8 2 7 36 4

1

15 MILES

SURROUNDING AREA CENTERS

1 Waikele Premium Outlets®

2 Ala Moana Center3 International Marketplace4 Kahala Mall5 Pearlridge Center6 Royal Hawaiian Center7 Waikiki Beach Walk8 Ward Center9 Windward Mall

Simon CentersCompetition

SURROUNDING AREA CENTERS

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Pearlridge Center Aiea, HI 1,400,000 sf Macy’s, Sears 7 miles / 10 minutes

Ala Moana Center Honolulu, HI 1,800,000 sf Macy’s, Neiman Marcus, Nordstrom,

Shirokiya 15 miles / 20 minutes

Royal Hawaiian Center Honolulu, HI 280,000 sf Boutiques 17 miles / 20 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).