GLOUCESTER 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).

MAJOR METROPOLITAN AREAS

Philadelphia, PA: 15 miles Atlantic City: 45 miles

RETAIL

GLA (sq. ft.) 375,000; 90 stores

OPENING DATES

August 2015

PARKING RATIO

5.5:1

RADIUS POPULATION

15 mile population: 1,575,211 30 mile population: 4,658,027 45 mile population: 6,874,601

AVERAGE HH INCOME

30 mile average: $77,929

TOURISM / TRAFFIC

Gloucester Township is a suburb in the Greater Philadelphia Metropolitan Area. Located in Camden County, New Jersey, Gloucester is in the heart of the Delaware Valley, home to more than six million people and the country’s fifth largest metropolitan area. With a gross domestic product of $388 billion, Philadelphia ranks ninth among world cities and fourth in the United States. The Delaware Valley is the headquarters for twelve Fortune 500 corporations and is an important center of biotechnology, commerce, pharmaceuticals, foreign trade, transportation, logistics and manufacturing. Gloucester Township is only 15 miles from Philadelphia and is easily accessed by an extensive network of roads. Traffic counts by the site along the Atlantic City Expressway/State Highway 42 are approximately 109,000 ADT.

MAJOR ATTRACTIONS

Independence Hall, Liberty Bell and other Philadelphia landmarks, Atlantic City casinos & beaches, Battleship New Jersey, Camden Adventure Aquarium, Camden Shipyard & Maritime Museum, Cowtown Rodeo, New Jersey Motorsports Park, Six Flags Great Adventure & Wild Safari, Storybook Land

LOCATION / DIRECTIONS

North/South NJ SH 42 to Exit 7B - College Drive & Cooper Road

— From Philadelphia: I-76 or I-676 (into NJ) becomes SH 42

— From NYC or Wilmington, DE: NJ Turnpike to Exit 3 – South Black Horse Pike

— From Atlantic City: Atlantic City Expressway becomes SH 42

GLOUCESTER PREMIUM OUTLETS®

JOINT VENTURE WITH PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (PREIT)

GLOUCESTER TOWNSHIP, NJ

95

Atlantic City

Philadelphia

GloucesterTownship

295

NJ Turnpike

Atlantic City Expressway

76

55

42

GLOUCESTER PREMIUM OUTLETSGLOUCESTER TOWNSHIP, NJ

Cooper Rd.N

SR 42 / Atlantic City Expwy.

SR 168 / Black Horse Pike

Zim

mer

man

Rd.

College D

r.

GLOUCESTER PREMIUM OUTLETS

DEVELOPMENT KEY

Proposed New Anchors & RetailProposed New Pads

SITE AND PLAN

Stowe

Pomeroy

Topton

Ridley Park

Penn Wynne

Spring City

Adamstown

Haverford College

Cheyney University

Millbourne

Arcadia University

Morgantown

Springmont

stown Centerport

Parkside

East Lansdowne

DeSales University

Montrose Manor

Colwyn

Richlandtown

Lincoln University

Green Lane

Ivyland

South Temple

Hulmeville

Morton

Colony Park

Modena

Lyons

Schwenksville

Trumbauersville

Silverdale

Terre Hill

Honey Brook

Telford

Cornwells Heights

Bechtelsville

Bernville

Langhorne

Hyde Park

Avondale Linwood

Bally

Christiana

Newtown

Dublin

Walnuttown

wn

North Wales

Flying Hills

Devon

Hat�eld

Warminster Heights

Spring Mount

Alburtis

Red Hill

Bridgeport

Leesport

Media

Newtown Grant

Pennsburg

Boyertown

Caln

Ambler

West Conshohocken

Shartlesville

Milford Square

sdorf

Pennside

Coopersburg

East Earl

Reinholds Baumstown

Yardley

burg

Hereforde�erstown

Kennett Square

Cochranville

Virginville

dersburg

New Britain

Oley

WoodbourneFivepointville

Denver

rryville

Malvern

Eagleview

New Hope

Little Britain

Oreland

Evansburg

Goodville

evens

Eagleville

Kenilworth

West Chester

Bristol

Bryn Athyn

Rei�ton

Bowmansville

Oxford

Halfway House

Tullytown

Chester Heights

Trexlertown

Kirkwood

Woxhall

Skippack

wn

Perkasie

Gap

Lansdale

Exton

Sanatoga

West Hamburg

rata

NorristownPhoenixville

New Morgan

la

Chester

Philadelphia

Woodbury

Spring Lake Heights

Berlin

East Franklin

Echelon

Oaklyn

Allenhurst

Westville

Weston

Corbin City

Yardville

Hancocks Bridge

Hi-Nella

Lake Como

Ocean Grove

Ocean Gate

Silver Ridge

North Middletown

Fort Dix

Avon-By-the-SeaFarmingdale

Englishtown

Merchantville

Stockton Blawenburg

Pemberton

Leonardo

Allentown

Strathmere

Oak Valley

Collings Lakes

Cedar Glen Lakes

Swedesboro

Mantoloking

Harlingen

South Bound Brook

Bay Head

Millstone

Robbinsville

Plainsboro Center

Kingston

Elmer

Waretown

Helmetta

Pedricktown

Jamesburg

Surf City

Ellisburg

Quinton

Leisure Knoll

Barnegat LightPenns Grove

Mount Ephraim

Riverton

Pennington

Sewaren

Whittingham

Dover Beaches South

Sea Brig

Brownville

Lawrenceville

Presidential LakesEstates

Flemington

Cedar Glen West

Roebling

Shiloh

Harvey Cedars

Cranbury

Hightstown

Fairview

Medford Lakes

Highlands

Frenchtown

Skillman

Turnersville

Burleigh

Milltown

Margate City

Oakhurst

Woodstown

Gibbstown

Barclay

Madison Park

New�eld

Dover Beaches North

Chesilhurst

Point Pleasant Beach

North Beach Haven

Princeton

Laurel Lake

Mays Landing

Roosevelt

Freehold

Monmouth Be

Dayton

Seabrook Farms

Ramtown

Cedarville

Pitman

Beach Haven

Victory Lakes

Manasquan

Sea Isle City

Ten Mile Run

Pine Lake Park

Franklin Park

Rosenhayn

Olivet

South Amboy

Metuchen

Salem

Pomona

West Long Branc

Fairton

Elwood

Marlton

North�eld

Vista Center

Oceanport

Villas

New Egypt

Avalon

Smithville

Springdale

Morganville

Browns Mills

Lincroft

Perth Amboy

Ocean Acres

West Freehold

Robertsville

Somerset

Bridgeton

Port Norris

Absecon

Pleasantville

Lakewood

Clayton

Belleplain

Williamstown

Buena

Mystic Island

Woodbine

Trenton

Port Republic

Richwood

Brigantine

Forked River

Pennsville

Ocean City

Egg Harbor City

Atlantic City

Hammonton

MillvilleEstell Manor

Vineland

Hartly

Ardencroft

Little Creek

Woodside Magnolia

Viola

KentonLeipsic

Newport

Odessa

Rodney Village

Felton

Smyrna

Elsmere

Townsend

Delaware City

Wilmington Manor

Fdi

Pike Creek

Greenville

Rising Sun-Lebanon

Bear

Newark

Glasgow

TemplevilleMarydel

Millington

Henderson

Galena

e

Cecilton

Kennedyville

Chesapeake City

Church Hill

Goldsboro

Butlertown

Sudlersville

Betterton

on

Rising Sun

own

Charlestown

North EastPort Deposit

Centreville

Kingstown

rdeen

Havre de Grace

Elkton

2314

17

20

29

35

2

3

4

5

6

7

8

10

11

12

16

18

19

21

26

28

3132

34

9

15

25

2730

33

37

39

13

24

38

22

10

23

1 15 MILES

30 MILES

45 MILES

27

1325

1630

8

4

2995

611

3336

24

34

714

26

3 17

222

1819

37

32

21

3112

2015

28

35

SURROUNDING AREA CENTERS

Simon CentersCompetition

SURROUNDING AREA CENTERS

1 Gloucester Premium Outlets®2 Burlington Center Mall3 Cherry Hill Mall4 Christiana Mall5 Concord Mall6 Cumberland Mall7 Deptford Mall8 Exton Square9 Glen Eagle Square10 Granite Run Mall11 Hamilton Mall12 Jackson Premium Outlets13 King of Prussia14 The Mall at Voorhees Town Center15 Market Fair Mall16 Montgomery Mall17 Moorestown Mall18 Neshaminy Mall19 Oxford Valley Mall20 Palmer Square Princeton21 Penn's Purchase Factory22 Philadelphia Mills23 Philadelphia Premium Outlets24 The Pier Shops at Caesars25 Plymouth Meeting Mall26 The Promenade at Sagemore27 Providence Town Center28 Quaker Bridge Mall29 The Shoppes at Brinton Lakes30 Shoppes at English Village31 Shoppes at Hamilton32 The Shops at Valley Square33 Shore Mall34 Springfield Town Center35 Towne Place at Garden State Park36 The Walk37 Willow Grove Park

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Deptford Mall Woodbury, NJ 1,070,000 sf Boscov’s, JCPenney, Macy’s, Sears 5 miles / 8 minutes

The Shoppes at Cross KeysSicklerville, NJ 121,000 sf Banana Republic, Chico’s, LOFT 7 miles / 10 minutes

Voorhees Town CenterVoorhees Township, NJ 732,000 sf Boscov’s, Macy’s 7 miles / 16 minutes

The Promenade at SagemoreMarlton, NJ 265,000 sf The Apple Store, L.L. Bean 11 miles / 23 minutes

Cherry Hill MallCherry Hill, NJ 1,283,000 sf Macy’s, Nordstrom 15 miles / 24 minutes

Streets of MarltonMarlton, NJ 72,000 sf Pottery Barn, Restoration Hardware,

Williams-Sonoma 15 miles / 24 minutes

Moorestown MallMoorestown, NJ 1,046,000 sf Boscov’s, Lord & Taylor, Macy’s, Sears 19 miles / 26 minutes

King of Prussia® King of Prussia, PA 2,623,000 sf Neiman Marcus, Nordstrom, Lord & Taylor,

Bloomingdale’s, Macy’s, JCPenney 34 miles / 48 minutes

OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Philadelphia Mills®Philadelphia, PA 1,777,000 sf Neiman Marcus Last Call,

Saks Fifth Avenue OFF 5TH, JCPenney 31 miles / 44 minutes

Philadelphia Premium Outlets®Limerick, PA 549,000 sf Neiman Marcus Last Call 46 miles / 57 minutes

Jackson Premium Outlets®Jackson, NJ 286,000 sf 52 miles / 1 hour

Tanger Outlets/The Walk Atlantic City, NJ 715,000 sf 55 miles / 1 hour 4 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).