LEESBURG CORNER 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).

LEESBURG CORNER PREMIUM OUTLETS®

LEESBURG, VA

MAJOR METROPOLITAN AREAS

Tysons Corner: 23 milesWashington, D.C.: 35 milesBaltimore, MD: 75 miles

RETAIL

GLA (sq. ft.) 518,000; 110 stores

OPENING DATES

Opened 1998Expanded 1999, 2000

PARKING RATIO

5.4:1

RADIUS POPULATION

15 mile population: 556,586 30 mile population: 3,333,598 45 mile population: 6,495,401

AVERAGE HH INCOME

30 mile average: $119,145

SELECT TENANTS

Saks Fifth Avenue OFF 5TH, adidas, Ann Taylor Factory Store, Armani Outlet, Banana Republic Factory Store, Barneys New York Warehouse, Brooks Brothers Factory Store, Burberry, Calvin Klein Company Store, Coach Factory Outlet, DKNY Company Store, Elie Tahari Outlet, HUGO BOSS Factory Store, J.Crew Factory, Jones New York, kate spade new york, LACOSTE Outlet, Michael Kors Outlet, Nautica, NikeFactoryStore, Polo Ralph Lauren Factory Store, Restoration Hardware Outlet, Theory, Tommy Hilfiger Company Store, True Religion

TOURISM / TRAFFIC

Located in Loudoun County, which has the highest Median Household Income in the United States. Fairfax County, which is next door, has the 2nd highest.

The average daily traffic on Rte. 7 is 46,000. The average daily count on the U.S. highway bypass south of Rte. 7 is 26,000; north of Rte. 7 is 8,500.

LOCATION / DIRECTIONS

The intersection of Rte. 7 and Rte. 15 within a short distance from Washington, D.C. and Baltimore, Maryland.

— From Washington, D.C. (Metro Area): I-495 to Rte. 267W (Dulles Toll Rd./Greenway), Exit 1B to Rte. 15N, follow signs leading to Fort Evans Rd. Exit (in far right lane)

66 95

270

WashingtonDC

Alexandria

Rockville Bal

timor

e

Frederick

DullesGreenway

Potom acRiver

267DullesAirport

7

7

28

15

15

50

495

7

Dulles G

reenwayr

Take 2nd rightExit 15N

Exit 1B

Fort Evans Rd.

15

15 (Bypass)

Leesburg

Sycollin R d. 95

107

28

GaithersburgWhite'sFerry

Arlington

Leesburg

LEESBURG CORNER PREMIUM OUTLETSLEESBURG, VA

SR 773 / FT. EVANS RD. US 15 / LEESBURG BY-PASS

SR 7 / E. MARKET ST.

POTOMAC STATION DR.

NO

RTH

SITE AND PLAN

SR 773 / FT. EVAN

S RD.

US 15 / LEESBURG BY-PASS

POTOMAC STATION DR.

Martinsburg

Ranson

Shannondale

Inwood

Falling Waters

Middleway

Shenandoah JunctionBolivar

Shepherdstown

Charles Town

Paw Paw

Bath (Berkeley Springs)

Wardensville

ld

Capon Bridge

een Spring

Arlington

Culpeper

Alexandria

Buckhall

Occoquan

Quantico

Shenandoah Farms

Toms Brook

Madison

Remington

Hamilton

The Plains

Clifton

Washington

Chester Gap

Boyce

Round Hill

Haymarket

Quantico Base

Edinburg

Middletown

University Center

Lovettsville

Sperryville

MiddleburgShenandoah Shores

Huntington

Stanley

Pimmit Hills

Dumfries

Greenbriar

Bull Run Mountain EstatesApple Mountain Lake

Flint Hill

Loudoun Valley Estates

Sugarland Run

arket

Bailey's Crossroads

McNair

Woodbridge

Crosspointe

Arcola

Berryville

henandoah

Woodlawn

Fair Lakes

Stephens City

Long Branch

South Runt Jackson

Triangle

Elkton

Aquia Harbour

Opal

Catlett

BroadlandsStrasburg

Woodstock

Midland

Lansdowne

Warrenton

Calverton

Luray

Neabsco

Franklin Farm

Brightwood

Fairfax

Shawneeland

MarumscoIndependent Hill

Fort Belvoir

Winchester

Nokesville

Oakton

Wolf Trap

Manassas

Gainesville

New Baltimore

Leesburg

Pikesville

Catonsville

Chevy Chase

Baltimore

Towson

Bakersville

Highland Bea

Eakles Mill

Big PoolIndian Springs

Glen EchoNorth Brentwood

Eagle Harbor

Reid

Oldtown

Brookeville

Port Tobacco Village

Charlton

Benedict

Cearfoss

GaplandYarrowsburg

Garrett Park

Fairmount Heights

Ringgold

Pondsville

Rohrersville

Mercersville

Washington Grove

North Beach

Breathedsville

Funkstown

FlintstoneEdgemont

Upper MarlboroForest Heights

Barnesville

Bagtown

Rosemont

Pecktonville

Derwood

p

Berwyn Heights

Hillandale

Woodsboro

Broomes Island

New Windsor

Capitol Heights

Chewsville

Calvert Beach

Naval Academy

Myersville

Laytonsville

Union Bridge

Indian Head

North Laurel

Cheverly

Silver Hill

Mount Airy

EmmitsburgSabillasville

Buckeystown

Spencerville

Sykesville

New Carrollton

Grove

LayhillArden on the Severn

Galesville

Jessup

Friendship

Lutherville

Monrovia

Manchester

Libertytown

Highland

Cape St Cl

BartonsvilleSpring Ridge

Hancock

Glenmont

Chesapeake Beach

Pomfret

Riva

Taneytown

Thurmont

Garrison

Hampstead

Adamstown

Riviera Beach

Lusb

Prince Frederick

Poolesville

Ferndale

Marlboro Village

Bryantown

Laurel

Pleas

Golden Beach

Braddock Heights

P

Friendly

Fairland

Crownsville

Reisterstown

White Mars

Timonium

Rossville

Linthicum

Mechanicsville

Deale

Marlton

St James

Bowle

Westminster

Woodmore

Oxon Hill

Carney

Dunkirk

La Plata

Gambrills

Clarksburg

Huntingtown

Queen Anne

Jarrettsville

Mayo

Kings

Ilchester

Cockeysville

Damascus

Cedarville

Brock Hall

Rockville

Fallston

Bryans Road

Germantown

Travilah

Dundalk

Lake ShoreDarnestown

Severn

Bowie

Edgemer

Brandywine

Aquasco

Frederick

Potomac

Accokeek

Ellicott City

Columbia

Waldorf

Eldersburg

Abbottstown

Fawn Gro

Midway

GrantleyTable Rock

Rainsburg

Orrtanna

YoeMcConnellsburg

Needmore

New Salem

Mont Alto

Hampton

FeltonNew Oxford

Biglerville

RailroadRouzerville

Pennville Glen Rock

Stewartstown

McKnightstown

Lake Heritage

Jacobus

MercersburgLoganville

Guilford

Littlestown

Greencastle

Gettysburg Cross Roads

Marion

State LineWaynesboro Carroll Valley

2 3

134

5

67

10

1112

14

15

17

18

21

22

23

24

25

26

27

29

19

20

28

31

3233

34

35

36

37

3839

41

8

16

30

2

17

30 12

1110

3215

317

8

22

13

33

34 35

24

3

52928

1423

626

920

164

27

19

21

25

18

12

17

30 12

1110

3215

317

8

22

13

33

34 35

24

3

52928

1423

626

920

164

27

19

21

25

18

1115 MILES

30 MILES

45 MILES

SURROUNDING AREA CENTERS

1 Leesburg Corner Premium Outlets2 Apple Blossom Mall3 Arundel Mills4 Ballston Common Mall5 Bowie Town Center6 CityCenterDC7 Dulles Town Center8 Fair Oaks Mall9 Fashion Centre at Pentagon City10 Francis Scott Key Mall11 Frederick Towne Mall12 Hagerstown Premium Outlets13 Lakeforest Mall14 Landmark Mall15 Manassas Mall16 Market Common Clarendon17 Martinsburg Mall18 Mazza Gallerie19 Owings Mills Mall20 Pentagon Row21 Security Square Mall22 Springfield Town Center23 Tanger National Harbor24 The Mall at Prince Georges25 The Mall in Columbia26 The Shops at Georgetown Park27 TownMall of Westminster28 Tysons Corner Center29 Tysons Galleria30 Valley Mall31 Village at Leesburg32 Virginia Gateway33 Washingtonian Center34 Westfield Montgomery35 Westfield Wheaton

Simon CentersCompetition

SURROUNDING AREA CENTERS

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Dulles Town Center Sterling, VA 1,400,000 sf JCPenney, Lord & Taylor, Macy’s, Nordstrom,

Sears 10 miles / 15 minutes

Fair Oaks Mall Fairfax, VA 1,400,000 sf JCPenney, Lord & Taylor, Macy’s, Sears 23 miles / 30 minutes

Tysons Galleria McLean, VA 800,000 sf Macy’s, Neiman Marcus, Saks Fifth Avenue 23 miles / 40 minutes

Tysons Corner Center McLean, VA 1,900,000 sf Bloomingdale’s, Lord & Taylor, Macy’s,

Nordstrom 23 miles / 40 minutes

Francis Scott Key Mall Frederick, MD 706,000 sf JCPenney, Macy’s, Sears, Value City 26 miles / 40 minutes

Manassas Mall Manassas, VA 825,000 sf JCPenney, Macy’s, Sears 32 miles / 45 minutes

Montgomery Mall® Bethesda, MD 1,251,000 sf Macy’s, Nordstrom, Sears 33 miles / 50 minutes

Ballston Common Mall Arlington, VA 489,000 sf Macy’s 35 miles / 45 minutes

Fashion Centre at Pentagon City Expansion Opening Spring 2016Arlington, VA

990,000 sf50,000 sf Nordstrom, Macy’s 40 miles / 50 minutes

Landmark Mall Alexandria, VA 957,000 sf Macy’s, Sears 45 miles / 1 hour

Lakeforest Mall Gaithersburg, MD 1,116,000 sf JCPenney, Lord & Taylor, Macy’s, Sears 45 miles / 1 hour

OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Hagerstown Premium Outlets® Hagerstown, MD 485,000 sf 47 miles / 54 minutes

Potomac Mills® Prince William, VA 1,526,000 sf Saks Fifth Avenue OFF 5TH 50 miles / 1 hour 10 minutes

Gettysburg Village Factory Stores Gettysburg, PA 260,000 sf 60 miles / 1 hour 15 minutes

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

Saks Fifth Avenue OFF 5TH 70 miles / 1 hour 15 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).