WATERLOO 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

WATERLOO PREMIUM OUTLETS®

WATERLOO, NY

MAJOR METROPOLITAN AREAS

Rochester: 45 miles Syracuse: 45 miles

RETAIL

GLA (sq. ft.) 418,000; 100 stores

OPENING DATES

Opened 1995 Expanded 2005

PARKING RATIO

5:1

RADIUS POPULATION

15 mile population: 94,251 30 mile population: 364,219 45 mile population: 1,629,910

AVERAGE HH INCOME

30 mile average: $70,147

SELECT TENANTS

Ann Taylor Factory Store, Banana Republic Factory Store, BCBGMAXAZRIA, Brooks Brothers Factory Store, Calvin Klein Company Store, Coach, Eddie Bauer Outlet, Gap Factory Store, GUESS Factory Store, J.Crew Factory, Nautica, NikeFactoryStore, Old Navy Outlet, Polo Ralph Lauren Factory Store, Puma, Timberland, Tommy Hilfiger Company Store, Under Armour Factory House

TOURISM / TRAFFIC

This center is situated in New York’s scenic, four-season Finger Lakes resort area. The Finger Lakes region is a regional and national tourist destination for skiing, boating, sailing and fishing enthusiasts. The center is near more than 100 wineries located throughout the region. Area attractions include the National Women’s Hall of Fame and Women’s Rights National Historic Park in Seneca Falls, the Corning Museum of Glass in Corning, and Watkins Glen Gorge and State Park. Approximately two million people reside within a 60-mile radius of the center. Over eight million tourists visit the Finger Lakes region each year.

LOCATIONS / DIRECTIONS

On Rte. 318 off the New York State Thruway (I-90) between Exits 41 & 42, Waterloo, New York.

— From Syracuse: Take the New York State Thruway (I-90) to Exit 41

— From Rochester: Take the New York State Thruway (I-90) to Exit 42

LAKE ONTARIO

Auburn

Avon

RochesterScottville

SyracuseFairmount

GenevaSeneca Falls

Waterloo

81

11

90

81

14 414

90

390

490

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

OUTLET VILLAGE BLVD.

I-90 / NY STATE THRUWAY

9 FOOT RD.SR 318

NORTH

SITE AND PLAN

SR 318

I-90 / NY STATE THRUWAY

9 FOO

T RD.

Rochester

Tuscarora

Almond

Websters Crossing

HuntCumminsville

Interlaken

Forest Home

Rushville

Dresden

Fabius

Woodsville

Riverside

Deruyter

Millport

Leicester

Camillus

Hammondsport

Ovid

Cuylerville

Candor

Retsof

Lorraine

North Hornell

LodiGroveland Station

SUNY Oswego

Shortsville

Romulus

Marcellus

WyomingLakeville

Tully

Arkport

Meridian

Pierrepont Manor

PortDickinson

Sylvan Be

Pittsford

Bridgeport

Bergen

Dalton

Erin

Liverpool

ainesvilleKysorville

Livonia Center

Fillmore

Coopers Plains

South Lima

Crystal Beach

Van Etten

Fowlerville

Canisteo

Mannsville

Sodus

Aurora

Linwood

Lisle

Red Creek

Burdett

Honeoye

Nedrow

Weedsport

Naples

Springs

Glen Aubrey

Newark Valley

Wampsv

McGraw

Belmont

Nunda

Andover

Port Byron

Cato

Livonia Hall

Conesus Hamlet

Savona

Spencer

Freeville

Scottsville

Greene

Lacona

Canaseraga

Dundee

Elbridge

Whitney Point

Marathon

Jordan

Morrisv

Wayland

Galeville

Phelps

Village Green

Hannibal

Odessa

Manchester

Churchville

Savannah

Alfred

Port Gibson

Brewerton

Minoa

Cleveland

Pine Valley

MacedonLyncourtSeneca Knolls

Holley

Keuka Park

Phoenix

Springwater Hamlet

East Rochester

East Avon

Spencerport

Lima

Avoca

Palmyra

Castile

Westvale

Cayuga

Scio

Trumansburg

Durh

Victor

Belfast

Smithville Flats

Sodus Point

Clifton Springs

Lakeland

Northeast IthacaCohocton

Pike

Parish

Geneva

Prattsburgh

Skaneateles

North Rose

Groton

Fayetteville

Moravia

East Ithaca

Cazenovia

Campbell

Dryden

Hilton

Union Springs

Manlius

Hemlock

Central Square

Homer

Wolcott

Watkins Glen

North SyracuseGates

Mount Morris

Altmar

Caledonia

Mexico

Angelica

Blodgett Mills

Waterloo

Brockport

Munsons Corners

Pultneyville

Clyde

Horseheads North

Penn Yan

Perry

Sand Ridge

Camden

Chittenango

ughton

Chenango Bridge

Honeoye Falls

Dansville

Le Roy

North Gates

York Hamlet

Geneseo

Hornell

endship

Fair Haven

on

Avon

Constantia

Montour Falls

Marion

Bath

Baldwinsville

Pavilion

Canastota

Pulaski

Northwest Ithaca

Minetto

OntarioWilliamson

Horseheads

Cortland

Lyons

Warsaw

Melrose Park

Greece

Seneca Falls

Lansing

Fulton

Canandaigua

aviaNewark

South Hill

Hamlin

Auburn

Clarkson

Conesus Lake

Brighton

Irondequoit

2

3

4

58

9

6

7

10

5

9

4

2

10

6 8

7

3

1

15 MILES

30 MILES

45 MILES

SURROUNDING AREA CENTERS

1 Waterloo Premium Outlets®2 Destiny USA3 Eastview Mall4 Fingerlakes Mall5 Great Northern Mall6 The Mall at Greece Ridge7 The Marketplace Mall8 Medley Centre9 Shoppingtown Mall10 The Shops at Ithaca Mall

Simon CentersCompetition

SURROUNDING AREA CENTERS

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Fingerlakes Mall Auburn, NY 404,000 sf JCPenney, Bass Pro Shops 17 miles / 20 minutes

Eastview Mall Victor, NY 1,350,000 sf JCPenney, Lord & Taylor, Macy’s, Sears,

Von Maur 35 miles / 45 minutes

Destiny USA Syracuse, NY 2,400,000 sf Best Buy, Bon-Ton, Burlington, JCPenney,

Lord & Taylor, Saks Fifth Avenue OFF 5TH 40 miles / 50 minutes

The Mall at Greece Ridge Rochester, NY 1,700,000 sf JCPenney, Macy’s, Sears 50 miles / 1 hour

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).