DESERT HILLS 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).

DESERT HILLS PREMIUM OUTLETS®

CABAZON, CA

MAJOR METROPOLITAN AREAS

Palm Springs: 18 miles eastLos Angeles: 75 miles west

RETAIL

GLA (sq. ft.) 651,000; 180 stores

OPENING DATES

Opened July 1990 Expanded May 1995, 1997, 2002, 2014Multi-level parking structure

PARKING RATIO

5.42:1

RADIUS POPULATION

15 miles 216,438 30 miles 1,418,136 45 miles 3,462,232

AVERAGE HH INCOME

30 mile radius $72,183

SELECT TENANTS

Neiman Marcus Last Call, Saks Fifth Avenue OFF 5TH, Armani Outlet, Barneys New York Warehouse, Bottega Venetta, Brunello Cucinelli, Burberry, Coach, Diane von Furstenberg, Diesel, Dolce & Gabbana, Elie Tahari Outlet, Ermenegildo Zegna Outlet Store, Furla, Gucci, Helmut Lang, HUGO BOSS Factory Store, James Perse, Jimmy Choo, kate spade new york, Kenneth Cole Company Store, LACOSTE Outlet, Loro Piana, Marni, Michael Kors Outlet, Mulberry, NikeFactoryStore, Polo Ralph Lauren Factory Store, Prada, Saint Laurent Paris, Salvatore Ferragamo Company Store, Theory Outlet, Tod’s, Tory Burch, Tourneau, True Religion, Versace

TOURISM / TRAFFIC

More than 77,000 vehicles travel daily on I-10 past the center.

MAJOR ATTRACTIONS

3.5 million travelers visit Palm Springs, Palm Desert, Indio and Rancho Mirage resorts and hotels annually.

LOCATION / DIRECTIONS

On I-10, 18 miles west of Palm Springs and 75 miles east of Los Angeles, California.

— From Los Angeles: I-10E to Malki Road Exit, turn left at the end of the ramp and right onto Seminole, 1/4 mile to entrance on left

— From Palm Springs: Highway 111N to I-10 to Malki Road, follow billboards to entrance

San Bernardino

Cabazon

Palm Springs

Morongo Indian Casino

Malk

i Rd.

Los Angeles

San Diego

Riverside10

15

15 215

111

60

DESERT HILLSPREMIUM OUTLETSCABAZON, CA

SEMINOLE DRIVE

NO

RTH

LOS ANGELES INTERSTATE 10 PALM SPRINGS

SITE AND PLAN

LOS ANGELES INTERSTATE 10 PALM SPRINGS

FOUR-LEVELPARKING DECK

Eastvale

Crestmore Heights

Salton Sea BeachDesert Shores

Coronita

trus

Bombay

Green Acres

ose Hills

Home Gardens

Mountain View Acres

Mountain Center

Las Flores

Warm Springs

Villa Park

Desert Edge

Desert PalmsRomoland

El Cerrito

San Antonio Heights

Bermuda Dunes

Muscoy

Laguna Woods

Highgrove

Lakeview

Camp Pendleton South

Running Springs

Canyon Lake

Ladera Ranch

Cabazon

Pedley

East Hemet

Montclair

Wrightwood

Bloomington

Lytle Creek

ts

Mentone

Placentia

Hidden Meadows

Laguna Hills

Big Bear Lake

North Tustin

Nuevo

Meadowbrook

El Sobrante

Mecca

vina

Lake Riverside

Loma Linda

Winchester

Cherry Valley

La Verne

Lakeland Village

Walnut

ey

Camp Pendleton North

Thermal

Whitewater

zusa

Laguna Beach

ke Los Angeles

Rubidoux

Woodcrest

French Valley

Rainbow

Tustin

Good Hope

North Shore

GarnetMarch ARB

Brea

Rancho Santa Margarita

Bonsall

Aguanga

Idyllwild-Pine Cove

Crestline

Indian Wells

Norco

San Juan Capistrano

Calimesa

Oak Glen

San DimasUpland

esa

Lake Mathews

Vista Santa Rosa

Fallbrook

Lake Forest

Vista

Highland

Lake Arrowhead

Temescal Valley

San Clemente

Oasis

Mead Valley

Salton City

Indio HillsCathedral City

Rialto

Pomona

Banning

Wildomar

Thousand Palms

Desert Hot Springs

Sky Valley

Oak Hills

Rancho MirageOrange

Morongo Valley

San Jacinto

Valley Center

a Ana

Yucaipa

Anza

Coachella

Indio

Dana Point

Chino

Temecula

Beaumont

Piñon Hills

Big Bear City

Murrieta

Homestead Valley

La Quinta

Redlands

Escondido

Joshua Tree

Corona

Rancho CucamongaYucca Valley

Fontana

Borrego Springs

Chino Hills

Menifee

Ontario

Anaheim

Moreno Valley

h

Adelanto

Twentynine PalmsSan Bernardino

Phelan

Irvine

Hesperia

Apple ValleyVictorville

Riverside

Lucerne Valley

9

3

4

5

8

7

10

11

12

13

2

6

7

1259

3

11

6

10

8 2

134

1

15 MILES

30 MILES

45 MILES

SURROUNDING AREA CENTERS

1 Desert Hills Premium Outlets® 2 Cabazon Oulets3 Galleria at Tyler4 The Gardens on El Paseo5 Inland Center Mall6 Lake Elsinore Outlets7 The Mall of Victor Valley8 Moreno Valley Mall9 Ontario Mills10 The Promenade in Temecula11 The Promenade Shops

at Dos Lagos12 Victoria Gardens13 Westfield Palm Desert

Simon CentersCompetition

SURROUNDING AREA CENTERS

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Moreno Valley Mall at Towngate Moreno Valley, CA 1,035,000 sf JCPenney, Macy’s, Sears 22 miles / 25 minutes

The Gardens on El Paseo El Paseo, CA 200,000 sf Saks Fifth Avenue 35 miles / 40 minutes

Westfield Palm Desert Palm Desert, CA 1,000,000 sf JCPenney, Macy’s, Sears 35 miles / 40 minutes

Inland Center Mall San Bernardino, CA 1,000,000 sf Macy’s, Sears 35 miles / 50 minutes

Galleria at Tyler Riverside, CA 1,104,000 sf JCPenney, Macy’s, Nordstrom 40 miles / 45 minutes

Ontario Mills® Ontario, CA 1,471,000 sf Neiman Marcus Last Call, Nordstrom

Rack, Saks Fifth Avenue OFF 5TH 50 miles / 50 minutes

The Promenade in Temecula Temecula, CA 1,050,000 sf JCPenney, Macy’s, Sears 50 miles / 50 minutes

Montclair Plaza Montclair, CA 1,200,000 sf JCPenney, Macy’s, Nordstrom,

Sears 55 miles / 55 minutes

Victoria Gardens Rancho Cucamonga, CA 1,160,000 sf JCPenney, Macy’s 55 miles / 55 minutes

OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME

Cabazon Outlets Cabazon, CA 65,000 sf 1/2 mile / 1 minute

Lake Elsinore Outlets Lake Elsinore, CA 318,000 sf 65 miles / 1 hour

Carlsbad Premium Outlets® Carlsbad, CA 289,000 sf 85 miles / 1 hour 36 minutes

Tanger Outlet Center Barstow, CA 109,000 sf 90 miles / 1 hour 40 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).