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GROVE CITY PREMIUM OUTLETS ®

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Page 1: GROVE CITY PREMIUM OUTLETS - Simon Property Group€¦ · GROVE CITY PREMIUM OUTLETS ® GROVE CITY, PA MAJOR METROPOLITAN AREAS Youngstown, OH: 7740 miles Pittsburgh, PA: 55 miles

GROVE CITY PREMIUM OUTLETS®

Page 2: GROVE CITY PREMIUM OUTLETS - Simon Property Group€¦ · GROVE CITY PREMIUM OUTLETS ® GROVE CITY, PA MAJOR METROPOLITAN AREAS Youngstown, OH: 7740 miles Pittsburgh, PA: 55 miles

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

Page 3: GROVE CITY PREMIUM OUTLETS - Simon Property Group€¦ · GROVE CITY PREMIUM OUTLETS ® GROVE CITY, PA MAJOR METROPOLITAN AREAS Youngstown, OH: 7740 miles Pittsburgh, PA: 55 miles

PROPERTY OVERVIEW

Information accurate as of 12/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).

GROVE CITY PREMIUM OUTLETS®

GROVE CITY, PA

MAJOR METROPOLITAN AREAS

Youngstown, OH: 40 milesPittsburgh, PA: 55 miles Cleveland, OH: 80 miles

RETAIL

GLA (sq. ft.) 531,000; 130 stores

OPENING DATES

Opened 1994

PARKING RATIO

6.4:1

RADIUS POPULATION

15 mile population: 117,852 30 mile population: 675,395 45 mile population: 1,602,231

AVERAGE HH INCOME

30 mile average: $58,672

SELECT TENANTS

adidas, American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, BCBGMAXAZRIA, BOSE, Brooks Brothers Factory Store, Calvin Klein Company Store, Coach, Gap Factory Store, GUESS Factory Store, J.Crew Factory, Levi’s Outlet Store, LOFT Outlet, NikeFactoryStore, The North Face, Polo Ralph Lauren Factory Store, Under Armour Factory House, Vera Bradley

TOURISM / TRAFFIC

Located at the “Crossroads of America,” Grove City Premium Outlets is the area’s number one outlet shopping destination, drawing over six million visitors a year from the U.S. and Canada. Canadian shoppers have just over a three-hour drive to a tax-free outlet experience. A significant shopper population of eight million people resides within a 100-mile radius, in Pittsburgh and Erie, PA; and Akron, Youngstown, and Cleveland, OH.

MAJOR ATTRACTIONS

The Andy Warhol Museum, the collection of Carnegie Museums, Monongahela Incline Rivers Casino, The National Aviary, and many colleges and universities such as University of Pittsburgh, Carnegie Mellon, Youngstown State, Slippery Rock University, and Robert Morris University

LOCATION / DIRECTIONS

I-79 just three miles south of I-80, Grove City, PA. The center has strong visibility on I-79 and traffic of over 33,000 vehicles passing daily.

— From Pittsburgh: Take I-279N, merge onto I-79N, Exit 113 for PA-208 toward Springfield Township

— From Cleveland: Take I-680N, merge onto OH-711E toward I-80/New York/Girard, I-80E, I-79S toward Pittsburgh, Exit 113 for PA-208 toward Springfield Township

OH PA

Erie

GroveCity

Youngstown

Pittsburgh

ClevelandLake Erie

NY

CanadaBuffalo

7680

7177

90

80

279

7976

76

208

GROVE CITY PREMIUM OUTLETSGROVE CITY, PA

Page 4: GROVE CITY PREMIUM OUTLETS - Simon Property Group€¦ · GROVE CITY PREMIUM OUTLETS ® GROVE CITY, PA MAJOR METROPOLITAN AREAS Youngstown, OH: 7740 miles Pittsburgh, PA: 55 miles

OUTLETS DR.

SR 208 / LEESBURG G

ROVE CITY RD.I-79

I-79

NORTH

SITE AND PLAN

Page 5: GROVE CITY PREMIUM OUTLETS - Simon Property Group€¦ · GROVE CITY PREMIUM OUTLETS ® GROVE CITY, PA MAJOR METROPOLITAN AREAS Youngstown, OH: 7740 miles Pittsburgh, PA: 55 miles

SR

208

/ LEESB

UR

G G

RO

VE C

ITY

RD

.

I-79

Page 6: GROVE CITY PREMIUM OUTLETS - Simon Property Group€¦ · GROVE CITY PREMIUM OUTLETS ® GROVE CITY, PA MAJOR METROPOLITAN AREAS Youngstown, OH: 7740 miles Pittsburgh, PA: 55 miles

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6

2

3

4

5

7

8

992

65

3

7

8

4

1

15 MILES

30 MILES

45 MILES

SURROUNDING AREA CENTERS

1 Grove City Premium Outlets2 Beaver Valley Mall3 Clearview Mall4 Eastwood Mall5 Galleria At Pittsburgh Mills6 Ross Park Mall7 Shenango Valley Mall8 Southern Park Mall9 The Streets of Cranberry

Simon CentersCompetition

SURROUNDING AREA CENTERS

Page 7: GROVE CITY PREMIUM OUTLETS - Simon Property Group€¦ · GROVE CITY PREMIUM OUTLETS ® GROVE CITY, PA MAJOR METROPOLITAN AREAS Youngstown, OH: 7740 miles Pittsburgh, PA: 55 miles

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Shenango Valley MallHermitage, PA 509,000 sf JCPenney, Macy’s, Sears 16.4 miles / 20 minutes

Clearview MallButler, PA 760,000 sf Boscov’s, JCPenney, Sears

T.J. Maxx 21.4 miles / 25 minutes

Southern Park MallYoungstown, OH 1,205,000 sf Dillard’s, Macy’s, JCPenney, Sears 27.4 miles / 30 minutes

The Streets of CranberryCranberry, PA 110,000 sf Chico’s, Talbots 30.8 miles / 35 minutes

Eastwood MallNiles, OH 1,453,000 sf Dillard’s, JCPenney, Macy’s, Sears,

Target 31.3 miles / 30 minutes

Ross Park MallPittsburgh, PA 1,246,000 sf Nordstrom, Macy’s, JCPenney, Sears 48 miles / 50 minutes

OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Tanger Outlets - WashingtonWashington, PA 371,000 sf 71 miles / 1 hour 15 minutes

Aurora Farms Premium Outlets®Aurora Farms, OH 285,000 sf Saks Fifth Avenue OFF 5TH 79 miles / 1 hour 24 minutes

Page 8: GROVE CITY PREMIUM OUTLETS - Simon Property Group€¦ · GROVE CITY PREMIUM OUTLETS ® GROVE CITY, PA MAJOR METROPOLITAN AREAS Youngstown, OH: 7740 miles Pittsburgh, PA: 55 miles

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).