BARCELONETA, PUERTO RICO

PROPERTY OVERVIEW

Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

PUERTO RICO PREMIUM OUTLETS®

BARCELONETA, PR

MAJOR METROPOLITAN AREAS San Juan: 40 miles

RETAIL

GLA (sq. ft.) 350,000; 90 stores

OPENING DATES

Opened 2000 Expanded 2008

RADIUS POPULATION

15 miles: 322,702 30 miles: 1,465,850 45 miles: 3,100,039

AVERAGE HH INCOME

30 miles: $31,494

SELECT TENANTS

adidas, American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, Calvin Klein Company Store, Coach Factory Store, G.H. Bass & Co., Gap Outlet, GUESS Factory Store, Gymboree Outlet, Kipling, LACOSTE Outlet, LOFT Outlet, Michael Kors Outlet, Nautica, Nike Factory Store, Nine West Outlet, Olive Garden, Perry Ellis, Polo Ralph Lauren Factory Store, Puma, Tommy Hilfiger Company Store

TOURISM / TRAFFIC

Located in the Caribbean’s pharmaceutical industry hub town of Barceloneta, Puerto Rico Premium Outlets serves the entire island population of four million people and is easily accessible from all major cities, including the two million people of the San Juan metro area. The property is strategically positioned in the north coastal region of Puerto Rico immediately off Express 22, the primary east-west transportation corridor, just 45 minutes west of San Juan. This major thoroughfare experiences traffic counts of 70,000 vehicles per day and connects to two other major highways, Route 52 and Route 10 (Ponce, PR). Puerto Rico is densely populated along the northern coast with a population of 3.1 million within a 45-mile radius. Puerto Rico Premium Outlets is the most productive outlet center in Puerto Rico with the Puerto Rican shopper spending a disproportionate amount of their disposable income on retail shopping, particularly shoes, children’s clothing, and accessories. The center was the sixth most highly trafficked center in the Simon Premium Outlets portfolio in 2016. Annual traffic counts at Puerto Rico Premium Outlets consistently rank at the top of the portfolio alongside the most productive and highly trafficked centers in the world.

LOCATION / DIRECTIONS

— From San Juan: Take Rte. 22W, Salida/Exit 55 (Barceloneta)

— From Arecibo: Take Rte. 22E, Salida/Exit 55 (Barceloneta/Manati Oeste)

— From Aguadilla/Mayaguez: Take Rd. 2 to Rte. 22E, Salida/Exit 55 (Barceloneta/Manati Deste)

10

52

222

2

San Juan

Ponce

Bayamon

Mayaguez

Aguadilla

Arecibo

BarcelonetaNDorado

PUERTO RICO PREMIUM OUTLETSBARCELONETA, PR

MASTER PLAN

PR 2

NO

RTH

NIKE FACTORY STORE BANANA REPUBLIC FACTORY STORE

GAP OUTLET

OLD NAVY

POLO RALPH LAURENFACTORY STORE

PR 6

140

AMERICAN EAGLE OUTFITTERS

SHOE CARNIVAL

ADIDAS

CARIBBEAN CINEMAS

PREMIUM

OUTLETS BLVD

.

COACH

MICHAELKORS

A|X ARMANI

AERIAL OVERVIEW

NO

RTH

RTE. 22

RD. 2

SURROUNDING AREA CENTERS

Simon Centers Competition

BayamónSan Antonio

EspinoLa Liga

Calzada

Parcelas Viejas Borinquen

Mariano Colón

Anon Raices

Candelero Abajo

Bairoa La Vienticinco

Los Panes

Parcelas Mandry

Peña PobreParcelas de Navarro

Pajonal

Orocovis

Coto Norte

Vayas

Playita

Betances

Tiburones Suárez

Maricao

Búfalo

PalmerQuebrada

El Ojo

Bartolo

María Antonia

Jagual

Juncal

Duque

La Parguera

Animas

Liborio Negrón Torres Río Cañas Abajo

Buena Vista

Aceitunas

Las Marías

Parcelas La Milagrosa

Las Ollas

Cayuco

Rafael Hernández

Olimpo

Santa Clara

Vieques

FuigMagüayo

Mucarabones

Sabana

Naranjito

El Negro

Lomas

Tallaboa Alta

Jayuya

Fránquez

Aguada

Benítez

Sabana Eneas

Rodríguez Hevia

La Plena

Monte Verde

Rincón

Palo Seco

Rafael González

La Fermina

Rosa Sánchez

Lamboglia

Stella

Tallaboa

Guayabal

El Mangó

Potala Pastillo

Cabán

Pastos

Corcovado

Palomas

Las Ochenta

Daguao

Pole Ojea Corazón

Carrizales

Jobos

San Isidro

Morovis

Hato Arriba

El Combate

Palmarejo

Naguabo

Comunas

Central Aguirre

Parcelas Nuevas

Campo Rico

Jauca

Galateo

Loíza

La Dolores

Barceloneta

H. Rivera Colón

Piedra Gorda

Magas ArribaPalmas

La Alianza

Adjuntas

G. L. García

Barranquitas

IngenioCacao

Ciales

EmajaguaLluveras Aguilita

Coquí

Martorell

Camuy

Santa Isabel

Alianza

BreñasLa Luisa

Moca

Boquerón

Indios

Ramos

La Playa Ceiba

Yaurel

Luis M. C

Lajas

Villalba

Arroyo

Vázquez

Las Cr

Lares

Monte Grande

Rafael Capó

Aibonito

Florida

Hatillo

Pájaros

Punta Santiago

Luyando

Quebradillas

Coco

Sabana GrandePuerto Real

Utuado

MirandaVega AltaBajadero

San Sebastián

Manatí

Santo Domingo

Corozal

Guánica

Cayey

Levittown

Agu

IsabelaDorado

Hormigueros Humacao

Cataño

Trujillo AltoFaj

Guaynabo

Mayagüez

CarolinaSan Juan4

5

6

897

2

3

2

459

810

6

71

15 MILES

30 MILES

45 MILES

3

1 Puerto Rico Premium Outlets®2 Las Catalinas Mall3 The Mall of San Juan4 The Outlets at Route 66 Mall5 Plaza Carolina6 Plaza del Caribe7 Plaza del Norte8 Plaza del Sol9 Plaza Las Americas

10 Plaza Rio Hondo

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Centro Gran CaribeVega Alta, PR 388,000 sf Big Kmart 16 miles / 25 minutes

Plaza del NorteHatillo, PR 671,000 sf JCPenney, OfficeMax, Sears, Toys “R” Us,

Walmart 19 miles / 20 minutes

Plaza del Atlantico Arecibo, PR 1,255,000 sf Big Kmart, Capri 21 miles / 24 minutes

Plaza Rio Hondo Bayamon, PR 538,000 sf Best Buy, Big Kmart, Caribbean Cinema’s 28 miles / 40 minutes

Plaza del Sol Bayamon, PR 676,000 sf Bed Bath & Beyond, Caribbean Cinema’s,

Home Depot, Walmart 29 miles / 45 minutes

Mall of San JuanSan Juan, PR 640,000 sf Saks Fifth Avenue, Nordstrom 40 miles / 55 minutes

Plaza Las AmericasSan Juan, PR 2,180,000 sf JCPenney, Sears 42 miles / 1 hour

Plaza CarolinaSan Juan, PR 1,158,000 sf JCPenney, Sears, Tiendas Capri,

Best Buy, DSW, T.J. Maxx 43 miles / 50 minutes

Mayaguez MallMayaguez, PR 1,007,000 sf

Big Kmart, JCPenney, Marshalls, Sears, Walmart

45 miles / 1 hour 25 minutes

Plaza del CaribePonce, PR 723,000 sf JCPenney, Sears 64 miles / 1 hour 43 minutes

OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME

The Outlets at Route 66 Mall Canovanas, PR 446,000 sf 50 miles / 1 hour 16 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).