MIAMI INTERNATIONAL MALL CONTENTS The Simon Experience Property Overview Market Overview Trade Area Trade Area Map Location and Access Aerial View Site Plan Merchandising Mix at a Glance Simon Marketing Property Contacts Information accurate as of 12/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014). 1 3 4 5 6 7 8 9 10 12 14 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: SCALE Largest global owner of retail real estate including Malls, Simon Premium Outlets and The Mills ® ® QUALITY Iconic, irreplaceable properties in great locations INVESTMENT Active 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. PROPERTY OVERVIEW Miami International Mall is the only regional mall located in Doral, Florida. — Anchors include Macy’s The Women’s and Kid’s Store, Macy’s Men’s, Home & Furniture, JCPenney, Sears, and Kohl’s. — Features more than 140 retail stores and over 20 diverse eateries. 3 MARKET OVERVIEW Miami International Mall serves the affluent western suburbs of Miami, a dense market with 150,000 people within just three miles and 317,000 people within five miles. — Located in Doral, the fastest-growing affluent Hispanic community in the county, serving West Dade County. — Doral is a sought after Miami suburb and home to the famous Trump National Doral Miami. — Home to the Blue Monster course which hosts a leg of the World Golf Championships annually. — Minutes away from Miami International Airport. 4 TRADE AREA Miami International Mall sees a significant influx of tourists with the local trade area making up just 63% of all customers. — Wedge-shaped trade area that runs west out of downtown Miami. — Includes the area south of US 27 and north of US 1. — One quarter of shoppers come from beyond Florida, with 17% being international visitors. — Top shopper origins are Venezuela, Mexico, Canada, Colombia, Brazil, Puerto Rico, and the Dominican Republic. 2014 2019 Trade Area Population 704,923 758,144 Total Daytime Population 819,041 Trade Area Households 231,945 246,870 Average Annual HH Income $64,689 $71,752 5 TRADE AREA Lake Lucerne Golden Beach Andover Ives Estates Ojus TRADE AREA Carol City Trade Area = 63% of total customers; 54% of residents Country Club 2 Aventura Norland Sunny Isles Beach Palm Springs North North Miami Beach TRADE AREA BOUNDARY 27 CENTER INFORMATION Bunche Park Opa-locka North A1a Miami Lakes Simon Centers Competition 1. Miami International Mall Macy’s The Women’s & Kid’s Store, Macy’s Men’s, Home & Furniture, JCPenney, Sears, Kohl’s 2. Aventura Mall Bloomingdale’s, Nordstrom, Macy’s, Macy’s Mens & Home, JCPenney, Sears 3. Bal Harbour Shops Neiman Marcus, Saks Fifth Avenue 4. Brickell City Centre (2016) Saks Fifth Avenue (Fall 2016) 5. Cocowalk 6. Dadeland Mall Saks Fifth Avenue, Nordstrom, Macy’s, Macy’s Childrens & Home, JCPenney 7. Design District 8. Dolphin Mall 9. The Falls Bloomingdale’s, Macy’s 10. Lincoln Road 11. Mall at Miami Worldcenter (Fall 2016) Bloomingdale’s, Macy’s 12. The Shops at Sunset Place 13. Village of Merrick Park Neiman Marcus, Nordstrom 14. Westland Mall Macy’s, Sears, JCPenney Golden Glades North Miami Opa-locka Bal Harbour Westview Biscayne Park 3 Bay Harbor Islands 1 Indian Creek Hialeah Gardens Pinewood 14 Medley West Little River Miami Shores 95 Hialeah El Portal North Bay Village 997 Gladeview 826 Doral 8 Brownsville Miami Springs 10 1 836 Miami 11 4 Fountainbleau 41 Tamiami Fisher Island West Miami Coral Terrace Westchester University Park 5 MI Miami Beach 7 Virginia Gardens 13 Westwood Lakes 5 Olympia Heights Glenvar Heights Kendall West Kendale Lakes 12 Sunset 10 MI The Hammocks Coral Gables Key Biscayne 6 94 The Everglades Scott Lake The Crossings Atlantic Ocean Kendall 1 15 MI N Pinecrest 0 9 Three Lakes Richmond Heights 1.5 miles 3 LOCATION & ACCESS The Miami International Mall property is ideally positioned along the Dolphin Expressway and 107th Avenue. — Within two miles of both the Florida Turnpike and the Palmetto Expressway. — Located in Doral, Florida, eight miles west of downtown Miami. — Adjacent to the Miami International Airport. 7 AERIAL VIEW NW 107t h AV E. NW 19th ST. Sears MIAMI INTERNATIONAL MALL JCPenney BJ’s Restaurant & Brewhouse La Carreta Macy's Kohl’s Macy's Men’s, Home & Furniture NW 12th ST. SR 836 / DOLPHIN EXPWY. N 35.0' SITE PLAN 17 19 20 9 9 9 9 9 9 2 9 8 8 258 7 58 4 ' 40.0 17 16 22 21 8 2 6 5 16 10 23 17 3 63.0' 20 (Fld Typ) 73.0' OUTDOOR SALES 73.0' COMP 10 R U O C TRANS 3 5 yp 10 48.0' 25 7 6 7 63.0' 19 (Fld Typ) 15 11 4 5 4 267 .0 ' 6 CHASE BANK 5 5 19 19 7 16 15 5 4 63.0' (Fld Typ) 12 6 22 31 5 40 .0 ' 38 3 8 10 12 8 8 13 21 6 8 3 32 24 24 44.0' 21 8 5 8 10 10 7 50 25 16 14 5 121 6 T 6 269.7' 11 20.0' TD BANK 14 18 3 18 18 4 3 5 3 18 23 120.0' 3 8 3 33 9 9 63 27 27 ld 29 27 ' 13 29 18 35 27.4' 3 17 (F .0 ' 29 28 38. 4' 17 ) 12 29 TRUC DOCK K MACY’S MEN’S, HOME & FURNITURE 573 12 .0 14 14 yp 13 60 17 285.0' Owned 2 levels 10.095 ac. 7 9 4 63 7 10 S/C 855 5.0' 22 14 12 5 244.0' 20 8 2 2 40.0' 28 14 COMP 10 27 22 24 6 2 3 TRANS 19 50.0' 20 14 41 1 40.0' 162.0' 16 4 25 TRANS 16 25 36 20 SHOPS ) 25 4 24 40.0' T 23 6 36 SUNTRUST BANK 21 13 40.0' 40.0' ' ld .0 (F 63 SHOPS 38 ROOMS TO GO 21 38 KOHL’S 9 2 10 TRASH 146.0' 6 4 10 10 10 23 18 Owned by Dillard's 2 levels 8.017 ac. 12 LA CARRETA TRUCK DOCK TRANS COMP 63.0' (Fld Typ) 12 12 S/C SHOPS P M CO 20 18 TRANS 380.0' 12 26 15 SHOPS 272.0' 3 30 25 23 5 28 4 27 3 5 6 27 23 ) 5 9 MACY’S THE WOMEN’S & KID’S STORE T 6 163 ld 6 6 4 14 682 36 P M CO (F 6 4 21 SHOPS yp 10 4 S/C SHOPS 380.0' 4 35.0' 13 14 142.0' 8 4 12 TRANS 272.7' 8 6 Owned 2 levels 9.823 ac. BJ’S RESTAURANT & BREWHOUSE 4 6 10 272.7' 3 4 13 TRUCK DOCK 376.0' TRUCK DOCK 7 TO TO TO TO GO GO GO GO 3 2 JCPENNEY 319 12 7 13 24 24 14 12 13 13 28 8 12 13 6 T 12 14 196.0' 3 12 41 8 SHOPS D 2 SHOPS 16 10 7 12 376.0' O 3 12 TRANS TRANS FO 17 2 22 TRANS 21 9 FE S/C 196.0' ' ) .0 yp 63 T ld 20 S/C (F 11 7 13 339.7' 6 6 5 ) 10 yp 25 17 18 2 T 31 4 4 26 ' 5 28 29 Owned 2 levels 9.619 ac. N.W. 107th Ave. 20 5 20 37 4 396 ld 903 10 10 .0 26 15 33 7 (F 15 6 11 5 63 11 11 5 10 39 13 Owned 2 levels 12.993 ac. 26 19 14 SEARS 313.7' E 15 19 9 32 13 22 BEB 14 313.7' 25 28 ) 29 28 11 30 13 PACKAGE PICK-UP AREA 9 13 yp ' 31 13 24 11 7 TRUCK DOCK 29 26 7 11 11 8 29 6 89.8' 31 9 11 20 7 5 T 8 4 236.8' ' 4 4 17 ld 8 .0 .0 11 15 22 44 11 24 19 (F 4 11 24 22 69 63 3 38 20 D ( T ER R A 4 . A C TE 2 T D A B SI C ) TE . 522 9 34 11 TOYS “R” US 6 59 38 9 TRASH 3 8 25 50 .0 ' DORAL LEHMAN HYUNDAI SPORTS AUTHORITY ESSERMAN ACURA N NW 12th St. 9 MERCHANDISING MIX AT A GLANCE Our unique retail mix is integral to the Simon experience. Miami International Mall is yet another example of our diverse portfolio with an enviable directory of the world’s top retailers. Major Retailers Macy’s Men’s, Home & Furniture Macy’s The Women’s and Kid’s Store Kohl’s Old Navy JCPenney Sears Specialty Retailers, Restaurants, and Entertainment ALDO Bath & Body Works bebe Best Buy Mobile BJ’s Restaurant & Brewhouse Camille La Vie The Children’s Place Clarks The Disney Store Express Foot Locker Forever 21 Francesca’s GameStop Gap/GapKids/babyGap/GapBody GNC Live Well GUESS Gymboree H&M Hollister Co. Invicta Justice Kipling The Limited M•A•C Cosmetics Mayors Nine West Pandora Regis Salons Sephora Stride Rite Things Remembered Tous Victoria’s Secet Zales Jewelers 10 MERCHANDISING MIX AT A GLANCE SIMON MARKETING Fashion. Discovery. Community. These are the pillars of our brand and the guiding principles for everything we do at Simon. Every effort in our marketing program is designed to make the Simon brand experience exciting, relevant and cool in order to reinforce our position as the pre-eminent shopping center destination and build long-term brand loyalty with Millennials and Fashionistas. ADVERTISING Featuring high fashion photography and styling, Simon’s advertising campaign builds awareness and elevates perceptions among fashion-forward consumers and influencers. Advertising placements include market leading national and regional fashion/lifestyle magazines, out of home in over seventy markets, geo-targeted digital advertising and local radio. BRAND COLLABORATIONS Simon collaborates with highly respected fashion partners to launch fully integrated print, digital and live event programs around key shopping seasons including Spring, Back to School, Fall and Holiday. Partners include Vogue, Glamour, GQ, Teen Vogue, Harper’s Bazaar and Refinery 29. SIMON MARKETING DIGITAL ENGAGEMENT Simon’s new website and mobile website launched in May 2014 with a vibrant, dynamic new look and improved functionality. Our must-have apps also give shoppers the real-time information they need to maximize their shopping visits. — 595,700,002 Website page views — 120,818,183 Google+ local impressions — 1,317,729 YouTube views — 4.685,723 Facebook likes — 350,117 Twitter followers — 87,345 Instagram followers SIMON INNOVATION GROUP From reinventing the classic loyalty program to bringing the ubiquitous mall directory to life, Simon has collaborated with game-changing partners to innovate the shopping experience and further support our retailers. Initiatives include: Simon Rewards, BagFree Shopping, Interactive Directories and Bluetooth Beacons. DEDICATED RETAILER SUPPORT Our dedicated team of Retailer Marketing Specialists provide turnkey support for new store openings, relocations, retailer events, seasonal campaigns, and integration into Simon’s Marketing Programs. Multi-channel marketing efforts are custom designed to build brand awareness and drive store traffic for each retailer initiative. To learn more, visit: http://business.simon.com/retailer-marketing. 13 PROPERTY CONTACTS Leasing: Meg Pechilio Mackey (330) 965-5116 mmackey@simon.com Specialty Leasing: Wendy Chao (305) 593-1777 wchao@simon.com Big Box & Theatre Development: Kevin Compton (317) 263-7018 kcompton@simon.com Peripheral Development/Land: Dawn Lindquist (317) 263-2301 dlindqui@simon.com Mall Manager: Alein Cadalso (305) 593-1777 acadalso@simon.com Director of Marketing & Business Development: Sara Valega (305) 593-1777 svalega@simon.com