Item 2. Properties

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Item 2. Properties

United States Properties

Our U.S. properties primarily consist of malls, Premium Outlets, The Mills, lifestyle centers and other retail properties. These properties contain an aggregate of approximately 181.1 million square feet of gross leasable area, or GLA.

Malls typically contain at least one department store anchor or a combination of anchors and big box retailers with a wide variety of smaller stores connecting the anchors. Additional stores are usually located along the perimeter of the parking area. Our 107 malls are generally enclosed centers and range in size from approximately 260,000 to 2.7 million square feet of GLA.

Premium Outlets generally contain a wide variety of designer and manufacturer stores located in open‑air centers. Our 69 Premium Outlets range in size from approximately 150,000 to 900,000 square feet of GLA. The Premium Outlets are generally located within a close proximity to major metropolitan areas and/or tourist destinations.

The 14 properties in The Mills generally range in size from 1.2 million to 2.3 million square feet of GLA and are located in major metropolitan areas. They have a combination of traditional mall, outlet center, and big box retailers and entertainment uses.

We also have interests in four lifestyle centers and 12 other retail properties. The lifestyle centers range in size from 170,000 to 930,000 square feet of GLA. The other retail properties range in size from approximately 160,000 to 850,000 square feet of GLA and are considered non‑core to our business model.

As of December 31, 2018, approximately 95.9% of the owned GLA in malls and Premium Outlets was leased and approximately 97.6% of the owned GLA for The Mills was leased.

We wholly own 135 of our properties, effectively control 12 properties in which we have a joint venture interest, and hold the remaining 59 properties through unconsolidated joint venture interests. We are the managing or co‑managing general partner or member of 202 properties in the United States. Certain of our joint venture properties are subject to various rights of first refusal, buy‑sell provisions, put and call rights, or other sale or marketing rights for partners which are customary in real estate partnership agreements and the industry. We and our partners in these joint ventures may initiate these provisions (subject to any applicable lock up or similar restrictions) which may result in either the sale of our interest or the use of available cash or borrowings, or the use of Operating Partnership units, to acquire the joint venture interest from our partner.

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties

The following property table summarizes certain data for our malls, Premium Outlets, The Mills, lifestyle centers and other retail properties located in the United States, including Puerto Rico, as of December 31, 2018.


				Ownership
				Interest			Year Built
				(Expiration if	Legal		or
	Property Name	State	City (CBSA)	Lease) (3)	Ownership		Acquired	Occupancy (5)		Total GLA	Selected Larger Retailers and Uses
	Malls
1.	Apple Blossom Mall	VA	Winchester	Fee	49.1	% (4)	Acquired 1999	93.7	%	472,802	Belk, JCPenney, Sears, AMC Cinemas
2.	Auburn Mall	MA	Auburn	Fee	56.4	% (4)	Acquired 1999	98.4	%	583,739	Macy's, Sears, Reliant Medical Group
3.	Aventura Mall (1)	FL	Miami Beach (Miami)	Fee	33.3	% (4)	Built 1983	97.3	%	2,079,715	Bloomingdale's, Macy's (8), JCPenney, Nordstrom, Equinox Fitness Clubs, AMC Theatres
4.	Avenues, The	FL	Jacksonville	Fee	25.0	% (4) (2)	Built 1990	96.9	%	1,111,812	Belk, Dillard's, JCPenney, Sears, Forever 21
5.	Barton Creek Square	TX	Austin	Fee	100.0	%	Built 1981	95.3	%	1,430,122	Nordstrom, Macy's, Dillard's (8), JCPenney, AMC Theatre
6.	Battlefield Mall	MO	Springfield	Fee and Ground Lease (2056)	100.0	%	Built 1970	92.1	%	1,202,116	Macy's, Dillard's (8), JCPenney, Sears
7.	Bay Park Square	WI	Green Bay	Fee	100.0	%	Built 1980	87.6	%	724,373	Kohl's, ShopKo, Marcus Cinema 16
8.	Brea Mall	CA	Brea (Los Angeles)	Fee	100.0	%	Acquired 1998	97.0	%	1,319,599	Nordstrom, Macy's (8), JCPenney, (6)
9.	Briarwood Mall	MI	Ann Arbor	Fee	50.0	% (4)	Acquired 2007	98.6	%	978,672	Macy's, JCPenney, Von Maur, Hilton Garden Inn (15), Towne Place Suites by Marriott (15)
10.	Brickell City Centre	FL	Miami	Fee	25.0	% (4)	Built 2016	81.7	%	476,799	Saks Fifth Avenue, Cinemex, EAST Miami Hotel (15), La Centrale
11.	Broadway Square	TX	Tyler	Fee	100.0	%	Acquired 1994	98.2	%	626,926	Dillard's, JCPenney, (6)
12.	Burlington Mall	MA	Burlington (Boston)	Fee and Ground Lease (2026) (7)	100.0	%	Acquired 1998	97.0	%	1,264,825	Macy's, Lord & Taylor, Nordstrom, Crate & Barrel, Primark, Arhaus Furniture
13.	Cape Cod Mall	MA	Hyannis	Fee and Ground Leases (2029-2073) (7)	56.4	% (4)	Acquired 1999	95.0	%	723,605	Macy's (8), Best Buy, Marshalls, Barnes & Noble, Regal Cinema, Target (6)
14.	Castleton Square	IN	Indianapolis	Fee	100.0	%	Built 1972	96.0	%	1,381,533	Macy's, Von Maur, JCPenney, Dick's Sporting Goods, AMC Theatres
15.	Cielo Vista Mall	TX	El Paso	Fee and Ground Lease (2027) (7)	100.0	%	Built 1974	97.8	%	1,245,359	Macy's, Dillard's (8), JCPenney, Sears, Cinemark Theatres
16.	Coconut Point	FL	Estero	Fee	50.0	% (4)	Built 2006	90.6	%	1,205,436	Dillard's, Barnes & Noble, Bed Bath & Beyond, Best Buy, DSW, Office Max, PetSmart, Ross, T.J. Maxx, Hollywood Theatres, Super Target, Michael's, Total Wine & More, Tuesday Morning, Hyatt Place Coconut Point (15), TownePlace Suites by Marriott (15)
17.	College Mall	IN	Bloomington	Fee and Ground Lease (2048) (7)	100.0	%	Built 1965	88.7	%	610,256	Macy's, Target, Dick's Sporting Goods, Bed Bath & Beyond, Ulta, Fresh Thyme
18.	Columbia Center	WA	Kennewick	Fee	100.0	%	Acquired 1987	97.4	%	762,585	Macy's (8), JCPenney, Barnes & Noble, DSW, Home Goods, Dick's Sporting Goods (6)
19.	Copley Place	MA	Boston	Fee	94.4	% (11)	Acquired 2002	93.6	%	1,259,063	Neiman Marcus, Barneys New York, Boston Marriott Copley Place (15), The Westin Copley Place (15)
20.	Coral Square	FL	Coral Springs (Miami)	Fee	97.2	%	Built 1984	99.4	%	943,873	Macy's (8), JCPenney, Sears, Kohl's
21.	Cordova Mall	FL	Pensacola	Fee	100.0	%	Acquired 1998	98.1	%	929,685	Dillard's, Belk, Best Buy, Bed Bath & Beyond, Cost Plus World Market, Ross, Dick's Sporting Goods
22.	Crystal Mall	CT	Waterford	Fee	78.2	% (4)	Acquired 1998	85.5	%	782,995	Macy's, JCPenney, Bed Bath & Beyond, Christmas Tree Shops
23.	Dadeland Mall	FL	Miami	Fee	50.0	% (4)	Acquired 1997	99.2	%	1,497,002	Saks Fifth Avenue, Nordstrom, Macy's (8), JCPenney, AC Hotel by Marriott (6)
24.	Del Amo Fashion Center	CA	Torrance (Los Angeles)	Fee	50.0	% (4)	Acquired 2007	94.4	%	2,517,765	Nordstrom, Macy's (8), JCPenney, Sears, Marshalls, Barnes & Noble, JoAnn Fabrics, AMC Theatres, Dick's Sporting Goods, Dave & Buster's
25.	Domain, The	TX	Austin	Fee	100.0	%	Built 2006	91.8	%	1,234,252	Neiman Marcus, Macy's, Dillard's, Dick's Sporting Goods, iPic Theaters, Arhaus Furniture, Punch Bowl Social, Westin Austin at The Domain, (16)
26.	Dover Mall	DE	Dover	Fee and Ground Lease (2041) (7)	68.1	% (4)	Acquired 2007	85.3	%	927,414	Macy's, JCPenney, Boscov's, AMC Cinemas, Dick's Sporting Goods
27.	Emerald Square	MA	North Attleboro (Providence, RI)	Fee	56.4	% (4)	Acquired 1999	87.4	%	1,022,295	Macy's (8), JCPenney, Sears
28.	Empire Mall	SD	Sioux Falls	Fee and Ground Lease (2033) (7)	100.0	%	Acquired 1998	94.3	%	1,124,235	Macy's, JCPenney, Gordmans, Hy-Vee, Dick's Sporting Goods

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties


				Ownership
				Interest			Year Built
				(Expiration if	Legal		or
	Property Name	State	City (CBSA)	Lease) (3)	Ownership		Acquired	Occupancy (5)		Total GLA	Selected Larger Retailers and Uses
29.	Falls, The	FL	Miami	Fee	50.0	% (4)	Acquired 2007	98.8	%	839,967	Bloomingdale's (13), Macy's, Regal Cinema, The Fresh Market
30.	Fashion Centre at Pentagon City, The	VA	Arlington (Washington, DC)	Fee	42.5	% (4)	Built 1989	99.6	%	1,037,360	Nordstrom, Macy's, The Ritz-Carlton (15)
31.	Fashion Mall at Keystone, The	IN	Indianapolis	Fee and Ground Lease (2067) (7)	100.0	%	Acquired 1997	97.5	%	716,555	Saks Fifth Avenue, Crate & Barrel, Nordstrom, Keystone Art Cinema
32.	Fashion Valley	CA	San Diego	Fee	50.0	% (4)	Acquired 2001	98.3	%	1,727,070	Neiman Marcus, Bloomingdale's, Nordstrom, Macy's, JCPenney, AMC Theatres, Forever 21
33.	Firewheel Town Center	TX	Garland (Dallas)	Fee	100.0	%	Built 2005	97.7	%	995,806	Dillard's, Macy's, Barnes & Noble, DSW, Cost Plus World Market, AMC Theatres, Dick's Sporting Goods, Fairfield Inn by Marriott (14), (16)
34.	Florida Mall, The	FL	Orlando	Fee	50.0	% (4)	Built 1986	99.4	%	1,717,740	Macy's, Dillard's, JCPenney, Sears, H&M, Forever 21, Zara, American Girl, Dick's Sporting Goods, Crayola Experience, The Florida Hotel and Conference Center (16)
35.	Forum Shops at Caesars Palace, The	NV	Las Vegas	Ground Lease (2050)	100.0	%	Built 1992	95.8	%	663,877	Caesars Palace Las Vegas Hotel and Casino (15)
36.	Galleria, The	TX	Houston	Fee	50.4	% (4)	Acquired 2002	96.8	%	2,016,838	Saks Fifth Avenue, Neiman Marcus, Nordstrom, Macy's, The Westin Galleria (15), The Westin Oaks (15), Life Time Tennis
37.	Greenwood Park Mall	IN	Greenwood (Indianapolis)	Fee	100.0	%	Acquired 1979	99.2	%	1,260,340	Macy's, Von Maur, JCPenney, Dick's Sporting Goods, Barnes & Noble, Regal Cinema
38.	Haywood Mall	SC	Greenville	Fee and Ground Lease (2067) (7)	100.0	%	Acquired 1998	97.6	%	1,237,411	Macy's, Dillard's, JCPenney, Sears, Belk
39.	Ingram Park Mall	TX	San Antonio	Fee	100.0	%	Built 1979	96.7	%	1,118,942	Dillard's, Macy's, JCPenney, Bealls
40.	King of Prussia	PA	King of Prussia (Philadelphia)	Fee	100.0	%	Acquired 2003	97.6	%	2,667,143	Neiman Marcus, Bloomingdale's, Nordstrom, Lord & Taylor, Macy's, Arhaus Furniture, Dick's Sporting Goods, Primark
41.	La Plaza Mall	TX	McAllen	Fee and Ground Lease (2040) (7)	100.0	%	Built 1976	98.2	%	1,273,019	Macy's (8), Dillard's, JCPenney
42.	Lakeline Mall	TX	Cedar Park (Austin)	Fee	100.0	%	Built 1995	95.2	%	1,099,420	Dillard's (8), Macy's, JCPenney, AMC Theatres
43.	Lehigh Valley Mall	PA	Whitehall	Fee	50.0	% (4)	Acquired 2003	98.3	%	1,166,990	Macy's, JCPenney, Boscov's, Barnes & Noble
44.	Lenox Square	GA	Atlanta	Fee	100.0	%	Acquired 1998	96.6	%	1,526,475	Neiman Marcus, Bloomingdale's, Macy's, JW Marriott (15)
45.	Livingston Mall	NJ	Livingston (New York)	Fee	100.0	%	Acquired 1998	93.7	%	968,820	Macy's, Lord & Taylor, Sears, Barnes & Noble
46.	Mall at Rockingham Park, The	NH	Salem (Boston)	Fee	28.2	% (4)	Acquired 1999	97.7	%	1,024,159	JCPenney, Macy's, Lord & Taylor, Dick's Sporting Goods, Cinemark Theatre (6)
47.	Mall at Tuttle Crossing, The	OH	Dublin (Columbus)	Fee	50.0	% (4)	Acquired 2007	95.4	%	1,123,248	Macy's, JCPenney, Scene 75 (6)
48.	Mall of Georgia	GA	Buford (Atlanta)	Fee	100.0	%	Built 1999	98.4	%	1,845,186	Dillard's, Macy's, JCPenney, Belk, Dick's Sporting Goods, Barnes & Noble, Havertys Furniture, Regal Cinema, Von Maur
49.	Mall of New Hampshire, The	NH	Manchester	Fee and Ground Lease (2019-2027) (7)	56.4	% (4)	Acquired 1999	96.7	%	798,881	Macy's, JCPenney, Best Buy
50.	McCain Mall	AR	N. Little Rock	Fee	100.0	%	Built 1973	93.1	%	793,630	Dillard's, JCPenney, Sears, Regal Cinema
51.	Meadowood Mall	NV	Reno	Fee	50.0	% (4)	Acquired 2007	98.9	%	901,357	Macy's (8), JCPenney, Dick's Sporting Goods, Crunch Fitness (6), Round 1 (6)
52.	Menlo Park Mall	NJ	Edison (New York)	Fee	100.0	%	Acquired 1997	96.2	%	1,332,132	Nordstrom, Macy's, Barnes & Noble, AMC Dine-In Theatre
53.	Miami International Mall	FL	Miami	Fee	47.8	% (4)	Built 1982	97.5	%	1,082,486	Macy's (8), JCPenney, Kohl's
54.	Midland Park Mall	TX	Midland	Fee	100.0	%	Built 1980	98.8	%	635,788	Dillard's (8) (10) (6), JCPenney, Bealls, Ross
55.	Miller Hill Mall	MN	Duluth	Fee	100.0	%	Built 1973	97.4	%	831,511	JCPenney, Barnes & Noble, DSW, Dick's Sporting Goods, Essentia Health (6)
56.	Montgomery Mall	PA	North Wales (Philadelphia)	Fee	79.4	%	Acquired 2003	86.8	%	1,100,773	Macy's, JCPenney, Sears, Dick's Sporting Goods, Wegmans
57.	North East Mall	TX	Hurst (Dallas)	Fee	100.0	%	Built 1971	99.0	%	1,667,833	Nordstrom, Dillard's, Macy's, JCPenney, Sears, Dick's Sporting Goods, Rave Theatre
58.	Northgate	WA	Seattle	Fee	100.0	%	Acquired 1987	95.6	%	1,045,451	Nordstrom, Macy's (13), JCPenney (13), Barnes & Noble, Bed Bath & Beyond, DSW, Nordstrom Rack
59.	Northshore Mall	MA	Peabody (Boston)	Fee	56.4	% (4)	Acquired 1999	95.3	%	1,385,195	JCPenney, Nordstrom, Macy's (8), Barnes & Noble, Shaw's Grocery, The Container Store, Tesla Sales and Service (6), Life Time Athletic (6)

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties


				Ownership
				Interest			Year Built
				(Expiration if	Legal		or
	Property Name	State	City (CBSA)	Lease) (3)	Ownership		Acquired	Occupancy (5)		Total GLA	Selected Larger Retailers and Uses
60.	Ocean County Mall	NJ	Toms River (New York)	Fee	100.0	%	Acquired 1998	91.5	%	791,125	Macy's, Boscov's, JCPenney, LA Fitness (6), HomeSense (6)
61.	Orland Square	IL	Orland Park (Chicago)	Fee	100.0	%	Acquired 1997	98.0	%	1,230,171	Macy's, JCPenney, Dave & Buster's, AMC Theatre (6), Von Maur (6)
62.	Oxford Valley Mall	PA	Langhorne (Philadelphia)	Fee	85.5	%	Acquired 2003	94.0	%	1,338,569	Macy's, JCPenney, United Artists Theatre
63.	Penn Square Mall	OK	Oklahoma City	Ground Lease (2060)	94.5	%	Acquired 2002	99.1	%	1,083,937	Macy's, Dillard's (8), JCPenney, AMC Theatres, Container Store
64.	Pheasant Lane Mall	NH	Nashua	-	—	% (12)	Acquired 2002	97.5	%	979,427	JCPenney, Sears, Target, Macy's, Dick's Sporting Goods
65.	Phipps Plaza	GA	Atlanta	Fee	100.0	%	Acquired 1998	99.4	%	832,175	Saks Fifth Avenue, Nordstrom, AMC Theatres, Arhaus Furniture, Legoland Discovery Center, AC Hotel by Marriott, Life Time Fitness (6), Nobu Hotel and Restaurant (6), (16)
66.	Plaza Carolina	PR	Carolina (San Juan)	Fee	100.0	%	Acquired 2004	85.0	%	1,158,555	JCPenney, Sears, Tiendas Capri, Econo, Best Buy, T.J. Maxx, DSW, Caribbean Cinemas
67.	Prien Lake Mall	LA	Lake Charles	Fee and Ground Lease (2040) (7)	100.0	%	Built 1972	98.6	%	842,640	Dillard's, JCPenney, Cinemark Theatres, Kohl's, Dick's Sporting Goods, T.J. Maxx/HomeGoods
68.	Quaker Bridge Mall	NJ	Lawrenceville	Fee	50.0	% (4)	Acquired 2003	96.2	%	1,081,469	Macy's, Lord & Taylor, JCPenney
69.	Rockaway Townsquare	NJ	Rockaway (New York)	Fee	100.0	%	Acquired 1998	95.7	%	1,246,313	Macy's, Lord & Taylor, JCPenney, Sears
70.	Roosevelt Field	NY	Garden City (New York)	Fee and Ground Lease (2090) (7)	100.0	%	Acquired 1998	96.2	%	2,372,053	Bloomingdale's (8), Nordstrom, Macy's, JCPenney, Dick's Sporting Goods, AMC Entertainment, XSport Fitness, Neiman Marcus, Residence Inn by Marriott (6)
71.	Ross Park Mall	PA	Pittsburgh	Fee	100.0	%	Built 1986	98.7	%	1,236,523	JCPenney, Nordstrom, L.L. Bean, Macy's (8), Crate & Barrel
72.	Santa Rosa Plaza	CA	Santa Rosa	Fee	100.0	%	Acquired 1998	97.3	%	692,087	Macy's, Forever 21
73.	Shops at Chestnut Hill, The	MA	Chestnut Hill (Boston)	Fee	94.4	%	Acquired 2002	94.1	%	470,067	Bloomingdale's (8)
74.	Shops at Clearfork, The	TX	Fort Worth	Fee	45.0	% (4)	Built 2017	86.0	%	548,426	Neiman Marcus, Arhaus Furniture, AMC Theatre, Pinstripes
75.	Shops at Crystals, The	NV	Las Vegas	Fee	50.0	% (4)	Acquired 2016	97.3	%	260,165	Aria Resort and Casino (15)
76.	Shops at Nanuet, The	NY	Nanuet	Fee	100.0	%	Redeveloped 2013	94.8	%	757,928	Macy's (13), Fairway Market, Regal Cinema, 24 Hour Fitness, At Home (6)
77.	Shops at Mission Viejo, The	CA	Mission Viejo (Los Angeles)	Fee	51.0	% (4)	Built 1979	96.7	%	1,254,716	Nordstrom, Macy's (8), Forever 21
78.	Shops at Riverside, The	NJ	Hackensack (New York)	Fee	100.0	%	Acquired 2007	95.9	%	654,488	Bloomingdale's, Barnes & Noble, Arhaus Furniture, AMC Theatre
79.	Smith Haven Mall	NY	Lake Grove (New York)	Fee	25.0	% (4) (2)	Acquired 1995	94.8	%	1,302,412	Macy's (8), JCPenney, Sears, Dick's Sporting Goods, Barnes & Noble, L.L. Bean
80.	Solomon Pond Mall	MA	Marlborough (Boston)	Fee	56.4	% (4)	Acquired 1999	96.3	%	886,596	Macy's, JCPenney, Sears, Regal Cinema
81.	South Hills Village	PA	Pittsburgh	Fee	100.0	%	Acquired 1997	99.4	%	1,128,832	Macy's (8), Barnes & Noble, AMC Cinemas, Dick's Sporting Goods, Target, DSW, Ulta
82.	South Shore Plaza	MA	Braintree (Boston)	Fee	100.0	%	Acquired 1998	97.4	%	1,587,963	Macy's, Lord & Taylor, Sears, Nordstrom, Target, Primark
83.	Southdale Center	MN	Edina (Minneapolis)	Fee	100.0	%	Acquired 2007	89.8	%	1,053,828	Macy's, AMC Theatres, Dave & Buster's, Restoration Hardware (6), Life Time Athletic (6), Life Time Work/Sport (6), Homewood Suites by Hilton, (16)
84.	SouthPark	NC	Charlotte	Fee and Ground Lease (2040) (9)	100.0	%	Acquired 2002	100.0	%	1,678,376	Neiman Marcus, Nordstrom, Macy's, Dillard's, Belk, Dick's Sporting Goods, Crate & Barrel, The Container Store, Reid's Fine Foods & Wine Bar (15), (16)
85.	Southridge Mall	WI	Greendale (Milwaukee)	Fee	100.0	%	Acquired 2007	94.2	%	1,220,791	JCPenney, Macy's, Marcus Cinema, Dick's Sporting Goods, Round 1
86.	Springfield Mall (1)	PA	Springfield (Philadelphia)	Fee	50.0	% (4)	Acquired 2005	95.0	%	609,910	Macy's, Target
87.	Square One Mall	MA	Saugus (Boston)	Fee	56.4	% (4)	Acquired 1999	97.9	%	930,279	Macy's, Sears, Best Buy, T.J. Maxx N More, Dick's Sporting Goods
88.	St. Charles Towne Center	MD	Waldorf (Washington, DC)	Fee	100.0	%	Built 1990	93.6	%	979,937	Macy's (8), JCPenney, Sears, Kohl's, Dick Sporting Goods, AMC Theatres

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties


				Ownership
				Interest			Year Built
				(Expiration if	Legal		or
	Property Name	State	City (CBSA)	Lease) (3)	Ownership		Acquired	Occupancy (5)		Total GLA		Selected Larger Retailers and Uses
89.	St. Johns Town Center	FL	Jacksonville	Fee	50.0	% (4)	Built 2005	98.9	%	1,392,198		Nordstrom, Dillard's, Arhaus Furniture, Dick's Sporting Goods, Barnes & Noble, Homewood Suites by Hilton (15),
												Target, Ashley Furniture Home Store, Ross, Staples, DSW, JoAnn Fabrics, PetsMart
90.	Stanford Shopping Center	CA	Palo Alto (San Jose)	Ground Lease (2054)	94.4	% (11)	Acquired 2003	99.3	%	1,341,792		Neiman Marcus, Bloomingdale's, Nordstrom, Macy's (8), Crate and Barrel, The Container Store
91.	Stoneridge Shopping Center	CA	Pleasanton (San Francisco)	Fee	49.9	% (4)	Acquired 2007	98.1	%	1,300,380		Macy's (8), Nordstrom, JCPenney, Arhaus Furniture (6)
92.	Summit Mall	OH	Akron	Fee	100.0	%	Built 1965	92.9	%	776,922		Dillard's (8), Macy's
93.	Tacoma Mall	WA	Tacoma (Seattle)	Fee	100.0	%	Acquired 1987	96.8	%	1,319,607		Nordstrom, Macy's, JCPenney, Dick's Sporting Goods
94.	Tippecanoe Mall	IN	Lafayette	Fee	100.0	%	Built 1973	94.7	%	831,563		Macy's, JCPenney, Kohl's, Dick's Sporting Goods
95.	Town Center at Boca Raton	FL	Boca Raton (Miami)	Fee	100.0	%	Acquired 1998	97.1	%	1,778,818		Saks Fifth Avenue, Neiman Marcus, Bloomingdale's, Nordstrom, Macy's, Crate & Barrel, The Container Store, Joseph's Classic Market (6)
96.	Town Center at Cobb	GA	Kennesaw (Atlanta)	Fee	100.0	%	Acquired 1998	97.8	%	1,281,739		Belk, Macy's (8), JCPenney, Sears
97.	Towne East Square	KS	Wichita	Fee	100.0	%	Built 1975	97.6	%	1,145,360		Dillard's, Von Maur, JCPenney
98.	Treasure Coast Square	FL	Jensen Beach	Fee	100.0	%	Built 1987	91.6	%	851,079		Macy's, Dillard's, JCPenney, Regal Cinema
99.	Tyrone Square	FL	St. Petersburg (Tampa)	Fee	100.0	%	Built 1972	96.4	%	960,215		Macy's, Dillard's, JCPenney, DSW, Cobb 10 Luxury Theatres, Dick's Sporting Goods, Lucky's Market, PetSmart
100.	University Park Mall	IN	Mishawaka	Fee	100.0	%	Built 1979	95.9	%	918,932		Macy's, JCPenney, Sears, Barnes & Noble
101.	Walt Whitman Shops	NY	Huntington Station (New York)	Fee and Ground Lease (2032) (7)	100.0	%	Acquired 1998	99.3	%	1,084,827		Saks Fifth Avenue, Bloomingdale’s, Lord & Taylor, Macy’s
102.	West Town Mall	TN	Knoxville	Ground Lease (2042)	50.0	% (4)	Acquired 1991	99.0	%	1,338,790		Belk (8), Dillard’s, JCPenney, Cinebarre Theatre
103.	Westchester, The	NY	White Plains (New York)	Fee	40.0	% (4)	Acquired 1997	93.2	%	809,098		Neiman Marcus, Nordstrom, Crate and Barrel
104.	White Oaks Mall	IL	Springfield	Fee	80.7	%	Built 1977	91.9	%	925,504		Macy's, Dick's Sporting Goods, LA Fitness, Michael's (6)
105.	Wolfchase Galleria	TN	Memphis	Fee	94.5	%	Acquired 2002	97.5	%	1,151,615		Macy's, Dillard's, JCPenney, Malco Theatres, Courtyard by Marriott (14)
106.	Woodfield Mall	IL	Schaumburg (Chicago)	Fee	50.0	% (4)	Acquired 2012	98.9	%	2,150,333		Nordstrom, Macy's, Lord & Taylor, JCPenney, Sears, Arhaus Furniture, Level 257
107.	Woodland Hills Mall	OK	Tulsa	Fee	94.5	%	Acquired 2002	97.6	%	1,091,888		Macy's, Dillard's, JCPenney, Holiday Inn Express (15), Courtyard by Marriott (15)
	Total Mall GLA									120,700,674	(17)

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties


				Ownership Interest			Year Built
				(Expiration if	Legal		Or
	Property Name	State	City (CBSA)	Lease) (3)	Ownership		Acquired	Occupancy (5)		Total GLA	Selected Tenants
	Premium Outlets
1.	Albertville Premium Outlets	MN	Albertville (Minneapolis)	Fee	100.0	%	Acquired 2004	84.8	%	429,551	Calvin Klein, Coach, Gap Outlet, Kate Spade New York, Lululemon, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, The North Face, Under Armour
2.	Allen Premium Outlets	TX	Allen (Dallas)	Fee	100.0	%	Acquired 2004	96.5	%	544,769	Adidas, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, Giorgio Armani, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Staybridge Suites (14), The North Face, Tommy Hilfiger, Tory Burch
3.	Aurora Farms Premium Outlets	OH	Aurora (Cleveland)	Fee	100.0	%	Acquired 2004	96.5	%	271,711	Calvin Klein, Coach, Gap Outlet, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, The North Face, Tommy Hilfiger, Under Armour
4.	Birch Run Premium Outlets	MI	Birch Run (Detroit)	Fee	100.0	%	Acquired 2010	93.8	%	606,452	Adidas, Calvin Klein, Coach, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Pottery Barn/Williams-Sonoma Outlet, Tommy Hilfiger, The North Face, Under Armour
5.	Camarillo Premium Outlets	CA	Camarillo (Los Angeles)	Fee	100.0	%	Acquired 2004	98.5	%	675,510	Adidas, Calvin Klein, Coach, Columbia Sportswear, Giorgio Armani, Kate Spade New York, Lululemon, Michael Kors, Neiman Marcus Last Call, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, The North Face, Tommy Hilfiger, Tory Burch, Under Armour
6.	Carlsbad Premium Outlets	CA	Carlsbad (San Diego)	Fee	100.0	%	Acquired 2004	96.1	%	289,367	Adidas, Barneys New York Warehouse, Calvin Klein, Coach, Crate & Barrel, Gap Outlet, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Tory Burch, Under Armour
7.	Carolina Premium Outlets	NC	Smithfield (Raleigh)	Fee	100.0	%	Acquired 2004	94.9	%	438,822	Adidas, Coach, Gap Outlet, J.Crew, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour
8.	Charlotte Premium Outlets	NC	Charlotte	Fee	50.0	% (4)	Built 2014	98.5	%	398,686	Adidas, Coach, Gap Outlet, Guess, Kate Spade New York, Michael Kors, Nike, Saks Fifth Avenue Off 5th, Tommy Hilfiger, Under Armour
9.	Chicago Premium Outlets	IL	Aurora (Chicago)	Fee	100.0	%	Built 2004	94.6	%	687,362	Adidas, Arc'teryx, Armani Outlet, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Restoration Hardware, Saks Fifth Avenue Off 5th, Under Armour, Versace
10.	Cincinnati Premium Outlets	OH	Monroe (Cincinnati)	Fee	100.0	%	Built 2009	97.8	%	398,752	Adidas, Calvin Klein, Coach, Gap Outlet, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, The North Face, Tommy Hilfiger, Under Armour
11.	Clarksburg Premium Outlets	MD	Clarksburg (Washington, DC)	Fee	66.0	% (4)	Built 2016	89.5	%	390,126	Armani Outlet, A/X Armani Exchange, Adidas, Calvin Klein, Coach, Eredi Pisano, Ermenegildo Zegna, Express, Johnny Rockets, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, Thomas Pink, Tommy Hilfiger, Tory Burch, Under Armour
12.	Clinton Crossing Premium Outlets	CT	Clinton	Fee	100.0	%	Acquired 2004	97.3	%	276,101	Adidas, Calvin Klein, Coach, Gap Outlet, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Tommy Hilfiger, Under Armour
13.	Denver Premium Outlets	CO	Thornton (Denver)	Fee	100.0	%	Built 2018	82.5	%	328,090	A/X Armani Exchange, Calvin Klein, Coach, Gap Outlet, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, Tory Burch, Under Armour, Vineyard Vines
14.	Desert Hills Premium Outlets	CA	Cabazon (Palm Springs)	Fee	100.0	%	Acquired 2004	98.0	%	655,325	Agent Provocateur, Alexander McQueen, Armani Outlet, Balenciaga, Bottega Veneta, Brioni, Brunello Cucinelli, Burberry, Coach, Ermenegildo Zegna, Fendi, Gucci, Jimmy Choo, Loro Piana, Marc Jacobs, Moncler, Mulberry, Neiman Marcus Last Call, Nike, Polo Ralph Lauren, Prada, Roberto Cavalli, Saint Laurent Paris, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, Stuart Weitzman, Tory Burch, Valentino
15.	Edinburgh Premium Outlets	IN	Edinburgh (Indianapolis)	Fee	100.0	%	Acquired 2004	97.7	%	377,979	Adidas, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, Guess, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties


				Ownership Interest			Year Built
				(Expiration if	Legal		Or
	Property Name	State	City (CBSA)	Lease) (3)	Ownership		Acquired	Occupancy (5)		Total GLA	Selected Tenants
16.	Ellenton Premium Outlets	FL	Ellenton (Tampa)	Fee	100.0	%	Acquired 2010	96.0	%	476,884	Adidas, Calvin Klein, Coach, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Under Armour
17.	Folsom Premium Outlets	CA	Folsom (Sacramento)	Fee	100.0	%	Acquired 2004	95.0	%	297,548	Adidas, Banana Republic, Calvin Klein, Coach, Gap Outlet, Kate Spade New York, Michael Kors, Nike, Tommy Hilfiger, Under Armour
18.	Gilroy Premium Outlets	CA	Gilroy (San Jose)	Fee	100.0	%	Acquired 2004	88.3	%	578,222	Adidas, Calvin Klein, Coach, Columbia Sportswear, J.Crew, Kate Spade New York, Lululemon, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, The North Face, Tommy Hilfiger
19.	Gloucester Premium Outlets	NJ	Blackwood (Philadelphia)	Fee	50.0	% (4)	Built 2015	86.9	%	369,686	Adidas, Banana Republic, Brooks Brothers, Calvin Klein, Columbia Sportswear, Gap Outlet, Guess, Levi's, J. Crew, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, Skechers, Tommy Hilfiger, Under Armour
20.	Grand Prairie Premium Outlets	TX	Grand Prairie (Dallas)	Fee	100.0	%	Built 2012	92.9	%	416,322	Banana Republic, Bloomingdale's The Outlet Store, Calvin Klein, Coach, Columbia Sportswear, Kate Spade New York, J.Crew, Michael Kors, Nike, Saks Fifth Avenue Off 5th, Tommy Bahama, Tommy Hilfiger, Under Armour
21.	Grove City Premium Outlets	PA	Grove City (Pittsburgh)	Fee	100.0	%	Acquired 2010	93.9	%	530,771	Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, Guess, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, The North Face, Tommy Hilfiger, Under Armour
22.	Gulfport Premium Outlets	MS	Gulfport	Ground Lease (2059)	100.0	%	Acquired 2010	94.2	%	300,033	Banana Republic, Chico's, Coach, Gap Outlet, H&M, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour
23.	Hagerstown Premium Outlets	MD	Hagerstown (Baltimore/	Fee	100.0	%	Acquired 2010	87.3	%	485,161	Adidas, American Eagle Outfitters, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, Guess, J.Crew, Kate Spade New York, Loft Outlet, New Balance, Nike, The North Face, Tommy Hilfiger, Under Armour
24.	Houston Premium Outlets	TX	Cypress (Houston)	Fee	100.0	%	Built 2008	99.6	%	542,077	Ann Taylor, A/X Armani Exchange, Banana Republic, Brooks Brothers, Burberry, Calvin Klein, Coach, Furla, Gap Outlet, Giorgio Armani, Holiday Inn Express (15), Kate Spade New York, Lululemon, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Tommy Hilfiger, Tory Burch
25.	Jackson Premium Outlets	NJ	Jackson (New York)	Fee	100.0	%	Acquired 2004	97.0	%	285,696	Adidas, American Eagle Outfitters, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, J.Crew, Loft Outlet, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour
26.	Jersey Shore Premium Outlets	NJ	Tinton Falls (New York)	Fee	100.0	%	Built 2008	96.6	%	434,428	Adidas, Ann Taylor, Banana Republic, Burberry, Brooks Brothers, Calvin Klein, Coach, Columbia Sportswear, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour
27.	Johnson Creek Premium Outlets	WI	Johnson Creek	Fee	100.0	%	Acquired 2004	92.1	%	277,672	Adidas, Banana Republic, Calvin Klein, Gap Outlet, Loft Outlet, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour
28.	Kittery Premium Outlets	ME	Kittery	Fee and Ground Lease (2049) (7)	100.0	%	Acquired 2004	86.5	%	259,221	Ann Taylor, Banana Republic, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, J.Crew, Kate Spade New York, Nike, Polo Ralph Lauren, Swarovski, Tommy Hilfiger
29.	Las Americas Premium Outlets	CA	San Diego	Fee	100.0	%	Acquired 2007	97.2	%	554,107	Adidas, Banana Republic, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, Giorgio Armani, Guess, Kate Spade New York, Lacoste, Michael Kors, Nike, Polo Ralph Lauren, The North Face, Tommy Hilfiger, Under Armour

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties


				Ownership Interest			Year Built
				(Expiration if	Legal		Or
	Property Name	State	City (CBSA)	Lease) (3)	Ownership		Acquired	Occupancy (5)		Total GLA	Selected Tenants
30.	Las Vegas North Premium Outlets	NV	Las Vegas	Fee	100.0	%	Built 2003	99.4	%	676,324	All Saints, Armani Outlet, A/X Armani Exchange, Banana Republic, Burberry, Canali, CH Carolina Herrera, Cheesecake Factory, Coach, David Yurman, Dolce & Gabbana, Etro, Jimmy Choo, John Varvatos, Lululemon, Kate Spade New York, Marc Jacobs, Neiman Marcus Last Call, Michael Kors, Nike, Polo Ralph Lauren, Roberto Cavalli, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, Shake Shack, Tory Burch
31.	Las Vegas South Premium Outlets	NV	Las Vegas	Fee	100.0	%	Acquired 2004	98.7	%	535,661	Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, Guess, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour
32.	Lee Premium Outlets	MA	Lee	Fee	100.0	%	Acquired 2010	93.8	%	224,846	Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, J.Crew, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, Skechers, Tommy Hilfiger, Under Armour
33.	Leesburg Corner Premium Outlets	VA	Leesburg (Washington, DC)	Fee	100.0	%	Acquired 2004	98.9	%	478,225	Adidas, Ann Taylor, Armani Outlet, A/X Armani Exchange, Brooks Brothers, Burberry, Coach, Kate Spade New York, Lululemon, Michael Kors, Nike, Polo Ralph Lauren, Restoration Hardware, Tory Burch, Under Armour, Vineyard Vines, Williams-Sonoma
34.	Lighthouse Place Premium Outlets	IN	Michigan City (Chicago, IL)	Fee	100.0	%	Acquired 2004	86.3	%	454,782	Adidas, Ann Taylor, Banana Republic, Calvin Klein, Coach, Gap Outlet, Guess, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, The North Face, Tommy Hilfiger, Under Armour
35.	Merrimack Premium Outlets	NH	Merrimack	Fee	100.0	%	Built 2012	98.9	%	408,902	Ann Taylor, Banana Republic, Barbour, Bloomingdale's The Outlet Store, Brooks Brothers, Calvin Klein, Coach, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Tommy Hilfiger, Tory Burch, Under Armour, Vineyard Vines
36.	Napa Premium Outlets	CA	Napa	Fee	100.0	%	Acquired 2004	94.0	%	179,354	Adidas, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, J.Crew, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger
37.	Norfolk Premium Outlets	VA	Norfolk	Fee	65.0	% (4)	Built 2017	87.8	%	332,086	A/X Armani Exchange, Banana Republic, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, H&M, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, The North Face, Tommy Hilfiger, Tory Burch, Under Armour
38.	North Bend Premium Outlets	WA	North Bend (Seattle)	Fee	100.0	%	Acquired 2004	93.6	%	223,560	Banana Republic, Coach, Gap Outlet, Levi's, Michael Kors, Nike, Skechers, Under Armour
39.	North Georgia Premium Outlets	GA	Dawsonville (Atlanta)	Fee	100.0	%	Acquired 2004	91.6	%	540,721	Ann Taylor, Armani Outlet, Banana Republic, Brooks Brothers, Burberry, Calvin Klein, Coach, Columbia Sportswear, J.Crew, Kate Spade New York, Lululemon, Michael Kors, Nike, Polo Ralph Lauren, Pottery Barn, Saks Fifth Avenue Off 5th, The North Face, Tommy Hilfiger, Tory Burch, Williams-Sonoma
40.	Orlando International Premium Outlets	FL	Orlando	Fee	100.0	%	Acquired 2010	97.8	%	773,823	Adidas, Armani Outlet, Calvin Klein, Coach, Invicta, Gant, Havaianas, H&M, J.Crew, Karl Lagerfeld, Kate Spade New York, Michael Kors, Nike, Panera Bread, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, The North Face, Tommy Hilfiger, Tory Burch, Under Armour
41.	Orlando Vineland Premium Outlets	FL	Orlando	Fee	100.0	%	Acquired 2004	99.6	%	656,895	Adidas, All Saints, Armani Outlet, Bally, Bottega Veneta, Brunello Cucinelli, Burberry, Calvin Klein, Carolina Herrera, Coach, Ermenegildo Zegna, Jimmy Choo, John Varvatos, Kate Spade New York, Lacoste, Lululemon, Michael Kors, Nike, Prada, Polo Ralph Lauren, Roberto Cavalli, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, TAG Heuer, The North Face, Tod's, Tommy Hilfiger, Tory Burch, Under Armour
42.	Petaluma Village Premium Outlets	CA	Petaluma (San Francisco)	Fee	100.0	%	Acquired 2004	97.6	%	201,704	Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Coach, Gap Outlet, Kate Spade New York, Michael Kors, Nike, Saks Fifth Avenue Off 5th, Tommy Hilfiger

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties


				Ownership Interest			Year Built
				(Expiration if	Legal		Or
	Property Name	State	City (CBSA)	Lease) (3)	Ownership		Acquired	Occupancy (5)		Total GLA	Selected Tenants
43.	Philadelphia Premium Outlets	PA	Limerick (Philadelphia)	Fee	100.0	%	Built 2007	92.8	%	549,153	Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, Guess, J.Crew, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, Restoration Hardware, The North Face, Tommy Hilfiger, Tory Burch, Under Armour
44.	Phoenix Premium Outlets	AZ	Chandler (Phoenix)	Ground Lease (2077)	100.0	%	Built 2013	94.2	%	356,504	Adidas, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Columbia Sportswear, Gap Factory Store, Guess, Kate Spade New York, Michael Kors, Nike, Saks Fifth Avenue Off 5th, Tommy Bahama, Tommy Hilfiger, Under Armour
45.	Pismo Beach Premium Outlets	CA	Pismo Beach	Fee	100.0	%	Acquired 2010	98.0	%	147,430	Calvin Klein, Coach, Guess, Levi's, Nike, Polo Ralph Lauren, Skechers, Tommy Hilfiger, Van Heusen
46.	Pleasant Prairie Premium Outlets	WI	Pleasant Prairie (Chicago, IL/Milwaukee)	Fee	100.0	%	Acquired 2010	97.3	%	402,613	Adidas, Ann Taylor, Banana Republic, Calvin Klein, Coach, Gap Outlet, Kate Spade New York, J.Crew, Lacoste, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, St. John, The North Face, Tommy Hilfiger, Under Armour
47.	Puerto Rico Premium Outlets	PR	Barceloneta	Fee	100.0	%	Acquired 2010	86.2	%	350,047	Adidas, Ann Taylor, Calvin Klein, Disney Store Outlet, Gap Outlet, Lacoste, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, Puma, Tommy Hilfiger
48.	Queenstown Premium Outlets	MD	Queenstown (Baltimore)	Fee	100.0	%	Acquired 2010	96.6	%	289,594	Adidas, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, J.Crew, Kate Spade New York, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, St. John, Tommy Bahama, Under Armour
49.	Rio Grande Valley Premium Outlets	TX	Mercedes (McAllen)	Fee	100.0	%	Built 2006	90.1	%	603,929	Adidas, Ann Taylor, Armani Outlet, A/X Armani Exchange, Banana Republic, Calvin Klein, Coach, Gap Outlet, H&M, Kate Spade New York, Levi's, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour
50.	Round Rock Premium Outlets	TX	Round Rock (Austin)	Fee	100.0	%	Built 2006	97.2	%	488,698	Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, J.Crew, Kate Spade New York, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour
51.	San Francisco Premium Outlets	CA	Livermore (San Francisco)	Fee and Ground Lease (2021) (9)	100.0	%	Built 2012	97.5	%	696,886	All Saints, A/X Armani Exchange, Bloomingdale's The Outlet Store, Bottega Veneta, Brunello Cucinelli, Burberry, CH Carolina Herrera, Coach, Ermenegildo Zegna, Etro, Furla, Gucci, H&M, Jimmy Choo, John Varvatos, Kate Spade New York, Lacoste, Longchamp, MaxMara, Michael Kors, Nike, Polo Ralph Lauren, Prada, Roger Vivier, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, The North Face, Tod's, Tory Burch, Under Armour, Versace, Zadig et Voltaire
52.	San Marcos Premium Outlets	TX	San Marcos (Austin/San Antonio)	Fee	100.0	%	Acquired 2010	96.6	%	730,847	Armani Outlet, Banana Republic, Burberry, CH Carolina Herrera, Diane Von Furstenberg, Etro, Gucci, J. Crew, Jimmy Choo, Johnny Rockets, Kate Spade New York, Lacoste, Lululemon, Neiman Marcus Last Call, Michael Kors, Pandora, Polo Ralph Lauren, Pottery Barn, Prada, Restoration Hardware, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, The North Face, Tommy Bahama, Tory Burch, Vineyard Vines
53.	Seattle Premium Outlets	WA	Tulalip (Seattle)	Ground Lease (2079)	100.0	%	Built 2005	98.7	%	554,831	Adidas, Ann Taylor, Arc'teryx, Armani Outlet, Banana Republic, Burberry, Calvin Klein, Coach, Columbia Sportswear, Kate Spade New York, Lululemon, Michael Kors, Nike, Polo Ralph Lauren, St. John, The North Face, Tommy Bahama, Tommy Hilfiger, Tory Burch, Under Armour
54.	Silver Sands Premium Outlets	FL	Destin	Fee	50.0	% (4)	Acquired 2012	91.8	%	450,954	Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Coach, Columbia Sportswear, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, The North Face, Tommy Hilfiger, Under Armour
55.	St. Augustine Premium Outlets	FL	St. Augustine (Jacksonville)	Fee	100.0	%	Acquired 2004	96.9	%	327,691	Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, J.Crew, Kate Spade New York, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties


				Ownership Interest			Year Built
				(Expiration if	Legal		Or
	Property Name	State	City (CBSA)	Lease) (3)	Ownership		Acquired	Occupancy (5)		Total GLA	Selected Tenants
56.	St. Louis Premium Outlets	MO	St. Louis (Chesterfield)	Fee	60.0	% (4)	Built 2013	95.6	%	351,497	Adidas, Ann Taylor, Brooks Brothers, Coach, Gap Outlet, J. Crew, Kate Spade New York, Levi's, Michael Kors, Nike, Saks Fifth Avenue Off 5th, Tommy Hilfiger, Ugg, Under Armour
57.	Tampa Premium Outlets	FL	Lutz (Tampa)	Fee	100.0	%	Built 2015	100.0	%	459,485	Adidas, Armani Outlet, Banana Republic, BJ's Restaurant and Brewhouse, Brooks Brothers, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, J. Crew, Lucky Brand, Michael Kors, Nike, Polo Ralph Lauren, Puma, Saks 5th Avenue Off 5th, Tommy Hilfiger, Tumi, Under Armour
58.	Tanger Outlets - Columbus (1)	OH	Sunbury (Columbus)	Fee	50.0	% (4)	Built 2016	94.1	%	355,255	Banana Republic, Brooks Brothers, Coach, Kate Spade New York, Nike, Polo Ralph Lauren, Under Armour
59.	Tanger Outlets - Galveston/Houston (1)	TX	Texas City	Fee	50.0	% (4)	Built 2012	95.2	%	352,705	Banana Republic, Brooks Brothers, Coach, Gap Outlet, J. Crew, Kate Spade New York, Michael Kors, Nike, Tommy Hilfiger
60.	The Crossings Premium Outlets	PA	Tannersville	Fee and Ground Lease (2019) (7)	100.0	%	Acquired 2004	98.9	%	411,747	Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, J.Crew, Johnny Rockets, Kate Spade New York, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, The North Face, Tommy Hilfiger, Under Armour
61.	Tucson Premium Outlets	AZ	Marana (Tucson)	Fee	100.0	%	Built 2015	91.3	%	363,437	Adidas, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Forever 21, Gap Outlet, Godiva, Guess, J. Crew, Johnny Rockets, Levi’s, Michael Kors, Nike, Polo Ralph Lauren, Saks 5th Avenue Off 5th, Skechers, Tommy Hilfiger, Under Armour
62.	Twin Cities Premium Outlets	MN	Eagan	Fee	35.0	% (4)	Built 2014	97.2	%	408,930	Adidas, Ann Taylor, Armani Outlet, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, J. Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Robert Graham, Saks Fifth Avenue Off 5th, Talbots, Under Armour
63.	Vacaville Premium Outlets	CA	Vacaville	Fee	100.0	%	Acquired 2004	95.4	%	440,263	Adidas, Ann Taylor, Banana Republic, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, J.Crew, Kate Spade New York, Lacoste, Michael Kors, Nike, Polo Ralph Lauren, Skechers, The North Face, Tommy Hilfiger, Under Armour
64.	Waikele Premium Outlets	HI	Waipahu (Honolulu)	Fee	100.0	%	Acquired 2004	98.7	%	219,289	Adidas, All Saints, Armani Outlet, Banana Republic, Barney's New York, Calvin Klein, Coach, Furla, Kate Spade New York, Michael Kors, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Swarovski, Tommy Hilfiger, Tory Burch
65.	Waterloo Premium Outlets	NY	Waterloo	Fee	100.0	%	Acquired 2004	92.4	%	421,200	American Eagle Outfitters, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Chico’s, Coach, Columbia Sportswear, Gap Outlet, H&M, J.Crew, Levi's, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, Skechers, Tommy Hilfiger, Under Armour
66.	Williamsburg Premium Outlets	VA	Williamsburg	Fee	100.0	%	Acquired 2010	96.2	%	522,450	Adidas, American Eagle Outfitters, Ann Taylor, Banana Republic, Brooks Brothers, Burberry, Calvin Klein, Coach, J.Crew, Kate Spade New York, Levi's, Loft Outlet, Michael Kors, New Balance, Nike, Pandora, Polo Ralph Lauren, The North Face, Timberland, Tommy Bahama, Tommy Hilfiger, Under Armour
67.	Woodburn Premium Outlets	OR	Woodburn (Portland)	Fee	100.0	%	Acquired 2013	99.2	%	389,821	Adidas, Ann Taylor, Banana Republic, Calvin Klein, Coach, Gap Outlet, J. Crew, Levi's, Michael Kors, Nike, The North Face, Polo Ralph Lauren, Tommy Hilfiger, Tory Burch, Under Armour
68.	Woodbury Common Premium Outlets	NY	Central Valley (New York)	Fee	100.0	%	Acquired 2004	96.7	%	899,088	Arc'teryx, Armani Outlet, Balenciaga, Bottega Veneta, Breitling, Brioni, Brunello Cucinelli, Burberry, Canali, Celine, Chloe, Coach, Dior, Dolce & Gabbana, Dunhill, Fendi, Givenchy, Golden Goose, Gucci, Jimmy Choo, Lacoste, Le Pain Quotidien, Loewe, Longchamp, Loro Piana, Marc Jacobs, Michael Kors, Moncler, Mulberry, Nike, Oscar de la Renta, Polo Ralph Lauren, Prada, Saint Laurent, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, Shake Shack, Stuart Weitzman, Theory, Tod's, Tom Ford, Tory Burch, Valentino, Versace, Yo! Sushi, Zegna

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties


				Ownership Interest			Year Built
				(Expiration if	Legal		Or
	Property Name	State	City (CBSA)	Lease) (3)	Ownership		Acquired	Occupancy (5)		Total GLA	Selected Tenants
69.	Wrentham Village Premium Outlets	MA	Wrentham (Boston)	Fee	100.0	%	Acquired 2004	97.1	%	660,186	Adidas, All Saints, Ann Taylor, Armani Outlet, Banana Republic, Bloomingdale's The Outlet Store, Brooks Brothers, Burberry, Calvin Klein, Coach, David Yurman, J.Crew, Karl Lagerfeld, Kate Spade New York, Lacoste, Lululemon, Michael Kors, Nike, Polo Ralph Lauren, Puma, Restoration Hardware, Robert Graham, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, Theory, Tommy Hilfiger, Tory Burch, Under Armour, Vineyard Vines
	Total U.S. Premium Outlets GLA									30,467,844

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties


				Ownership Interest			Year Built
				(Expiration if	Legal		or
	Property Name	State	City (CBSA)	Lease) (3)	Ownership		Acquired	Occupancy (5)		Total GLA	Selected Tenants
	The Mills
1.	Arizona Mills	AZ	Tempe (Phoenix)	Fee	100.0	%	Acquired 2007	94.5	%	1,236,915	Marshalls, Burlington Coat Factory, Ross, Harkins Cinemas & IMAX, Sea Life Center, Conn's, Legoland, Forever 21, Rainforest Café
2.	Arundel Mills	MD	Hanover (Baltimore)	Fee	59.3	% (4)	Acquired 2007	99.9	%	1,930,820	Bass Pro Shops Outdoor World, Bed Bath & Beyond, Best Buy, Burlington Coat Factory, Dave & Buster's, Medieval Times, Modell's, Saks Fifth Avenue Off 5th, Off Broadway Shoe Warehouse, T.J. Maxx, Cinemark Egyptian 24 Theatres, Maryland Live! Casino, Forever 21, Live! Hotel (14)
3.	Colorado Mills	CO	Lakewood (Denver)	Fee	37.5	% (4)	Acquired 2007	89.0	%	1,414,037	Forever 21, Jumpstreet, Off Broadway Shoe Warehouse, Saks Fifth Avenue Off 5th, Super Target, United Artists Theatre, Burlington Coat Factory, H&M, Dick's Sporting Goods
4.	Concord Mills	NC	Concord (Charlotte)	Fee	59.3	% (4)	Acquired 2007	99.5	%	1,362,404	Bass Pro Shops Outdoor World, Burlington Coat Factory, Dave & Buster's, Nike Factory Store, T.J. Maxx, Off Broadway Shoes, Bed Bath & Beyond, AMC Theatres, Best Buy, Forever 21, Sea Life Center, H&M
5.	Grapevine Mills	TX	Grapevine (Dallas)	Fee	59.3	% (4)	Acquired 2007	99.3	%	1,781,628	Burlington Coat Factory, Marshalls, Saks Fifth Avenue Off 5th, AMC Theatres, Sun & Ski Sports, Neiman Marcus Last Call, Bass Pro Shops Outdoor World, Legoland Discovery Center, Sea Life Center, Ross, H&M, Round 1 Entertainment, Fieldhouse USA, Rainforest Café
6.	Great Mall	CA	Milpitas (San Jose)	Fee and Ground Lease (2049) (7)	100.0	%	Acquired 2007	99.5	%	1,365,957	Neiman Marcus Last Call, Group USA, Kohl's, Dave & Buster's, Burlington Coat Factory, Marshalls, Saks Fifth Avenue Off 5th, Nike Factory Store, Century Theatres, Bed Bath & Beyond, Dick's Sporting Goods
7.	Gurnee Mills	IL	Gurnee (Chicago)	Fee	100.0	%	Acquired 2007	83.5	%	1,936,699	Bass Pro Shops Outdoor World, Bed Bath & Beyond/Buy Buy Baby, Burlington Coat Factory, Kohl's, Marshalls Home Goods, Saks Fifth Avenue Off 5th, Rink Side, Marcus Cinemas, Value City Furniture, Off Broadway Shoe Warehouse, Macy's, Floor & Decor, Dick's Sporting Goods, Tilt/Rink Side Sports & Family Entertainment Center, Rainforest Café, The Room Place
8.	Katy Mills	TX	Katy (Houston)	Fee	62.5	% (4) (2)	Acquired 2007	97.3	%	1,788,216	Bass Pro Shops Outdoor World, Burlington Coat Factory, Marshalls, Neiman Marcus Last Call, Saks Fifth Avenue Off 5th, Sun & Ski Sports, AMC Theatres, Tilt, Ross, H&M, RH Outlet, Rainforest Café
9.	Mills at Jersey Gardens, The	NJ	Elizabeth	Fee	100.0	%	Acquired 2015	99.8	%	1,303,423	Bed Bath & Beyond, Burlington Coat Factory, Century 21 Department Store, Cohoes, Forever 21, Last Call Neiman Marcus, Loews Theatres, Marshalls, Nike Factory Store, Saks 5th Avenue Off 5th,
10.	Ontario Mills	CA	Ontario (Riverside)	Fee	50.0	% (4)	Acquired 2007	98.8	%	1,421,108	Burlington Coat Factory, Nike Factory Store, Marshalls, Saks Fifth Avenue Off 5th, Nordstrom Rack, Dave & Buster's, Group USA, Sam Ash Music, AMC Theatres, Forever 21, Uniqlo, Restoration Hardware Outlet, Skechers Superstore, Rainforest Café, Aki-Home
11.	Opry Mills	TN	Nashville	Fee	100.0	%	Acquired 2007	99.8	%	1,168,641	Regal Cinema & IMAX, Dave & Buster's, Sun & Ski, Bass Pro Shops Outdoor World, Bed Bath & Beyond, Saks Fifth Avenue Off 5th, Madame Tussauds, Rainforest Café, Aquarium Restaurant
12.	Outlets at Orange, The	CA	Orange (Los Angeles)	Fee	100.0	%	Acquired 2007	100.0	%	866,972	Dave & Buster’s, Vans Skatepark, Lucky Strike Lanes, Saks Fifth Avenue Off 5th, AMC Theatres, Neiman Marcus Last Call, Nordstrom Rack, Bloomingdale's the Outlet Store
13.	Potomac Mills	VA	Woodbridge (Washington, DC)	Fee	100.0	%	Acquired 2007	99.1	%	1,540,304	Marshalls, T.J. Maxx, JCPenney, Burlington Coat Factory, Nordstrom Rack, Saks Fifth Avenue Off 5th Outlet, Costco Warehouse, AMC Theatres, Bloomingdale's Outlet, Buy Buy Baby/and That!
14.	Sawgrass Mills	FL	Sunrise (Miami)	Fee	100.0	%	Acquired 2007	99.2	%	2,273,898	Bed Bath & Beyond, BrandsMart USA, Burlington Coat Factory, Marshalls, Neiman Marcus Last Call, Nordstrom Rack, Saks Fifth Avenue Off 5th, Super Target, T.J. Maxx, Regal Cinema, Bloomingdale's Outlet, Century 21 Department Store, Dick's Sporting Goods, Primark (6), AC Hotel by Marriott (6)
	Total Mills Properties GLA									21,391,022

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties


				Ownership Interest			Year Built
				(Expiration if	Legal		or
	Property Name	State	City (CBSA)	Lease) (3)	Ownership		Acquired	Occupancy (5)		Total GLA		Selected Tenants
	Lifestyle Centers
1.	ABQ Uptown	NM	Albuquerque	Fee	100.0	%	Acquired 2011	98.7	%	230,061		Anthropologie, Apple, Pottery Barn
2.	Hamilton Town Center	IN	Noblesville (Indianapolis)	Fee	50.0	% (4)	Built 2008	93.4	%	672,905		JCPenney, Dick's Sporting Goods, Stein Mart, Bed Bath & Beyond, DSW, Hamilton 16 IMAX, Earth Fare
3.	Pier Park	FL	Panama City Beach	Fee	65.6	% (4)	Built 2008	96.7	%	932,721		Dillard's, JCPenney, Target, Grand Theatres, Ron Jon Surf Shop, Margaritaville, Marshalls, Dave & Buster's, Skywheel
4.	University Park Village	TX	Fort Worth	Fee	100.0	%	Acquired 2015	99.3	%	169,842		Anthropologie, Apple, Pottery Barn
	Total Lifestyle Centers GLA									2,005,529


	Other Properties
1 - 10.	Other Properties									3,645,297
11 - 12.	TMLP						Acquired 2007			2,913,687
	Total Other GLA									6,558,984	(17)
	Total U.S. Properties GLA									181,124,053

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties

FOOTNOTES:

	(1)		This property is managed by a third party.

	(2)		Our direct and indirect interests in some of the properties held as joint venture interests are subject to preferences on distributions in favor of other partners or us.

	(3)		The date listed is the expiration date of the last renewal option available to the operating entity under the ground lease. In a majority of the ground leases, we have a right to purchase the lessor’s interest under an option, right of first refusal or other provision. Unless otherwise indicated, each ground lease listed in this column covers at least 50% of its respective property.

	(4)		Joint venture properties accounted for under the equity method.

	(5)		Malls - Executed leases for all company-owned GLA in mall stores, excluding majors and anchors. Premium Outlets and The Mills - Executed leases for all company-owned GLA (or total center GLA).

	(6)		Indicates box, anchor, major or project currently under development/construction or has announced plans for development.

	(7)		Indicates ground lease covers less than 50% of the acreage of this property.

	(8)		Tenant has multiple locations at this center.

	(9)		Indicates ground lease covers outparcel only.

	(10)		Tenant has an existing store at this center but will move to a new location.

	(11)		We receive substantially all the economic benefit of the property due to a preference or advance.

	(12)		We own a mortgage note that encumbers Pheasant Lane Mall that entitles us to 100% of the economics of this property.

	(13)		Indicates anchor has announced its intent to close this location.

	(14)		Indicates box, anchor, major or project currently under development/construction by a third party.

	(15)		Owned by a third party.

	(16)		Includes multi-family tenant on-site.

	(17)		GLA includes office space. Centers with more than 75,000 square feet of office space are listed below:


Auburn Mall - 85,619 sq. ft.
Circle Centre - 130,635 sq. ft.
Copley Place - 893,670 sq. ft.
Domain, The - 156,240 sq. ft.
Fashion Centre at Pentagon City, The - 169,089 sq. ft.
Oxford Valley Mall - 137,791 sq. ft.
Shops at Clearfork, The - 142,684 sq. ft.

United States Lease Expirations

The following table summarizes lease expiration data for our U.S. malls and Premium Outlets, including Puerto Rico, as of December 31, 2018. The data presented does not consider the impact of renewal options that may be contained in leases.

U.S. MALLS AND PREMIUM OUTLETS LEASE EXPIRATIONS (1)


			Avg. Base		Percentage of Gross
	Number of		Minimum Rent		Annual Rental
Year	Leases Expiring	Square Feet	PSF at 12/31/18		Revenues (2)
Inline Stores and Freestanding
Month to Month Leases	530	1,407,824	$	61.88	1.6	%
2019	2,413	8,503,453	$	51.65	7.7	%
2020	2,368	8,085,250	$	50.87	7.2	%
2021	2,125	8,109,158	$	49.99	7.2	%
2022	2,043	8,120,171	$	50.11	7.3	%
2023	2,328	8,685,716	$	56.79	8.7	%
2024	1,673	6,678,649	$	58.56	6.9	%
2025	1,450	5,502,091	$	65.09	6.4	%
2026	1,283	4,573,797	$	63.39	5.1	%
2027	1,031	3,849,512	$	62.90	4.3	%
2028	866	3,653,830	$	56.94	3.7	%
2029 and Thereafter	447	2,797,024	$	46.42	2.4	%
Specialty Leasing Agreements w/ terms in excess of 12 months	1,536	3,964,360	$	19.41	1.4	%
Anchors
2019	9	1,004,555	$	3.80	0.1	%
2020	22	3,137,784	$	4.39	0.3	%
2021	12	1,422,205	$	4.74	0.1	%
2022	14	1,915,691	$	6.37	0.2	%
2023	18	2,468,058	$	6.55	0.3	%
2024	20	1,465,647	$	9.63	0.3	%
2025	15	1,404,556	$	9.35	0.2	%
2026	5	633,170	$	4.97	0.1	%
2027	6	920,224	$	4.16	0.1	%
2028	9	857,119	$	7.43	0.1	%
2029 and Thereafter	17	2,013,617	$	6.17	0.2	%

	(1)		Does not consider the impact of renewal options that may be contained in leases.

	(2)		Annual rental revenues represent domestic 2018 consolidated and joint venture combined base rental revenue.

International Properties

Our ownership interests in properties outside the United States are primarily owned through joint venture arrangements. With the exception of our Premium Outlets in Canada, all of our international properties are managed by related parties.

European Investments

At December 31, 2018, we owned 63,924,148 shares, or approximately 21.3%, of Klépierre, which had a quoted market price of $30.86 per share. Klépierre is a publicly traded, Paris-based real estate company, which owns, or has an interest in shopping centers located in 16 countries.

As of December 31, 2018, we had a controlling interest in a European investee with interests in nine Designer Outlet properties. Eight of the outlet properties are located in Europe and one outlet property is located in Canada. Of the eight properties in Europe, two are in Italy, two are in the Netherlands, and one each is in Austria, Germany, France and the United Kingdom. As of December 31, 2018, our legal percentage ownership interests in these entities ranged from 45% to 94%.

We own a 14.6% interest in Value Retail PLC and affiliated entities, which own and operate nine luxury outlets throughout Europe. We also have a minority direct ownership in three of those outlets.

Other International Investments

We hold a 40% interest in nine operating joint venture properties in Japan, a 50% interest in four operating joint venture properties in South Korea, a 50% interest in one operating joint venture property in Mexico, a 50% interest in two operating joint venture properties in Malaysia, and a 50% interest in three operating joint venture properties in Canada. The nine Japanese Premium Outlets operate in various cities throughout Japan and comprise over 3.3 million square feet of GLA and were 99.7% leased as of December 31, 2018.

The following property tables summarize certain data for our international properties as of December 31, 2018 and do not include our equity investment in Klépierre or our investment in Value Retail PLC and affiliated entities.

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

International Properties


		City	Ownership	SPG Effective			Total Gross
	COUNTRY/Property Name	(Metropolitan area)	Interest	Ownership		Year Built	Leasable Area (1)	Selected Tenants
	JAPAN
1.	Ami Premium Outlets	Ami (Tokyo)	Fee	40.0	%	2009	315,000	Adidas, Beams, Coach, Gap Outlet, Kate Spade New York, McGregor, Michael Kors, Polo Ralph Lauren, Puma, TaylorMade, Tommy Hilfiger
2.	Gotemba Premium Outlets	Gotemba City (Tokyo)	Fee	40.0	%	2000	481,500	Adidas, Armani, Balenciaga, Bally, Beams, Bottega Veneta, Burberry, Coach, Dolce & Gabbana, Dunhill, Gap Outlet, Gucci, Jill Stuart, Loro Piana, Michael Kors, Moncler, Nike, Polo Ralph Lauren, Prada/Miu Miu, Salvatore Ferragamo, Tod's, United Arrows
3.	Kobe-Sanda Premium Outlets	Hyougo-ken (Osaka)	Ground Lease (2026)	40.0	%	2007	441,000	Adidas, Armani, Bally, Beams, Coach, Dolce & Gabbana, Gap Outlet, Gucci, Kate Spade New York, Marc Jacobs, Michael Kors, Nike, Polo Ralph Lauren, Prada/Miu Miu, Salvatore Ferragamo, Tod's, Tommy Hilfiger, United Arrows, Valentino
4.	Rinku Premium Outlets	Izumisano (Osaka)	Ground Lease (2031)	40.0	%	2000	416,500	Adidas, Armani, Bally, Beams, Coach, Dolce & Gabbana, Dunhill, Eddie Bauer, Furla, Gap Outlet, Kate Spade New York, Lanvin Collection, Michael Kors, Nike, Olive des Olive, Polo Ralph Lauren, Salvatore Ferragamo, TaylorMade, Tommy Hilfiger, United Arrows
5.	Sano Premium Outlets	Sano (Tokyo)	Fee	40.0	%	2003	390,800	Adidas, Armani, Beams, Coach, Dunhill, Eddie Bauer, Etro, Furla, Gap Outlet, Gucci, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Prada/Miu Miu, TaylorMade
6.	Sendai-Izumi Premium Outlets	Izumi Park Town (Sendai)	Ground Lease (2027)	40.0	%	2008	164,200	Adidas, Beams, Coach, Polo Ralph Lauren, Tasaki, United Arrows
7.	Shisui Premium Outlets (2)	Shisui (Chiba), Japan	Ground Lease (2033)	40.0	%	Phase 2 - 2013	434,600	Adidas, Beams, Citizen, Coach, Dunhill, Furla, Gap, Kate Spade New York, Marmot, Michael Kors, Nike, Polo Ralph Lauren, Samsonite, Tommy Hilfiger, United Arrows
						Phase 3 - 2018
8.	Toki Premium Outlets	Toki (Nagoya)	Ground Lease (2033)	40.0	%	2005	367,700	Adidas, Beams, Coach, Furla, Gap Outlet, Kate Spade New York, Nike, Olive des Olive, Polo Ralph Lauren, Puma, Timberland, Tommy Hilfiger, United Arrows
9.	Tosu Premium Outlets	Fukuoka (Kyushu)	Fee	40.0	%	2004	290,400	Adidas, Armani, Beams, Bose, Coach, Dolce & Gabbana, Furla, Gap Outlet, Kate Spade New York, Michael Kors, Nike, Olive des Olive, Polo Ralph Lauren, Puma, Tommy Hilfiger, United Arrows
	Subtotal Japan						3,301,700

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

International Properties


		City	Ownership	SPG Effective			Total Gross
	COUNTRY/Property Name	(Metropolitan area)	Interest	Ownership		Year Built	Leasable Area (1)	Selected Tenants
	MEXICO
10.	Punta Norte Premium Outlets	Mexico City	Fee	50.0	%	2004	333,000	Adidas, Calvin Klein, CH Carolina Herrera, Coach, Dolce & Gabbana, Kate Spade New York, Nautica, Nike, Palacio Outlet, Salvatore Ferragamo, Zegna
	Subtotal Mexico						333,000
	SOUTH KOREA
11.	Yeoju Premium Outlets	Yeoju (Seoul)	Fee	50.0	%	2007	551,600	Adidas, Armani, Burberry, Chloe, Coach, Fendi, Gucci, Michael Kors, Nike, Polo Ralph Lauren, Salvatore Ferragamo, Tod's, Valentino, Vivienne Westwood
12.	Paju Premium Outlets	Paju (Seoul)	Ground Lease (2040)	50.0	%	2011	442,900	Armani, Bean Pole, Calvin Klein, Coach, Jill Stuart, Lanvin Collection, Marc Jacobs, Michael Kors, Nike, Polo Ralph Lauren, Tory Burch, Vivienne Westwood
13.	Busan Premium Outlets	Busan	Fee	50.0	%	2013	360,200	Adidas, Armani, Bean Pole, Calvin Klein, Coach, Michael Kors, Nike, Polo Ralph Lauren, The North Face, Tommy Hilfiger
14.	Siehung Premium Outlets	Siehung	Fee	50.0	%	2017	444,400	Adidas, Armani, Bean Pole, Calvin Klein, Coach, Michael Kors, Nike, Polo Ralph Lauren, Salvatore Ferragamo, The North Face
	Subtotal South Korea						1,799,100
	MALAYSIA
15.	Johor Premium Outlets	Johor (Singapore)	Fee	50.0	%	Phase 2 - 2011	309,400	Adidas, Armani, Calvin Klein, Coach, DKNY, Furla, Gucci, Guess, Michael Kors, Nike, Polo Ralph Lauren, Puma, Salvatore Ferragamo, Timberland, Tommy Hilfiger, Tory Burch, Zegna
						Phase 3 - 2018
16.	Genting Highlands Premium Outlets	Kuala Lumpur	Fee	50.0	%	2017	277,500	Adidas, Coach, Furla, Kate Spade New York, Michael Kors, Padini, Polo Ralph Lauren, Puma
	Subtotal Malaysia						586,900
	CANADA
17.	Toronto Premium Outlets (2)	Toronto (Ontario)	Fee	50.0	%	Phase 3 - 2013	500,400	Adidas, Armani, Burberry, Calvin Klein, Coach, Eddie Bauer, Gap, Gucci, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue, Tommy Hilfiger, Tory Burch
						Phase 4 - 2018
18.	Premium Outlets Montreal	Montreal (Quebec)	Fee	50.0	%	2014	366,500	Adidas, Calvin Klein, Coach, Gap, Michael Kors, Nike, Polo Ralph Lauren, Salvatore Ferragamo, Tommy Hilfiger
19.	Premium Outlet Collection Edmonton International Airport	Edmonton (Alberta)	Ground Lease (2072)	50.0	%	2018	424,000
	Subtotal Canada						1,290,900
	TOTAL INTERNATIONAL PREMIUM OUTLETS						7,311,600

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

International Properties


		City	Ownership	SPG Effective			Total Gross
	COUNTRY/Property Name	(Metropolitan area)	Interest	Ownership		Year Built	Leasable Area (1)	Selected Tenants
	INTERNATIONAL DESIGNER OUTLETS
	AUSTRIA
1.	Parndorf Designer Outlet	Vienna	Fee	90.0	%	Phase 3 — 2005	118,000	Adidas, Armani, Bally, Burberry, Calvin Klein, Coach, Dolce & Gabbana, Furla, Geox, Gucci, Michael Kors, Moncler, Polo Ralph Lauren, Porsche Design, Prada, Zegna
	Phases 3 & 4					Phase 4 — 2011
	Subtotal Austria						118,000
	ITALY
2.	La Reggia Designer Outlet	Marcianise (Naples)	Fee	90.0	%	Phase 1 — 2010	288,000	Adidas, Armani, Calvin Klein, Liu Jo, Michael Kors, Nike, Pinko, Polo Ralph Lauren, Puma, Roberto Cavalli, Timberland, Tommy Hilfiger, Versace
	Phases 1 & 2					Phase 2a — 2010
						Phase 2b — 2011
3.	Noventa Di Piave Designer	Venice	Fee	90.0	%	Phase 1 — 2008	324,000	Armani, Bally, Bottega Veneta, Brioni, Burberry, Calvin Klein, Fendi, Furla, Gucci, Loro Piana, Michael Kors, Nike, Paul Smith, Pinko, Polo Ralph Lauren, Prada, Salvatore Ferragamo, Sergio Rossi,Tommy Hilfiger, Valentino, Versace, Zegna
	Outlet Phases 1, 2, 3, & 4					Phase 2 — 2010
						Phase 3 — 2012
						Phase 4a - 2016
	Subtotal Italy						612,000
	NETHERLANDS
4.	Roermond Designer Outlet Phases 2 & 3	Roermond	Fee	90.0	%	Phase 2 — 2005	173,000	Armani, Bally, Burberry, Calvin Klein, Coach, Furla, Gucci, Michael Kors, Moncler, Mulberry, Polo Ralph Lauren, Prada, Swarovski, Tod's, Tommy Hilfiger, UGG, Zegna
						Phase 3 — 2011
5.	Roermond Designer Outlet Phase 4	Roermond	Fee	46.1	%	2017	125,000	Adidas, Karl Lagerfield, Liu Jo, Longchamp, Tag Heuer, Tom Tailor, Woolrich
6.	Rosada Designer Outlet	Roosendaal	Fee	94.0	%	2017	247,500	Adidas, Calvin Klein, Esprit, Guess, Nike, Puma, S. Oliver
	Subtotal Netherlands						545,500
	UNITED KINGDOM
7.	Ashford Designer Outlet	Kent	Fee	45.0	%	2000	183,000	Adidas, Bose, Calvin Klein, Clarks, Fossil, French Connection, Gap, Guess, Nike, Polo Ralph Lauren, Superdry, Tommy Hilfiger
	Subtotal England						183,000
	CANADA
8.	Vancouver Designer Outlets	Vancouver	Ground Lease (2072)	45.0	%	2015	242,000	Armani, Calvin Klein, Coach, Gap, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger
	Subtotal Canada						242,000
	GERMANY
9.	Ochtrup Designer Outlets	Ochtrup	Fee	70.5	%	2016	191,500	Adidas, Lindt, Nike, Puma, Samsonite, Schiesser, Seidensticker, Steiff, Tom Tailor, Vero Moda, Watch Station
	Subtotal Germany						191,500
	FRANCE
10.	Provence Designer Outlet	Miramas	Fee	90.0	%	2017	269,000	Armani, Furla, Guess, Michael Kors, Nike, Polo Ralph Lauren, Puma, Timberland, Tommy Hilfiger
	Subtotal France						269,000
	Total International Designer Outlets						2,161,000

FOOTNOTES:

	(1)		All gross leasable area listed in square feet.

	(2)		Property is undergoing an expansion.

	(3)		Indicates tenant is under development/construction or has announced plans for development.

Land

We have direct or indirect ownership interests in approximately 370 acres of land held in the United States and Canada for future development.

Sustainability

We incorporate sustainable thinking into many of the areas of our business; from how we plan, develop, and operate our properties, to how we do business with our customers, engage with our communities, and create a productive and positive work environment for our employees. Our sustainability framework focuses on four key areas: Properties, Customers, Communities, and Employees.

We leverage sustainability to achieve cost efficiencies in our operations. By implementing a range of energy management practices and continuous energy monitoring and reporting, we have reduced our energy consumption at comparable properties every year since 2003. As a result, excluding new developments, we have reduced the electricity usage over which we have direct control by 363 million kWhs since 2003. This represents a 37% reduction in electricity usage across a portfolio of comparable properties.

Our reduction in greenhouse gas emissions resulting from our energy management efforts in the same time period is 261,169 metric tons of CO2e. This figure includes emission streams that have been consistently tracked since 2003 including scope 1, scope 2, and for scope 3 only employee commuting and business travel. Additional emission streams, such as emissions generated from solid waste management, use of refrigerants and tenants’ plug-load consumptions, were included in Simon’s sustainability disclosure since 2013 and are reported in Simon’s annual sustainability report published in accordance with the guidelines of the Global Reporting Initiatives (GRI), the most widely used international standard for sustainability reporting.

Simon’s sustainability performance was once again recognized by international organizations. In 2018, Simon was awarded a score of A- by CDP in the climate change questionnaire, which identifies the company as a sustainability leader for driving significant reduction in emissions, implementing strategies to manage climate related risks and opportunities as well as setting company-wide sustainability goals. Simon was also awarded a Green Star ranking - the designation awarded for leadership in sustainability performance by the Global Real Estate Sustainability Benchmark (GRESB).

Mortgages and Unsecured Debt

The following table sets forth certain information regarding the mortgages encumbering our properties, and the properties held by our domestic and international joint venture arrangements, and also our unsecured corporate debt. Substantially all of the mortgage and property related debt is nonrecourse to us.

Mortgage and Unsecured Debt

As of December 31, 2018

(Dollars in thousands)


	Interest			Face			Annual Debt			Maturity
Property Name	Rate			Amount			Service (1)			Date
Consolidated Indebtedness:
Secured Indebtedness:
Arizona Mills	5.76	%		$	152,911		$	12,268		07/01/20
Battlefield Mall	3.95	%			117,500			7,118		09/01/22
Birch Run Premium Outlets	4.21	%			123,000			5,177	(2)	02/06/26
Calhoun Outlet Marketplace	4.17	%			18,670	(19)		1,140		06/01/26
Carolina Premium Outlets	3.36	%			44,169			2,675		12/01/22
Domain, The	5.44	%			184,739			14,085		08/01/21
Ellenton Premium Outlets	4.30	%			178,000			7,651	(2)	12/01/25
Empire Mall	4.31	%			190,000			8,197	(2)	12/01/25
Florida Keys Outlet Marketplace	4.17	%			17,000			709	(2)	12/01/25
Gaffney Outlet Marketplace	4.17	%			30,159	(19)		1,841		06/01/26
Grand Prairie Premium Outlets	3.66	%			114,013			6,596		04/01/23
Grove City Premium Outlets	4.31	%			140,000			6,032	(2)	12/01/25
Gulfport Premium Outlets	4.35	%			50,000			2,174	(2)	12/01/25
Gurnee Mills	3.99	%			264,582			15,736		10/01/26
Hagerstown Premium Outlets	4.26	%			75,951			4,550		02/06/26
Ingram Park Mall	5.38	%			128,060			9,746		06/01/21
La Reggia Designer Outlet Phases 1 & 2	2.25	%	(25)		148,133	(30)		7,780		02/15/22
Lee Premium Outlets	4.17	%			51,701	(19)		3,157		06/01/26
Merrimack Premium Outlets	3.78	%			121,753			7,247		07/01/23
Midland Park Mall	4.35	%			75,464			5,078		09/06/22
Mills at Jersey Gardens, The	3.83	%			350,000			13,405	(2)	11/01/20
Montgomery Mall	4.57	%			100,000			4,570	(2)	05/01/24
Noventa Di Piave Designer Outlet Phases 1, 2, 3, 4	2.00	%			297,566	(30)		5,942	(2)	07/25/25
Opry Mills	4.09	%			375,000			15,345	(2)	07/01/26
Outlets at Orange, The	4.22	%			215,000			9,067	(2)	04/01/24
Oxford Valley Mall	4.77	%			61,076			4,456		12/07/20
Parndorf Designer Outlet	1.90	%			105,293	(30)		2,001	(2)	05/25/22
Penn Square Mall	3.84	%			310,000			11,910	(2)	01/01/26
Pismo Beach Premium Outlets	3.33	%			35,360	(20)		1,953		09/06/26
Plaza Carolina	3.60	%	(1)		225,000			8,106	(2)	07/27/21
Pleasant Prairie Premium Outlets	4.00	%			145,000			5,793	(2)	09/01/27
Potomac Mills	3.46	%			416,000			14,383	(2)	11/01/26
Provence Designer Outlet	2.50	%	(33)		93,019	(30)		2,325	(2)	07/27/22	(3)
Puerto Rico Premium Outlets	3.60	%	(1)		160,000			5,764	(2)	07/26/21
Queenstown Premium Outlets	3.33	%			62,119	(20)		3,430		09/06/26
Roermond Designer Outlet	1.88	%			263,232	(30)		4,943	(2)	12/18/21
Rosada Designer Outlets	1.85	%	(24)		66,523	(30)		2,947		02/25/24	(3)
Shops at Chestnut Hill, The	4.69	%			120,000			5,624	(2)	11/01/23
Shops at Riverside, The	3.37	%			130,000			4,382	(2)	02/01/23
Southdale Center	3.84	%			144,514			8,713		04/01/23
Southridge Mall	3.85	%			116,968			7,036		06/06/23
Summit Mall	3.31	%			85,000			2,817	(2)	10/01/26

Mortgage and Unsecured Debt

As of December 31, 2018

(Dollars in thousands)


	Interest			Face			Annual Debt			Maturity
Property Name	Rate			Amount			Service (1)			Date
The Crossings Premium Outlets	3.41	%			108,225			6,131		12/01/22
Town Center at Cobb	4.76	%			185,305			12,530		05/01/22
University Park Village	3.85	%			55,000			2,118	(2)	05/01/28
White Oaks Mall	5.25	%	(28)		49,500			3,367		06/01/23	(3)
Williamsburg Premium Outlets	4.23	%			185,000			7,824	(2)	02/06/26
Wolfchase Galleria	4.15	%			159,157			9,620		11/01/26
Total Consolidated Secured Indebtedness				$	6,844,662
Unsecured Indebtedness:
Simon Property Group, L.P.
Global Commercial Paper - USD	2.49	%	(16)	$	758,681		$	18,891	(2)	02/20/19	(16)
Credit Facility - USD	3.28	%	(15)		125,000			4,100	(2)	06/30/22	(3)
Unsecured Notes - 22C	6.75	%			600,000			40,500	(14)	02/01/40
Unsecured Notes - 23A	3.16	%	(18)		900,000			28,478	(14)	03/01/21
Unsecured Notes - 24B	4.13	%			700,000			28,875	(14)	12/01/21
Unsecured Notes - 25B	3.38	%			600,000			20,250	(14)	03/15/22
Unsecured Notes - 25C	4.75	%			550,000			26,125	(14)	03/15/42
Unsecured Notes - 26B	2.75	%			500,000			13,750	(14)	02/01/23
Unsecured Notes - 27A	2.20	%			600,000	(34)		13,200	(14)	02/01/19
Unsecured Notes - 27B	3.75	%			600,000			22,500	(14)	02/01/24
Unsecured Notes - 28A	3.38	%			900,000			30,375	(14)	10/01/24
Unsecured Notes - 28B	4.25	%			400,000			17,000	(14)	10/01/44
Unsecured Notes - 29A	2.50	%			500,000			12,500	(14)	09/01/20
Unsecured Notes - 29B	3.50	%			600,000			21,000	(14)	09/01/25
Unsecured Notes - 30A	2.50	%			550,000			13,750	(14)	07/15/21
Unsecured Notes - 30B	3.30	%			800,000			26,400	(14)	01/15/26
Unsecured Notes - 31A	2.35	%			550,000			12,925	(14)	01/30/22
Unsecured Notes - 31B	3.25	%			750,000			24,375	(14)	11/30/26
Unsecured Notes - 31C	4.25	%			550,000			23,375	(14)	11/30/46
Unsecured Notes - 32A	2.63	%			600,000			15,750	(14)	06/15/22
Unsecured Notes - 32B	3.38	%			750,000			25,313	(14)	06/15/27
Unsecured Notes - 33A	2.75	%			600,000			16,500	(14)	06/01/23
Unsecured Notes - 33B	3.38	%			750,000			25,313	(14)	12/01/27
Unsecured Notes - Euro 1	2.38	%			858,368	(8)		20,386	(6)	10/02/20
Unsecured Notes - Euro 2	1.38	%			858,368	(13)		11,803	(6)	11/18/22
Unsecured Notes - Euro 3	1.25	%			572,245	(10)		7,153	(6)	05/13/25
Total Consolidated Unsecured Indebtedness				$	16,522,662
Total Consolidated Indebtedness at Face Amounts				$	23,367,324
Premium on Indebtedness					11,822
Discount on Indebtedness					(44,691)
Debt Issuance Costs					(96,175)
Other Debt Obligations					67,255	(35)
Total Consolidated Indebtedness				$	23,305,535
Our Share of Consolidated Indebtedness				$	23,139,977

Mortgage and Unsecured Debt

As of December 31, 2018

(Dollars in thousands)


	Interest			Face			Annual Debt			Maturity
Property Name	Rate			Amount			Service (1)			Date
Joint Venture Indebtedness:
Secured Indebtedness:
Ami Premium Outlets	1.72	%		$	48,495	(26)	$	8,441		09/25/23
Arundel Mills	4.29	%			385,000			16,509	(2)	02/06/24
Ashford Designer Outlet	2.94	%	(27)		81,890	(21)		2,410	(2)	02/22/22
Auburn Mall	6.02	%			37,043			3,027		09/01/20
Aventura Mall	4.12	%			1,750,000			72,122	(2)	07/01/28
Avenues, The	3.60	%			110,000			3,960	(2)	02/06/23
Bangkok Premium Outlets	1.90	%			27,746	(11)		527	(2)	03/05/19
Briarwood Mall	3.29	%			165,000			5,432	(2)	09/01/26
Busan Premium Outlets	3.40	%			101,897	(17)		3,460	(2)	06/20/22
Cape Cod Mall	5.75	%			88,612			7,003		03/06/21
Charlotte Premium Outlets	4.27	%			100,000			4,270	(2)	07/01/28
Circle Centre	5.25	%	(1)		65,000			6,189		12/06/24
Clarksburg Premium Outlets	3.95	%			160,000			6,320	(2)	01/01/28
Coconut Point	3.95	%			189,468			10,823		10/01/26
Colorado Mills - 1	4.28	%			133,607			5,718		11/01/24
Colorado Mills - 2	5.04	%			26,086			1,811		07/01/21
Concord Mills	3.84	%			235,000			9,015	(2)	11/01/22
Crystal Mall	4.46	%			87,782			5,749		06/06/22
Dadeland Mall	4.50	%			410,211			27,361		12/05/21
Del Amo Fashion Center	3.66	%			585,000			21,396	(2)	06/01/27
Domain Westin	4.12	%			66,036			4,069		09/01/25
Dover Mall	5.57	%			83,664			6,455		08/06/21
Emerald Square Mall	4.71	%			102,672			7,165		08/11/22
Falls, The	3.45	%			150,000			5,175	(2)	09/01/26
Fashion Centre Pentagon Office	5.11	%			40,000			2,043	(2)	07/01/21
Fashion Centre Pentagon Retail	4.87	%			410,000			19,957	(2)	07/01/21
Fashion Valley	4.30	%			431,673			28,208		01/04/21
Florida Mall, The	5.25	%			321,848			24,849		09/05/20
Galleria, The	3.55	%			1,200,000			42,598	(2)	03/01/25
Genting Highland Premium Outlets	5.27	%	(7)		31,776	(9)		1,675	(2)	02/14/24
Gloucester Premium Outlets	4.00	%	(1)		86,000			3,442	(2)	03/01/23	(3)
Grapevine Mills	3.83	%			268,000			10,272	(2)	10/01/24
Hamilton Town Center	4.81	%			79,218			5,293		04/01/22
Johor Premium Outlets	5.02	%	(7)		2,007	(9)		6,725		11/01/19
Katy Mills	3.49	%			140,000			4,886	(2)	12/06/22
Kobe-Sanda Premium Outlets	0.44	%	(12)		30,215	(26)		1,729		01/31/23
Lehigh Valley Mall	4.06	%			196,328			12,325		11/01/27
Liberty Tree Mall	3.41	%			30,984			1,866		05/06/23
Malaga Designer Outlet	2.75	%	(22)		10,529			290	(2)	02/09/23
Mall at Rockingham Park, The	4.04	%			262,000			10,585	(2)	06/01/26
Mall at Tuttle Crossing, The	3.56	%			118,871			6,789		05/01/23
Mall of New Hampshire, The	4.11	%			150,000			6,162	(2)	07/01/25

Mortgage and Unsecured Debt

As of December 31, 2018

(Dollars in thousands)


	Interest			Face			Annual Debt			Maturity
Property Name	Rate			Amount			Service (1)			Date
Meadowood Mall	5.82	%			112,370			8,818		11/06/21
Miami International Mall	4.42	%			160,000			7,072	(2)	02/06/24
Northshore Mall	3.30	%			243,154			14,453		07/05/23
Ochtrup Designer Outlet	2.49	%	(27)		45,539	(30)		2,787		06/30/21
Ontario Mills	4.25	%			304,854			20,661		03/05/22
Paju Premium Outlets	3.56	%			57,908	(17)		18,203		07/13/23
Phipps Plaza Hotel	4.50	%	(1)		21,262			1,221		12/17/19
Phipps Plaza Residential	4.25	%	(1)		38,274			1,628	(2)	10/16/19
Premium Outlet Collection Edmonton IA	3.60	%	(4)		96,094	(5)		3,457	(2)	11/10/21	(3)
Premium Outlets Montréal	3.10	%			88,033	(5)		2,729	(2)	06/01/24
Quaker Bridge Mall	4.50	%			180,000			8,100	(2)	05/01/26
Querétaro Premium Outlets	11.29	%	(23)		18,932	(32)		2,137	(2)	12/20/33
Rinku Premium Outlets	0.33	%	(12)		9,090	(26)		30	(2)	07/31/22
Roermond 4 Designer Outlet	1.30	%	(36)		192,274	(30)		2,500	(2)	08/17/25
Roosevelt Field Hotel	5.60	%	(1)		1,206			68	(2)	01/12/23
Sano Premium Outlets	0.31	%			41,358	(26)		1,637	(2)	02/28/25
Shisui Premium Outlets Phase 1	0.31	%	(12)		25,451	(26)		5,048	(2)	05/31/23
Shisui Premium Outlets Phase 2	0.38	%			45,448	(26)		173	(2)	05/29/22
Shisui Premium Outlets Phase 3	0.31	%	(12)		23,633	(26)		73	(2)	11/30/23
Shops at Clearfork, The	4.25	%	(1)		176,358			7,500	(2)	03/18/21	(3)
Shops at Crystals, The	3.74	%			550,000			20,592	(2)	07/01/26
Shops at Mission Viejo, The	3.61	%			295,000			10,650	(2)	02/01/23
Siheung Premium Outlets	3.28	%			134,667	(17)		4,417	(2)	03/15/23
Silver Sands Premium Outlets	3.93	%			100,000			3,930	(2)	06/01/22
Smith Haven Mall	3.70	%	(1)		180,000			6,665	(2)	05/29/20
Solomon Pond Mall	4.01	%			97,350			6,309		11/01/22
Southdale Hotel	4.50	%			16,696			752	(2)	06/01/22
Southdale Residential	4.46	%			39,541			2,530		10/15/35
Springfield Mall	4.45	%			61,625			3,928		10/06/25
Square One Mall	5.47	%			89,563			6,793		01/06/22
St. Johns Town Center	3.82	%			350,000			13,367	(2)	09/11/24
St. Louis Premium Outlets	4.06	%			95,000			3,858	(2)	10/06/24
Stoneridge Shopping Center	3.50	%			330,000			11,550	(2)	09/05/26
Tanger Outlets Columbus	4.15	%	(1)		85,000			3,530	(2)	11/28/21	(3)
Tanger Outlets - Galveston/Houston	4.15	%	(1)		80,000			3,322	(2)	07/01/22
Toki Premium Outlets - Fixed	0.38	%			27,269	(26)		102	(2)	11/29/19
Toki Premium Outlets - Variable	0.92	%	(12)		5,656	(26)		52	(2)	05/31/20
Toronto Premium Outlets	3.13	%			124,714	(5)		3,899	(2)	06/01/22
Toronto Premium Outlets II	3.50	%	(4)		82,898	(5)		2,899	(2)	05/25/22	(3)
Tosu Premium Outlets	0.38	%	(12)		10,453	(26)		2,081	(2)	07/31/21
Twin Cities Premium Outlets	4.32	%			115,000			4,968	(2)	11/06/24
Vancouver Designer Outlet	3.85	%	(4)		83,607	(5)		3,216	(2)	06/19/21	(3)
West Town Mall	4.37	%			210,000			9,177	(2)	07/01/22
Westchester, The	6.00	%			324,860			26,980		05/05/20

Mortgage and Unsecured Debt

As of December 31, 2018

(Dollars in thousands)


	Interest		Face			Annual Debt			Maturity
Property Name	Rate		Amount			Service (1)			Date
Woodfield Mall	4.50	%		412,795			24,162		03/05/24
Yeoju Premium Outlets	3.45	%		74,519			2,570	(2)	09/28/21
Total Joint Venture Secured Indebtedness at Face Value			$	14,857,111
TMLP Indebtedness at Face Value				420,486	(29)
Total Joint Venture and TMLP Indebtedness at Face Value			$	15,277,597
Premium on Indebtedness				2,225
Debt Issuance Costs				(44,407)
Total Joint Venture Indebtedness			$	15,235,415
Our Share of Joint Venture Indebtedness			$	7,160,392	(31)

	(1)		Variable rate loans based on one-month (1M) LIBOR plus interest rate spreads ranging from 77.5 bps to 310 bps. 1M LIBOR as of December 31, 2018 was 2.50%.Requires monthly payment of interest only.

	(2)		Requires monthly payment of interest only.

	(3)		Includes applicable extension available at the Applicable Borrower's option.

	(4)		Variable rate loans based on 1M CDOR plus interest rate spreads ranging from 120 bps to 155 bps. 1M CDOR at December 31, 2018 was 2.30%.

	(5)		Amount shown in USD equivalent. CAD equivalent is 648.0 million.

	(6)		Requires annual payment of interest only.

	(7)		Variable rate loans based on Cost of Fund plus interest rate spreads ranging from 150 bps of 175 bps. Cost of Fund as of December 31, 2018 was 3.43%.

	(8)		Amount shown in USD equivalent. Euro equivalent is 750.0 million.

	(9)		Amount shown in USD equivalent. Ringgit equivalent is 139.7 million.

	(10)		Amount shown in USD equivalent. Euro equivalent is 500.0 million.

	(11)		Amount shown in USD equivalent. Baht equivalent is 899.0 million.

	(12)		Variable rate loans based on six-month (6M) TIBOR plus interest rate spreads ranging from 17.5 bps to 35 bps. As of December 31, 2018, 6M TIBOR was 0.13%.

	(13)		Amount shown in USD equivalent. Euro equivalent is 750.0 million.

	(14)		Requires semi-annual payments of interest only.

	(15)		$4.0 Billion Credit Facility. As of December 31, 2018, the Credit Facility - USD Currency bears interest at 1M LIBOR + 77.5 bps, the Credit Facility - Yen Currency bears interest at 1M Yen LIBOR + 77.5 bps and the Credit Facility - Euro Currency bears interest at 1M EURO LIBOR + 77.5 bps. The Credit Facilities provide for different pricing based upon our investment grade rating. No borrowings under the $3.5 Billion Supplemental Facility were outstanding at December 31, 2018. As of December 31, 2018, $6.6 billion was available after outstanding borrowings and letters of credit under our Credit Facilities.

	(16)		Reflects the weighted average maturity date and weighted average interest rate of all outstanding tranches of commercial paper at December 31, 2018.

	(17)		Amount shown in USD equivalent. Won equivalent is 411.0 billion.

	(18)		Through a cross currency swap agreement, $150.0 million was swapped to Euro equivalent 121.6 million at 1.37%. Through an additional cross currency swap agreement, $200.7 million was swapped to Yen equivalent 22.3 billion at 1.19%, resulting in an interest rate essentially fixed at the all-in rate presented.

	(19)		Loans secured by these three properties are cross-collateralized and cross-defaulted.

Mortgage and Unsecured Debt

As of December 31, 2018

(Dollars in thousands)

	(20)		Loans secured by these two properties are cross-collateralized and cross-defaulted.

	(21)		Amount shown in USD equivalent. GBP equivalent is 64.3 million.

	(22)		Variable rate loan based on three-month (3M) EURIBOR, which is subject to a floor of 0.00%, plus an interest rate spread of 275 bps.

	(23)		On January 9, 2019, 198.6 million Pesos of the current outstanding balance was swapped from a variable interest rate of 28 day TIIE plus 2.70% to a fixed interest rate of 8.79% resulting in an all-in interest rate of 9.60%.

	(24)		Variable rate loan based on 1M EURIBOR plus an interest rate spread of 185 bps. Through an interest rate floor agreement, 1M EURIBOR is currently fixed at 0.00%.

	(25)		Variable rate loan based on 3M EURIBOR plus an interest rate spread of 225 bps. Through an interest rate floor agreement, 3M EURIBOR is currently fixed at 0.00%.

	(26)		Amount shown in USD equivalent. Yen equivalent is 29.4 billion

	(27)		Associated with this loan is an interest rate swap agreement that effectively fixes the interest rate on this loan at the all-in rate presented.

	(28)		Variable rate loan based on 1M LIBOR plus an interest rate spread of 275 bps. In addition, 1M LIBOR is capped at 5.00%.

	(29)		Consists of two properties with interest rates ranging from 5.65% to 7.32% and maturities between 2019 and 2021.

	(30)		Amount shown in USD equivalent. Euro equivalent is 1.1 billion.

	(31)		Our share of total indebtedness includes a pro rata share of the mortgage debt on joint venture properties, including properties owned by TMLP. To the extent total indebtedness is secured by a property, it is non-recourse to us, with the exception of approximately $216.1 million of payment guarantees provided by the Operating Partnership (of which $10.8 million is recoverable from our venture partner under the partnership agreement).

	(32)		Amount shown in USD equivalent. Peso equivalent is 372.1 million.

	(33)		Variable rate loan based on 3M EURIBOR plus an interest rate spread of 250 bps. Through an interest rate floor agreement, 3M EURIBOR is currently fixed at 0.00%. In addition, 3M EURIBOR is capped at 1.00%.

	(34)		Notes repaid at maturity on February 1, 2019.

	(35)		City of Sunrise Bond Liability (Sawgrass Mills)

	(36)		Variable rate loan based on 3M EURIBOR plus an interest rate spread of 130 bps. Through an interest rate floor agreement, 3M EURIBOR is currently fixed at 0.00%. Also, 3M EURIBOR is capped at 1.30%.

Mortgage and Unsecured Debt

As of December 31, 2018

(Dollars in thousands)

The changes in consolidated mortgages and unsecured indebtedness for the years ended December 31, 2018, 2017 and 2016 are as follows:


	2018		2017		2016
Balance, Beginning of Year	$	24,632,463	$	22,977,104	$	22,416,682
Additions during period:
New Loan Originations		7,980,569		11,764,046		14,862,637
Loans assumed in acquisitions and consolidation		215,000		42,266		448,559
Net (Discount)/Premium		301		(11,636)		(9,822)
Net Debt Issuance Costs		(6,885)		(34,606)		(34,048)
Deductions during period:
Loan Retirements		(9,340,861)		(10,466,033)		(14,549,425)
Amortization of Net Discounts/(Premiums)		1,618		1,357		(14,583)
Debt Issuance Cost Amortization		21,445		21,709		21,702
Scheduled Principal Amortization		(54,624)		(46,232)		(62,222)
Foreign Currency Translation		(143,490)		384,488		(102,376)
Balance, Close of Year	$	23,305,535	$	24,632,463	$	22,977,104

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