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 179.9 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 99 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, big box retailers and entertainment uses.

We also have interests in four lifestyle centers and 17 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 1.7 million square feet of GLA and are considered non-core to our business model.

As of December 31, 2020, approximately 91.3% of the owned GLA in malls and Premium Outlets was leased and approximately 95.3% of the owned GLA for The Mills was leased.

We wholly own 133 of our properties, effectively control 11 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 199 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.

We own an 80% noncontrolling interest in TRG, which has an interest in 20 regional, super-regional, and outlet malls in the U.S. Our effective ownership in these properties, through our investment in TRG, ranges from 38.8% to 80%. These properties are excluded from the following table.

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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, 2020.

​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	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		78.2	%	473,874		Belk, JCPenney, AMC Cinemas
2.	Auburn Mall		MA		Auburn		Fee		56.4	% (4)	Acquired 1999		87.5	%	499,481		Macy's, Reliant Medical (15)
3.	Aventura Mall (1)		FL		Miami Beach (Miami)		Fee		33.3	% (4)	Built 1983		91.9	%	2,126,428		Bloomingdale's, Macy's (8), JCPenney, Nordstrom, Equinox Fitness Clubs, AMC Theatres
4.	Barton Creek Square		TX		Austin		Fee		100.0	%	Built 1981		95.0	%	1,452,291		Nordstrom, Macy's, Dillard's (8), JCPenney, AMC Theatres
5.	Battlefield Mall		MO		Springfield		Fee and Ground Lease (2056)		100.0	%	Built 1970		92.1	%	1,203,129		Macy's, Dillard's (8), JCPenney
6.	Bay Park Square		WI		Green Bay		Fee		100.0	%	Built 1980		94.5	%	682,401		Kohl's, Marcus Cinema 16, Dave & Buster's (6), Steinhafel Furniture (6)
7.	Brea Mall		CA		Brea (Los Angeles)		Fee		100.0	%	Acquired 1998		90.6	%	1,281,891		Nordstrom, Macy's (8), JCPenney, LifeTime (6)
8.	Briarwood Mall		MI		Ann Arbor		Fee		50.0	% (4)	Acquired 2007		82.0	%	977,986		Macy's, JCPenney, Von Maur, Hilton Garden Inn (15), Towne Place Suites by Marriott (15)
9.	Brickell City Centre		FL		Miami		Fee		25.0	% (4)	Built 2016		87.6	%	476,247		Saks Fifth Avenue, Cinemex, EAST Miami Hotel (15), La Centrale
10.	Broadway Square		TX		Tyler		Fee		100.0	%	Acquired 1994		96.3	%	604,726		Dillard's, JCPenney, Dick's Sporting Goods, HomeGoods, Party City
11.	Burlington Mall		MA		Burlington (Boston)		Fee and Ground Lease (2026) (7)		100.0	%	Acquired 1998		91.5	%	1,183,394		Macy's, Nordstrom, Crate & Barrel, Primark, Arhaus Furniture
12.	Cape Cod Mall		MA		Hyannis		Fee and Ground Leases (2029-2073) (7)		56.4	% (4)	Acquired 1999		85.6	%	709,052		Macy's (8), Best Buy, Marshalls, Barnes & Noble, Regal Cinema, Target, Dick's Sporting Goods, Planet Fitness
13.	Castleton Square		IN		Indianapolis		Fee		100.0	%	Built 1972		95.5	%	1,384,538		Macy's, Von Maur, JCPenney, Dick's Sporting Goods, AMC Theatres
14.	Cielo Vista Mall		TX		El Paso		Fee and Ground Lease (2027) (7)		100.0	%	Built 1974		98.5	%	1,244,342		Macy's, Dillard's (8), JCPenney, Sears, Cinemark Theatres
15.	Coconut Point		FL		Estero		Fee		50.0	% (4)	Built 2006		82.7	%	1,205,043		Dillard's, Barnes & Noble, Bed Bath & Beyond (13), Best Buy, DSW, Office Max, PetSmart, Ross, T.J. Maxx, Hollywood Theatres, Super Target, Michael's, Total Wine & More, Tuesday Morning, JoAnn Fabrics, Hyatt Place Coconut Point (15), TownePlace Suites by Marriott (15)
16.	College Mall		IN		Bloomington		Fee and Ground Lease (2048) (7)		100.0	%	Built 1965		85.0	%	609,768		Macy's (13), Target, Dick's Sporting Goods, Bed Bath & Beyond, Ulta, Fresh Thyme
17.	Columbia Center		WA		Kennewick		Fee		100.0	%	Acquired 1987		85.6	%	815,026		Macy's (8), JCPenney, Barnes & Noble, DSW, Home Goods, Dick's Sporting Goods
18.	Copley Place		MA		Boston		Fee		94.4	% (11)	Acquired 2002		95.4	%	1,263,379		Neiman Marcus, Saks Fifth Avenue Men's, Boston Marriott Copley Place (15), The Westin Copley Place (15)
19.	Coral Square		FL		Coral Springs (Miami)		Fee		97.2	%	Built 1984		89.7	%	943,878		Macy's (8), JCPenney, Kohl's
20.	Cordova Mall		FL		Pensacola		Fee		100.0	%	Acquired 1998		92.7	%	926,430		Dillard's, Belk, Best Buy, Bed Bath & Beyond, Cost Plus World Market, Ross, Dick's Sporting Goods
21.	Dadeland Mall		FL		Miami		Fee		50.0	% (4)	Acquired 1997		98.4	%	1,499,420		Saks Fifth Avenue, Macy's (8), JCPenney, AC Hotel by Marriott (6)
22.	Del Amo Fashion Center		CA		Torrance (Los Angeles)		Fee		50.0	% (4)	Acquired 2007		86.6	%	2,519,111		Nordstrom, Macy's (8), JCPenney, Marshalls, Barnes & Noble, JoAnn Fabrics, AMC Theatres, Dick's Sporting Goods, Dave & Buster's, Mitsuwa Marketplace
23.	Domain, The		TX		Austin		Fee		100.0	%	Built 2006		90.5	%	1,236,690		Neiman Marcus, Macy's, Dillard's, Dick's Sporting Goods, iPic Theaters, Arhaus Furniture, Punch Bowl Social, Westin Austin at The Domain, Lone Star Court (15), (16)
24.	Empire Mall		SD		Sioux Falls		Fee and Ground Lease (2033) (7)		100.0	%	Acquired 1998		86.0	%	1,124,686		Macy's, JCPenney, Hy-Vee, Dick's Sporting Goods
25.	Falls, The		FL		Miami		Fee		50.0	% (4)	Acquired 2007		89.4	%	708,956		Macy's, Regal Cinema, The Fresh Market, LifeTime Athletic (6)
26.	Fashion Centre at Pentagon City, The		VA		Arlington (Washington, DC)		Fee		42.5	% (4)	Built 1989		87.4	%	1,037,237		Nordstrom, Macy's, The Ritz-Carlton (15)
27.	Fashion Mall at Keystone, The		IN		Indianapolis		Fee and Ground Lease (2067) (7)		100.0	%	Acquired 1997		92.0	%	716,466		Saks Fifth Avenue, Crate & Barrel, Nordstrom, Keystone Art Cinema, Sheraton (15)
28.	Fashion Valley		CA		San Diego		Fee		50.0	% (4)	Acquired 2001		96.1	%	1,731,260		Neiman Marcus, Bloomingdale's, Nordstrom, Macy's, JCPenney, AMC Theatres, Forever 21, The Container Store

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.	Firewheel Town Center		TX		Garland (Dallas)		Fee		100.0	%	Built 2005		89.9	%	996,273		Dillard's, Macy's, Barnes & Noble, DSW, AMC Theatres, Dick's Sporting Goods, Kids Empire/Hapik, Fairfield Inn by Marriott (14), (16)
30.	Florida Mall, The		FL		Orlando		Fee		50.0	% (4)	Built 1986		92.5	%	1,725,099		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 (15)
31.	Forum Shops at Caesars Palace, The		NV		Las Vegas		Ground Lease (2050)		100.0	%	Built 1992		96.8	%	660,240		Caesars Palace Las Vegas Hotel and Casino (15)
32.	Galleria, The		TX		Houston		Fee		50.4	% (4)	Acquired 2002		93.9	%	2,017,029		Saks Fifth Avenue, Neiman Marcus, Nordstrom, Macy's, The Westin Galleria (15), The Westin Oaks (15), Life Time Tennis
33.	Greenwood Park Mall		IN		Greenwood (Indianapolis)		Fee		100.0	%	Acquired 1979		94.0	%	1,288,889		Macy's, Von Maur, JCPenney, Dick's Sporting Goods, Barnes & Noble, Regal Cinema, Dave & Buster's
34.	Haywood Mall		SC		Greenville		Fee and Ground Lease (2067) (7)		100.0	%	Acquired 1998		91.5	%	1,237,560		Macy's, Dillard's, JCPenney, Belk
35.	Ingram Park Mall		TX		San Antonio		Fee		100.0	%	Built 1979		91.7	%	1,125,358		Dillard's, Macy's, JCPenney
36.	King of Prussia		PA		King of Prussia (Philadelphia)		Fee		100.0	%	Acquired 2003		92.4	%	2,669,368		Neiman Marcus, Bloomingdale's, Nordstrom, Lord & Taylor (13), Macy's, Arhaus Furniture, Dick's Sporting Goods, Primark
37.	La Plaza Mall		TX		McAllen		Fee and Ground Lease (2040) (7)		100.0	%	Built 1976		94.6	%	1,312,890		Macy's (8), Dillard's, JCPenney, CUT! by Cinemark (6), Wingate by Wyndham (15)
38.	Lakeline Mall		TX		Cedar Park (Austin)		Fee		100.0	%	Built 1995		94.4	%	1,099,057		Dillard's (8), Macy's, JCPenney, AMC Theatres
39.	Lehigh Valley Mall		PA		Whitehall		Fee		50.0	% (4)	Acquired 2003		91.3	%	1,193,515		Macy's, JCPenney, Boscov's, Barnes & Noble, Michael's, Dave & Buster's
40.	Lenox Square		GA		Atlanta		Fee		100.0	%	Acquired 1998		97.0	%	1,556,507		Neiman Marcus, Bloomingdale's, Macy's, JW Marriott (15), Hyatt Centric (14)
41.	Livingston Mall		NJ		Livingston (New York)		Fee		100.0	%	Acquired 1998		88.6	%	968,748		Macy's, Lord & Taylor (13), Barnes & Noble
42.	Mall at Rockingham Park, The		NH		Salem (Boston)		Fee		28.2	% (4)	Acquired 1999		94.9	%	1,064,794		JCPenney, Macy's, Dick's Sporting Goods, Cinemark Theatre
43.	Mall of Georgia		GA		Buford (Atlanta)		Fee		100.0	%	Built 1999		94.8	%	1,840,162		Dillard's, Macy's, JCPenney, Belk, Dick's Sporting Goods, Barnes & Noble, Havertys Furniture, Regal Cinema, Von Maur
44.	Mall of New Hampshire, The		NH		Manchester		Fee and Ground Lease (2024-2027) (7)		56.4	% (4)	Acquired 1999		93.8	%	803,935		Macy's, JCPenney, Best Buy, Dick's Sporting Goods, Dave & Buster's
45.	McCain Mall		AR		N. Little Rock		Fee		100.0	%	Built 1973		93.9	%	793,612		Dillard's, JCPenney, Regal Cinema
46.	Meadowood Mall		NV		Reno		Fee		50.0	% (4)	Acquired 2007		94.5	%	928,920		Macy's (8), JCPenney, Dick's Sporting Goods, Crunch Fitness, Round 1
47.	Menlo Park Mall		NJ		Edison (New York)		Fee		100.0	%	Acquired 1997		88.8	%	1,331,615		Nordstrom, Macy's, Barnes & Noble, AMC Dine-In Theatre
48.	Miami International Mall		FL		Miami		Fee		47.8	% (4)	Built 1982		94.5	%	1,082,921		Macy's (8), JCPenney, Kohl's
49.	Midland Park Mall		TX		Midland		Fee		100.0	%	Built 1980		97.2	%	643,847		Dillard's (8), JCPenney, Ross, Dick's Sporting Goods
50.	Miller Hill Mall		MN		Duluth		Fee		100.0	%	Built 1973		91.7	%	829,775		JCPenney, Barnes & Noble, DSW, Dick's Sporting Goods, Essentia Health West, Essentia Health East
51.	Montgomery Mall		PA		North Wales (Philadelphia)		Fee		79.4	%	Acquired 2003		73.5	%	1,102,298		Macy's, JCPenney, Dick's Sporting Goods, Wegmans
52.	North East Mall		TX		Hurst (Dallas)		Fee		100.0	%	Built 1971		93.7	%	1,667,775		Dillard's, Macy's, JCPenney, Dick's Sporting Goods, Cinemark Theatres
53.	Northgate		WA		Seattle		Fee		100.0	%	Acquired 1987		—	(17)	416,014	(17)	Barnes & Noble, Bed Bath & Beyond, DSW, Nordstrom Rack, NHL Seattle (6)
54.	Northshore Mall		MA		Peabody (Boston)		Fee		56.4	% (4)	Acquired 1999		90.4	%	1,504,635		JCPenney, Nordstrom, Macy's (8), Barnes & Noble, Shaw's Grocery, The Container Store, Tesla Sales and Service, Life Time Athletic (6)
55.	Ocean County Mall		NJ		Toms River (New York)		Fee		100.0	%	Acquired 1998		85.7	%	876,479		Macy's, Boscov's, JCPenney, LA Fitness, HomeSense (6), Ulta
56.	Orland Square		IL		Orland Park (Chicago)		Fee		100.0	%	Acquired 1997		93.5	%	1,229,917		Macy's, JCPenney, Dave & Buster's, Von Maur
57.	Oxford Valley Mall		PA		Langhorne (Philadelphia)		Fee		85.5	%	Acquired 2003		75.5	%	1,340,622	​	Macy's, JCPenney, United Artists Theatre
58.	Penn Square Mall		OK		Oklahoma City		Ground Lease (2060)		94.5	%	Acquired 2002		90.1	%	1,083,717		Macy's, Dillard's (8), JCPenney, AMC Theatres, The Container Store
59.	Pheasant Lane Mall		NH		Nashua		-		—	% (12)	Acquired 2002		96.4	%	979,534		JCPenney, Target, Macy's, 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
60.	Phipps Plaza		GA		Atlanta		Fee		100.0	%	Acquired 1998		89.1	%	760,105		Saks Fifth Avenue, Nordstrom, AMC Theatres, Arhaus Furniture, Legoland Discovery Center, AC Hotel by Marriott, Life Time Athletic (6), Life Time Work (6), Nobu Hotel and Restaurant (6), (16)
61.	Plaza Carolina		PR		Carolina (San Juan)		Fee		100.0	%	Acquired 2004		83.3	%	1,157,667		JCPenney, Sears (13), Tiendas Capri, Econo, T.J. Maxx, Caribbean Cinemas
62.	Prien Lake Mall		LA		Lake Charles		Fee and Ground Lease (2040) (7)		100.0	%	Built 1972		89.9	%	842,763		Dillard's, JCPenney, Cinemark Theatres, Kohl's, Dick's Sporting Goods, T.J. Maxx/HomeGoods
63.	Quaker Bridge Mall		NJ		Lawrenceville		Fee		50.0	% (4)	Acquired 2003		87.3	%	1,081,115		Macy's, Lord & Taylor (13), JCPenney
64.	Rockaway Townsquare		NJ		Rockaway (New York)		Fee		100.0	%	Acquired 1998		79.5	%	1,246,023		Macy's, JCPenney, Raymour & Flanigan
65.	Roosevelt Field		NY		Garden City (New York)		Fee and Ground Lease (2090) (7)		100.0	%	Acquired 1998		95.0	%	2,346,122		Bloomingdale's, Nordstrom, Macy's, JCPenney, Dick's Sporting Goods, AMC Entertainment, XSport Fitness, Neiman Marcus, Residence Inn by Marriott
66.	Ross Park Mall		PA		Pittsburgh		Fee		100.0	%	Built 1986		92.8	%	1,234,352		JCPenney, Nordstrom, L.L. Bean, Macy's (8), Crate & Barrel
67.	Santa Rosa Plaza		CA		Santa Rosa		Fee		100.0	%	Acquired 1998		84.5	%	693,475		Macy's, Forever 21
68.	Shops at Chestnut Hill, The		MA		Chestnut Hill (Boston)		Fee		94.4	%	Acquired 2002		94.8	%	470,073		Bloomingdale's (8)
69.	Shops at Clearfork, The		TX		Fort Worth		Fee		45.0	% (4)	Built 2017		84.5	%	549,182		Neiman Marcus, Arhaus Furniture, AMC Theatres, Pinstripes, (16)
70.	Shops at Crystals, The		NV		Las Vegas		Fee		50.0	% (4)	Acquired 2016		84.9	%	270,588		Aria Resort and Casino (15)
71.	Shops at Nanuet, The		NY		Nanuet		Fee		100.0	%	Redeveloped 2013		78.5	%	757,952		Regal Cinema, 24 Hour Fitness, At Home (6), Stop & Shop (6)
72.	Shops at Mission Viejo, The		CA		Mission Viejo (Los Angeles)		Fee		51.0	% (4)	Built 1979		92.6	%	1,235,577		Nordstrom, Macy's (8), Dick's Sporting Goods (6)
73.	Shops at Riverside, The		NJ		Hackensack (New York)		Fee		100.0	%	Acquired 2007		87.0	%	707,520		Bloomingdale's, Barnes & Noble, Arhaus Furniture, AMC Theatres
74.	Smith Haven Mall		NY		Lake Grove (New York)		Fee		25.0	% (4) (2)	Acquired 1995		88.2	%	1,296,751		Macy's (8), Dick's Sporting Goods, Barnes & Noble, L.L. Bean
75.	Solomon Pond Mall		MA		Marlborough (Boston)		Fee		56.4	% (4)	Acquired 1999		79.6	%	886,397		Macy's, JCPenney, Sears, Regal Cinema
76.	South Hills Village		PA		Pittsburgh		Fee		100.0	%	Acquired 1997		89.2	%	1,128,979		Macy's (8), Barnes & Noble, AMC Cinemas, Dick's Sporting Goods, Target, DSW, Ulta
77.	South Shore Plaza		MA		Braintree (Boston)		Fee		100.0	%	Acquired 1998		93.4	%	1,590,606		Macy's, Sears, Nordstrom, Target, Primark
78.	Southdale Center		MN		Edina (Minneapolis)		Fee		100.0	%	Acquired 2007		85.8	%	1,246,313		Macy's, AMC Theatres, Dave & Buster's, Restoration Hardware, Life Time Athletic, Life Time Work/Sport, Homewood Suites by Hilton, (16)
79.	SouthPark		NC		Charlotte		Fee and Ground Lease (2040) (9)		100.0	%	Acquired 2002		96.4	%	1,684,900		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)
80.	Springfield Mall (1)		PA		Springfield (Philadelphia)		Fee		50.0	% (4)	Acquired 2005		81.1	%	610,066		Macy's, Target
81.	St. Charles Towne Center		MD		Waldorf (Washington, DC)		Fee		100.0	%	Built 1990		76.2	%	980,342		Macy's (8), JCPenney, Kohl's, Dick Sporting Goods, AMC Theatres
82.	St. Johns Town Center		FL		Jacksonville		Fee		50.0	% (4)	Built 2005		95.2	%	1,453,557		Nordstrom, Dillard's, Arhaus Furniture, Dick's Sporting Goods, Barnes & Noble, Restoration Hardware (6), Homewood Suites by Hilton (15),
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​		Target, Ashley Furniture Home Store, Ross, Staples (13), DSW, JoAnn Fabrics, PetsMart
83.	Stanford Shopping Center		CA		Palo Alto (San Jose)		Ground Lease (2064)		94.4	% (11)	Acquired 2003		93.9	%	1,288,019		Neiman Marcus, Bloomingdale's, Nordstrom, Macy's, Crate and Barrel, The Container Store, Restoration Hardware (6)
84.	Stoneridge Shopping Center		CA		Pleasanton (San Francisco)		Fee		49.9	% (4)	Acquired 2007		95.7	%	1,299,690		Macy's (8), JCPenney, Arhaus Furniture (6)
85.	Summit Mall		OH		Akron		Fee		100.0	%	Built 1965		89.4	%	776,843		Dillard's (8), Macy's, Arhaus Furniture
86.	Tacoma Mall		WA		Tacoma (Seattle)		Fee		100.0	%	Acquired 1987		92.8	%	1,240,441		Nordstrom, Macy's, JCPenney, Dick's Sporting Goods, Marcus Cinema (6), Nordstrom Rack (6), Total Wine and More (6), Ulta (6)
87.	Tippecanoe Mall		IN		Lafayette		Fee		100.0	%	Built 1973		84.4	%	864,844		Macy's, JCPenney, Kohl's, 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
88.	Town Center at Boca Raton		FL		Boca Raton (Miami)		Fee		100.0	%	Acquired 1998		96.9	%	1,778,863		Saks Fifth Avenue, Neiman Marcus, Bloomingdale's, Nordstrom, Macy's, Crate & Barrel, The Container Store, Joseph's Classic Market, Arhaus Furniture (6)
89.	Towne East Square		KS		Wichita		Fee		100.0	%	Built 1975		99.4	%	1,144,884		Dillard's, Von Maur, JCPenney, Round 1
90.	Treasure Coast Square		FL		Jensen Beach		Fee		100.0	%	Built 1987		88.7	%	876,234		Macy's, Dillard's, JCPenney, Regal Cinema
91.	Tyrone Square		FL		St. Petersburg (Tampa)		Fee		100.0	%	Built 1972		89.0	%	960,570		Macy's, Dillard's, JCPenney, DSW, Cobb 10 Luxury Theatres, Dick's Sporting Goods, Hitchcock's Green Market, PetSmart
92.	University Park Mall		IN		Mishawaka		Fee		100.0	%	Built 1979		84.7	%	918,320		Macy's, JCPenney, Barnes & Noble
93.	Walt Whitman Shops		NY		Huntington Station (New York)		Fee and Ground Lease (2032) (7)		100.0	%	Acquired 1998		91.3	%	1,084,579		Saks Fifth Avenue, Bloomingdale’s, Macy’s
94.	West Town Mall		TN		Knoxville		Fee and Ground Lease (2042)		50.0	% (4)	Acquired 1991		93.6	%	1,281,753		Belk (8), Dillard’s, JCPenney, Regal Cinebarre Theatre, Dick's Sporting Goods (6), Tesla Sales and Service (6)
95.	Westchester, The		NY		White Plains (New York)		Fee		40.0	% (4)	Acquired 1997		84.3	%	806,086		Neiman Marcus, Nordstrom, Crate and Barrel
96.	White Oaks Mall		IL		Springfield		Fee		80.7	%	Built 1977		76.8	%	942,836		Macy's, Dick's Sporting Goods, LA Fitness, Michael's
97.	Wolfchase Galleria		TN		Memphis		Fee		94.5	%	Acquired 2002		95.0	%	1,151,336		Macy's, Dillard's, JCPenney, Malco Theatres, Courtyard by Marriott (14)
98.	Woodfield Mall		IL		Schaumburg (Chicago)		Fee		50.0	% (4)	Acquired 2012		91.2	%	2,155,042		Nordstrom, Macy's, JCPenney, Sears, Arhaus Furniture, PAC-MAN Entertainment
99.	Woodland Hills Mall		OK		Tulsa		Fee		94.5	%	Acquired 2002		93.2	%	1,096,430		Macy's, Dillard's, JCPenney, Holiday Inn Express (15), Courtyard by Marriott (15)
​	Total Mall GLA	​	​	​	​	​	​	​	​	​	​	​	​	​	111,905,430	(18)	​

​

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		85.6	%	337,689		Coach, Gap Outlet, Kate Spade New York, Lululemon, Michael Kors, Nike, Polo Ralph Lauren, The North Face, Under Armour
2.	Allen Premium Outlets		TX		Allen (Dallas)		Fee		100.0	%	Acquired 2004		96.5	%	544,216		Adidas, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, Giorgio Armani, J.Crew, Kate Spade New York, Levi's, Michael Kors, Nike, Polo Ralph Lauren, Staybridge Suites (14), The North Face, Tommy Hilfiger, Tory Burch, Under Armour
3.	Aurora Farms Premium Outlets		OH		Aurora (Cleveland)		Fee		100.0	%	Acquired 2004		92.5	%	271,533		Calvin Klein, Coach, Gap Outlet, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, The North Face, Tommy Hilfiger, Under Armour
4.	Birch Run Premium Outlets		MI		Birch Run (Detroit)		Fee		100.0	%	Acquired 2010		93.5	%	593,911		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		92.1	%	686,115		Adidas, Calvin Klein, Coach, Columbia Sportswear, Giorgio Armani, H&M, Kate Spade New York, Lululemon, Michael Kors, 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		98.7	%	289,210		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		91.0	%	438,752		Adidas, Coach, Columbia Sportswear, Gap Outlet, J.Crew, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour
8.	Charlotte Premium Outlets		NC		Charlotte		Fee		50.0	% (4)	Built 2014		95.1	%	398,331		Adidas, Coach, Columbia Sportswear, Gap Outlet, Guess, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Tommy Hilfiger, Under Armour
9.	Chicago Premium Outlets		IL		Aurora (Chicago)		Fee		100.0	%	Built 2004		88.1	%	687,357		Adidas, 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
10.	Cincinnati Premium Outlets		OH		Monroe (Cincinnati)		Fee		100.0	%	Built 2009		87.0	%	398,958		Adidas, Calvin Klein, Coach, Gap Outlet, J.Crew, Kate Spade New York, Marc Jacobs, Michael Kors, Nike, Polo Ralph Lauren, The North Face, Tommy Hilfiger, Tory Burch, Under Armour
11.	Clarksburg Premium Outlets		MD		Clarksburg (Washington, DC)		Fee		66.0	% (4)	Built 2016		89.9	%	390,147		Armani Outlet, A/X Armani Exchange, Adidas, Calvin Klein, Coach, Columbia Sportswear, Express, Kate Spade New York, Lafayette 148 New York, Marc Jacobs, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, Tommy Hilfiger, Tory Burch, Under Armour, Vince
12.	Clinton Crossing Premium Outlets		CT		Clinton		Fee		100.0	%	Acquired 2004		97.5	%	276,117		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		97.4	%	328,100		Adidas, A/X Armani Exchange, Calvin Klein, Coach, Gap Outlet, H&M, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, Tory Burch, Under Armour, Vineyard Vines, Staybridge Suites (15)
14.	Desert Hills Premium Outlets		CA		Cabazon (Palm Springs)		Fee		100.0	%	Acquired 2004		98.5	%	655,225		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, Saint Laurent Paris, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, Stuart Weitzman, Tory Burch, Valentino
15.	Ellenton Premium Outlets		FL		Ellenton (Tampa)		Fee		100.0	%	Acquired 2010		91.6	%	477,119		Adidas, Calvin Klein, Coach, Columbia Sportswear, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Tommy Hilfiger, Under Armour
16.	Folsom Premium Outlets		CA		Folsom (Sacramento)		Fee		100.0	%	Acquired 2004		87.1	%	297,933		Adidas, Banana Republic, Calvin Klein, Coach, Gap Outlet, Kate Spade New York, Michael Kors, Nike, Tommy Hilfiger, Under Armour
17.	Gilroy Premium Outlets		CA		Gilroy (San Jose)		Fee		100.0	%	Acquired 2004		85.8	%	578,505		Adidas, Calvin Klein, Coach, Columbia Sportswear, J.Crew, Kate Spade New York, Lululemon, Michael Kors, Nike, Polo Ralph Lauren, The North Face, 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
18.	Gloucester Premium Outlets		NJ		Blackwood (Philadelphia)		Fee		50.0	% (4)	Built 2015		88.7	%	378,506		Adidas, Banana Republic, Brooks Brothers, Calvin Klein, Columbia Sportswear, Gap Outlet, Guess, Levi's, J. Crew, Loft Outlet, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Skechers, Tommy Hilfiger, Under Armour, Vera Bradley
19.	Grand Prairie Premium Outlets		TX		Grand Prairie (Dallas)		Fee		100.0	%	Built 2012		93.7	%	423,640		Banana Republic, Bloomingdale's The Outlet Store, Coach, Columbia Sportswear, Kate Spade New York, J.Crew, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Tommy Bahama, Tommy Hilfiger, Under Armour
20.	Grove City Premium Outlets		PA		Grove City (Pittsburgh)		Fee		100.0	%	Acquired 2010		86.8	%	530,727		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
21.	Gulfport Premium Outlets		MS		Gulfport		Ground Lease (2059)		100.0	%	Acquired 2010		89.7	%	300,055		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
22.	Hagerstown Premium Outlets		MD		Hagerstown (Baltimore/ Washington, DC)		Fee		100.0	%	Acquired 2010		62.1	%	485,591		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, The North Face, Tommy Hilfiger, Under Armour
23.	Houston Premium Outlets		TX		Cypress (Houston)		Fee		100.0	%	Built 2008		95.7	%	542,472		Ann Taylor, A/X Armani Exchange, Banana Republic, Brooks Brothers, Burberry, Calvin Klein, Coach, 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, Victoria's Secret
24.	Indiana Premium Outlets		IN		Edinburgh (Indianapolis)		Fee		100.0	%	Acquired 2004		93.2	%	378,029		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
25.	Jackson Premium Outlets		NJ		Jackson (New York)		Fee		100.0	%	Acquired 2004		84.9	%	285,560		Adidas, American Eagle Outfitters, 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		95.1	%	434,491		Adidas, Ann Taylor, Banana Republic, Burberry, Brooks Brothers, Calvin Klein, Coach, Columbia Sportswear, J.Crew, Kate Spade New York, Marc Jacobs, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour
27.	Johnson Creek Premium Outlets		WI		Johnson Creek		Fee		100.0	%	Acquired 2004		86.8	%	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		86.8	%	259,334		Adidas, Ann Taylor, Banana Republic, Calvin Klein, Coach, Columbia Sportswear, Express Factory Outlet, Gap Outlet, J.Crew, Kate Spade New York, New Balance, Nike, Polo Ralph Lauren, Swarovski, Tommy Hilfiger, Tumi
29.	Las Americas Premium Outlets		CA		San Diego		Fee		100.0	%	Acquired 2007		94.7	%	553,993		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
30.	Las Vegas North Premium Outlets		NV		Las Vegas		Fee		100.0	%	Built 2003		94.7	%	676,270		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, 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		96.6	%	535,721		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		89.7	%	224,756		Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, J.Crew, Kate Spade New York, Levi's, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, Skechers, 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
33.	Leesburg Premium Outlets		VA		Leesburg (Washington, DC)		Fee		100.0	%	Acquired 2004		95.8	%	478,218		Adidas, Ann Taylor, Armani Outlet, A/X Armani Exchange, Brooks Brothers, Burberry, Coach, Design Within Reach, Kate Spade New York, Marc Jacobs, Michael Kors, Nike, Polo Ralph Lauren, Restoration Hardware, Salvatore Ferragamo, Tory Burch, Under Armour, Vineyard Vines, Williams-Sonoma
34.	Lighthouse Place Premium Outlets		IN		Michigan City (Chicago, IL)		Fee		100.0	%	Acquired 2004		87.9	%	454,778		Adidas, Ann Taylor, Banana Republic, Calvin Klein, Coach, Gap Outlet, Guess, H&M, 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		98.1	%	408,892		Ann Taylor, Banana Republic, Barbour, Bloomingdale's The Outlet Store, Brooks Brothers, Calvin Klein, Coach, J.Crew, Kate Spade New York, Lacoste, Marc Jacobs, 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		83.2	%	179,427		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		86.1	%	332,281		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		84.9	%	223,621		Banana Republic, Coach, Gap Outlet, Levi's, Kate Spade New York, Michael Kors, Nike, Skechers, Under Armour
39.	North Georgia Premium Outlets		GA		Dawsonville (Atlanta)		Fee		100.0	%	Acquired 2004		89.8	%	540,802		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, The North Face, Tommy Hilfiger, Tory Burch, West Elm, Williams-Sonoma
40.	Orlando International Premium Outlets		FL		Orlando		Fee		100.0	%	Acquired 2010		99.2	%	773,380		Adidas, Armani Outlet, Calvin Klein, Carhartt, Coach, Columbia Sportswear, H&M, J.Crew, Karl Lagerfeld, Kate Spade New York,Marc Jacobs, 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		99.4	%	656,753		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		82.6	%	201,948		Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Coach, Gap Outlet, Kate Spade New York, Michael Kors, Nike, Saks Fifth Avenue Off 5th, Tommy Hilfiger
43.	Philadelphia Premium Outlets		PA		Limerick (Philadelphia)		Fee		100.0	%	Built 2007		91.3	%	549,155		Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, Guess, H&M, 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		94.9	%	356,509		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, Tumi, Under Armour
45.	Pismo Beach Premium Outlets		CA		Pismo Beach	​	Fee		100.0	%	Acquired 2010		85.1	%	147,403		Calvin Klein, Coach, Guess, Kate Spade New York, 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		93.6	%	402,412		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, The North Face, Tommy Hilfiger, Tory Burch, Under Armour
47.	Puerto Rico Premium Outlets		PR		Barceloneta		Fee		100.0	%	Acquired 2010		94.7	%	349,884		Adidas, Calvin Klein, Coach, Disney Store Outlet, Gap Outlet, Invicta, Lacoste, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, Puma, 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
48.	Queenstown Premium Outlets		MD		Queenstown (Baltimore)		Fee		100.0	%	Acquired 2010		89.5	%	289,682		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		85.1	%	603,929		Adidas, Ann Taylor, Armani Outlet, A/X Armani Exchange, Banana Republic, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, H&M, Kate Spade New York, Levi's, Michael Kors, Nike, Pandora, Polo Ralph Lauren, Tommy Hilfiger, Under Armour
50.	Round Rock Premium Outlets		TX		Round Rock (Austin)		Fee		100.0	%	Built 2006		97.3	%	498,387		Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Duluth Trading Company, Gap Outlet, J.Crew, Kate Spade New York, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour, (16)
51.	San Francisco Premium Outlets		CA		Livermore (San Francisco)		Fee and Ground Lease (2021) (9)		100.0	%	Built 2012		97.1	%	696,873		All Saints, Arc'teryx, Athleta, 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, Sandro & Maje, Salvatore Ferragamo, Stuart Weitzman, 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		88.1	%	735,171		Armani Outlet, Banana Republic, Burberry, CH Carolina Herrera, Etro, Gucci, J. Crew, Jimmy Choo, Kate Spade New York, Lacoste, Lululemon, Neiman Marcus Last Call, Marc Jacobs, Michael Kors, Pandora, Polo Ralph Lauren, Pottery Barn, Prada, Restoration Hardware, Saint Laurent Paris, Salvatore Ferragamo, Stuart Weitzman, The North Face, Tommy Bahama, Tory Burch, Versace, Vineyard Vines
53.	Seattle Premium Outlets		WA		Tulalip (Seattle)		Ground Lease (2079)		100.0	%	Built 2005		97.4	%	554,532		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, Stuart Weitzman, The North Face, Tommy Bahama, Tommy Hilfiger, Tory Burch, Under Armour
54.	Silver Sands Premium Outlets		FL		Destin		Fee		50.0	% (4)	Acquired 2012		91.4	%	450,954		Adidas, Banana Republic, Brooks Brothers, Coach, Columbia Sportswear, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Puma, Saks Fifth Avenue Off 5th, The North Face, Tommy Hilfiger, Tory Burch, Under Armour, Vera Bradley
55.	St. Augustine Premium Outlets		FL		St. Augustine (Jacksonville)		Fee		100.0	%	Acquired 2004		95.3	%	327,720		Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, J.Crew, Kate Spade New York, Nike, Polo Ralph Lauren, Puma, Tommy Hilfiger, Under Armour
56.	St. Louis Premium Outlets		MO		St. Louis (Chesterfield)		Fee		60.0	% (4)	Built 2013		93.1	%	351,425		Adidas, Ann Taylor, Brooks Brothers, Coach, Gap Outlet, J. Crew, Kate Spade New York, Levi's, Michael Kors, Nike, Puma, Tommy Hilfiger, Ugg, Under Armour, Vera Bradley
57.	Tampa Premium Outlets		FL		Lutz (Tampa)		Fee		100.0	%	Built 2015		98.6	%	459,694		Adidas, A/X Armani Outlet, Banana Republic, BJ's Restaurant and Brewhouse, Brooks Brothers, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, J. Crew, Kate Spade New York, 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		94.7	%	355,254		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		91.8	%	352,705		Banana Republic, Brooks Brothers, Coach, Gap Outlet, Kate Spade New York, Michael Kors, Nike, Tommy Hilfiger
60.	The Crossings Premium Outlets		PA		Tannersville		Fee and Ground Lease (2029) (7)		100.0	%	Acquired 2004		95.5	%	411,766		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

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
61.	Tucson Premium Outlets		AZ		Marana (Tucson)		Fee		100.0	%	Built 2015		79.9	%	363,456		Adidas, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, Godiva, Guess, 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		90.4	%	408,925		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, Saks Fifth Avenue Off 5th, Talbots, Under Armour
63.	Vacaville Premium Outlets		CA		Vacaville		Fee		100.0	%	Acquired 2004		89.6	%	447,273		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, West Elm Outlet
64.	Waikele Premium Outlets		HI		Waipahu (Honolulu)		Fee		100.0	%	Acquired 2004		92.8	%	219,485		Adidas, All Saints, Armani Outlet, 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		81.5	%	421,436		American Eagle Outfitters, Banana Republic, Brooks Brothers, Calvin Klein, Chico’s, Coach, Columbia Sportswear, Gap Outlet, H&M, J.Crew, Kate Spade New York, 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		93.9	%	522,562		Adidas, American Eagle Outfitters, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, J.Crew, Kate Spade New York, Levi's, Loft Outlet, Michael Kors, New Balance, Nike, Pandora, Polo Ralph Lauren, Puma, The North Face, Timberland, Tommy Bahama, Tommy Hilfiger, Under Armour, Vera Bradley, Vineyard Vines
67.	Woodburn Premium Outlets		OR		Woodburn (Portland)		Fee		100.0	%	Acquired 2013		93.5	%	389,513		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		95.1	%	909,425		Arc'teryx, Armani Outlet, Balenciaga, Balmain, Bottega Veneta, Breitling, Brioni, Brunello Cucinelli, Burberry, Canali, Celine, Chloe, Coach, Dior, Dolce & Gabbana, Dunhill, Fendi, Givenchy, Golden Goose, Gucci, Jimmy Choo, Lacoste, Loewe, Longchamp, Loro Piana, Marc Jacobs, Michael Kors, Moncler, Mulberry, Nike, Polo Ralph Lauren, Prada, Saint Laurent, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, Santoni, Shake Shack, Stone Island, Stuart Weitzman, Theory, Tod's, Tom Ford, Tory Burch, Valentino, Versace, Zegna
69.	Wrentham Village Premium Outlets		MA		Wrentham (Boston)		Fee		100.0	%	Acquired 2004		93.8	%	672,869		Adidas, All Saints, Armani Outlet, Banana Republic, Bloomingdale's The Outlet Store, Brooks Brothers, Burberry, Calvin Klein, Coach, David Yurman, Gucci, Karl Lagerfeld, Kate Spade New York, Lacoste, Lululemon, Marc Jacobs, Michael Kors, Nike, Polo Ralph Lauren, Prada, Puma, Restoration Hardware, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, Theory, Tommy Hilfiger, Tory Burch, Under Armour, Vineyard Vines
​	Total U.S. Premium Outlets GLA	​	​	​	​	​	​	​	​	​	​	​	​	​	30,434,534	​	​

​

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		88.2	%	1,224,704		Marshalls, Burlington, Ross, Harkins Cinemas & IMAX, Sea Life Center, Conn's, Legoland, Forever 21, dd's Discounts (6), Overtime by Dick's Sporting Goods, Rainforest Café
2.	Arundel Mills		MD		Hanover (Baltimore)		Fee		59.3	% (4)	Acquired 2007		97.1	%	1,929,910		Bass Pro Shops Outdoor World, Best Buy, Burlington, Dave & Buster's, Medieval Times, Saks Fifth Avenue Off 5th, Off Broadway Shoe Warehouse, T.J. Maxx, Cinemark Egyptian 24 Theatres, Maryland Live! Casino, Forever 21, Ulta, Live! Hotel (14)
3.	Colorado Mills		CO		Lakewood (Denver)		Fee		37.5	% (4)	Acquired 2007		86.1	%	1,416,322		Forever 21, Off Broadway Shoe Warehouse, Super Target, United Artists Theatre, Burlington, H&M, Dick's Sporting Goods, Springhill Suites (15)
4.	Concord Mills		NC		Concord (Charlotte)		Fee		59.3	% (4)	Acquired 2007		97.5	%	1,369,966		Bass Pro Shops Outdoor World, Burlington, Dave & Buster's, Nike Factory Store, Off Broadway Shoes, AMC Theatres, Best Buy, Forever 21, Sea Life Center, H&M, Dick's Sporting Goods (6)
5.	Grapevine Mills		TX		Grapevine (Dallas)		Fee		59.3	% (4)	Acquired 2007		99.1	%	1,781,214		Burlington, Marshalls, Saks Fifth Avenue Off 5th, AMC Theatres, Sun & Ski Sports, Neiman Marcus Last Call, Legoland Discovery Center, Sea Life Center, Ross, H&M, Round 1 Entertainment, Fieldhouse USA, Rainforest Café, Springhill Suites (15), Hyatt Place (15), Hawthorn (15)
6.	Great Mall		CA		Milpitas (San Jose)		Fee and Ground Lease (2049) (7)		100.0	%	Acquired 2007		98.4	%	1,368,462		Camille La Vie, Kohl's, Dave & Buster's, Burlington, Marshalls, Saks Fifth Avenue Off 5th, Nike Factory Store, Century Theatres, Bed Bath & Beyond, Dick's Sporting Goods, Legoland Discovery Center (6)
7.	Gurnee Mills		IL		Gurnee (Chicago)		Fee		100.0	%	Acquired 2007		90.0	%	1,734,951		Bass Pro Shops Outdoor World, Bed Bath & Beyond/Buy Buy Baby, Burlington, Kohl's, Marshalls Home Goods, Marcus Cinemas, Value City Furniture, Off Broadway Shoe Warehouse, Macy's, Floor & Decor, Dick's Sporting Goods, Rainforest Café, The Room Place
8.	Katy Mills		TX		Katy (Houston)		Fee		62.5	% (4) (2)	Acquired 2007		91.9	%	1,787,611		Bass Pro Shops Outdoor World, Books-A-Million, Burlington, Marshalls, 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		91.1	%	1,304,609		Burlington, Cohoes, Forever 21, AMC Theatres, Marshalls, Nike Factory Store, Saks 5th Avenue Off 5th, H&M, Tommy Hilfiger, Residence Inn (15), Courtyard by Marriott (15), Embassy Suites (15), Country Inn & Suites (15)
10.	Ontario Mills		CA		Ontario (Riverside)		Fee		50.0	% (4)	Acquired 2007		100.0	%	1,422,344		Burlington, Nike Factory Store, Marshalls, Saks Fifth Avenue Off 5th, Nordstrom Rack, Dave & Buster's, Camille La Vie, Sam Ash Music, AMC Theatres, Forever 21, Uniqlo, Skechers Superstore, Rainforest Café, Aki Home
11.	Opry Mills		TN		Nashville		Fee		100.0	%	Acquired 2007		99.7	%	1,169,158		Regal Cinema & IMAX, Dave & Buster's, Sun & Ski, Bass Pro Shops Outdoor World, Forever 21, H&M, Madame Tussauds, Rainforest Café, Aquarium Restaurant
12.	Outlets at Orange, The		CA		Orange (Los Angeles)		Fee		100.0	%	Acquired 2007		99.0	%	866,975		Dave & Buster’s, Vans Skatepark, Saks Fifth Avenue Off 5th, AMC Theatres, Neiman Marcus Last Call, Nordstrom Rack, Bloomingdale's the Outlet Store, Guitar Center, Nike Factory Store
13.	Potomac Mills		VA		Woodbridge (Washington, DC)		Fee		100.0	%	Acquired 2007		96.8	%	1,553,574		Marshalls, T.J. Maxx, JCPenney, Burlington, Nordstrom Rack, Saks Fifth Avenue Off 5th Outlet, Costco Warehouse, AMC Theatres, Bloomingdale's Outlet, Buy Buy Baby/and That!, Round 1
14.	Sawgrass Mills		FL		Sunrise (Miami)		Fee		100.0	%	Acquired 2007		92.6	%	2,327,229		Bed Bath & Beyond, BrandsMart USA, Burlington, Marshalls, Neiman Marcus Last Call, Nordstrom Rack, Saks Fifth Avenue Off 5th, Super Target, T.J. Maxx, Regal Cinema, Bloomingdale's Outlet, Dick's Sporting Goods, Primark, AC Hotel by Marriott (6)
​	Total Mills Properties GLA	​	​	​	​	​	​	​	​	​	​	​	​	​	21,257,029	​	​

​

​

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		96.1	%	229,511		Anthropologie, Apple, Pottery Barn
2.	Hamilton Town Center		IN		Noblesville (Indianapolis)		Fee		50.0	% (4)	Built 2008		88.3	%	675,179		JCPenney, Dick's Sporting Goods, Bed Bath & Beyond, DSW
3.	Pier Park		FL		Panama City Beach		Fee		65.6	% (4)	Built 2008		94	%	947,994		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		96.9	%	169,992		Anthropologie, Apple, Pottery Barn
​	Total Lifestyle Centers GLA	​	​	​	​	​	​	​	​	​	​	​	​	​	2,022,676	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	Other Properties	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
1 - 15.	Other Properties		​	​	​	​	​	​	​	​	​	​	​	​	11,385,786		​
16 - 17.	TMLP		​	​	​	​	​	​	​	​	Acquired 2007		​	​	2,913,461		​
​	Total Other GLA	​	​	​	​	​	​	​	​	​	​	​	​	​	14,299,247	(18)	​
​	Total U.S. Properties GLA	​	​	​	​	​	​	​	​	​	​	​	​	​	179,918,916	​	​

​

​

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)	This property is undergoing significant renovation.

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

Circle Centre - 104,944 sq. ft.	​
Copley Place - 893,439 sq. ft.
Domain, The - 156,240 sq. ft.
Fashion Centre at Pentagon City, The - 169,089 sq. ft.
Oxford Valley Mall - 139,701 sq. ft.	​
Shops at Clearfork, The - 146,571 sq. ft.	​
Southdale Center - 102,400 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, 2020. The data presented does not consider the impact of renewal options that may be contained in leases and excludes data related to TRG.

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 12/31/2020			​	Revenues (2)			​
Inline Stores and Freestanding	​	​	​	​	​	​	​		​	​			​
Month to Month Leases	​	995	​	3,463,698	​	$	56.04		​	3.7			%
2021	​	2,392	​	8,635,941	​	$	50.52		​	8.0			%
2022	​	2,561	​	9,658,952	​	$	50.16		​	9.2			%
2023	​	2,325	​	9,254,119	​	$	59.14		​	8.9			%
2024	​	1,785	​	7,076,454	​	$	59.86		​	7.8			%
2025	​	1,561	​	6,100,909	​	$	63.53		​	7.4			%
2026	​	1,246	​	5,046,888	​	$	61.22		​	5.8			%
2027	​	924	​	3,621,868	​	$	65.80		​	4.5			%
2028	​	810	​	3,543,203	​	$	61.61		​	4.1			%
2029	​	697	​	3,025,932	​	$	66.61		​	3.5			%
2030	​	437	​	2,085,678	​	$	64.17		​	2.3			%
2031 and Thereafter	​	323	​	2,169,536	​	$	42.04		​	1.8			%
Specialty Leasing Agreements w/ terms in excess of 12 months	​	1,865	​	4,898,558	​	$	16.47		​	1.6			%
Anchors	​	​	​	​	​	​	​		​	​			​
Month to Month Leases	​	1	​	138,409	​	$	1.18		​	0.0			%
2021	​	2	​	158,266	​	$	3.73		​	0.0			%
2022	​	10	​	1,408,024	​	$	4.22		​	0.1			%
2023	​	17	​	2,381,099	​	$	6.00		​	0.3			%
2024	​	18	​	1,565,287	​	$	8.59		​	0.3			%
2025	​	17	​	1,676,634	​	$	6.72		​	0.2			%
2026	​	14	​	1,660,628	​	$	4.50		​	0.1			%
2027	​	6	​	920,224	​	$	4.16		​	0.1			%
2028	​	8	​	707,745	​	$	8.27		​	0.1			%
2029	​	4	​	511,660	​	$	2.44		​	0.0			%
2030	​	8	​	824,573	​	$	8.52		​	0.1			%
2031 and Thereafter	​	19	​	1,749,992	​	$	12.09		​	0.4			%

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

(2)	Annual rental revenues represent domestic 2020 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, 2020, we owned 63,924,148 shares, or approximately 22.4%, of Klépierre, which had a quoted market price of $22.55 per share. Klépierre is a publicly traded, Paris-based real estate company, which owns, or has an interest in shopping centers located in 15 countries.

As of December 31, 2020, we had a controlling interest in a European investee with interests in ten Designer Outlet properties. Nine of the outlet properties are located in Europe and one outlet property is located in Canada. Of the nine properties in Europe, two are in Italy, two are in the Netherlands, and one each is in Austria, France, Germany, Spain and the United Kingdom. As of December 31, 2020, 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 two operating joint venture properties in Mexico, a 50% interest in two operating joint venture properties in Malaysia, a 50% interest in one operating joint venture in Thailand, and a 50% interest in three Premium Outlet operating joint venture properties in Canada. The nine Japanese Premium Outlets operate in various cities throughout Japan and comprise over 3.6 million square feet of GLA and were 99.5% leased as of December 31, 2020.

Our investment in TRG includes an interest in four operating joint venture properties located outside of the U.S.; two located in the People’s Republic of China and two located in South Korea. Our effective ownership in these centers, through our investment in TRG, ranges from 13.7% to 39.2%.

The following property tables summarize certain data for our international properties as of December 31, 2020 and do not include our equity investments in Klépierre, TRG, 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
​	​	INTERNATIONAL PREMIUM OUTLETS	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	JAPAN	​	​	​	​	​	​	​	​	​	​	​	​	​
1.	​	Ami Premium Outlets	​	Ami (Tokyo)	​	Fee	​	40.0	%	2009	​	315,000	​	Adidas, Beams, Coach, Gap Outlet, Kate Spade New York, Michael Kors, Polo Ralph Lauren, Puma, TaylorMade, Tommy Hilfiger	​
2.	​	Gotemba Premium Outlets (2)	​	Gotemba City (Tokyo)	​	Fee	​	40.0	%	2000	​	659,500	​	Adidas, Armani, Balenciaga, Bally, Beams, Bottega Veneta, Burberry, Coach, Dolce & Gabbana, Dunhill, Gap Outlet, Gucci, Loro Piana, Michael Kors, Moncler, Nike, Polo Ralph Lauren, Prada/Miu Miu, Puma, Salvatore Ferragamo, Tod's, Tory Burch, United Arrows	​
​	​	​	​	​	​	​	​	​	​	Phase 4 - 2020	​	​	​	​	​
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 (2)	​	Izumisano (Osaka)	​	Ground Lease (2031)	​	40.0	%	2000	​	512,500	​	Adidas, Armani, Bally, Beams, Brooks Brothers, Burberry, Coach, Dolce & Gabbana, Dunhill, Eddie Bauer, Furla, Gap Outlet, Kate Spade New York, Lanvin Collection, Michael Kors, Nike, Olive des Olive, Polo Ralph Lauren, Puma, Salvatore Ferragamo, TaylorMade, Tommy Hilfiger, United Arrows, Zara	​
​	​	​	​	​	​	​	​	​	​	Phase 5 - 2020	​	​	​	​	​
5.	​	Sano Premium Outlets	​	Sano (Tokyo)	​	Fee	​	40.0	%	2003	​	390,800	​	Adidas, Beams, Coach, Dunhill, Eddie Bauer, Etro, Furla, Gap Outlet, Gucci, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Prada/Miu Miu, Salvatore Ferragamo, TaylorMade	​
6.	​	Sendai-Izumi Premium Outlets	​	Izumi Park Town (Sendai)	​	Ground Lease (2027)	​	40.0	%	2008	​	164,200	​	Adidas, Beams, Coach, Gap, Nike, Polo Ralph Lauren, Tommy Hilfiger, United Arrows	​
7.	​	Shisui Premium Outlets	​	Shisui (Chiba), Japan	​	Ground Lease (2033)	​	40.0	%	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	​
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	​	328,400	​	Adidas, Beams, Coach, Furla, Gap Outlet, Kate Spade New York, Michael Kors, Nike, Olive des Olive, Polo Ralph Lauren, Puma, Tommy Hilfiger, United Arrows	​
​	​	Subtotal Japan	​	​	​	​	​	​	​	​	​	3,613,700	​	​	​

​

​

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	​
11.	​	Premium Outlets Querétaro	​	Querétaro	​	Fee	​	50.0	%	2019	​	274,800	​	Adidas, Adrianna Papell, Calvin Klein, Guess, Levi's, Nike, Tommy Hilfiger, True Religion, Under Armour	​
​	​	Subtotal Mexico	​	​	​	​	​	​	​	​	​	607,800	​	​	​
​	​	SOUTH KOREA	​	​	​	​	​	​	​	​	​	​	​	​	​
12.	​	Yeoju Premium Outlets	​	Yeoju (Seoul)	​	Fee	​	50.0	%	2007	​	551,600	​	Adidas, Armani, Burberry, Chloe, Coach, Fendi, Gucci, Michael Kors, Nike, Polo Ralph Lauren, Prada, Salvatore Ferragamo, Tod's, Under Armour, Valentino, Vivienne Westwood	​
13.	​	Paju Premium Outlets	​	Paju (Seoul)	​	Ground Lease (2040)	​	50.0	%	2011	​	558,900	​	Adidas, Armani, Bean Pole, Calvin Klein, Coach, Jill Stuart, Lanvin Collection, Marc Jacobs, Michael Kors, Nike, Polo Ralph Lauren, Puma, Tory Burch, Under Armour, Vivienne Westwood	​
14.	​	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	​
15.	​	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, Under Armour	​
​	​	Subtotal South Korea	​	​	​	​	​	​	​	​	​	1,915,100	​	​	​
​	​	MALAYSIA	​	​	​	​	​	​	​	​	​	​	​	​	​
16.	​	Johor Premium Outlets	​	Johor (Singapore)	​	Fee	​	50.0	%	2011	​	309,400	​	Adidas, Armani, Calvin Klein, Coach, DKNY, Furla, Gucci, Guess, Michael Kors, Nike, Polo Ralph Lauren, Prada, Puma, Salvatore Ferragamo, Timberland, Tommy Hilfiger, Tory Burch, Zegna	​
17.	​	Genting Highlands Premium Outlets	​	Kuala Lumpur	​	Fee	​	50.0	%	2017	​	277,500	​	Adidas, Coach, Furla, Kate Spade New York, Michael Kors, Nike, Padini, Polo Ralph Lauren, Puma	​
​	​	Subtotal Malaysia	​	​	​	​	​	​	​	​	​	586,900	​	​	​
​	​	THAILAND	​	​	​	​	​	​	​	​	​	​	​	​	​
18.	​	Siam Premium Outlets Bangkok	​	Bangkok	​	Fee	​	50.0	%	2020	​	264,000	​	Adidas, Balenciage, Burberry, Calvin Klein, Coach, Furla, Kate Spade New York, Nike, Skechers, Under Armour	​
​	​	Subtotal Thailand	​	​	​	​	​	​	​	​	​	264,000	​	​	​
​	​	CANADA	​	​	​	​	​	​	​	​	​	​	​	​	​
19.	​	Toronto Premium Outlets	​	Toronto (Ontario)	​	Fee	​	50.0	%	2013	​	504,600	​	Adidas, Armani, Burberry, Calvin Klein, Coach, Eddie Bauer, Gap, Gucci, Guess, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue, Tommy Hilfiger, Tory Burch, Under Armour	​
20.	​	Premium Outlets Montreal	​	Montreal (Quebec)	​	Fee	​	50.0	%	2014	​	367,400	​	Adidas, Calvin Klein, Coach, Gap, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Salvatore Ferragamo, The North Face, Tommy Hilfiger, Under Armour	​
21.	​	Premium Outlet Collection Edmonton International Airport	​	Edmonton (Alberta)	​	Ground Lease (2072)	​	50.0	%	2018	​	422,600	​	Adidas, Calvin Klein, Coach, Gap Factory, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour	​
​	​	Subtotal Canada	​	​	​	​	​	​	​	​	​	1,294,600	​	​	​
​	​	TOTAL INTERNATIONAL PREMIUM OUTLETS			​	​	​	​	​	​	​	8,282,100	​	​	​

​

​

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	%	2005	​	118,000	​	Adidas, Armani, Bally, Burberry, Calvin Klein, Coach, Dolce & Gabbana, Furla, Geox, Gucci, Guess, Michael Kors, Moncler, Nike, Polo Ralph Lauren, Porsche Design, Prada, Puma, Tommy Hilfiger, Zegna	​
​	​	Subtotal Austria	​	​	​	​	​	​	​	​	​	118,000	​	​	​
​	​	ITALY	​	​	​	​	​	​	​	​	​	​	​	​	​
2.	​	La Reggia Designer Outlet (3)		Marcianise (Naples)	​	Fee	​	90.0	%	2010	​	288,000	​	Adidas, Armani, Calvin Klein, Coach, Guess, Liu Jo, Michael Kors, Nike, Pinko, Polo Ralph Lauren, Puma, Timberland, Tommy Hilfiger	​
3.	​	Noventa Di Piave Designer Outlet		Venice	​	Fee	​	90.0	%	2008	​	353,000	​	Adidas, Armani, Bally, Bottega Veneta, Burberry, Calvin Klein, Coach, Dolce & Gabanna, Fendi, Furla, Gucci, Loro Piana, Michael Kors, Nike, Pinko, Polo Ralph Lauren, Prada, Salvatore Ferragamo, Sergio Rossi,Tommy Hilfiger, Valentino, Versace, Zegna	​
​	​	Subtotal Italy	​	​	​	​	​	​	​	​	​	641,000	​	​	​
​	​	NETHERLANDS	​	​	​	​	​	​	​	​	​	​	​	​	​
4.	​	Roermond Designer Outlet Phases 2 & 3		Roermond	​	Fee	​	90.0	%	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	​
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.	​	Designer Outlet Roosendaal	​	Roosendaal	​	Fee	​	94.0	%	2017	​	247,500	​	Adidas, Calvin Klein, Esprit, Guess, Nike, Puma, S. Oliver, Tommy Hilfiger	​
​	​	Subtotal Netherlands	​	​	​	​	​	​	​	​	​	545,500	​	​	​
​	​	UNITED KINGDOM	​	​	​	​	​	​	​	​	​	​	​	​	​
7.	​	Ashford Designer Outlet		Kent	​	Fee	​	45.0	%	2000	​	281,000	​	Adidas, Calvin Klein, Clarks, Fossil, French Connection, Gap, Guess, Kate Spade New York, Nike, Polo Ralph Lauren, Superdry, Tommy Hilfiger	​
​	​	Subtotal England	​	​	​	​	​	​	​	​	​	281,000	​	​	​
​	​	CANADA	​	​	​	​	​	​	​	​	​	​	​	​	​
8.	​	Vancouver Designer Outlets		Vancouver	​	Ground Lease (2072)	​	45.0	%	2015	​	326,000	​	Adidas, Armani, Burberry, Calvin Klein, Coach, Gap, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour	​
​	​	Subtotal Canada	​	​	​	​	​	​	​	​	​	326,000	​	​	​
​	​	GERMANY	​	​	​	​	​	​	​	​	​	​	​	​	​
9.	​	Ochtrup Designer Outlets	​	Ochtrup	​	Fee	​	70.5	%	2016	​	191,500	​	Adidas, Calvin Klein, Guess, Lindt, Nike, Puma, Samsonite, Schiesser, Seidensticker, Steiff, Tom Tailor, Vero Moda	​
​	​	Subtotal Germany	​	​	​	​	​	​	​	​	​	191,500	​	​	​
​	​	FRANCE	​	​	​	​	​	​	​	​	​	​	​	​	​
10.	​	Provence Designer Outlet	​	Miramas	​	Fee	​	90.0	%	2017	​	269,000	​	Armani, Calvin Klein, Guess, Michael Kors, Nike, Polo Ralph Lauren, Puma, Prada, Timberland, Tommy Hilfiger	​
​	​	Subtotal France	​	​	​	​	​	​	​	​	​	269,000	​	​	​
​	​	SPAIN	​	​	​	​	​	​	​	​	​	​	​	​	​
11.	​	Málaga Designer Outlet	​	Málaga	​	Fee	​	46.1	%	2020	​	191,000	​	Adidas, Armani, Burberry, Calvin Klein, Furla, Guess, Polo Ralph Lauren, Prada, Tommy Hilfiger, Under Armour	​
​	​	Subtotal Spain	​	​	​	​	​	​	​	​	​	191,000	​	​	​
​	​	Total International Designer Outlets			​	​	​	​	​	​	​	2,563,000	​	​	​

FOOTNOTES:

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

(2)	Property completed an expansion in 2020.

(3)	Property is undergoing an expansion.

​

​

​

Land

We have direct or indirect ownership interests in approximately 186 acres of land held in the United States and Canada for future development.

Sustainability

At Simon, we define and implement sustainability and ESG initiatives into all aspects 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 healthy, safe, productive, and positive work environment for our employees. Our sustainability framework focuses on four key areas: Customers, Communities, Environment, and Employees.

The health and safety of all who work in and visit our properties has and continues to be our top priority, and in 2020, our Sustainability office enrolled and successfully achieved the International WELL Building Institute’s (IWBI) third party verified WELL Health-Safety Rating for Facility Operations and Management for over 200 properties in our portfolio. This rating was earned primarily as a result of our first in class emergency management programs, and the implementation of Simon’s rigorous COVID-19 exposure mitigation protocols. Simon will continue to go above and beyond to ensure that all occupants in our centers can feel confident that Simon is working hard to protect them. To learn more about our Health-Safety efforts and rating visit: www.simon.com/health.

Since 2003, we have measured our environmental impact and leveraged sustainability to reduce this impact while achieving cost efficiencies in our operations by implementing a range of energy management practices, and continuous energy monitoring and reporting. As a result, we have reduced our energy consumption every year since 2003. In this period, excluding new developments, we have reduced the energy usage over which we have direct control, by 354 million kWh, representing a 33% reduction across a portfolio of comparable properties. In recent years, we have ramped up these efforts, and from 2013-2019 have achieved an energy use reduction of 182 million kWh, representing a 20% reduction in a six-year period, accounting for 51% of total reductions achieved since 2003.

Our reduction in greenhouse gas emissions resulting from our energy management efforts since 2003 is 312,067 metric tons of CO2e. This figure represents a reduction of 54% and includes emission streams scope 1 and scope 2. Enhanced efforts from 2013-2019 have resulted in emissions reduction of 125,457 metric tons of CO2e. This represents a 32% reduction in a six-year period, accounting for 40% of total reductions achieved since 2003. Additional emission streams, such as scope 3 emissions generated from tenants’ plug-load consumptions, are included 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.

We are also focused on reducing our water usage, and in 2019, achieved a reduction of 5.4% in water use. We have reduced water consumption by 1.5 million gallons, representing an 18% reduction since 2015, and are on track to meet our 2025 20% reduction target ahead of time.

In 2020, Simon announced new 2035 emissions targets approved by the Science Based Target Initiative (SBTi). Our commitment is to reduce scope 1 and scope 2 emissions by 68% (2019 baseline), and scope 3, including tenant emissions by 21% (2018 baseline). We have also aligned our climate-related risk disclosure with the recommendations made by the Task Force on Climate Related Financial Disclosures (TCFD), established by the Financial Stability Board (FSB). To learn more and access the full report visit: investors.simon.com/sustainability.

Simon’s sustainability performance has been recognized by international organizations. In 2020, Simon participated in CDP’s annual climate change questionnaire and received an A score, earning a prestigious place on CDP’s climate change ‘A List’ that represents results achieved by only 270 of the 5,800+ (<5%) reporting organizations globally. 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, excluding TRG. Substantially all of the mortgage and property related debt is nonrecourse to us.

​

​

Mortgage and Unsecured Debt

As of December 31, 2020

(Dollars in thousands)

​

​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	Interest			​	Face			​	Annual Debt			​	Maturity
Property Name	​	Rate			​	Amount			​	Service (1)			​	Date
Consolidated Indebtedness:	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Secured Indebtedness:	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Arizona Mills		5.76	%	​	​	$	145,874	​	​	$	12,247	​	​	07/01/21	​
Battlefield Mall		3.95	%	​	​	​	112,707	​	​	​	6,908	​	​	09/01/22	​
Birch Run Premium Outlets		4.21	%	​	​	​	123,000	​	​	​	5,263	(2)	​	02/06/26	​
Calhoun Outlet Marketplace		4.17	%	​	​	​	17,941	(19)	​	​	1,140	​	​	06/01/26	​
Carolina Premium Outlets		3.36	%	​	​	​	41,757	​	​	​	2,672	​	​	12/01/22	​
Domain, The		5.44	%	​	​	​	176,533	​	​	​	14,066	​	​	08/01/21	​
Ellenton Premium Outlets		4.30	%	​	​	​	178,000	​	​	​	7,779	(2)	​	12/01/25	​
Empire Mall		4.31	%	​	​	​	183,782	​	​	​	11,290	​	​	12/01/25	​
Florida Keys Outlet Marketplace		4.17	%	​	​	​	17,001	​	​	​	720	(2)	​	12/01/25	​
Gaffney Outlet Marketplace		4.17	%	​	​	​	28,981	(19)	​	​	1,839	​	​	06/01/26	​
Grand Prairie Premium Outlets		3.66	%	​	​	​	109,122	​	​	​	6,588	​	​	04/01/23	​
Grove City Premium Outlets		4.31	%	​	​	​	140,000	​	​	​	6,133	(2)	​	12/01/25	​
Gulfport Premium Outlets		4.35	%	​	​	​	50,000	​	​	​	2,211	(2)	​	12/01/25	​
Gurnee Mills		3.99	%	​	​	​	253,708	​	​	​	16,156	(2)	​	10/01/26	​
Hagerstown Premium Outlets		4.26	%	​	​	​	73,314	​	​	​	4,548	​	​	02/06/26	​
Ingram Park Mall		5.38	%	​	​	​	122,251	​	​	​	9,732	​	​	06/01/21	​
La Reggia Designer Outlet Phases 1 & 2		2.25	%	(25)	​	​	159,432	(30)	​	​	7,889	​	​	02/15/22	​
Lee Premium Outlets		4.17	%	​	​	​	49,504	(19)	​	​	3,331	​	​	06/01/26	​
Merrimack Premium Outlets		3.78	%	​	​	​	116,398	​	​	​	7,238	​	​	07/01/23	​
Midland Park Mall		4.35	%	​	​	​	71,822	​	​	​	5,072	​	​	09/06/22	​
Mills at Jersey Gardens, The		3.38	%	(1)	​	​	355,000	​	​	​	14,111	(2)	​	11/09/25	(3)
Montgomery Mall		4.57	%	​	​	​	100,000	​	​	​	4,646	(2)	​	05/01/24	​
Noventa Di Piave Designer Outlet Phases 1, 2, 3, 4		1.95	%	​	​	​	343,042	(30)	​	​	6,130	(2)	​	07/25/25	​
Opry Mills		4.09	%	​	​	​	375,000	​	​	​	15,601	(2)	​	07/01/26	​
Outlets at Orange, The		4.22	%	​	​	​	215,000	​	​	​	9,218	(2)	​	04/01/24	​
Oxford Valley Mall		4.77	%	​	​	​	32,779	(8)	​	​	4,310	​	​	12/07/20	​
Parndorf Designer Outlet		2.00	%	​	​	​	226,896	(30)	​	​	4,268	(2)	​	07/04/29	​
Penn Square Mall		3.84	%	​	​	​	310,000	​	​	​	12,109	(2)	​	01/01/26	​
Phipps Plaza Hotel		1.89	%	(1)	​	​	25,000	​	​	​	603	(2)	​	10/25/26	​
Pismo Beach Premium Outlets		3.33	%	​	​	​	34,329	(20)	​	​	1,423	​	​	09/06/26	​
Plaza Carolina		1.24	%	(1)	​	​	225,000	​	​	​	3,925	(2)	​	07/27/21	​
Pleasant Prairie Premium Outlets		4.00	%	​	​	​	145,000	​	​	​	5,889	(2)	​	09/01/27	​
Potomac Mills		3.46	%	​	​	​	416,000	​	​	​	14,623	(2)	​	11/01/26	​
Provence Designer Outlet		1.60	%	(33)	​	​	100,445	(30)	​	​	1,756	(2)	​	07/27/22	(3)
Puerto Rico Premium Outlets		1.24	%	(1)	​	​	160,000	​	​	​	2,816	(2)	​	07/26/21	​
Queenstown Premium Outlets		3.33	%	​	​	​	60,308	(20)	​	​	2,494	​	​	09/06/26	​
Roermond Designer Outlet		1.78	%	​	​	​	282,085	(30)	​	​	4,847	(2)	​	12/18/21	​
Roosendaal Designer Outlets		1.75	%	(24)	​	​	72,342	(30)	​	​	2,692	​	​	02/25/24	(3)
Shops at Chestnut Hill, The		4.69	%	​	​	​	120,000	​	​	​	5,718	(2)	​	11/01/23	​
Shops at Riverside, The		3.37	%	​	​	​	130,000	​	​	​	4,455	(2)	​	02/01/23	​
Southdale Center		3.84	%	​	​	​	138,131	​	​	​	8,703	​	​	04/01/23	​
Southridge Mall		3.85	%	​	​	​	112,087	​	​	​	6,802	​	​	06/06/23	​

Mortgage and Unsecured Debt

As of December 31, 2020

(Dollars in thousands)

​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	Interest			​	Face			​	Annual Debt			​	Maturity
Property Name	​	Rate			​	Amount			​	Service (1)			​	Date
Summit Mall		3.31	%	​	​	​	85,000	​	​	​	2,864	(2)	​	10/01/26	​
The Crossings Premium Outlets		3.41	%	​	​	​	103,304	​	​	​	6,123	​	​	12/01/22	​
Town Center at Cobb		4.76	%	​	​	​	180,376	​	​	​	9,968	​	​	05/01/22	​
University Park Village		3.85	%	​	​	​	54,425	​	​	​	2,685	​	​	05/01/28	​
White Oaks Mall		2.89	%	(28)	​	​	46,915	​	​	​	2,261	​	​	06/01/24	(3)
Williamsburg Premium Outlets		4.23	%	​	​	​	185,000	​	​	​	7,954	(2)	​	02/06/26	​
Wolfchase Galleria	​	4.15	%	​	​	​	155,152	​	​	​	7,563	(2)	​	11/01/26	​
Total Consolidated Secured Indebtedness	​	​	​	​	​	$	6,959,743	​	​	​	​	​	​	​	​
Unsecured Indebtedness:	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Simon Property Group, L.P.		​	​	​	​	​	​	​	​	​	​	​	​	​	​
Global Commercial Paper - USD		0.29	%	(16)	​	​	623,020	​	​		1,779	(2)	​	02/19/21	​
Revolving Credit Facility - USD		0.84	%	(15)	​	​	125,000	​	​		1,050	(2)	​	06/30/25	(3)
Term Facility - USD	​	0.85	%	(15)	​	​	2,000,000	(35)	​	​	17,000	(2)	​	06/30/23	(3)
Unsecured Notes - 22C		6.75	%	​	​	​	600,000	​	​		40,500	(14)	​	02/01/40	​
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 - 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 - 29B		3.50	%	​	​	​	1,100,000	​	​		38,500	(14)	​	09/01/25	​
Unsecured Notes - 30A		2.50	%	​	​	​	550,000	(35)	​		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 - 34A		2.00	%	​	​	​	1,000,000	​	​		20,000	(14)	​	09/13/24	​
Unsecured Notes - 34B		2.45	%	​	​	​	1,250,000	​	​		30,625	(14)	​	09/13/29	​
Unsecured Notes - 34C		3.25	%	​	​	​	1,250,000	​	​		40,625	(14)	​	09/13/49	​
Unsecured Notes - 35A	​	2.65	%	​	​	​	750,000	​	​	​	19,875	(14)	​	07/15/30	​
Unsecured Notes - 35B	​	3.80	%	​	​	​	750,000	​	​	​	28,500	(14)	​	07/15/50	​
Unsecured Notes - Euro 2		1.38	%	​	​	​	919,850	(13)	​		12,648	(6)	​	11/18/22	​
Unsecured Notes - Euro 3	​	1.25	%	​	​	​	613,232	(10)	​	​	7,665	(6)	​	05/13/25	​
Total Consolidated Unsecured Indebtedness	​	​	​	​	​	$	19,831,102	​	​	​	​	​	​	​	​
Total Consolidated Indebtedness at Face Amounts	​	​	​	​	​	$	26,790,845	​	​	​	​	​	​	​	​
Premium on Indebtedness	​	​	​	​	​		35,077	​	​	​	​	​	​	​	​
Discount on Indebtedness	​	​	​	​	​		(54,199)	​	​	​	​	​	​	​	​
Debt Issuance Costs	​	​	​	​	​		(113,132)	​	​	​	​	​	​	​	​
Other Debt Obligations	​	​	​	​	​		64,770	(18)	​	​	​	​	​	​	​
Total Consolidated Indebtedness	​	​	​	​	​	$	26,723,361	​	​	​	​	​	​	​	​
Our Share of Consolidated Indebtedness	​	​	​	​	​	$	26,542,123	​	​	​	​	​	​	​	​

Mortgage and Unsecured Debt

As of December 31, 2020

(Dollars in thousands)

​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	Interest			​	Face			​	Annual Debt			​	Maturity
Property Name	​	Rate			​	Amount			​	Service (1)			​	Date
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Joint Venture Indebtedness:	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Secured Indebtedness:		​	​	​	​	​	​	​	​	​	​	​	​	​	​
Ami Premium Outlets		1.64	%	​	​	$	35,097	(26)	​	$	8,882	​	​	09/25/23	​
Arundel Mills		4.29	%	​	​		383,500	​	​		16,717	(2)	​	02/06/24	​
Ashford Designer Outlet		3.08	%	(27)	​		136,504	(21)	​		4,210	(2)	​	02/22/22	​
Aventura Mall		4.12	%	​	​		1,750,000	​	​		73,324	(2)	​	07/01/28	​
Avenues, The		3.60	%	​	​		110,000	​	​		4,026	(2)	​	02/06/23	​
Briarwood Mall		3.29	%	​	​		165,000	​	​		5,522	(2)	​	09/01/26	​
Busan Premium Outlets		3.04	%	​	​		100,274	(17)	​		2,855	(2)	​	06/20/23	​
Cape Cod Mall	​	5.75	%	​	​	​	84,739	​	​	​	6,995	​	​	03/06/21	​
Charlotte Premium Outlets		4.27	%	​	​		100,000	​	​		4,297	(2)	​	07/01/28	​
Circle Centre		2.89	%	(1)	​		63,500	​	​		2,696	​	​	12/06/24	(3)
Clarksburg Premium Outlets		3.95	%	​	​		160,000	​	​		6,325	(2)	​	01/01/28	​
Coconut Point		3.95	%	​	​		182,775	​	​		10,812	​	​	10/01/26	​
Colorado Mills - 1		4.28	%	​	​		128,913	​	​		8,050	​	​	11/01/24	​
Colorado Mills - 2		5.04	%	​	​		25,083	​	​		1,811	​	​	07/01/21	​
Concord Mills		3.84	%	​	​		235,000	​	​		9,165	(2)	​	11/01/22	​
Crystal Mall		4.46	%	​	​		84,074	​	​		5,743	​	​	06/06/22	​
Dadeland Mall		4.50	%	​	​		392,014	​	​		26,975	​	​	12/05/21	​
Dadeland Mall Hotel		2.49	%	(1)	​		15,101	​	​		377	(2)	​	07/01/23	​
Del Amo Fashion Center	​	3.66	%	​	​	​	585,000	​	​	​	21,753	(2)	​	06/01/27	​
Domain Westin		4.12	%	​	​		63,663	​	​		3,721	​	​	09/01/25	​
Dover Mall		5.57	%	​	​		81,426	​	​		7,497	​	​	08/06/21	​
Emerald Square Mall		4.71	%	​	​		99,568	​	​		5,538	​	​	08/11/22	​
Falls, The		3.45	%	​	​		150,000	​	​		5,261	(2)	​	09/01/26	​
Fashion Centre Pentagon Office		5.11	%	​	​		40,000	​	​		2,077	(2)	​	07/01/21	​
Fashion Centre Pentagon Retail		4.87	%	​	​		410,000	​	​		20,289	(2)	​	07/01/21	​
Fashion Valley		4.30	%	(34)	​		411,565	​	​		28,171	​	​	02/01/21	​
Florida Mall, The		5.25	%	​	​		305,474	​	​		24,502	​	​	03/05/21	​
Galleria, The		3.55	%	​	​		1,200,000	​	​		43,308	(2)	​	03/01/25	​
Genting Highland Premium Outlets		3.96	%	(7)	​		25,311	(9)	​		1,125	(2)	​	02/14/24	​
Gloucester Premium Outlets		1.64	%	(1)	​		86,000	​	​		1,855	(2)	​	03/01/23	(3)
Gotemba Premium Outlets	​	0.16	%	​	​	​	126,010	(26)	​	​	235	(2)	​	04/08/27	​
Grapevine Mills		3.83	%	​	​		268,000	​	​		10,443	(2)	​	10/01/24	​
Hamilton Town Center		4.81	%	​	​	​	76,227	​	​	​	5,287	​	​	04/01/22	​
Katy Mills		3.49	%	​	​	​	140,000	​	​	​	4,967	(2)	​	12/06/22	​
Kobe-Sanda Premium Outlets		0.34	%	(12)	​	​	8,725	(26)	​	​	42	(2)	​	01/31/23	​
Lehigh Valley Mall		4.06	%	​	​		189,147	​	​		11,523	​	​	11/01/27	​
Liberty Tree Mall		3.41	%	​	​		29,445	​	​		1,765	​	​	05/06/23	​
Malaga Designer Outlet		2.75	%	(22)	​		61,744	​	​		1,737	(2)	​	02/09/23	​
Mall at Rockingham Park, The		4.04	%	​	​		262,000	​	​		10,761	(2)	​	06/01/26	​
Mall at Tuttle Crossing, The		3.56	%	​	​		114,814	​	​		5,685	​	​	05/01/23	​
Mall of New Hampshire, The		4.11	%	​	​		150,000	​	​		6,265	(2)	​	07/01/25	​

Mortgage and Unsecured Debt

As of December 31, 2020

(Dollars in thousands)

​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	Interest			​	Face			​	Annual Debt			​	Maturity
Property Name	​	Rate			​	Amount			​	Service (1)			​	Date
Meadowood Mall		5.82	%	​	​		107,751	​	​		8,809	​	​	11/06/21	​
Miami International Mall		4.42	%	​	​		160,000	​	​		7,190	(2)	​	02/06/24	​
Northshore Mall		3.30	%	​	​		230,163	​	​		14,177	​	​	07/05/23	​
Ochtrup Designer Outlet		2.49	%	(27)	​		46,262	(30)	​		1,871	​	​	06/30/21	​
Ontario Mills		4.25	%	​	​		289,141	​	​		20,328	​	​	03/05/22	​
Paju Premium Outlets		3.36	%	​	​		69,915	(17)	​		4,556	​	​	07/13/23	​
Premium Outlet Collection Edmonton IA		1.76	%	(4)	​		106,105	(5)	​		2,202	(2)	​	11/10/21	​
Premium Outlets Montréal		3.08	%	​	​		94,177	(5)	​		2,537	(2)	​	06/01/24	​
Quaker Bridge Mall		4.50	%	​	​		180,000	​	​		8,235	(2)	​	05/01/26	​
Querétaro Premium Outlets - Fixed		9.98	%	​	​		22,469	(32)	​		2,243	(3)	​	12/20/33	​
Querétaro Premium Outlets - Variable		8.49	%	​	​		5,581	(32)	​		474	(2)	​	12/20/21	​
Rinku Premium Outlets - Fixed	​	0.30	%	​	​	​	57,189	(26)	​	​	172,551	(2)	​	07/31/27	​
Rinku Premium Outlets - Variable		0.34	%	(12)	​		9,693	(26)	​		32,604	(2)	​	07/31/22	​
Roermond 4 Designer Outlet	​	1.30	%	(23)	​	​	206,046	(30)	​	​	2,834	(2)	​	08/17/25	​
Roosevelt Field Hotel		3.24	%	(1)	​		28,270	​	​		516	(2)	​	01/12/23	​
Round Rock Plaza Residential		2.14	%	(1)	​		29,462	​	​		50	(2)	​	01/24/24	​
Sano Premium Outlets	​	0.28	%	​	​	​	44,103	(26)	​	​	126	(2)	​	02/28/25	​
Sawgrass Mills Hotel		5.27	%	(2)	​		20,033	​	​		1,056	(1)	​	06/07/24	​
Shisui Premium Outlets Phase 1		0.32	%	(12)	​		27,141	(26)	​		246	(2)	​	05/31/23	​
Shisui Premium Outlets Phase 2		0.35	%	​	​		48,465	(26)	​		167	(2)	​	04/08/25	​
Shisui Premium Outlets Phase 3		0.32	%	(12)	​		25,202	(26)	​		81	(2)	​	11/30/23	​
Shops at Clearfork, The		2.81	%	(1)	​		145,000	​	​		3,940	(2)	​	03/11/30	(3)
Shops at Crystals, The		3.74	%	​	​		550,000	​	​		20,935	(2)	​	07/01/26	​
Shops at Mission Viejo, The		3.61	%	​	​		295,000	​	​		10,827	(2)	​	02/01/23	​
Siam Premium Outlets Bangkok		3.95	%	​	​		81,008	(11)	​		1,496	(2)	​	06/05/31	​
Siheung Premium Outlets		3.28	%	​	​		137,990	(17)	​		4,176	(2)	​	03/15/23	​
Silver Sands Premium Outlets		3.93	%	​	​		100,000	​	​		2,948	(2)	​	06/01/22	​
Smith Haven Mall		2.64	%	(1)	​		171,750	​	​		12,619	​	​	01/30/21	​
Solomon Pond Mall		4.01	%	​	​		93,308	​	​		5,464	​	​	11/01/22	​
Southdale Hotel		2.14	%	​	​		17,000	​	​		473	(2)	​	06/01/22	​
Southdale Residential		4.46	%	​	​		38,012	​	​		2,457	​	​	10/15/35	​
Springfield Mall		4.45	%	​	​		59,485	​	​		3,680	​	​	10/06/25	​
Square One Mall		5.47	%	​	​		86,064	​	​		6,451	​	​	01/06/22	​
St. Johns Town Center		3.82	%	​	​		350,000	​	​		13,589	(2)	​	09/11/24	​
St. Louis Premium Outlets		4.06	%	​	​		93,138	​	​		5,478	​	​	10/06/24	​
Stoneridge Shopping Center		3.50	%	​	​		330,000	​	​		11,550	(2)	​	09/05/26	​
Tanger Outlets Columbus		1.99	%	(1)	​		71,000	​	​		1,864	(2)	​	11/28/22	​
Tanger Outlets - Galveston/Houston		1.79	%	(1)	​		80,000	​	​		1,757	(2)	​	07/01/22	(3)
Toki Premium Outlets - Fixed		0.21	%	​	​		25,687	(26)	​		48	(2)	​	11/30/24	​
Toki Premium Outlets - Variable		0.29	%	(12)	​		3,392	(26)	​		3,392	(2)	​	11/30/24	​
Toronto Premium Outlets		3.11	%	​	​		133,420	(5)	​		4,144	(2)	​	06/01/22	​
Toronto Premium Outlets II		1.66	%	(4)	​		90,824	(5)	​		1,508	(2)	​	05/24/22	(3)
Tosu Premium Outlets		0.17	%	(12)	​		71,242	(26)	​		140	(2)	​	10/31/26	​
Twin Cities Premium Outlets		4.32	%	​	​		115,000	​	​		5,051	(2)	​	11/06/24	​

Mortgage and Unsecured Debt

As of December 31, 2020

(Dollars in thousands)

​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	Interest			​	Face			​	Annual Debt			​	Maturity
Property Name	​	Rate			​	Amount			​	Service (1)			​	Date
Vancouver Designer Outlet		2.01	%	(4)	​		125,849	(5)	​		3,103	(2)	​	02/18/21	​
West Midlands Designer Outlets	​	3.68	%	​	​		42,042	(16)	​		1,545	(1)	​	02/27/23	​
West Town Mall	​	4.37	%	​	​		206,957	​	​		12,305	​	​	07/01/22	​
Westchester, The	​	3.25	%	​	​		400,000	​	​		14,288	(2)	​	02/01/30	​
Woodfield Mall	​	4.50	%	​	​		397,944	​	​	​	25,526	​	​	03/05/24	​
Yeoju Premium Outlets	​	3.41	%	​	​		67,152	(17)	​	​	2,078	(2)	​	03/06/23	​
Total Joint Venture Secured Indebtedness at Face Value	​	​	​	​	​	​	15,221,125		​	​	​	​	​	​	​
TMLP Indebtedness at Face Value	​	​	​	​	​		378,845	(29)	​	​	​	​	​	​	​
Total Joint Venture and TMLP Indebtedness at Face Value	​	​	​	​	​		15,599,970		​	​	​	​	​	​	​
Debt Issuance Costs	​	​	​	​	​		(30,485)	​	​	​	​	​	​	​	​
Total Joint Venture Indebtedness	​	​	​	​	​	$	15,569,485		​	​	​	​	​	​	​
Our Share of Joint Venture Indebtedness	​	​	​	​	​	$	7,159,202	(31)	​	​	​	​	​	​	​

(1)	Variable rate loans based on one-month (1M) LIBOR plus interest rate spreads ranging from 77.5 bps to 324 bps. 1M LIBOR as of December 31, 2020 was 0.14%.

(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, 2020 was 0.46%.

(5)	Amount shown in USD equivalent. CAD equivalent is 701.3 million.

(6)	Requires annual payment of interest only.

(7)	Variable rate loans based on Cost of Fund plus interest rate spreads of 175 bps. Cost of Fund as of December 31, 2020 was 2.21%.

(8)	Mortgage is outstanding as of 12/31/2020, the single purpose entity borrower and the lender are currently working together to extend the maturity date of this non-recourse loan.

(9)	Amount shown in USD equivalent. Ringgit equivalent is 102.0 million.

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

(11)	Amount shown in USD equivalent. Baht equivalent is 2.4 billion.

(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, 2020, 6M TIBOR was 0.14%.

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

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

(15)	Credit Facilities. As of December 31, 2020, the Credit Facilities bear interest at a spread of LIBOR plus an interest rate spread of 0 bps to 160 bps or LIBOR plus 77.5 bps. The Credit Facilities provide for different pricing based upon our investment grade rating. As of December 31, 2020, $6.7 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, 2020.

(17)	Amount shown in USD equivalent. Won equivalent is 408.0 billion.

(18)	City of Sunrise Bond Liability (Sawgrass Mills).

Mortgage and Unsecured Debt

As of December 31, 2020

(Dollars in thousands)

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

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

(21)	Amount shown in USD equivalent. GBP equivalent is 100.0 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)	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%.

(24)	Variable rate loan based on one-month (1M) EURIBOR, which is subject to a floor of 0.00%, plus an interest rate spread of 175 bps.

(25)	Variable rate loan based on 3M EURIBOR plus an interest rate spread from 250 bps to 275 bps. Through an interest rate floor agreement, 3M EURIBOR is currently fixed at 0.00%.

(26)	Amount shown in USD equivalent. Yen equivalent is 49.7 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 2021 and 2024.

(30)	Amount shown in USD equivalent. Euro equivalent is 1.2 billion.

(31)	Our share of total indebtedness includes a pro rata share of the mortgage debt on joint venture properties, including properties owned by The Mills Limited Partnership. To the extent total indebtedness is secured by a property, it is non-recourse to us, with the exception of approximately $219.2 million of payment guarantees provided by the Operating Partnership.

(32)	Amount shown in USD equivalent. Peso equivalent is 557.9 million.

(33)	Variable rate loan based on 3M EURIBOR plus an interest rate spread of 160 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)	Subsequent to December 31, 2020, this mortgage was refinanced to $415 million, with a maturity date of February 1, 2024, and an interest rate of 3.75%.

(35)	On January 27, 2021 the Operating Partnership completed the planned optional redemption of its $550 million 2.50% notes due on July 15, 2021, including the make-whole amount. Further on February 2, 2021, the Operating Partnership repaid $750 million under the Term Facility.

Mortgage and Unsecured Debt

As of December 31, 2020

(Dollars in thousands)

The changes in consolidated mortgages and unsecured indebtedness for the years ended December 31, 2020, 2019 and 2018 are as follows:

​	​	​	​	​	​	​	​	​	​	​
​		2020			2019			2018
Balance, Beginning of Year	​	$	24,163,230	​	$	23,305,535	​	$	24,632,463	​
Additions during period:	​	​	​	​	​	​	​	​	​	​
New Loan Originations	​		15,269,455	​		13,355,809	​		7,980,569	​
Loans assumed in acquisitions and consolidation	​		—	​		21,001	​		215,000	​
Net (Discount)/Premium	​		28,906	​		(16,903)	​		301	​
Net Debt Issuance Costs	​	​	(34,595)	​	​	(23,505)	​	​	(6,885)	​
Deductions during period:	​	​	​	​	​	​	​	​	​	​
Loan Retirements	​		(12,932,448)	​		(12,366,951)	​		(9,340,861)	​
Amortization of Net Discounts/(Premiums)	​		174	​		(758)	​		1,618	​
Debt Issuance Cost Amortization	​	​	23,076	​	​	18,400	​	​	21,444	​
Scheduled Principal Amortization	​		(51,728)	​		(58,419)	​		(54,624)	​
Foreign Currency Translation	​	​	257,291	​	​	(70,979)	​	​	(143,490)	​
Balance, Close of Year	​	$	26,723,361	​	$	24,163,230	​	$	23,305,535	​

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