Item 2. Properties

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Item 2. Properties

United States Properties

Our U.S. properties primarily consist of malls, Premium Outlets, The Mills, lifestyle centers and other retail properties. These properties contain an aggregate of approximately 172.6 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 94 malls are generally enclosed centers and range in size from approximately 270,000 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 2.4 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 six lifestyle centers and 13 other retail properties. The lifestyle centers range in size from 170,000 to 950,000 square feet of GLA. The other retail properties range in size from approximately 200,000 to 1.6 million square feet of GLA and are considered non-core to our business model.

As of December 31, 2022, approximately 94.9% of the owned GLA in malls and Premium Outlets was leased and approximately 98.2% of the owned GLA for The Mills was leased.

We wholly own 130 of our properties, effectively control 11 properties in which we have a joint venture interest, and hold the remaining 55 properties through unconsolidated joint venture interests. We are the managing or co-managing general partner or member of 188 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%.

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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, 2022.

​​​​​​​​​​​​​​​​​​
​​​​​​​Ownership Interest​​​Year Built​​​​​​
​​​​​​​(Expiration if​Legal​or​​​​​​
​Property NameStateCity (CBSA)Lease) (3)OwnershipAcquiredOccupancy (5)Total GLASelected Larger Retailers and Uses
​Malls​​​​​​​​​​​​​​​​
1.Apple Blossom MallVAWinchesterFee49.1% (4)Acquired 199987.2%473,915Belk, JCPenney, AMC Cinemas
2.Auburn MallMAAuburnFee56.4% (4)Acquired 199996.5%499,457Macy's, Reliant Medical (15)
3.Aventura Mall (1)FLMiami Beach (Miami)Fee33.3% (4)Built 198397.4%2,121,975Bloomingdale's, Macy's (8), JCPenney, Nordstrom, Equinox Fitness Clubs, AMC Theatres
4.Barton Creek SquareTXAustinFee100.0%Built 198196.0%1,450,887Nordstrom, Macy's, Dillard's (8), JCPenney, AMC Theatres
5.Battlefield MallMOSpringfieldFee and Ground Lease (2056)100.0%Built 197095.8%1,203,279Macy's, Dillard's (8), JCPenney
6.Bay Park SquareWIGreen BayFee100.0%Built 198097.5%690,651Kohl's, Marcus Cinema 16, Dave & Buster's, Steinhafel Furniture, Hy-Vee
7.Brea MallCABrea (Los Angeles)Fee100.0%Acquired 199896.2%1,281,227Nordstrom, Macy's (8), JCPenney, Life Time (6)
8.Briarwood MallMIAnn ArborFee50.0% (4)Acquired 200792.4%978,329Macy's, JCPenney, Von Maur, Hilton Garden Inn (15), Towne Place Suites by Marriott (15)
9.Brickell City Centre (1)FLMiamiFee25.0% (4)Built 201686.9%476,600Saks Fifth Avenue, Cinemex, EAST Miami Hotel (15)
10.Broadway SquareTXTylerFee100.0%Acquired 199499.0%608,739Dillard's, JCPenney, Dick's Sporting Goods, HomeGoods, Party City
11.Burlington MallMABurlington (Boston)Fee and Ground Lease (2026) (7)100.0%Acquired 199891.7%1,254,267Macy's, Nordstrom, Crate & Barrel, Primark, Arhaus Furniture
12.Cape Cod MallMAHyannisFee and Ground Leases (2029-2073) (7)56.4% (4)Acquired 199990.8%712,338Macy's (8), Best Buy, Marshalls, Barnes & Noble, Regal Cinema, Target, Dick's Sporting Goods, Planet Fitness
13.Castleton SquareINIndianapolisFee100.0%Built 197294.3%1,381,091Macy's, Von Maur, JCPenney, Dick's Sporting Goods, AMC Theatres
14.Cielo Vista MallTXEl PasoFee and Ground Lease (2027) (7)100.0%Built 197499.4%1,245,051Macy's, Dillard's (8), JCPenney, Sears, Cinemark Theatres
15.Coconut PointFLEsteroFee50.0% (4)Built 200691.8%1,204,908Dillard's, Barnes & Noble (10), Best Buy, DSW, Office Max, PetSmart, Ross, T.J. Maxx, Super Target, Michael's, Total Wine & More, JoAnn Fabrics, CTS, Home Centric, PGA Superstore (6), Hyatt Place Coconut Point (15), TownePlace Suites by Marriott (15)
16.College MallINBloomingtonFee and Ground Lease (2048) (7)100.0%Built 196581.6%610,168Target, Dick's Sporting Goods, Bed Bath & Beyond (13), Fresh Thyme
17.Columbia CenterWAKennewickFee100.0%Acquired 198793.9%763,262Macy's (8), JCPenney, Barnes & Noble, DSW, Home Goods, Dick's Sporting Goods, JoAnn Fabrics (6)
18.Copley PlaceMABostonFee94.4% (11)Acquired 200290.7%1,263,516Neiman Marcus, Saks Fifth Avenue Men's, Boston Marriott Copley Place (15), The Westin Copley Place (15)
19.Coral SquareFLCoral Springs (Miami)Fee97.2%Built 198496.1%944,160Macy's (8), JCPenney, Kohl's
20.Cordova MallFLPensacolaFee100.0%Acquired 199898.2%926,223Dillard's, Belk, Best Buy, Bed Bath & Beyond, Cost Plus World Market, Ross, Dick's Sporting Goods
21.Dadeland MallFLMiamiFee50.0% (4)Acquired 199799.7%1,511,826Saks Fifth Avenue, Macy's (8), JCPenney, AC Hotel by Marriott
22.Del Amo Fashion CenterCATorrance (Los Angeles)Fee50.0% (4)Acquired 200795.7%2,524,077Nordstrom, Macy's (8), JCPenney, Marshalls, Barnes & Noble, JoAnn Fabrics, AMC Theatres, Dick's Sporting Goods, Dave & Buster's, Mitsuwa Marketplace
23.Domain, TheTXAustinFee100.0%Built 200693.8%1,234,447Neiman 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 MallSDSioux FallsFee and Ground Lease (2033) (7)100.0%Acquired 199891.4%1,169,321Macy's, JCPenney, Hy-Vee, Dick's Sporting Goods, Dillard's (6)
25.Falls, TheFLMiamiFee50.0% (4)Acquired 200798.2%711,653Macy's, Regal Cinema, The Fresh Market, LifeTime Athletic (6)
26.Fashion Centre at Pentagon City, TheVAArlington (Washington, DC)Fee42.5% (4)Built 198995.3%1,037,375Nordstrom, Macy's, The Ritz-Carlton (15)
27.Fashion Mall at Keystone, TheINIndianapolisFee and Ground Lease (2067) (7)100.0%Acquired 199797.9%715,809Saks Fifth Avenue, Crate & Barrel, Nordstrom, Keystone Art Cinema, Sheraton (15)

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties

​​​​​​​​​​​​​​​​​​
​​​​​​​Ownership Interest​​​Year Built​​​​​​
​​​​​​​(Expiration if​Legal​or​​​​​​
​Property NameStateCity (CBSA)Lease) (3)OwnershipAcquiredOccupancy (5)Total GLASelected Larger Retailers and Uses
28.Fashion ValleyCASan DiegoFee50.0% (4)Acquired 200196.7%1,728,327Neiman Marcus, Bloomingdale's, Nordstrom, Macy's, JCPenney, AMC Theatres, Forever 21, The Container Store
29.Firewheel Town CenterTXGarland (Dallas)Fee100.0%Built 200592.8%996,231Dillard's, Macy's, Barnes & Noble, DSW, AMC Theatres, Dick's Sporting Goods, Kids Empire/Hapik, Fairfield Inn by Marriott (14), (16)
30.Florida Mall, TheFLOrlandoFee50.0% (4)Built 198696.2%1,727,028Macy's, Dillard's, JCPenney, Sears, H&M, Zara, American Girl, Dick's Sporting Goods, Crayola Experience, Primark (6), The Florida Hotel and Conference Center (15)
31.Forum Shops at Caesars Palace, TheNVLas VegasGround Lease (2050)100.0%Built 199298.6%677,346Caesars Palace Las Vegas Hotel and Casino (15)
32.Galleria, TheTXHoustonFee50.4% (4)Acquired 200294.7%2,011,293Saks Fifth Avenue, Neiman Marcus, Nordstrom, Macy's, The Westin Galleria (15), The Westin Oaks (15), Life Time Tennis
33.Greenwood Park MallINGreenwood (Indianapolis)Fee100.0%Acquired 197997.7%1,286,781Macy's, Von Maur, JCPenney, Dick's Sporting Goods, Barnes & Noble, Regal Cinema, Dave & Buster's
34.Haywood MallSCGreenvilleFee and Ground Lease (2067) (7)100.0%Acquired 199897.1%1,237,364Macy's, Dillard's, JCPenney, Belk
35.King of PrussiaPAKing of Prussia (Philadelphia)Fee100.0%Acquired 200397.1%2,719,095Neiman Marcus, Bloomingdale's, Nordstrom, Macy's, Arhaus Furniture, Dick's Sporting Goods, Primark
36.La Plaza MallTXMcAllenFee and Ground Lease (2040) (7)100.0%Built 197698.5%1,314,054Macy's (8), Dillard's, JCPenney, Wingate by Wyndham (15)
37.Lakeline MallTXCedar Park (Austin)Fee100.0%Built 199595.5%1,098,861Dillard's (8), Macy's, JCPenney, AMC Theatres
38.Lehigh Valley MallPAWhitehallFee50.0% (4)Acquired 200395.0%1,196,432Macy's, JCPenney, Boscov's, Barnes & Noble, Michael's, Dave & Buster's
39.Lenox SquareGAAtlantaFee100.0%Acquired 199897.9%1,549,775Neiman Marcus, Bloomingdale's, Macy's, JW Marriott (15), Hyatt Centric (14)
40.Mall at Rockingham Park, TheNHSalem (Boston)Fee28.2% (4)Acquired 199995.2%1,064,794JCPenney, Macy's, Dick's Sporting Goods, Cinemark Theatre
41.Mall of GeorgiaGABuford (Atlanta)Fee100.0%Built 199996.2%1,840,255Dillard's, Macy's, JCPenney, Belk, Dick's Sporting Goods, Barnes & Noble, Havertys Furniture, Regal Cinema, Von Maur
42.Mall of New Hampshire, TheNHManchesterFee and Ground Lease (2024-2027) (7)56.4% (4)Acquired 199996.6%803,868Macy's, JCPenney, Best Buy, Dick's Sporting Goods, Dave & Buster's
43.McCain MallARN. Little RockFee100.0%Built 197395.3%796,306Dillard's, JCPenney, Regal Cinema
44.Meadowood MallNVRenoFee50.0% (4)Acquired 200798.7%929,119Macy's (8), JCPenney, Dick's Sporting Goods, Crunch Fitness, Round 1
45.Menlo Park MallNJEdison (New York)Fee100.0%Acquired 199796.3%1,305,037Nordstrom, Macy's, Barnes & Noble, AMC Dine-In Theatre
46.Miami International MallFLMiamiFee47.8% (4)Built 1982100.0%1,081,644Macy's (8), JCPenney, Kohl's
47.Midland Park MallTXMidlandFee100.0%Built 198099.2%643,845Dillard's (8), JCPenney, Ross, Dick's Sporting Goods
48.Miller Hill MallMNDuluthFee100.0%Built 197393.8%829,541JCPenney, Barnes & Noble, DSW, Dick's Sporting Goods, Essentia Health West, Essentia Health East
49.North East MallTXHurst (Dallas)Fee100.0%Built 197197.2%1,645,005Dillard's, Macy's, JCPenney, Dick's Sporting Goods, Cinemark Theatres
50.Northshore MallMAPeabody (Boston)Fee56.4% (4)Acquired 199991.2%1,528,889JCPenney, Nordstrom, Macy's (8), Barnes & Noble, Shaw's Grocery, The Container Store, Tesla Sales and Service, Life Time Athletic, L.L. Bean (6), Arhaus Furniture (6)
51.Ocean County MallNJToms River (New York)Fee100.0%Acquired 199892.9%886,584Macy's, Boscov's, JCPenney, LA Fitness, HomeSense, Ulta
52.Orland SquareILOrland Park (Chicago)Fee100.0%Acquired 199799.0%1,231,104Macy's, JCPenney, Dave & Buster's, Von Maur
53.Oxford Valley MallPALanghorne (Philadelphia)Fee85.5%Acquired 200380.0%1,174,100​Macy's, JCPenney, United Artists Theatre
54.Penn Square MallOKOklahoma CityGround Lease (2060)94.5%Acquired 200294.6%1,083,693Macy's, Dillard's (8), JCPenney, AMC Theatres, The Container Store
55.Pheasant Lane MallNHNashua-—% (12)Acquired 200295.7%979,595JCPenney, Target, Macy's, Dick's Sporting Goods
56.Phipps PlazaGAAtlantaFee100.0%Acquired 199894.1%908,090Saks Fifth Avenue, Nordstrom, AMC Theatres, Arhaus Furniture, Legoland Discovery Center, AC Hotel by Marriott, Life Time Athletic, Life Time Work, Nobu Hotel and Restaurant, (16)

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties

​​​​​​​​​​​​​​​​​​
​​​​​​​Ownership Interest​​​Year Built​​​​​​
​​​​​​​(Expiration if​Legal​or​​​​​​
​Property NameStateCity (CBSA)Lease) (3)OwnershipAcquiredOccupancy (5)Total GLASelected Larger Retailers and Uses
57.Plaza CarolinaPRCarolina (San Juan)Fee100.0%Acquired 200488.0%1,156,323​JCPenney, Tiendas Capri, Econo, T.J. Maxx, Caribbean Cinemas, Burlington
58.Prien Lake MallLALake CharlesFee and Ground Lease (2040) (7)100.0%Built 197284.6%719,289Dillard's, JCPenney, Cinemark Theatres, Kohl's, Dick's Sporting Goods, T.J. Maxx/HomeGoods
59.Quaker Bridge MallNJLawrencevilleFee50.0% (4)Acquired 200392.2%1,081,213Macy's, JCPenney
60.Rockaway TownsquareNJRockaway (New York)Fee100.0%Acquired 199896.5%1,245,980Macy's, JCPenney, Raymour & Flanigan
61.Roosevelt FieldNYGarden City (New York)Fee and Ground Lease (2090) (7)100.0%Acquired 199895.3%2,339,241Bloomingdale's, Nordstrom, Macy's, JCPenney, Dick's Sporting Goods, AMC Entertainment, XSport Fitness, Neiman Marcus, Primark, Residence Inn by Marriott
62.Ross Park MallPAPittsburghFee100.0%Built 198699.2%1,059,831JCPenney, Nordstrom, L.L. Bean, Macy's (8), Crate & Barrel, Dick's House of Sport (6)
63.Santa Rosa PlazaCASanta RosaFee100.0%Acquired 199895.4%693,275Macy's, Forever 21
64.Shops at Chestnut Hill, TheMAChestnut Hill (Boston)Fee94.4%Acquired 200299.4%470,062Bloomingdale's (8)
65.Shops at Clearfork, TheTXFort WorthFee45.0% (4)Built 201796.6%546,734Neiman Marcus, Arhaus Furniture, AMC Theatres, Pinstripes, (16)
66.Shops at Crystals, TheNVLas VegasFee50.0% (4)Acquired 201690.1%270,321Aria Resort and Casino (15)
67.Shops at Mission Viejo, TheCAMission Viejo (Los Angeles)Fee51.0% (4)Built 197996.6%1,235,937Nordstrom, Macy's (8), Dick's Sporting Goods
68.Shops at Nanuet, TheNYNanuetFee100.0%Redeveloped 201380.2%757,953Regal Cinema, 24 Hour Fitness, At Home, Stop & Shop
69.Shops at Riverside, TheNJHackensack (New York)Fee100.0%Acquired 200794.1%726,571Bloomingdale's, Barnes & Noble, Arhaus Furniture, AMC Theatres, Life Time Studio
70.Smith Haven MallNYLake Grove (New York)Fee25.0% (4) (2)Acquired 199596.3%1,249,956Macy's (8), Dick's Sporting Goods, Barnes & Noble, L.L. Bean, Primark (6), Stony Brook Medical (6)
71.South Hills VillagePAPittsburghFee100.0%Acquired 199795.3%1,128,032Macy's (8), Barnes & Noble, AMC Cinemas, Dick's Sporting Goods, Target, DSW, Ulta, Von Maur (6)
72.South Shore PlazaMABraintree (Boston)Fee100.0%Acquired 199893.5%1,590,682Macy's, Sears, Nordstrom, Target, Primark
73.Southdale CenterMNEdina (Minneapolis)Fee100.0%Acquired 200789.1%1,102,671Macy's, AMC Theatres, Dave & Buster's, RH Minneapolis, Life Time Athletic, Life Time Work/Sport, Kowalski's Grocery (6), Homewood Suites by Hilton, (16)
74.SouthParkNCCharlotteFee and Ground Lease (2040) (9)100.0%Acquired 200297.4%1,688,401Neiman Marcus, Nordstrom, Macy's, Dillard's, Belk, Dick's Sporting Goods, Crate & Barrel, The Container Store, (16)
75.Springfield Mall (1)PASpringfield (Philadelphia)Fee50.0% (4)Acquired 200595.5%610,135Macy's, Target
76.St. Charles Towne CenterMDWaldorf (Washington, DC)Fee100.0%Built 199084.8%980,164Macy's (8), JCPenney, Kohl's, Dick Sporting Goods, AMC Theatres
77.St. Johns Town CenterFLJacksonvilleFee50.0% (4)Built 200596.4%1,456,609Nordstrom, Dillard's, Arhaus Furniture, Dick's Sporting Goods, Barnes & Noble, RH Jacksonville, Homewood Suites by Hilton (15), AC Hotel by Marriott (6)
​​​​​​​​​​​​​​​​Target, Ashley Furniture Home Store, Ross, DSW, JoAnn Fabrics, PetsMart, Marshalls
78.Stanford Shopping CenterCAPalo Alto (San Jose)Ground Lease (2064)94.4% (11)Acquired 200397.7%1,291,362Neiman Marcus, Bloomingdale's, Nordstrom, Macy's, Crate and Barrel, The Container Store, RH Palo Alto (6)
79.Stoneridge Shopping CenterCAPleasanton (San Francisco)Fee49.9% (4)Acquired 200794.5%1,299,747Macy's (8), JCPenney, Arhaus Furniture (6)
80.Summit MallOHAkronFee100.0%Built 196592.1%773,839Dillard's (8), Macy's, Arhaus Furniture
81.Tacoma MallWATacoma (Seattle)Fee100.0%Acquired 198793.7%1,245,167Nordstrom, Macy's, JCPenney, Dick's Sporting Goods, Nordstrom Rack, Total Wine and More, Ulta, Kohl's
82.Tippecanoe MallINLafayetteFee100.0%Built 197384.4%864,755Macy's, JCPenney, Kohl's, Dick's Sporting Goods, Malibu Jack's
83.Town Center at Boca RatonFLBoca Raton (Miami)Fee100.0%Acquired 199897.2%1,779,508Saks Fifth Avenue, Neiman Marcus, Bloomingdale's, Nordstrom, Macy's, Crate & Barrel, The Container Store, Joseph's Classic Market, Arhaus Furniture
84.Towne East SquareKSWichitaFee100.0%Built 197599.8%1,157,209Dillard's, Von Maur, JCPenney, Round 1, Scheels (6)

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties

​​​​​​​​​​​​​​​​​​
​​​​​​​Ownership Interest​​​Year Built​​​​​​
​​​​​​​(Expiration if​Legal​or​​​​​​
​Property NameStateCity (CBSA)Lease) (3)OwnershipAcquiredOccupancy (5)Total GLASelected Larger Retailers and Uses
85.Treasure Coast SquareFLJensen BeachFee100.0%Built 198790.2%875,148Macy's, Dillard's, JCPenney, Regal Cinema
86.Tyrone SquareFLSt. Petersburg (Tampa)Fee100.0%Built 197291.3%961,189Macy's, Dillard's, JCPenney, DSW, Cobb 10 Luxury Theatres, Dick's Sporting Goods, Hitchcock's Green Market, PetSmart
87.University Park MallINMishawakaFee100.0%Built 197992.6%918,823Macy's, JCPenney, Barnes & Noble
88.Walt Whitman ShopsNYHuntington Station (New York)Fee and Ground Lease (2052) (7)100.0%Acquired 199892.9%1,084,200Saks Fifth Avenue, Bloomingdale’s, Macy’s
89.West Town MallTNKnoxvilleFee and Ground Lease (2042)50.0% (4)Acquired 199197.6%1,282,228Belk (8), Dillard’s, JCPenney, Regal Cinebarre Theatre, Dick's House of Sport, Tesla Sales and Service
90.Westchester, TheNYWhite Plains (New York)Fee40.0% (4)Acquired 199793.2%805,026Neiman Marcus, Nordstrom, Crate and Barrel, Arhaus Furniture
91.White Oaks MallILSpringfieldFee80.7%Built 197771.4%942,837Macy's, Dick's Sporting Goods, LA Fitness, Michael's, State of Illinois Department of Central Management Services (6)
92.Wolfchase GalleriaTNMemphisFee94.5%Acquired 200298.6%1,151,438Macy's, Dillard's, JCPenney, Malco Theatres, Courtyard by Marriott (14)
93.Woodfield MallILSchaumburg (Chicago)Fee50.0% (4)Acquired 201294.7%2,153,078Nordstrom, Macy's, JCPenney, Enterrium, Peppa Pig World of Play
94.Woodland Hills MallOKTulsaFee94.5%Acquired 200297.8%1,236,902Macy's, Dillard's, JCPenney, Scheel's (6), Holiday Inn Express (15), Courtyard by Marriott (15)
​Total Mall GLA​​​​​​​​​​​​​107,200,443(18)​

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Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties

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​​​​​​​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​87.8%328,432​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​99.3%548,443​Adidas, Armani Outlet, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, 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​85.1%271,249​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​89.0%593,698​Adidas, Calvin Klein, Coach, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Pottery Barn/Williams-Sonoma Outlet, Tommy Hilfiger, The North Face, Under Armour
5.Camarillo Premium Outlets​CA​Camarillo (Los Angeles)​Fee​100.0%Acquired 2004​98.7%691,550​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​99.0%288,926​Adidas, Calvin Klein, Coach, 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​96.3%438,730​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​98.0%398,353​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​98.4%687,157​Adidas, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, J.Crew, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, RH Outlet, Saks Fifth Avenue Off 5th, Under Armour
10.Cincinnati Premium Outlets​OH​Monroe (Cincinnati)​Fee​100.0%Built 2009​98.4%398,957​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​89.3%390,120​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 Premium OutletsCTClintonFee100.0%Acquired 2004100.0%276,225Adidas, 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 OutletsCOThornton (Denver)Fee100.0%Built 2018100.0%328,101Adidas, 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 OutletsCACabazon (Palm Springs)Fee100.0%Acquired 200499.8%652,137Alexander McQueen, Armani Outlet, Balenciaga, Bottega Veneta, 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 OutletsFLEllenton (Tampa)Fee100.0%Acquired 201098.4%477,162Adidas, 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 OutletsCAFolsom (Sacramento)Fee100.0%Acquired 200487.6%298,038Adidas, Banana Republic, Calvin Klein, Coach, Gap Outlet, Kate Spade New York, Michael Kors, Nike, 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
17.Gilroy Premium OutletsCAGilroy (San Jose)Fee100.0%Acquired 200485.1%578,505Adidas, Calvin Klein, Coach, Columbia Sportswear, J.Crew, Kate Spade New York, Lululemon, Michael Kors, Nike, Polo Ralph Lauren, The North Face, Tommy Hilfiger
18.Gloucester Premium OutletsNJBlackwood (Philadelphia)Fee66.7%Built 201590.4%378,508Adidas, 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 OutletsTXGrand Prairie (Dallas)Fee100.0%Built 201298.9%423,684Banana 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 OutletsPAGrove City (Pittsburgh)Fee100.0%Acquired 201082.9%531,059Adidas, 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 OutletsMSGulfportGround Lease (2059)100.0%Acquired 201091.4%300,179Banana 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 OutletsMDHagerstown (Baltimore/Washington, DC)Fee100.0%Acquired 201056.1%485,633Adidas, American Eagle Outfitters, Brooks Brothers, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, Guess, Kate Spade New York, Loft Outlet, The North Face, Under Armour
23.Houston Premium OutletsTXCypress (Houston)Fee100.0%Built 200899.8%548,219Ann 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 OutletsINEdinburgh (Indianapolis)Fee100.0%Acquired 200491.1%378,015Adidas, 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 OutletsNJJackson (New York)Fee100.0%Acquired 200495.9%285,595Adidas, American Eagle Outfitters, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, J.Crew, Loft Outlet, Kate Spade New York, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour
26.Jersey Shore Premium OutletsNJTinton Falls (New York)Fee100.0%Built 2008100.0%434,491Adidas, Ann Taylor, Banana Republic, 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, Vineyard Vines
27.Johnson Creek Premium OutletsWIJohnson CreekFee100.0%Acquired 200487.6%277,663Adidas, Banana Republic, Calvin Klein, Gap Outlet, Loft Outlet, Nike, Polo Ralph Lauren, Tommy Hilfiger, Under Armour
28.Kittery Premium OutletsMEKitteryFee and Ground Lease (2049) (7)100.0%Acquired 200486.2%259,480Adidas, 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, Tommy Hilfiger, Tumi
29.Las Americas Premium OutletsCASan DiegoFee100.0%Acquired 200799.3%554,300Adidas, 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 OutletsNVLas VegasFee100.0%Built 200398.2%676,270All 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

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
31.Las Vegas South Premium OutletsNVLas VegasFee100.0%Acquired 200498.9%535,765Adidas, 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 OutletsMALeeFee100.0%Acquired 201095.3%224,717Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, J.Crew, Kate Spade New York, Levi's, Loft Outlet, Michael Kors, Polo Ralph Lauren, Skechers, Tommy Hilfiger, Under Armour
33.Leesburg Premium OutletsVALeesburg (Washington, DC)Fee100.0%Acquired 2004100.0%478,218Adidas, Ann Taylor, Armani Outlet, A/X Armani Exchange, Brooks Brothers, Burberry, Coach, Columbia Sportswear, J.Crew, Kate Spade New York, Marc Jacobs, Michael Kors, Nike, Polo Ralph Lauren, RH Outlet, Salvatore Ferragamo, Tory Burch, Under Armour, Vineyard Vines, Williams-Sonoma
34.Lighthouse Place Premium OutletsINMichigan City (Chicago, IL)Fee100.0%Acquired 200488.1%454,790Adidas, 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 OutletsNHMerrimackFee100.0%Built 201298.7%408,896Ann Taylor, Banana Republic, Barbour, Bloomingdale's The Outlet Store, Brooks Brothers, Calvin Klein, Coach, J.Crew, Kate Spade New York, Marc Jacobs, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Tommy Hilfiger, Tory Burch, Under Armour, Vineyard Vines
36.Napa Premium OutletsCANapaFee100.0%Acquired 200494.4%179,427Adidas, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, J.Crew, Michael Kors, Nike, Polo Ralph Lauren, Tommy Hilfiger
37.Norfolk Premium OutletsVANorfolkFee65.0% (4)Built 201790.6%332,284A/X Armani Exchange, Banana Republic, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, H&M, Kate Spade New York, Michael Kors, Nike, Polo Ralph Lauren, Puma, The North Face, Tommy Hilfiger, Tory Burch, Under Armour
38.North Bend Premium OutletsWANorth Bend (Seattle)Fee100.0%Acquired 200477.6%189,132Banana Republic, Coach, Gap Outlet, Levi's, Kate Spade New York, Michael Kors, Nike, Skechers, Under Armour
39.North Georgia Premium OutletsGADawsonville (Atlanta)Fee100.0%Acquired 200494.7%540,753Ann 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 OutletsFLOrlandoFee100.0%Acquired 201099.0%774,225Adidas, Armani Outlet, Calvin Klein, Carhartt, Coach, Columbia Sportswear, H&M, J.Crew, Karl Lagerfeld, Kate Spade New York, Marc Jacobs, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, St. John, The North Face, Tommy Hilfiger, Tory Burch, Under Armour
41.Orlando Vineland Premium OutletsFLOrlandoFee100.0%Acquired 200498.6%657,586Adidas, All Saints, Armani Outlet, Bally, Bottega Veneta, Brunello Cucinelli, Burberry, Calvin Klein, Carolina Herrera, Coach, Ermenegildo Zegna, Jimmy Choo, Kate Spade New York, Lacoste, Lululemon, Michael Kors, Nike, Prada, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, TAG Heuer, The North Face, Tod's, Tommy Hilfiger, Tory Burch, Under Armour, Versace
42.Petaluma Village Premium OutletsCAPetaluma (San Francisco)Fee100.0%Acquired 200492.8%201,656Adidas, Banana Republic, Brooks Brothers, Coach, Gap Outlet, Kate Spade New York, Michael Kors, Nike, Saks Fifth Avenue Off 5th, Tommy Hilfiger
43.Philadelphia Premium OutletsPALimerick (Philadelphia)Fee100.0%Built 200796.8%549,155Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, Guess, H&M, J.Crew, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, RH Outlet, The North Face, Tommy Hilfiger, Tory Burch, 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
44.Phoenix Premium OutletsAZChandler (Phoenix)Ground Lease (2077)100.0%Built 201394.6%356,508Adidas, 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 OutletsCAPismo BeachFee100.0%Acquired 201092.2%147,603Calvin Klein, Coach, Guess, Kate Spade New York, Levi's, Nike, Polo Ralph Lauren, Skechers, Tommy Hilfiger
46.Pleasant Prairie Premium OutletsWIPleasant Prairie (Chicago, IL/Milwaukee)Fee100.0%Acquired 201090.9%402,410Adidas, 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 OutletsPRBarcelonetaFee100.0%Acquired 201096.8%353,161Adidas, Calvin Klein, Coach, Gap Outlet, Invicta, Lacoste, Michael Kors, Nike, Polo Ralph Lauren, Puma, Tommy Hilfiger
48.Queenstown Premium OutletsMDQueenstown (Baltimore)Fee100.0%Acquired 201090.6%289,421Adidas, 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 OutletsTXMercedes (McAllen)Fee100.0%Built 200688.6%603,929Adidas, 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 OutletsTXRound Rock (Austin)Fee100.0%Built 200699.2%498,409Adidas, 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, Embassy Suites (15), (16)
51.San Francisco Premium OutletsCALivermore (San Francisco)Fee and Ground Lease (2026) (9)100.0%Built 201297.1%697,167All Saints, Arc'teryx, 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 OutletsTXSan Marcos (Austin/San Antonio)Fee100.0%Acquired 201097.5%738,456Armani Outlet, Banana Republic, Burberry, CH Carolina Herrera, 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, RH Outlet, Saint Laurent Paris, Salvatore Ferragamo, Stuart Weitzman, The North Face, Tommy Bahama, Tory Burch, Versace, Vineyard Vines
53.Seattle Premium OutletsWATulalip (Seattle)Ground Lease (2079)100.0%Built 200597.4%554,515Adidas, 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, Stuart Weitzman, The North Face, Tommy Bahama, Tommy Hilfiger, Tory Burch, Under Armour
54.Silver Sands Premium OutletsFLDestinFee50.0% (4)Acquired 201289.0%450,989Adidas, 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 OutletsFLSt. Augustine (Jacksonville)Fee100.0%Acquired 2004100.0%327,713Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Columbia Sportswear, Gap Outlet, J.Crew, Kate Spade New York, Lucky Brand, Nike, Polo Ralph Lauren, Puma, St. John, Tommy Hilfiger, Under Armour
56.St. Louis Premium OutletsMOSt. Louis (Chesterfield)Fee60.0% (4)Built 201396.6%351,174Adidas, Ann Taylor, Brooks Brothers, Coach, Gap Outlet, H&M, J. Crew, Kate Spade New York, Levi's, Michael Kors, Nike, Polo Ralph Lauren, Puma, Tommy Hilfiger, Ugg, Under Armour, Vera Bradley

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
57.Tampa Premium OutletsFLLutz (Tampa)Fee100.0%Built 2015100.0%459,837Adidas, 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, Marc Jacobs, Michael Kors, Nike, Polo Ralph Lauren, Puma, Saks 5th Avenue Off 5th, Tommy Hilfiger, Tumi, Under Armour
58.Tanger Outlets - Columbus (1)OHSunbury (Columbus)Fee50.0% (4)Built 201698.7%355,243Banana Republic, Brooks Brothers, Coach, Kate Spade New York, Nike, Polo Ralph Lauren, Under Armour
59.Tanger Outlets - Galveston/Houston (1)TXTexas CityFee50.0% (4)Built 201289.4%352,706Banana Republic, Brooks Brothers, Coach, Gap Outlet, Kate Spade New York, Michael Kors, Nike, Tommy Hilfiger
60.The Crossings Premium OutletsPATannersvilleFee and Ground Lease (2029) (7)100.0%Acquired 200497.2%411,909Adidas, Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Johnny Rockets, Kate Spade New York, Loft Outlet, Michael Kors, Nike, Polo Ralph Lauren, The North Face, Tommy Hilfiger, Under Armour, Vera Bradley
61.Tucson Premium OutletsAZMarana (Tucson)Fee100.0%Built 201581.9%363,470Adidas, Banana Republic, Brooks Brothers, Calvin Klein, Coach, Gap Outlet, 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 OutletsMNEaganFee35.0% (4)Built 201491.9%408,985Adidas, 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 OutletsCAVacavilleFee100.0%Acquired 200496.7%447,309Adidas, 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 OutletsHIWaipahu (Honolulu)Fee100.0%Acquired 200494.0%219,475Adidas, 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 OutletsNYWaterlooFee100.0%Acquired 200477.0%421,862American Eagle Outfitters, Banana Republic, Brooks Brothers, Calvin Klein, Chico’s, Coach, Columbia Sportswear, 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 OutletsVAWilliamsburgFee100.0%Acquired 201095.7%518,979Adidas, 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 OutletsORWoodburn (Portland)Fee100.0%Acquired 201396.5%389,491Adidas, Ann Taylor, Banana Republic, Calvin Klein, Coach, Gap Outlet, Levi's, Michael Kors, Nike, The North Face, Polo Ralph Lauren, Tommy Hilfiger, Tory Burch, Under Armour
68.Woodbury Common Premium OutletsNYCentral Valley (New York)Fee100.0%Acquired 200498.7%913,889Arc'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

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties

​​​​​​​​​​​​​​​​​​
​​​​​​​Ownership Interest​​​Year Built​​​​​​
​​​​​​​(Expiration if​Legal​Or​​​​​​
​Property Name​State​City (CBSA)​Lease) (3)​Ownership​Acquired​Occupancy (5)​Total GLA​Selected Tenants
69.Wrentham Village Premium OutletsMAWrentham (Boston)Fee100.0%Acquired 200498.5%672,864Adidas, 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, RH Outlet, Saks Fifth Avenue Off 5th, Salvatore Ferragamo, Theory, Tommy Hilfiger, Tory Burch, Under Armour, Vineyard Vines
​Total U.S. Premium Outlets GLA​​​​​​​​​​​​​30,412,957​​

​

Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties

​​​​​​​​​​​​​​​​​​
​​​​​​​Ownership Interest​​​Year Built​​​​​​
​​​​​​​(Expiration if​Legal​or​​​​​​
​Property NameStateCity (CBSA)Lease) (3)OwnershipAcquiredOccupancy (5)Total GLASelected Tenants
​The Mills​​​​​​​​​​​​​​​​
1.Arizona MillsAZTempe (Phoenix)Fee100.0%Acquired 200790.9%1,223,939Marshalls, Burlington, Ross, Harkins Cinemas & IMAX, Sea Life Center, Conn's, Legoland, Forever 21, dd's Discounts, Going, Going, Gone by Dick's Sporting Goods, Rainforest Café
2.Arundel MillsMDHanover (Baltimore)Fee59.3% (4)Acquired 2007100.0%1,939,318Bass Pro Shops Outdoor World, Burlington, Dave & Buster's, Medieval Times, Saks Fifth Avenue Off 5th, Off Broadway Shoe Warehouse, T.J. Maxx, Cinemark Egyptian 24 Theatres, Live! Casino Hotel, Forever 21, Ulta, Sun & Ski, Primark (6)
3.Colorado MillsCOLakewood (Denver)Fee37.5% (4)Acquired 200796.7%1,365,197Forever 21, Off Broadway Shoe Warehouse, Super Target, United Artists Theatre, Burlington, H&M, Dick's Sporting Goods, Rodz & Bodz Museum Movie Cars & More, Slick City Action Park, 2nd & Charles, Springhill Suites (15)
4.Concord MillsNCConcord (Charlotte)Fee59.3% (4)Acquired 200799.2%1,366,722Bass 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, Alex Baby & Toy, Primark (6)
5.Grapevine MillsTXGrapevine (Dallas)Fee59.3% (4)Acquired 200799.4%1,781,508Burlington, 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, Meow Wolf (6), Macy's Backstage, Springhill Suites (15), Hyatt Place (15), Hawthorn (15)
6.Great MallCAMilpitas (San Jose)Fee and Ground Lease (2049) (7)100.0%Acquired 200799.7%1,368,378Camille La Vie, Kohl's, Dave & Buster's, Burlington, Marshalls, Saks Fifth Avenue Off 5th, Nike Factory Store, Century Theatres, Dick's Sporting Goods, Legoland Discovery Center
7.Gurnee MillsILGurnee (Chicago)Fee100.0%Acquired 200795.2%1,807,323Bass Pro Shops Outdoor World, 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, 2nd & Charles, Hobby Lobby
8.Katy MillsTXKaty (Houston)Fee62.5% (4) (2)Acquired 200799.1%1,773,261Bass 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, Slick City (6)
9.Mills at Jersey Gardens, TheNJElizabethFee100.0%Acquired 201599.9%1,304,792Burlington, Cohoes, Forever 21, AMC Theatres, Marshalls, Nike Factory Store, Saks 5th Avenue Off 5th, H&M, Tommy Hilfiger, Bloomingdale's Outlet, Potterty Barn Outlet, Primark (6), Residence Inn (15), Courtyard by Marriott (15), Embassy Suites (15), Country Inn & Suites (15)
10.Ontario MillsCAOntario (Riverside)Fee50.0% (4)Acquired 2007100.0%1,421,635Burlington, 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, Nitori, Pottery Barn + West Elm Outlet
11.Opry MillsTNNashvilleFee100.0%Acquired 200797.0%1,174,650Regal Cinema & IMAX, Dave & Buster's, Sun & Ski, Bass Pro Shops Outdoor World, Forever 21, H&M, Madame Tussauds, TJ Maxx (6), Rainforest Café, Aquarium Restaurant
12.Outlets at Orange, TheCAOrange (Los Angeles)Fee100.0%Acquired 200799.3%867,114Dave & Buster’s, 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 MillsVAWoodbridge (Washington, DC)Fee100.0%Acquired 200799.0%1,555,729Marshalls, 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 MillsFLSunrise (Miami)Fee100.0%Acquired 200797.9%2,361,359Bed Bath & Beyond (13), 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, HomeSense (6), AC Hotel by Marriott
​Total Mills Properties GLA​​​​​​​​​​​​​21,310,925​​

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Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties

​

​​​​​​​​​​​​​​​​​​
​​​​​​​Ownership Interest​​​Year Built​​​​​​
​​​​​​​(Expiration if​Legal​or​​​​​​
​Property NameStateCity (CBSA)Lease) (3)OwnershipAcquiredOccupancy (5)Total GLASelected Tenants
​Lifestyle Centers​​​​​​​​​​​​​​​​
1.ABQ UptownNMAlbuquerqueFee100.0%Acquired 2011100.0%228,591Anthropologie, Apple, Pottery Barn
2.Hamilton Town CenterINNoblesville (Indianapolis)Fee50.0% (4)Built 200899.1%675,683JCPenney, Dick's Sporting Goods, Bed Bath & Beyond (13), DSW, Emagine Noblesville, Total Wine & More, BJ's Wholesale, Big Blue Swim School (6)
3.Liberty Tree MallMADanvers (Boston)Fee49.1% (4)Acquired 199985.3%862,079Marshalls, Target, Kohl's, Best Buy, Staples, AMC Theatres, Nordstrom Rack, Off Broadway Shoes, Sky Zone, Total Wine & More, Aldi
4.Northgate StationWASeattleFee100.0%Redeveloped 2021N/A(17)416,240(17)Kraken Community Iceplex, Barnes & Noble, Bed Bath & Beyond, Nordstrom Rack, Residence Inn by Marriott (6)
5.Pier ParkFLPanama City BeachFee65.6% (4)Built 200899.8%948,207Dillard's, JCPenney, Target, Grand Theatres, Ron Jon Surf Shop, Margaritaville, Marshalls, Dave & Buster's, Skywheel
6.University Park VillageTXFort WorthFee100.0%Acquired 2015100.0%171,065Anthropologie, Apple, Pottery Barn
​Total Lifestyle Centers GLA​​​​​​​​​​​​​3,301,865​​
​​​​​​​​​​​​​​​​​​
​​​​​​​​​​​​​​​​​​
​Other Properties​​​​​​​​​​​​​​​​
1 - 11.Other Properties​​​​​​​​​​​​7,614,268​
12 - 13.TMLP​​​​​​​​Acquired 2007​​2,782,708​
​Total Other GLA​​​​​​​​​​​​​10,396,976(18)​
​Total U.S. Properties GLA​​​​​​​​​​​​​172,623,166​​

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Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

U.S. Properties

​

​​​​​​​​​​​​​​​​​​
​​​​​​​Ownership Interest​​​Year Built​​​​​​
​​​​​​​(Expiration if​Legal​or​​​​​​
​Property NameStateCity (CBSA)Lease) (3)OwnershipAcquiredOccupancy (5)Total GLASelected Tenants
​Domestic Taubman​​​​​​​​​​​​​​​​
1.Beverly CenterCALos AngelesGround Lease (2054)80.0% (4)Acquired 202092.4%780,000Bloomingdale's, Macy's
2.Cherry Creek Shopping CenterCODenverGround Lease (2083)40.0% (4)Acquired 202097.3%1,038,000Macy's, Neiman Marcus, Nordstrom
3.City Creek CenterUTSalt Lake CityGround Lease (2082)80.0% (4)Acquired 202097.9%623,000Macy's, Nordstrom
4.Country Club PlazaMOKansas CityFee40.0% (4)Acquired 202080.9%971,000Barnes & Noble, Brio Italian, Banana Republic
5.Dolphin MallFLMiamiFee80.0% (4)Acquired 202099.8%1,436,000Bass Pro Shops, Cobb Theatres, Burlington, Dave & Busters
6.Fair Oaks MallVAFairfaxFee40.0% (4)Acquired 202094.4%1,560,000JC Penney, Macy's (8), Dicks Sporting Goods
7.Gardens Mall, TheFLPalm Beach GardensFee40.0% (4)Acquired 202096.0%1,383,000Bloomingdale's, Macy's, Nordstrom, Saks Fifth Avenue, Sears
8.Gardens on El Paseo, TheCAPalm DesertFee80.0% (4)Acquired 202099.4%237,000Saks Fifth Avenue
9.Great Lakes Crossing OutletsMIAuburn HillsFee80.0% (4)Acquired 202091.7%1,356,000AMC Theatre, Bass Pro Shops, Burlington, Round 1, Nordstrom Rack
10.International Market PlaceHIWaikiki (Honolulu)Ground Lease (2091)74.8% (4)Acquired 202091.8%341,000Anthropologie, Balenciaga, Burberry, StripSteak, Target (6)
11.International PlazaFLTampaGround Lease (2080)40.1% (4)Acquired 202097.8%1,177,000Dillard's, Neiman Marcus, Nordstrom, LifeTime Fitness
12.Mall at Green Hills, TheTNNashvilleFee80.0% (4)Acquired 202094.7%1,036,000Dillard's, Macy's, Nordstrom
13.Mall at Millenia, TheFLOrlandoFee40.0% (4)Acquired 202094.5%1,113,000Bloomingdale's, Macy's, Neiman Marcus
14.Mall at Short Hills, TheNJShort HillsFee80.0% (4)Acquired 202099.1%1,411,000Bloomingdale's, Macy's, Neiman Marcus, Nordstrom, Industrious
15.Mall at University Town Center, TheFLSarasotaFee40.0% (4)Acquired 202099.8%867,000Dillard's, Macy's, Saks Fifth Avenue
16.Mall of San Juan, ThePRSan JuanFee76.0% (4)Acquired 202093%628,000H&M, Zara, Pottery Barn, Urban Outfitters, Anthropologie
17.SunvalleyCAConcordGround Lease (2061)40.0% (4)Acquired 202098.5%1,324,000JC Penney, Macy's (8), Sears
18.Twelve Oaks MallMINoviFee80.0% (4)Acquired 202097.2%1,517,000JC Penney, Macy's, Nordstrom
19.Waterside ShopsFLNaplesFee40.0% (4)Acquired 202095.6%335,000Saks Fifth Avenue
20.WestfarmsCTWest HartfordFee63.2% (4)Acquired 202097.4%1,268,000JC Penney, Macy's (8), Nordstrom
​Total Domestic Taubman Properties GLA​​​​​​​​​​​​​20,401,000​​

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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.

​

​

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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, 2022. 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. BasePercentage of Gross​
​​Number of​​​Minimum Rent​Annual Rental​
YearLeases ExpiringSquare FeetPSF at 12/31/2022Revenues (2)​
Inline Stores and Freestanding​​​​​​​​​​
Month to Month Leases​1,197​4,600,332​$54.92​4.6%
2023​2,918​11,111,252​$57.89​10.6%
2024​3,031​11,779,091​$53.50​11.7%
2025​2,061​7,872,305​$59.78​8.7%
2026​1,576​6,060,873​$57.22​6.4%
2027​1,379​5,386,750​$59.97​5.9%
2028​908​4,539,211​$59.60​5.0%
2029​835​3,441,590​$66.15​4.1%
2030​505​2,459,172​$66.64​2.9%
2031​334​1,801,984​$56.17​1.8%
2032​395​1,474,071​$73.08​2.0%
2033 and Thereafter​546​2,272,878​$49.71​2.2%
Specialty Leasing Agreements w/ terms in excess of 12 months​2,457​6,581,230​$19.70​2.5%
Anchors​​​​​​​​​​
Month to Month Leases​1​138,409​$1.18​0.0%
2023​7​931,571​$4.49​0.1%
2024​13​1,159,278​$8.20​0.2%
2025​17​1,676,634​$6.70​0.2%
2026​16​1,702,455​$5.01​0.2%
2027​13​1,765,268​$5.19​0.2%
2028​15​1,801,202​$5.70​0.2%
2029​6​626,306​$5.35​0.1%
2030​7​754,336​$8.56​0.1%
2031​5​427,004​$12.18​0.0%
2032​4​282,245​$22.57​0.1%
2033 and Thereafter​25​2,820,342​$11.31​0.6%
(1)Does not consider the impact of renewal options that may be contained in leases.
(2)Annual rental revenues represent domestic 2022 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, 2022, we owned 63,924,148 shares, or approximately 22.4%, of Klépierre, which had a quoted market price of $23.04 per share. Klépierre is a publicly traded, Paris-based real estate company, which owns, or has an interest in shopping centers located in 14 countries.

As of December 31, 2022, we had a controlling interest in a European investee with interests in 11 Designer Outlet properties. Ten of the outlet properties are located in Europe and one outlet property is located in Canada. Of the ten properties in Europe, two are in Italy, two are in the Netherlands, two are in the United Kingdom, and one each is in Austria, France, Germany, and Spain. As of December 31, 2022, our legal percentage ownership interests in these entities ranged from 23% 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 ten operating joint venture properties in Japan, a 50% interest in five 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 ten Japanese Premium Outlets operate in various cities throughout Japan and comprise over 3.9 million square feet of GLA and were 99.8% leased as of December 31, 2022.

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, 2022 and do not include our equity investments in Klépierre, or our investment in Value Retail PLC and affiliated entities.

​

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Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

International Properties

​

​

​​​​​​​​​​​​​​​​
​​CityOwnershipSPG 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.​Fukaya-Hanazono Premium Outlets​Fukaya City (Saitama)​Ground Lease (2042)​40.0%2022​296,300​Adidas, Armani, Bally, Coach, Dsquared2, Furla, Marc Jacobs, Michael Kors, New Balance, Nike, Polo Ralph Lauren, Puma, Theory, Tommy Hilfiger, Tory Burch, Valentino, Vans, Versace​
3.​Gotemba Premium Outlets​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​
4.​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​
5.​Rinku Premium Outlets​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​
6.​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​
7.​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​
8.​Shisui Premium Outlets​Shisui (Chiba)​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​
9.​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​
10.​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​​​​​​​​​3,910,000​​​

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Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

International Properties

​

​​​​​​​​​​​​​​​​
​​CityOwnershipSPG Effective​Total Gross​
​​COUNTRY/Property Name​(Metropolitan area)​Interest​Ownership​Year Built​Leasable Area (1)​Selected Tenants
​​MEXICO​​​​​​​​​​​​​
11.​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​
12.​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​​​​​​​​​​​​​
13.​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​
14.​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​
15.​Busan Premium Outlets (2)​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​
16.​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​
17.​Jeju Premium Outlets​Jeju Province​Ground Lease (2041)​50.0%2021​92,000​Adidas, Arcteryx, Golden Goose, Guess, Hugo Boss, J. Lindeberg, Lacoste​
​​Subtotal South Korea​​​​​​​​​2,007,100​​​
​​MALAYSIA​​​​​​​​​​​​​
18.​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​
19.​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​​​​​​​​​​​​​
20.​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​​​​​​​​​​​​​
21.​Toronto Premium Outlets​Toronto (Ontario)​Fee​50.0%2013​504,900​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​
22.​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​
23.​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​​​​​​​​​1,294,900​​​
​​TOTAL INTERNATIONAL PREMIUM OUTLETS​​​​​​​8,670,700​​​

​

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Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

International Properties

​

​​​​​​​​​​​​​​​​
​​CityOwnershipSPG Effective​Total Gross​
​COUNTRY/Property Name​(Metropolitan area)​Interest​Ownership​Year Built​Leasable Area (1)​Selected Tenants
​​INTERNATIONAL DESIGNER OUTLETS​​​​​​​​​​​
​​AUSTRIA​​​​​​
1.​Parndorf Designer OutletVienna​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 OutletMarcianise (Naples)​Fee​90.0%2010​344,000​Adidas, Armani, Calvin Klein, Coach, Guess, Liu Jo, Michael Kors, Nike, Pinko, Polo Ralph Lauren, Puma, Timberland, Tommy Hilfiger​
​​​​​​​​​​​​​​​​
3.​Noventa Di Piave Designer OutletVenice​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​​​​​​​​​697,000​​​
​​NETHERLANDS​​​​​​​​​​​​​
​​Roermond Designer Outlet Phases 2 & 3Roermond​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​
​​Roermond Designer Outlet Phase 4​Roermond​Fee​46.1%2017​125,000​Adidas, Karl Lagerfield, Liu Jo, Longchamp, Tag Heuer, Tom Tailor, Woolrich​
4.​Subtotal Roermond​​​​​​​​​298,000​​​
5.​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​​​​​​​​​​​​​
6.​Ashford Designer OutletKent​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​
7.​West Midlands Designer Outlet​Cannock (West Midlands)​Fee​23.2%2021​197,000​​​
​​Subtotal England​​​​​​​​​478,000​​​
​​CANADA​​​​​​​​​​​​​
8.​Vancouver Designer OutletsVancouver​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​​​​​​​2,816,000​​​

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Simon Property Group, Inc.

Simon Property Group, L.P.

Property Table

International Properties

​

​​​​​​​​​​​​​​​
​​CityOwnershipSPG EffectiveYear BuiltTotal Gross​
​​COUNTRY/Property Name​(Metropolitan area)​Interest​Ownership​or Acquired​Leasable Area (1)​Selected Tenants
​​International Taubman​​​​​​​​​​
​​China​​​​​
1.​CityOn.XianXi'an​Ground Lease (2051)​20.0%Acquired 2020​995,000​Wangfujing
2.​CityOn.ZhengzhouZhengzhou​Ground Lease (2051)​19.6%Acquired 2020​919,000​G-Super, Wangfujing
​​Subtotal China​​​​​​​​​1,914,000​​
​​South Korea​​​​​​​​​​​​
3.​Starfield AnseongAnseong​Fee​39.2%Acquired 2020​1,068,000​Shinsegae, E-Mart Traders
4.​Starfield HanamHanam​Fee​13.7%Acquired 2020​1,709,000​Shinsegae, E-Mart Traders
​​Subtotal South Korea​​​​​​​​​2,777,000​​
​​Total International Taubman​​​​​​​4,691,000​​

FOOTNOTES:

(1)All gross leasable area listed in square feet.
(2)Property is undergoing an expansion.

​

​

​

Land

We have direct or indirect ownership interests in approximately 100 acres of land held in the United States and Canada for future development.

Sustainability

Simon has integrated sustainability initiatives into our business operations: how we plan, develop, and operate our properties.

Reducing our greenhouse gas emissions is a central commitment to reducing our environmental impact. In 2020, we announced the adoption of 2035 greenhouse gas emissions targets approved by the Science Based Target Initiative (“SBTi”). Our target is to reduce scope 1 and scope 2 emissions by 68% (2019 baseline), and scope 3 emissions by 20.9% (2018 baseline). We believe that our climate related risk disclosures are aligned with the recommendations of the Task Force on Climate Related Financial Disclosures established by the Financial Stability Board.

Reducing water consumption and landfill waste are also components of reducing our carbon and environmental footprint. We have already achieved our initial target of reducing water usage by 20%, and we are working to create a new target that will focus on more efficient and responsible water use in the future.

The Governance and Nominating Committee of our Board of Directors (“Board”) has been allocated the oversight of our sustainability policies, including environmental, social, and governance matters. Additionally, the Board has delegated to the Audit Committee the oversight and the annual disclosure of our sustainability programs in the form of an annual sustainability report.

In 2022, we were once again awarded a Green Star rating (2014-2022) - the highest designation awarded for leadership in sustainability performance by the Global Real Estate Sustainability Benchmark. We were also the recipient of NAREIT’s Leader in the Light® award for sustainability leadership in the retail property sector. Finally, we scored an A- on the CDP Climate Change questionnaire.

To learn more about our sustainability initiatives and detailed reporting please access our latest Sustainability Report at investors.simon.com/. Information in the Sustainability Report and our Company website is not incorporated herein by reference and should not be considered part of this Annual Report on Form 10-K.

​

Mortgages and Unsecured Debt

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

​

​

Mortgage and Unsecured Debt

As of December 31, 2022

(Dollars in thousands)

​

​​​​​​​​​​​​​​​​
​​Interest​Face​Annual Debt​Maturity​
Property NameRateAmountService (1)Date​
Consolidated Indebtedness:​​​​​​​​​​​​​​​
Secured Indebtedness:​​​​​​​​​​​​​​​
Arizona Mills3.80%​​$97,775​​$5,574​​09/01/26​
Birch Run Premium Outlets4.21%​​​123,000​​​5,177(2)​02/06/26​
Calhoun Outlet Marketplace4.17%​​​17,146(19)​​1,140​​06/01/26​
Domain, The3.09%​​​210,000​​​6,497(2)​07/01/31​
Ellenton Premium Outlets4.30%​​​178,000​​​7,651(2)​12/01/25​
Empire Mall4.31%​​​176,974​​​11,268​​12/01/25​
Florida Keys Outlet Marketplace4.17%​​​17,000​​​709(2)​12/01/25​
Gaffney Outlet Marketplace4.17%​​​27,696(19)​​1,841​​06/01/26​
Gloucester Premium Outlets5.89%(1)​​85,055​​​5,011​​03/01/23​
Grove City Premium Outlets4.31%​​​140,000​​​6,032(2)​12/01/25​
Gulfport Premium Outlets4.35%​​​50,000​​​2,174(2)​12/01/25​
Gurnee Mills3.99%​​​257,710​​​10,283(2)​10/01/26​
Hagerstown Premium Outlets4.26%​​​70,430​​​4,539​​02/06/26​
La Reggia Designer Outlets Phases 1 & 24.00%(25)​​171,255(30)​​6,850​​03/27/27​
Lee Premium Outlets4.17%​​​47,480(19)​​3,156​​06/01/26​
Noventa Di Piave Designer Outlet Phases 1, 2, 3, 4​1.90%​​​297,121(30)​​5,636(2)​07/25/25​
Ochtrup Designer Outlet2.10%​​​53,517(30)​​1,124(2)​06/30/26​
Opry Mills4.09%​​​375,000​​​15,345(2)​07/01/26​
Outlets at Orange, The4.22%​​​215,000​​​9,067(2)​04/01/24​
Oxford Valley Mall6.00%​​​23,109​​​1,387​​12/07/22​
Paris-Giverny Designer Outlet5.93%(38)​​33,973​​​2,015(2)​06/11/25​
Parndorf Designer Outlet2.00%​​​195,869(30)​​3,917(2)​07/04/29​
Penn Square Mall3.84%​​​310,000​​​11,910(2)​01/01/26​
Phipps Plaza Hotel6.14%(1)​​25,000​​​2,369​​10/25/26(3)
Pismo Beach Premium Outlets3.33%​​​32,124(20)​​1,951​​09/06/26​
Plaza Carolina5.49%(1)​​225,000​​​12,356(2)​07/27/23​
Pleasant Prairie Premium Outlets​4.00%​​​145,000​​​5,793(2)​09/01/27​
Potomac Mills​3.46%​​​416,000​​​14,383(2)​11/01/26​
Provence Designer Outlet4.92%​​​101,405(30)​​6,021​​07/27/27(3)
Puerto Rico Premium Outlets5.49%(1)​​160,000​​​8,787(2)​07/26/23​
Queenstown Premium Outlets3.33%​​​56,432(20)​​3,428​​09/06/26​
Roermond Designer Outlet3.63%​​​246,178(30)​​8,946(2)​05/29/29​
Roosendaal Designer Outlets1.75%(24)​​63,820(30)​​2,817​​02/23/24(3)
Shops at Chestnut Hill, The4.69%​​​120,000​​​5,624(2)​11/01/23​
Southridge Mall3.85%​​​112,087​​​4,320(2)​06/06/23​
Summit Mall3.31%​​​85,000​​​2,817(2)​10/01/26​
Syosset Park​6.39%(1)​​75,485​​​4,825​​05/12/26(3)
University Park Village3.85%​​​52,352​​​3,113​​05/01/28​
White Oaks Mall7.27%(1)​​40,190​​​3,920​​06/01/24(3)
Williamsburg Premium Outlets4.23%​​​185,000​​​7,824(2)​02/06/26​
Wolfchase Galleria​4.15%​​​155,152​​​6,433(2)​11/01/26​
Total Consolidated Secured Indebtedness​​​​​$5,469,335​​​​​​​​

Mortgage and Unsecured Debt

As of December 31, 2022

(Dollars in thousands)

Unsecured Indebtedness:​​​​​​​​​​​​​​​
Simon Property Group, L.P.​​​​​​​​​​​​​​
Revolving Credit Facility - USD5.13%(15)​$125,000​​$6,413(2)​06/30/25(3)
Supplemental Credit Facility - EUR3.81%(16)​​802,763(37)​30,585(2)​01/31/27(3)
Unsecured Notes - 22C​6.75%​​​600,000​​​40,500(14)​02/01/40​
Unsecured Notes - 25C4.75%​​​550,000​​26,125(14)​03/15/42​
Unsecured Notes - 27B3.75%​​​600,000​​22,500(14)​02/01/24​
Unsecured Notes - 28A3.38%​​​900,000​​30,375(14)​10/01/24​
Unsecured Notes - 28B4.25%​​​400,000​​​17,000(14)​10/01/44​
Unsecured Notes - 29B3.50%​​​1,100,000​​​38,500(14)​09/01/25​
Unsecured Notes - 30B3.30%​​​800,000​​26,400(14)​01/15/26​
Unsecured Notes - 31B3.25%​​​750,000​​24,375(14)​11/30/26​
Unsecured Notes - 31C4.25%​​​550,000​​23,375(14)​11/30/46​
Unsecured Notes - 32B3.38%​​​750,000​​25,313(14)​06/15/27​
Unsecured Notes - 33A2.75%​​​600,000​​16,500(14)​06/01/23​
Unsecured Notes - 33B3.38%​​​750,000​​25,313(14)​12/01/27​
Unsecured Notes - 34A2.00%​​​1,000,000​​20,000(14)​09/13/24​
Unsecured Notes - 34B2.45%​​​1,250,000​​30,625(14)​09/13/29​
Unsecured Notes - 34C3.25%​​​1,250,000​​40,625(14)​09/13/49​
Unsecured Notes - 35A2.65%​​​750,000​​19,875(14)​07/15/30​
Unsecured Notes - 35B​3.80%​​​750,000​​​28,500(14)​07/15/50​
Unsecured Notes - 36A​1.75%​​​800,000​​​14,000(14)​02/01/28​
Unsecured Notes - 36B​2.20%​​​700,000​​​15,400(14)​02/01/31​
Unsecured Notes - 37A​1.38%​​​550,000​​​7,563(14)​01/15/27​
Unsecured Notes - 37B​2.25%​​​700,000​​​15,750(14)​01/15/32​
Unsecured Notes - 38A​3.94%(36)​​500,000​​​19,700(4)​01/11/24​
Unsecured Notes - 38B2.65%​​​700,000​​18,550(14)​02/01/32​
Unsecured Notes - Euro 3​1.25%​​​535,175(10)​​6,690(6)​05/13/25​
Unsecured Notes - Euro 4​1.13%​​​802,763(13)​​9,031(6)​03/19/33​
Total Consolidated Unsecured Indebtedness​​​​​$19,565,701​​​​​​​​
Total Consolidated Indebtedness at Face Amounts​​​​​$25,035,036​​​​​​​​
Premium on Indebtedness​​​​​20,909​​​​​​​​
Discount on Indebtedness​​​​​(50,894)​​​​​​​​
Debt Issuance Costs​​​​​(108,210)​​​​​​​​
Other Debt Obligations​​​​​63,445(18)​​​​​​​
Total Consolidated Indebtedness​​​​​$24,960,286​​​​​​​​
Our Share of Consolidated Indebtedness​​​​​$24,754,718​​​​​​​​
​​​​​​​​​​​​​​​​
Joint Venture Indebtedness:​​​​​​​​​​​​​​​
Secured Indebtedness:​​​​​​​​​​​​​​
Ami Premium Outlets2.22%​​$6,532(26)​$6,335​​09/25/23​
Arundel Mills4.29%​​383,500​​16,444(2)​02/06/24​
Ashford Designer Outlet4.54%(27)​125,206(21)​5,689(2)​05/23/27​
Aventura Mall4.12%​​1,750,000​​72,122(2)​07/01/28​
Avenues, The3.60%​​110,000​​3,960(2)​02/06/23​

Mortgage and Unsecured Debt

As of December 31, 2022

(Dollars in thousands)

Briarwood Mall3.29%​​165,000​​5,432(2)​09/01/26​
Busan Premium Outlets2.87%​​87,519(17)​2,515(2)​11/23/25​
Cape Cod Mall6.66%(35)​52,000​​3,462(2)​07/30/26(3)
Charlotte Premium Outlets4.27%​​100,000​​4,961​​07/01/28​
Clarksburg Premium Outlets3.95%​​160,000​​8,921​​01/01/28​
Coconut Point3.95%​​175,503​​10,811​​10/01/26​
Colorado Mills - 14.28%​​123,778​​8,050​​11/01/24​
Colorado Mills - 22.80%​​30,000​​840(2)​07/01/31​
Concord Mills6.55%​​234,790​​17,773​​11/01/32​
Dadeland Mall3.11%​​377,775​​19,868​​01/05/27​
Dadeland Mall Hotel6.74%(1)​29,072​​1,960(2)​07/01/24(3)
Del Amo Fashion Center​3.66%​​​585,000​​​21,396(2)​06/01/27​
Domain Westin4.12%​​60,363​​5,653​​09/01/25​
Dover Mall5.57%​​79,104​​4,406(2)​08/06/26​
Falls, The3.45%​​150,000​​5,175(2)​09/01/26​
Fashion Centre Pentagon6.94%(41)​455,000​​31,573(2)​05/09/26(3)
Fashion Valley7.89%(34)​415,000​​32,750(2)​02/01/26(3)
Florida Mall, The6.30%(39)​600,000​​37,800(2)​02/09/27(3)
Fukaya-Hanazono Premium Outlets0.76%​​81,617(26)​618(2)​09/30/32​
Galleria, The3.55%​​1,200,000​​42,598(2)​03/01/25​
Genting Highland Premium Outlets​4.56%(7)​​13,928(9)​​6,754​​02/14/24​
Gotemba Premium Outlets0.16%​​99,160(26)​161(2)​04/08/27​
Grapevine Mills3.83%​​​268,000​​​10,272(2)​10/01/24​
Hamilton Town Center6.71%(35)​​80,000​​​5,366(2)​02/24/27(3)
Johor Premium Outlet4.06%(7)​​4,533(9)​​184(2)​10/31/23​
Katy Mills5.77%​​129,497​​9,059​​08/01/32​
Kobe-Sanda Premium Outlets0.34%(12)​6,866(26)​24(2)​01/31/23​
Lehigh Valley Mall4.06%​​181,327​​11,526​​11/01/27​
Liberty Tree Mall3.41%​​27,592​​942​​05/06/23​
Malaga Designer Outlet4.88%(22)​63,974(30)​3,123(2)​02/09/23​
Mall at Rockingham Park, The4.04%​​262,000​​10,585(2)​06/01/26​
Mall at Tuttle Crossing, The3.56%​​114,814​​4,092(2)​05/01/23​
Mall of New Hampshire, The4.11%​​150,000​​6,162(2)​07/01/25​
Meadowood Mall5.70%​​105,766​​8,194​​12/01/26​
Miami International Mall4.42%​​160,000​​7,072(2)​02/06/24​
Norfolk Premium Outlets4.50%​​75,000​​3,375(2)​04/01/32​
Northshore Mall3.30%​​215,706​​7,118​​07/05/23​
Paju Premium Outlets3.06%​​48,339(17)​1,480(2)​03/13/25​
Premium Outlet Collection Edmonton IA6.04%(40)​100,758(5)​6,083(2)​11/30/23​
Premium Outlets Montréal3.08%​​88,592(5)​2,729(2)​06/01/24​
Quaker Bridge Mall4.50%​​180,000​​8,100(2)​05/01/26​
Queretaro Premium Outlets - Fixed​11.99%​​​21,488(32)​​4,352​​12/20/33​
Queretaro Premium Outlets - Variable13.92%​​2,583(32)​360(2)​06/20/23​
Rinku Premium Outlets - Fixed​0.30%​​​45,004(26)​​136(2)​07/31/27​
Roermond 4 Designer Outlet1.95%(23)​179,897(30)​3,515(2)​08/18/25​
Roosevelt Field Hotel6.81%(33)​48,802​​3,324(2)​06/29/27(3)

Mortgage and Unsecured Debt

As of December 31, 2022

(Dollars in thousands)

Round Rock Residential6.39%(1)​15,849​​1,013​​08/26/26(3)
Sano Premium Outlets0.28%​​34,706(26)​98(2)​02/28/25​
Sawgrass Mills Hotel6.95%(33)​28,151​​1,956(2)​06/07/24(3)
Shisui Premium Outlets Phase 10.32%(12)​21,358(26)​69(2)​05/31/23​
Shisui Premium Outlets Phase 20.37%​​38,138(26)​139(2)​05/31/29​
Shisui Premium Outlets Phase 30.33%(12)​19,833(26)​64(2)​11/30/23​
Shops at Clearfork, The2.81%(27)​145,000​​4,075(2)​03/11/30​
Shops at Crystals, The3.74%​​550,000​​20,592(2)​07/01/26​
Shops at Mission Viejo, The3.61%​​295,000​​10,650(2)​02/01/23​
Siam Premium Outlets Bangkok6.28%​​67,829(11)​4,256(2)​06/05/31​
Siheung Premium Outlets2.51%​​118,868(17)​2,984(2)​03/15/24​
Silver Sands Premium Outlets3.96%​​140,000​​5,543(2)​03/01/32​
Smith Haven Mall7.39%(1)​171,750​​12,695(2)​03/31/24(3)
Solomon Pond Mall4.01%​​91,176​​3,656​​11/01/22(8)
Southdale Hotel6.71%(35)​16,764​​1,691(2)​06/01/25​
Southdale Residential4.46%​​36,196​​1,614​​10/15/35​
Springfield Mall4.45%​​56,607​​3,922​​10/06/25​
Square One Mall5.47%​​80,216​​4,390(2)​01/06/27​
St. Johns Town Center3.82%​​350,000​​13,367(2)​09/11/24​
St. Louis Premium Outlets4.06%​​89,709​​5,466​​10/06/24​
Stoneridge Shopping Center3.50%​​330,000​​11,550(2)​09/05/26​
Tanger Outlets Columbus6.25%​​71,000​​4,439(2)​10/01/32​
Tanger Outlets - Galveston/Houston6.24%(1)​64,500​​4,026(2)​07/01/23​
Toki Premium Outlets - Fixed0.21%​​20,214(26)​42(2)​11/30/24​
Toki Premium Outlets - Variable0.29%(12)​2,670(26)​8(2)​11/30/24​
Tosu Premium Outlets0.20%(12)​47,292(26)​93(2)​10/31/26​
Twin Cities Premium Outlets​4.32%​​115,000​​4,968(2)​11/06/24​
Vancouver Designer Outlet​5.67%(27)​​121,813(5)​​6,907(2)​12/01/27(3)
West Midlands Designer Outlets​7.52%(28)​77,422(21)​5,825(2)​02/27/23​
Westchester, The​3.25%​​400,000​​13,000(2)​02/01/30​
Woodfield Mall​4.50%​​​381,019​​​26,022​​03/05/24​
Yeoju Premium Outlets​2.95%​​​53,090(17)​​1,564(2)​09/28/24​
​​​​​​​​​​​​​​​​
Total Joint Venture Secured Indebtedness at Face Amount​​​​​$14,261,555​​​​​​​​
TMLP Indebtedness at Face Amount​​​​​345,321(29)​​​​​​​
Total Joint Venture and TMLP Indebtedness at Face Amount​​​​​14,606,876​​​​​​​
Debt Issuance Costs​​​​​(36,955)​​​​​​​​
Total Joint Venture Indebtedness​​​​​$14,569,921​​​​​​​
Our Share of Joint Venture Indebtedness​​​​​$6,769,992(31)​​​​​​​
​​​​​​​​​​​​​​​
Taubman Realty Group Indebtedness:​​​​​TRG Share​​​​​​​
Secured Indebtedness:​​​​​of Face Amount​​​​​​​
Cherry Creek Shopping Center​3.85%​​$275,000​​$10,588(2)​06/01/28​
City Creek Center​4.37%​​​69,932​​​5,001​​08/01/23​

Mortgage and Unsecured Debt

As of December 31, 2022

(Dollars in thousands)

Country Club Plaza​3.85%​​​149,102​​​8,934​​04/01/26​
Dolphin Mall​3.98%(44)​​1,000,000​​​39,800(2)​05/09/27(3)
Fair Oaks Mall​5.32%​​​121,566​​​8,533​​05/10/23​
Gardens Mall, The​4.34%​​​101,771​​​4,670​​07/15/25​
Great Lakes Crossing Outlets​3.60%​​​177,529​​​12,074​​01/06/23​
International Market Place​6.45%(45)​​163,625​​​10,554(2)​08/09/24​
International Plaza​5.46%(43)​​238,977​​​13,048(2)​10/09/26(3)
Mall at Green Hills, The​6.78%(42)​​150,000​​​10,170(2)​01/01/27(3)
Mall at Millenia, The​3.94%​​​225,000​​​8,875(2)​10/15/24​
Mall at Short Hills, The​3.48%​​​1,000,000​​​34,800(2)​10/01/27​
Mall at University Town Center, The​3.40%​​​140,000​​​4,760(2)​11/01/26​
Sunvalley​4.44%​​​76,256​​​5,634​​09/01/22(8)
Twelve Oaks Mall​4.85%​​​277,901​​​18,673​​03/06/28​
Waterside Shops​3.86%​​​80,116​​​4,615​​04/15/26​
Westfarms​5.50%​​​192,852​​​15,315​​10/01/23​
CityOn.Xian​6.00%​​​33,828(46)​​7,902​​03/14/29​
CityOn.Zhengzhou​5.60%​​​35,306(46)​​8,137​​03/22/32​
Starfield Anseong​2.17%​​​109,689(47)​​16,729​​02/27/25​
Starfield Hanam​2.38%​​​76,783(47)​​11,872​​10/26/25​
Total TRG Secured Indebtedness at TRG Share of Face Amount​​​​​$4,695,233​​​​​​​​
​​​​​​​​​​​​​​​​
Corporate and Other Indebtedness:​​​​​​​​​​​​​​​
TRG U.S. Headquarters​3.49%​​​12,000​​​419(2)​03/01/24​
Other​6.61%​​​12,000​​​793(2)​11/01/27(3)
Total TRG Corporate and Other Indebtedness at TRG Share of Face Amount​​​​​$24,000​​​​​​​​
Discount on Indebtedness​​​​​​(8,852)​​​​​​​​
Total TRG Indebtedness at TRG Share​​​​​$4,710,381​​​​​​​​
Our Share of TRG Indebtedness​​​​​$3,768,307​​​​​​​​
(1)Variable rate loans based on one-month (1M) LIBOR plus interest rate spreads ranging from 110 bps to 300 bps. 1M LIBOR as of December 31, 2022, was 4.39%.
(2)Requires monthly payment of interest only.
(3)Includes applicable extension available at the Applicable Borrower's option.
(4)Requires quarterly payments of interest only.
(5)Amount shown in USD equivalent. CAD equivalent is 421.5 million.
(6)Requires annual payment of interest only.
(7)Variable rate loans based on Cost of Fund plus interest rate spreads ranging from 125 bps to 175 bps. Cost of Fund as of December 31, 2022, was 2.81%.
(8)Mortgage is outstanding as of 12/31/2022.
(9)Amount shown in USD equivalent. Ringgit equivalent is 81.5 million.

Mortgage and Unsecured Debt

As of December 31, 2022

(Dollars in thousands)

(10)Amount shown in USD equivalent. Euro equivalent is 500.0 million.
(11)Amount shown in USD equivalent. Baht equivalent is 2.3 billion.
(12)Variable rate loans based on six-month (6M) TIBOR plus interest rate spreads ranging from 15 bps to 35 bps. As of December 31, 2022, 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, 2022, the Credit Facilities bear interest at a SOFR index subject to a 10bps adjustment plus 72.5 bps credit spread. The Credit Facilities provide for different pricing based upon our investment grade rating. As of December 31, 2022, $6.6 billion was available after outstanding borrowings and letters of credit under our Credit Facilities.
(16)Supplemental Credit Facility. Subsequent to December 31, 2022, we completed an interest rate swap agreement to effectively swap the interest rate to the all-in rate presented.
(17)Amount shown in USD equivalent. Won equivalent is 388.4 billion.
(18)City of Sunrise Bond Liability (Sawgrass Mills).
(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 167.5 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 cap agreement, 3M EURIBOR is capped at 0.65%.
(24)Variable rate loan based on 3M 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 250 bps. Through an interest rate cap agreement, 3M EURIBOR is currently fixed at 1.50%.
(26)Amount shown in USD equivalent. Yen equivalent is 55.5 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 three-month (3M) GBP LIBOR plus an interest rate spread of 365 bps. 3M GBP LIBOR as of December 31, 2022, was 3.87%.
(29)Consists of two properties with interest rates ranging from 5.65% to 7.32% and maturities in 2024.
(30)Amount shown in USD equivalent. Euro equivalent is 1.3 billion.
(31)Our share of total indebtedness includes a pro rata share of the mortgage debt on joint venture properties, including 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 $128.0 million of payment guarantees provided by the Operating Partnership.
(32)Amount shown in USD equivalent. Peso equivalent is 469.1 million.
(33)Variable rate loans based on 30-day Average SOFR plus interest rate spreads ranging from 275 bps to 295 bps. Through interest cap agreement, 30-day Average SOFR is currently fixed at 4.00%.
(34)Variable rate loan based on 1M LIBOR plus an interest rate spread of 350 bps. In addition, 1M LIBOR floor of 0.25%.
(35)Variable rate loan based on one-month (1M) SOFR plus interest rate spreads ranging from 230 bps to 235 bps. 1M SOFR as of December 31, 2022, was 4.36%.
(36)Variable rate bond based on SOFR index plus 43 bps.
(37)Amount shown in USD equivalent. Euro equivalent is 750.0 million.

Mortgage and Unsecured Debt

As of December 31, 2022

(Dollars in thousands)

(38)Variable rate loan based on 3M EURIBOR plus interest rate spreads ranging from 270 bps to 380 bps. Through interest cap agreements, 3M EURIBOR is currently fixed at 1.00%.
(39)Variable rate loan based on 1M SOFR plus an interest rate spread of 230 bps. Through an interest cap agreement, 1M SOFR is currently fixed at 4.00%.
(40)Variable rate loan based on one-month (1M) CDOR plus an interest spread of 130 bps. 1M CDOR as of December 31, 2022, was 4.74%.
(41)Variable rate loan based on 1M LIBOR plus an interest rate spread of 294 bps. Through interest cap agreement, 1M LIBOR is currently fixed at 4.00%.
(42)Variable rate loan based on 30 day Average SOFR, which is subject to a floor of 0.035%, plus an interest rate spread of 272 bps. Through an interest rate cap agreement, 30 day Average SOFR is currently fixed at 4.00%.
(43)Variable rate loan based on 1M LIBOR, which is subject to a floor of 0.00% plus an interest rate spread of 196bps. Through interest rate cap agreements, 1M LIBOR is currently fixed at 3.50%.
(44)Variable rate loan based on 1M Term SOFR, which is subject to a floor of 0.00% plus an interest rate spread of 310bps. Through interest rate swap agreements, 1M Term SOFR is currently fixed at 0.88%.
(45)Variable rate loan based on 1M LIBOR, which is subject to a floor of 0.00% plus an interest rate spread of 250bps. Through interest rate swap agreements related to a portion of the total outstanding debt, 1M LIBOR is currently fixed at 0.88%.
(46)Amounts shown in USD Equivalent. CNY Equivalent is 1.9 billion.
(47)Amounts shown in USD Equivalent. KRW Equivalent is 847.5 billion.

The changes in consolidated mortgages and unsecured indebtedness for the years ended December 31, 2022, 2021 and 2020 are as follows:

​​​​​​​​​​​
​202220212020
Balance, Beginning of Year​$25,321,022​$26,723,361​$24,163,230​
Additions during period:​​​​​​​​​​
New Loan Originations​3,443,739​9,255,220​15,269,791​
Loans assumed in acquisitions and consolidation​85,689​46,263​—​
Net (Discount)/Premium​(1,922)​(9,118)​28,906​
Net Debt Issuance Costs​​(10,166)​​(35,818)​​(34,931)​
Deductions during period:​​​​​​​​​​
Loan Retirements​(3,687,330)​(10,386,133)​(12,932,448)​
Amortization of Net Discounts/(Premiums)​7​168​174​
Debt Issuance Cost Amortization​​26,113​​24,794​​23,076​
Scheduled Principal Amortization​(22,446)​(48,386)​(51,728)​
Foreign Currency Translation​​(194,420)​​(249,329)​​257,291​
Balance, Close of Year​$24,960,286​$25,321,022​$26,723,361​

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