PALO ALTO CALIFORNIA

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1 PALO ALTO CALIFORNIA

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3 WHERE SILICON VALLEY SHOPS Established more than 100 years ago, Palo Alto is now known as the creative and cultural hotbed for technology. A charming mix of historic Northern California culture and cutting edge innovation, the city offers an exceptional quality of life to its more than 67,000 residents. HP, Tesla, Lockheed Martin, Pinterest and Skype are all centrally headquartered in Palo Alto with other prominent tech companies Google, Facebook, Yahoo and Symantec based in neighboring Silicon Valley communities. Palo Alto is home to Stanford University, one of the top universities and research centers in the country, along with the acclaimed The Stanford University Medical Center and Lucile Packard Children s Hospital.

4 VIEW TOWARD MACY S FROM PAVILION 4 AND LADY ELLEN COURT

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6 HIGH TECH. HIGH CULTURE. Palo Alto s natural beauty, together with the sophistication and diversity of its inhabitants, enrich the city s culture. The population is highly educated, with nearly 80% of residents with college degrees and 50% with a master s degree or higher. Stanford University serves as a hub for the area s cultural activity with the Hoover Tower, Memorial Church, The Cantor Arts Center and the Rodin Sculpture Garden all located on the university grounds. Surrounded by gorgeous foothills and a multitude of well-kept city parks, Palo Alto outdoor offerings are endless with renowned hiking trails, golf courses and gardens.

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8 Neiman Marcus, Nordstrom, Bloomingdale s and Macy s plus more than 140 world-class specialty shops and restaurants An open-air shopping center with award-winning gardens and hundreds of seasonal flowers The center is adorned with sculptures and murals by prominent California artists Stanford s Neiman Marcus is the 4th highest performer, outselling our Copley Place and Westchester locations The center is also home to the 5th best performing Nordstrom in the portfolio, with $88 million in total sales 142,000 residents live within three miles of the center with an average household income of $156,227

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10 VIEW ALONG PORTICO WAY

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12 VIEW TOWARD NEW DEVELOPMENT FROM QUARRY ROAD

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15 PALO ALTO S PREMIER SHOPPING DESTINATION The ultimate shopping center in the San Francisco Bay Area, Stanford Shopping Center features luxury department stores and more than 140 world-class specialty shops and restaurants. The center s performance is even more impressive. It ranks as one of the top performers in the Simon portfolio. Stanford is also home to top performing Neiman Marcus and Nordstrom locations. True to its California roots, the mall is designed with a distinctive open-air environment surrounded by award-winning gardens.

16 VIEW TOWARD PAVILION 4

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18 INNOVATING THE SHOPPING EXPERIENCE Stanford Shopping Center, much like its high-tech neighbors, is constantly redeveloping and renovating to accommodate the needs of this increasingly sophisticated and demanding market. Recent additions include The Apple Store flagship store, American Girl, The Container Store, and a new 120,000-square-foot, three-level Bloomingdale s. A complete renovation of the center is currently underway and is scheduled for completion by Spring 2016 in conjunction with the redesign of the former Bloomingdale s space, adding 132,000 square feet of new retailers and restaurants to the center. Neiman Marcus continues to build on its success with an exciting interior renovation scheduled for completion in 2015.

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20 VIEW OF PARK PLAZA WEST

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22 VIEW OF PARK PLAZA EAST

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24 580 SAN FRANCISCO INTL AIRPORT Palo Alto N

25 LOCATION & DEMOGRAPHICS Stanford Shopping Center s trade area consists of exceptionally affluent residential communities within the nation s sixth most populous metropolitan area, including Palo Alto, Menlo Park, Atherton, Portola Valley, Woodside, Hillsborough, Los Altos Hills, Cupertino, Saratoga and Los Gatos. The trade area draws heavily from Silicon Valley s numerous tech companies that employ a uniquely young, educated and largely male population. Additionally, Stanford University s campus-housed student body makes a significant contribution to the area economy. Located at the center of the Bay Area Peninsula in Palo Alto, California, Stanford Shopping Center is approximately 30 minutes from San Jose and 45 minutes from San Francisco. The center is adjacent to Stanford University, at the intersection of El Camino Real and Sand Hill Road. Just three miles from US 101 and I-280, Stanford Shopping Center is also easily accessible by public transportation. DEMOGRAPHICS Trade Area Population 834, ,471 Total Daytime Population 950,263 Trade Area Households 304, ,927 Average Annual HH Income $122,542 $127,971 *Information accurate as of 12/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).

26 About Simon Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE: SPG). Stanford Shopping Center presents a unique opportunity for your brand. Please contact the following Simon leasing professional for more information: Todd Eads (317) teads@simon.com

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