Simon Property Group

Today, the highly anticipated, 100% leased, Tulsa Premium Outlets® officially opened its doors, making it the 70th Premium Outlet in the U.S. and third Simon property in Oklahoma. Hundreds of eager shoppers and members of the media looked on as Oklahoma Governor Kevin Stitt, Lieutenant Governor Matt Pinnell, State Representative Lonnie Sims, Muscogee Nation Principal Chief David Hill, Jenks Mayor Cory Box, City Manager Chris Shrout, and Tulsa County Commissioner Kelly Dunkerley joined Simon executives, Gary Duncan, Eli Simon, Stephen Shea and Tricia Sanders to cut the ribbon at the latest addition to Simon's unparalleled portfolio of more than 250 iconic properties. Tulsa Premium Outlets is home to today's most sought-after brands, including 30 first-to-market retailers including Carhartt, Hugo Boss, Lacoste, Ralph Lauren, and Tory Burch, along with dining and entertainment destinations such as Los Cabos Little Kitchen and Camp Pickle, a pickleball-centric entertainment destination which is slated to open in 2025. Throughout the grand opening weekend, shoppers will enjoy shops and eateries, in-store events, exclusive deals & discounts, family activities, meet & greets, and VIP experiences. Children can now explore the 20,000-square-foot play area and take part in the community mural. More than 1,000 construction jobs contributed to the project and approximately 800 jobs are being created by retailers, restaurants, and the center’s management team. #Simon #PremiumOutlets #Retail #ShoppingDestination

Simon® Reports Second Quarter 2024 Results and Increases Full Year 2024 Guidance and Raises Quarterly Dividend “We saw increased leasing volumes, occupancy gains, shopper traffic and retail sales volumes resulting in the Company’s highest level of real estate NOI for the second quarter in our history," said David Simon, Chairman, Chief Executive Officer and President. Read the full release here: https://bit.ly/3AaQDbz #Simon #Earnings #retailrealestate

Simon's SVP Luxury Leasing, Velda Turan, spoke with Vogue Business about all things Vegas. Sin City isn't just for gambling, concerts, clubbing and convention-goers anymore. Professional sports and luxury shopping are hitting it big and welcoming droves of visitors from all over the world. Luxury brands are tapping into Vegas' larger-than-life spirit by hosting lavish VIC private shopping events paired with posh hotel stays and curated dining experiences. High-end retailers are investing in this market and Simon centers, Forum Shops at Caesars Palace and Shops at Crystals, are home to these evolving and expanding brands where memories are made. "This market is very special for us. And it's only going to get stronger, better, cooler, sexier," says Turan.

Mark your calendar and listen in on our 2nd Quarter Earnings Release webcast: Monday, August 5, 2024 at 5PM EDT Listen here: investors.simon.com #retailrealestate #retail #earnings #Simon

Yesterday, Simon celebrated the groundbreaking of Northgate Station's new luxury residential development. The building will be home to over 234 high-end apartments and just steps from unmatched amenities, including top-of-the-line fitness and recovery facilities, co-working spaces, pet-friendly areas, and 25,000 square feet of retail and dining space. The addition of residential units adds a new element and further transforms the area into the ultimate destination to shop, work, stay, play, and now live. Over the years, Simon has invested in this property to enhance the overall experience by adding amenities that bring people together, such as the Kraken Community Iceplex and Northgate Central Park, which includes a community lawn and amphitheater. Next spring, Northgate Station will welcome its first on-property hotel, Residence Inn by Marriott.

We are charged up, literally! 75 Simon locations will add 900 ultra-fast bp pulse charging bays across the U.S. Beginning in early 2026, this new charging network will support nearly every make and model of EVs on the market today. Chip Harding, Executive Vice President, Simon Brand Ventures said: “Simon is committed to offering best-in-class brands, amenities, experiences and sustainable practices to our shoppers and the communities that we serve. We look forward to expanding our EV charging options across the Simon portfolio with bp pulse.” For a complete list of Simon electric vehicle charging stations, please visit our webpage: https://bit.ly/3CL7gWW

Tulsa Premium Outlets is 7 weeks away from opening on August 15, 2024, and the city is buzzing over the newest destination to shop and play. Simon hosted preview events for a first look inside the new center yesterday that will include Camp Pickle, a 25,000 square foot food and entertainment venue, plus over 60% of the brands will be either exclusive to Oklahoma or unique to the Tulsa market. Gary Duncan, President of Simon Premium Outlets and The Mills, and Steve Shea, Simon’s Vice President of Development, welcomed members of the media, city council, and local brokers to an exclusive hard hat tour of Tulsa Premium Outlets. Cory Box, Mayor, City of Jenks, made a special visit and shared his excitement with the media saying, "This is absolutely a game-changer for the city of Jenks. This is going to anchor the sales tax generation for the city of Jenks for the next 50-75 years.” 2 News Oklahoma shares exclusive footage: https://bit.ly/4bignj6

Simon has collaborated with The Lead Summit for 2024 and are excited to offer FREE registration for all Simon brands and retailers. With 180+ speakers from brands like Target, New Balance, Kenneth Cole, PVH, Calvin Klein and more! It’s one of the best retail events of the year. Register here and be sure to list Simon in the “how did you hear about us field” for your free registration. https://lnkd.in/eTa6_6eb

🌟 Exciting Announcement! 🌟 CAMP and Simon are expanding their collaboration by bringing CAMP's shop-and-play hybrid model to more young families. In addition to the existing CAMP location at Burlington Mall in Boston, two new locations will open at iconic Simon centers. King of Prussia, Greater Philadelphia's and the East Coast's premier shopping destination, will welcome CAMP in 2024, and The Galleria, Houston's most desirable shopping and tourist attraction, will debut in early 2025. Both locations will exceed 10,000 feet and feature rotating immersive shows behind CAMP's signature Magic Door. Read more about this exciting venture here: https://prn.to/3XuYmLk #RetailInnovation #Simon #FamilyFun #CAMP

Get ready to step into your favorite Netflix shows and movies at King of Prussia! Coming in 2025, Netflix will open Netflix House, an experiential entertainment venue built to bring some of the brand’s most beloved titles to life. Spanning a footprint of more than 100,000 sq.ft., this next generation offering will create an unforgettable destination to explore your favorite Netflix stories and characters beyond the screen year-round - all within Greater Philadelphia’s premier shopping destination featuring 450+ brands and 30+ eateries. Read more about the new concept here: https://bit.ly/4b82hAW