STRATEGIC LOCATION AND GROWING TRADE AREA

• The only regional mall located between Las Vegas, Nevada, and the populous area of Northern Utah. Adjacent to the major artery connecting Salt Lake City, Las Vegas and Los Angeles, the property is highly visible from I-15.
• Gateway to six national parks including the scenic Zion National Park, Bryce Canyon National Park and the North Rim of the Grand Canyon which combined attract more than three million tourists to the area each year.
• The trade area extends approximately 78 miles north to south and 66 miles east to west and includes portions of Nevada and Arizona.
• The Red Cliffs Mall trade area population has grown 61% in the last ten years and is expected to continue at a robust rate of 18% in the next five years.
• A new 90,000 square-foot Dillard’s – triple the size of the former store – opened in late 2006.
• A 15,000 square-foot open-air streetscape which opened in 2007, featuring first-to-the market stores: Chico’s, Coldwater Creek, Lane Bryant, Barnes & Noble and See’s Candies.