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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 10-K

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2000

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|SIMON PROPERTY GROUP, INC.                                                                                                          |  | SPG REALTY CONSULTANTS, INC.                                                                                                       
|----------------------------------------------------------------------------------------------------------------------------------- |  | -----------------------------------------------------------------------------------------------------------------------------------
|(Exact name of registrant as specified in its charter)                                                                              |  | (Exact name of registrant as specified in its charter)                                                                             
|Delaware
(State of incorporation)                                                                                                   |  | Delaware
(State of incorporation)                                                                                                  
|001-14469
(Commission File No.)                                                                                                     |  | 001-14469-01
(Commission File No.)                                                                                                 
|046268599
(I.R.S. Employer Identification No.)                                                                                      |  | 13-2838638
(I.R.S. Employer Identification No.)                                                                                    
|National City Center
115 West Washington Street, Suite 15 East
Indianapolis, Indiana 46204
(Address of principal executive offices) |  | National City Center
115 West Washington Street, Suite 15 East
Indianapolis, Indiana 46204
(Address of principal executive offices)
|(317) 636-1600
(Registrant's telephone number, including area code)                                                                 |  | (317) 636-1600
(Registrant's telephone number, including area code)                                                                

Securities registered pursuant to Section 12 (b) of the Act:

|Title of each class                                                                                                                                                                                |  | Name of each exchange
on which registered
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | -----------------------------------------
|Common stock, $0.0001 par value of Simon Property Group, Inc. paired with 1/100th of a beneficial interest in shares of common stock, par value $.0001 per share, of SPG Realty Consultants,
 Inc. |  | New York Stock Exchange                  
|6.5% Series B Convertible Preferred Stock, $.0001 par value                                                                                                                                        |  | New York Stock Exchange                  

Securities registered pursuant to Section 12 (g) of the Act: None

Indicate by check mark whether the Registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the Registrants were required to file such reports), and (2) has been subject to such filing requirements for the past
90 days. YES /x/ NO / /

Indicate
by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of Registrants'
knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.
/x/

The
aggregate market value of shares of common stock held by non-affiliates of the Registrants was approximately $3,997 million based on the closing market price on the New York
Stock Exchange for such stock on December 29, 2000. As of March 16, 2001, Simon Property Group, Inc. had 168,757,265; 3,200,000 and 4,000 shares of common stock, Class B
common stock and Class C common stock outstanding, respectively, which were paired with 1,719,613 shares of common stock, par value $0.0001 per share, of SPG Realty
Consultants, Inc. outstanding on that same date.

Documents
Incorporated By Reference

Portions
of the Registrants' Annual Report to Shareholders are incorporated by reference into Parts I, II and IV and portions of the Registrants' Proxy Statements in connection with their Annual
Meetings of Shareholders to be held on May 8, 2001 are incorporated by reference in Part III.

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SIMON PROPERTY GROUP, INC. AND  SPG REALTY CONSULTANTS, INC.  Annual Report on Form 10-K  December 31, 2000

TABLE OF CONTENTS

|Item No.   |  |                                                                                       |  | Page No.
|---------- |  | ------------------------------------------------------------------------------------- |  | --------
|Part I    
|1.         |  | Business                                                                              |  | 3       
|2.         |  | Properties                                                                            |  | 9       
|3.         |  | Legal Proceedings                                                                     |  | 39      
|4.         |  | Submission of Matters to a Vote of Security Holders                                   |  | 39      
|Part II   
|5.         |  | Market for the Registrants' Common Equity and Related Stockholder Matters             |  | 39      
|6.         |  | Selected Financial Data                                                               |  | 40      
|7.         |  | Management's Discussion and Analysis of Financial Condition and Results of Operations |  | 40      
|7A.        |  | Quantitative and Qualitative Disclosure About Market Risk                             |  | 40      
|8.         |  | Financial Statements and Supplementary Data                                           |  | 40      
|9.         |  | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure  |  | 40      
|Part III  
|10.        |  | Directors and Executive Officers of the Registrants                                   |  | 40      
|11.        |  | Executive Compensation                                                                |  | 41      
|12.        |  | Security Ownership of Certain Beneficial Owners and Management                        |  | 41      
|13.        |  | Certain Relationships and Related Transactions                                        |  | 41      
|Part IV   
|14.        |  | Exhibits, Financial Statements, Schedules and Reports on Form 8-K                     |  | 41      
|Signatures |  | 42                                                                                   

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Part I

Item 1. Business



The background and description of the business information required by this item is incorporated herein by reference to the Notes to Financial Statements,
Note 1, paragraphs 1 through 4, on pages 51 and 52 of the Annual Report to Shareholders for Simon Property Group, Inc. ("SPG"), a Delaware corporation, and SPG Realty
Consultants, Inc., also a Delaware corporation ("SRC" and together with SPG, the "Companies"), which is filed as Exhibit 13.1 to this Form 10-K. Each share of common
stock of SPG is paired ("Paired Shares") with a beneficial interest in 1/100th of a share of common stock of SRC. As of December 31, 2000, SPG and Simon Property Group, L.P. (the
"SPG Operating Partnership") owned or held an interest in 252 income-producing properties in the United States, which consisted of 165 regional malls, 73 community shopping centers, five specialty
retail centers, four office and mixed-use properties and five value-oriented super-regional malls in 36 states (the "Properties"), and five additional retail real estate properties
operating in Europe. SPG and the SPG Operating Partnership also owned an interest in two properties currently under construction and 11 parcels of land held for future development, which together with
the Properties are hereafter referred to as the "Portfolio" or the "Portfolio Properties."



Mergers and acquisitions have been a significant component of the growth and development of Simon Group's business. "Simon Group" consists of the Companies,
the SPG Operating Partnership, and SPG Realty Consultants, L.P. (the "SRC Operating Partnership" and, together with SPG Operating Partnership, the "Operating Partnerships). Beginning with the
$3.0 billion acquisition, through merger, of DeBartolo Realty Corporation ("DRC") in August of 1996, Simon Group has completed five major mergers and/or acquisitions that have helped shape the
current organization. Information regarding Simon Group's mergers and acquisitions required by this item are incorporated herein by reference to
the Notes to Financial Statements, Notes 3, 4, and 5 (acquisitions portion only), on pages 53 to 55, respectively of the Companies' Annual Report to Shareholders, which is filed as Exhibit 13.1
to this Form 10-K.



During 2000, regional malls (including specialty retail centers and retail space in the mixed-use Properties), community centers and the remaining
Portfolio comprised 92.4%, 4.7%, and 2.9%, respectively of combined consolidated rent revenues and tenant reimbursements. The Properties contain an aggregate of approximately 185.6 million
square feet of GLA, of which 110.4 million square feet is owned by Simon Group ("Owned GLA"). More than 4,200 different retailers occupy more than 20,400 stores in the Properties. Total
estimated retail sales at the Properties in 2000 were approximately $38 billion.

SPG
and certain of its subsidiaries are taxed as REITs under sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the "Code"), and applicable Treasury
regulations relating to REIT qualification. SPG is self-administered and self-managed and does not engage or pay a REIT advisor. SPG provides management, development, leasing,
accounting, finance and legal, design and construction expertise through its own personnel or, where appropriate, through outside professionals.



Simon Group's primary business objectives are to increase cash generated from operations per Paired Share and the value of the Portfolio Properties. Simon
Group plans to achieve these objectives

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through a variety of methods discussed below, although no assurance can be made that such objectives will be achieved.



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Simon Group believes that it has a competitive advantage in the retail real estate business as a result of (i) the size, quality and diversity of its
Properties, (ii) its use of innovative retailing concepts, (iii) its management and operational expertise, (iv) its extensive experience and relationships with retailers and
lenders, (v) the mall marketing initiatives of SBV, which Simon Group believes is the world's largest and most sophisticated mall marketing initiative, and (vi) the B2Binitiatives of
SBN. Management believes that the Properties are the largest, as measured by GLA, of any publicly traded REIT, with more regional malls than any other publicly traded REIT. For these reasons,
management believes Simon Group to be the leader in the industry.

All
of the Portfolio Properties are located in developed areas. With respect to certain of such properties, there are other properties of the same type within the market area. The
existence of competitive properties could have a material adverse effect on Simon Group's ability to lease space and on the level of rents Simon Group can obtain.

There
are numerous commercial developers, real estate companies and other owners of real estate that compete with Simon Group in its trade areas. This results in competition for both
acquisition of prime sites (including land for development and operating properties) and for tenants to occupy the space that Simon Group and its competitors develop and manage.



General Compliance.Management believes that the Portfolio Properties are in compliance, in all material respects, with
all Federal, state and local environmental laws, ordinances and regulations regarding hazardous or toxic substances (see Item 3. Legal Proceedings). Nearly all of the Portfolio Properties have been
subjected to Phase I or similar environmental audits (which generally involve only a review of records and visual inspection of the property without soil sampling or ground water analysis) by
independent environmental consultants. The Phase I environmental audits are intended to discover information regarding, and to evaluate the environmental condition of, the surveyed properties and
surrounding properties. The environmental audits have not revealed, nor is management aware of, any environmental liability that management believes will have a material adverse effect on Simon Group.
No assurance can be given that existing environmental studies with respect to the Portfolio Properties reveal all potential environmental liabilities; that any previous owner, occupant or tenant of a
Portfolio Property did not create any material environmental condition not known to management; that the current environmental condition of the Portfolio Properties will not be affected by tenants and
occupants, by the condition of nearby properties, or by unrelated third parties; or that future uses or condition (including, without limitation, changes in applicable environmental laws and
regulations or the interpretation thereof) will not result in imposition of additional environmental liability.

Asbestos-Containing Materials.Asbestos-containing materials are present in most of the Properties, primarily in the
form of vinyl asbestos tile, mastics and roofing materials, which are generally in good condition. Fireproofing and insulation containing asbestos is also present in certain Properties in limited
concentrations or in limited areas. The presence of such asbestos-containing materials does not

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violate currently applicable laws. Simon Group will remove asbestos-containing materials in the ordinary course of any renovation, reconstruction and expansion, and in connection with the retenanting
of space.

Underground Storage Tanks.Several of the Portfolio Properties contain, or at one time contained, underground storage
tanks used to store waste oils or other petroleum products primarily related to auto services center establishments or emergency electrical generation equipment. All regulated tanks
have been removed, upgraded or abandoned in place in accordance with applicable environmental laws. Site assessments have revealed certain soil and groundwater contamination associated with such tanks
at some of these Properties. Subsurface investigations (Phase II assessments) and remediation activities are either ongoing or scheduled to be conducted at such Properties. The cost of remediation
with respect to such matters has not been and is not expected to be material.

Properties to be Developed or Acquired.Land held for shopping mall development or that may be acquired for development
may contain residues or debris associated with the use of the land by prior owners or third parties. In certain instances, such residues or debris could be or contain hazardous wastes or hazardous
substances. Prior to exercising any option to acquire any of the optioned properties, Simon Group will conduct environmental due diligence consistent with past practice.



Simon Group and its affiliates employ approximately 5,370 persons at various centers and offices throughout the United States, of which 2,590 are
part-time. Approximately 930 employees are located at Simon Group's headquarters.



Simon Group has comprehensive liability, fire, flood, extended coverage and rental loss insurance with respect to its Properties. Management believes that such
insurance provides adequate coverage.



Simon Group's executive offices are located at National City Center, 115 West Washington Street, Indianapolis, Indiana 46204, and its telephone number is
(317) 636-1600.

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The following table sets forth certain information with respect to the executive officers of the Companies as of December 31, 2000.

|Name                  |  | Age |  | Position                                              
|--------------------- |  | --- |  | ------------------------------------------------------
|Melvin Simon(1)       |  | 74  |  | Co-Chairman                                           
|Herbert Simon(1)      |  | 66  |  | Co-Chairman                                           
|David Simon(1)        |  | 39  |  | Chief Executive Officer                               
|Hans C. Mautner       |  | 62  |  | Vice Chairman; Chairman, Simon Global Limited         
|Richard S. Sokolov    |  | 51  |  | President and Chief Operating Officer                 
|Randolph L. Foxworthy |  | 56  |  | Executive Vice PresidentCorporate Development        
|William J. Garvey     |  | 61  |  | Executive Vice PresidentProperty Development         
|James A. Napoli       |  | 54  |  | Executive Vice PresidentLeasing                      
|John R. Neutzling     |  | 48  |  | Executive Vice PresidentProperty Management          
|James M. Barkley      |  | 49  |  | General Counsel; Secretary                            
|Stephen E. Sterrett   |  | 45  |  | Executive Vice President and Chief Financial Officer  
|Drew Sheinman         |  | 43  |  | PresidentSimon Brand Ventures                        
|Joseph S. Mumphrey    |  | 49  |  | PresidentSimon Business Network                      
|John Rulli            |  | 44  |  | Senior Vice President and Chief Administrative Officer
|Andrew A. Juster      |  | 48  |  | Senior Vice President and Treasurer                   
|David Schacht         |  | 37  |  | Senior Vice President and Chief Information Officer   

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Set
forth below is a summary of the business experience of the executive officers of the Companies. The executive officers of the Companies serve at the pleasure of the Board of
Directors and have served SPG's predecessor since its formation in 1993, with the exception of Mr. Mautner, who has held his office since the CPI Merger and Mr. Sokolov, who has held his
office since the DRC Merger. For biographical information of Melvin Simon, Herbert Simon, David Simon, Hans C. Mautner, and Richard Sokolov, see Item 10 of this report.

Mr. Foxworthy
is the Executive Vice PresidentCorporate Development of the Companies. Mr. Foxworthy joined Melvin Simon & Associates, Inc.
("MSA") in 1980 and has been an Executive Vice President in charge of Corporate Development of MSA since 1986 and has held the same position with the Companies since 1993.

Mr. Garvey
is the Executive Vice PresidentProperty Development of the Companies. Mr. Garvey, who was Executive Vice President and Director of Development at
MSA, joined MSA in 1979 and held various positions with MSA.

Mr. Napoli
is the Executive Vice PresidentLeasing of the Companies. Mr. Napoli also served as Executive Vice President and Director of Leasing of MSA, which
he joined in 1989.

Mr. Neutzling
is the Executive Vice PresidentProperty Management of the Companies. Mr. Neutzling has also been an Executive Vice President of MSA since 1992
overseeing all property and asset management functions. He joined MSA in 1974 and has held various positions with MSA.

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Mr. Barkley serves as the Companies' General Counsel and Secretary. Mr. Barkley holds the same position for MSA. He joined MSA in 1978 as Assistant General Counsel for
Development Activity.

Mr. Sterrett
serves as the Companies' Executive Vice-President and Chief Financial Officer. He joined MSA in 1989 and has held various positions with MSA.

Mr. Mumphrey
holds the position of PresidentSimon Business Network. He joined MSA in 1974 and has held various property and asset management positions with MSA

Mr. Juster
serves as the Companies' Senior Vice-President and Treasurer. He joined MSA in 1989 and has held various financial positions with MSA.

Mr. Rulli
serves as the Companies' Senior Vice-President and Chief Administrative Officer. He joined MSA in 1988 and has held various positions with MSA.

Mr. Sheinman
holds the position of PresidentSimon Brand Ventures. He joined the Companies' in 1998 as Senior Vice President of Marketing and Business Development.

Mr. Schacht
serves as the Companies' Senior Vice-President and Chief Information Officer. He joined the Companies in 1997 and has held various information technology positions.

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Item 2. Properties



The Properties primarily consist of two types: regional malls and community shopping centers. Regional malls generally contain two or more anchors and a wide
variety of smaller stores ("Mall" stores) located in enclosed malls connecting the anchors. Additional stores ("Freestanding" stores) are usually located along the perimeter of the parking area. The
165 regional malls in the Properties range in size from approximately 200,000 to 2.8 million square feet of GLA, with all but four regional malls over 400,000 square feet. These regional malls
contain in the aggregate more than 17,000 occupied stores, including over 650 anchors which are mostly national retailers. As of December 31, 2000, regional malls (including specialty retail
centers and retail space in the mixed-use Properties) represented 85.4% of total GLA, 80.4% of Owned GLA and 86.0% of total annualized base rent of the Properties.

Community
shopping centers are generally unenclosed and smaller than regional malls. Most of the 73 community shopping centers in the Properties range in size from approximately
50,000 to 600,000 square feet of GLA. Community shopping centers generally are of two types: (i) traditional community centers, which focus primarily on value-oriented and convenience goods and
services, are usually anchored by a supermarket, drugstore or discount retailer and are designed to service a neighborhood area; and (ii) power centers, which are designed to serve a larger
trade area and contain at least two anchors that are usually national retailers among the leaders in their markets and occupy more than 70% of the GLA in the center. As of December 31, 2000,
community shopping centers represented 9.7% of total GLA, 11.6% of Owned GLA and 6.0% of the total annualized base rent of the Properties.

Simon
Group also has interests in five specialty retail centers, four office and mixed-use Properties and five value-oriented super-regional malls. The specialty retail
centers contain approximately 1,838,000 square feet of GLA and do not have anchors; instead, they feature retailers and entertainment facilities in a distinctive shopping environment and location. The
four office and mixed-use Properties range in size from approximately 512,000 to 1,048,000 square feet of GLA. Two of these Properties are regional malls with connected office buildings,
and two are located in mixed-use developments and contain primarily office space. The value-oriented super-regional malls range in size from approximately 1.0 million to
1.6 million square feet of GLA. These Properties combine retail outlets, manufacturers'
off-price stores and other value-oriented tenants. As of December 31, 2000, value-oriented super-regional malls represented 3.5% of total GLA, 5.7% of Owned GLA and 5.7% of the
total annualized base rent of the Properties.

As
of December 31, 2000, approximately 91.8% of the Mall and Freestanding Owned GLA in regional malls, specialty retail centers and the retail space in the mixed use Properties
was leased, approximately 92.9% of the Owned GLA in the value-oriented super-regional malls was leased, and approximately 91.5% of Owned GLA in the community shopping centers was leased.

Of
the 252 Properties, 172 are owned 100% by Simon Group and the remainder are held as joint venture interests. Simon Group is the managing or co-managing general partner
or member of all but 15 of the Properties held as joint venture interests.

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Additional Information

The following table sets forth certain information, as of December 31, 2000, regarding the Properties:

|Name/Location  |                                      | Ownership
Interest (Expiration
if Lease)(1) |                                | Simon Group's
Percentage
Interest(2) |       | Year Built or
Acquired |               | Total
GLA |           | Retail Anchors(28)
|-------------- | ------------------------------------ | ------------------------------------------- | ------------------------------ | ------------------------------------ | ----- | ---------------------- | ------------- | --------- | --------- | ------------------
|REGIONAL MALLS |                                      |                                             |                                |                                      |       |                        |               |          
|1.             | Alton Square
Alton, IL               |                                             | Fee                            |                                      | 100.0 |                        | Acquired 1993 |           | 639,200   |                   
|2.             | Amigoland Mall
Brownsville, TX       |                                             | Fee                            |                                      | 100.0 |                        | Built 1974    |           | 557,855   |                   
|3.             | Anderson Mall
Anderson, SC           |                                             | Fee                            |                                      | 100.0 |                        | Built 1972    |           | 634,311   |                   
|4.             | Apple Blossom Mall
Winchester, VA    |                                             | Fee                            |                                      | 49.1  |                        | Acquired 1999 |           | 442,657   |                   
|5.             | Arsenal Mall
Watertown, MA           |                                             | Fee                            |                                      | 100.0 |                        | Acquired 1999 |           | 501,664   | (4)               
|6.             | Auburn Mall
Auburn, MA               |                                             | Fee                            |                                      | 49.1  |                        | Acquired 1999 |           | 597,809   |                   
|7.             | Aurora Mall
Aurora, CO               |                                             | Fee                            |                                      | 100.0 |                        | Acquired 1998 |           | 1,013,706 |                   
|8.             | Aventura Mall(6)
Miami, FL           |                                             | Fee                            |                                      | 33.3  |                        | Built 1983    |           | 1,904,240 |                   
|9.             | Avenues, The
Jacksonville, FL        |                                             | Fee                            |                                      | 25.0  |                        | Built 1990    |           | 1,113,261 |                   
|10.            | Barton Creek Square
Austin, TX       |                                             | Fee                            |                                      | 100.0 |                        | Built 1981    |           | 1,403,822 |                   
|11.            | Battlefield Mall
Springfield, MO     |                                             | Fee and Ground Lease (2056)    |                                      | 100.0 |                        | Built 1970    |           | 1,184,464 |                   
|12.            | Bay Park Square
Green Bay, WI        |                                             | Fee                            |                                      | 100.0 |                        | Built 1980    |           | 665,633   |                   
|13.            | Bergen Mall
Paramus, NJ              |                                             | Fee and Ground Lease(7) (2061) |                                      | 100.0 |                        | Acquired 1987 |           | 920,314   |                   
|14.            | Biltmore Square
Asheville, NC        |                                             | Fee                            |                                      | 100.0 |                        | Built 1989    |           | 494,691   |                   
|15.            | Boynton Beach Mall
Boynton Beach, FL |                                             | Fee                            |                                      | 100.0 |                        | Built 1985    |           | 1,185,557 |                   
|               |                                      |                                             |                                |                                      |       |                        |               |           |           |                   

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|16. | Brea Mall
Brea, CA                                 |  | Fee                             |  | 100.0 |  | Acquired 1998 |  | 1,303,587 |  | Macy's, JCPenney, Robinsons-May, Nordstrom, Sears                             
|--- | -------------------------------------------------- |  | ------------------------------- |  | ----- |  | ------------- |  | --------- |  | ------------------------------------------------------------------------------
|17. | Broadway Square
Tyler, TX                          |  | Fee                             |  | 100.0 |  | Acquired 1994 |  | 616,986   |  | Dillard's, JCPenney, Sears                                                    
|18. | Brunswick Square
East Brunswick, NJ                |  | Fee                             |  | 100.0 |  | Built 1973    |  | 768,099   |  | Macy's, JCPenney, Barnes & Noble                                              
|19. | Burlington Mall
Burlington, MA                     |  | Ground Lease (2048)             |  | 100.0 |  | Acquired 1998 |  | 1,251,518 |  | Macy's, Lord & Taylor, Filene's, Sears                                        
|20. | Cape Cod Mall
Hyannis, MA                          |  | Ground Leases(7) (2009-2073)    |  | 49.1  |  | Acquired 1999 |  | 698,020   |  | Macy's, Filene's, Marshall's, Sears, Best Buy, Barnes & Noble(9)              
|21. | Castleton Square
Indianapolis, IN                  |  | Fee                             |  | 100.0 |  | Built 1972    |  | 1,454,489 |  | Galyan's, LS Ayres, Lazarus, JCPenney, Sears, Von Maur                        
|22. | Century III Mall
Pittsburgh, PA                    |  | Fee                             |  | 100.0 |  | Built 1979    |  | 1,287,721 |  | JCPenney, Sears, T.J. Maxx, Kauufmann's(3), Wickes Furniture                  
|23. | Charlottesville Fashion Square
Charlottesville, VA |  | Ground Lease (2076)             |  | 100.0 |  | Acquired 1997 |  | 573,789   |  | Belk(3), JCPenney, Sears                                                      
|24. | Chautauqua Mall
Jamestown, NY                      |  | Fee                             |  | 100.0 |  | Built 1971    |  | 432,483   |  | Sears, JCPenney, Office Max, The Bon Ton                                      
|25. | Cheltenham Square
Philadelphia, PA                 |  | Fee                             |  | 100.0 |  | Built 1981    |  | 636,437   |  | Burlington Coat Factory, Home Depot, Value City, Seaman's Furniture, Shop Rite
|26. | Chesapeake Square
Chesapeake, VA                   |  | Fee and Ground Lease (2062)(8)  |  | 75.0  |  | Built 1989    |  | 799,434   |  | Dillard's(3), JCPenney, Sears, Ward, Hecht's                                  
|27. | Cielo Vista Mall
El Paso, TX                       |  | Fee and Ground Lease(10) (2027) |  | 100.0 |  | Built 1974    |  | 1,192,172 |  | Dillard's(3), JCPenney, Ward, Sears                                           
|28. | Circle Centre
Indianapolis, IN                     |  | Property Lease (2097)           |  | 14.7  |  | Built 1995    |  | 794,834   |  | Nordstrom, Parisian                                                           
|29. | College Mall
Bloomington, IN                       |  | Fee and Ground Lease(10) (2048) |  | 100.0 |  | Built 1965    |  | 707,346   |  | Sears, Lazarus, L.S. Ayres(3), Target                                         
|30. | Columbia Center
Kennewick, WA                      |  | Fee                             |  | 100.0 |  | Acquired 1987 |  | 772,043   |  | Sears, JCPenney, Gottschalks, Barnes & Noble, The Bon Marche                  
|31. | Coral Square
Coral Springs, FL                     |  | Fee                             |  | 50.0  |  | Built 1984    |  | 946,137   |  | Dillard's, JCPenney, Sears, Burdines(3)                                       
|    |                                                    |  |                                 |  |       |  |               |  |           |  |                                                                               

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|32. | Cordova Mall
Pensecola, FL                                     |  | Fee                            |  | 100.0 |  | Acquired 1998 |  | 852,128   |  | Ward, Parisian, Dillard's(3)                                                          
|--- | -------------------------------------------------------------- |  | ------------------------------ |  | ----- |  | ------------- |  | --------- |  | --------------------------------------------------------------------------------------
|33. | Cottonwood Mall
Albuquerque, NM                                |  | Fee                            |  | 100.0 |  | Built 1996    |  | 1,045,265 |  | Dillard's, Foley's, JCPenney, Mervyn's, Ward                                          
|34. | Crossroads Mall
Omaha, NE                                      |  | Fee                            |  | 100.0 |  | Acquired 1994 |  | 864,928   |  | Dillard's, Sears, Younkers, Barnes & Noble                                            
|35. | Crystal Mall
Waterford, CT                                     |  | Fee                            |  | 74.6  |  | Acquired 1998 |  | 786,359   |  | Macy's, Filene's, JCPenney, Sears                                                     
|36. | Crystal River Mall
Crystal River, FL                           |  | Fee                            |  | 100.0 |  | Built 1990    |  | 424,430   |  | JCPenney, Sears, Belk, Kmart                                                          
|37. | Dadeland Mall
Miami, FL                                        |  | Fee                            |  | 50.0  |  | Acquired 1997 |  | 1,404,312 |  | Saks Fifth Avenue, JCPenney, Burdine's, Burdine's Home Gallery, Limited, Lord & Taylor
|38. | DeSoto Square
Bradenton, FL                                    |  | Fee                            |  | 100.0 |  | Built 1973    |  | 686,993   |  | JCPenney, Sears, Dillard's, Burdines                                                  
|39. | Eastern Hills Mall
Buffalo, NY                                 |  | Fee                            |  | 100.0 |  | Built 1971    |  | 997,111   |  | Sears, JCPenney, The Bon Ton, Kaufmann's, Burlington Coat Factory                     
|40. | Eastland Mall
Evansville, IN                                   |  | Fee                            |  | 50.0  |  | Acquired 1998 |  | 899,746   |  | JC Penney, De Jong's, Famous Barr, Lazarus                                            
|41. | Eastland Mall
Tulsa, OK                                        |  | Fee                            |  | 100.0 |  | Built 1986    |  | 707,425   |  | Dillard's, Foley's, Mervyn's, (11)                                                    
|42. | Edison Mall
Fort Myers, FL                                     |  | Fee                            |  | 100.0 |  | Acquired 1997 |  | 1,046,348 |  | Dillard's, JCPenney, Sears, Burdines(3)                                               
|43. | Emerald Square
North Attleborough, MA                          |  | Fee                            |  | 49.1  |  | Acquired 1999 |  | 1,006,434 |  | Filene's, JCPenney, Lord & Taylor, Sears                                              
|44. | Empire Mall(6)
Sioux Falls, SD                                 |  | Fee and Ground Lease(7) (2013) |  | 50.0  |  | Acquired 1998 |  | 1,056,290 |  | JCPenney, Younkers, Sears, Daytons,(11)                                               
|45. | Fashion Mall at Keystone at the Crossing, The
Indianapolis, IN |  | Ground Lease (2067)            |  | 100.0 |  | Acquired 1997 |  | 653,604   |  | Jacobsons, Parisian                                                                   
|46. | Florida Mall, The
Orlando, FL                                  |  | Fee                            |  | 50.0  |  | Built 1986    |  | 1,633,852 |  | Dillard's, JCPenney, Lord & Taylor(9) Saks Fifth Avenue, Sears, Burdines, Nordstrom(9)
|47. | Forest Mall
Fond Du Lac, WI                                    |  | Fee                            |  | 100.0 |  | Built 1973    |  | 474,432   |  | JCPenney, Kohl's, Younkers, Sears, Staples                                            
|    |                                                                |  |                                |  |       |  |               |  |           |  |                                                                                       

12

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|48. | Forest Village Park Mall
Forestville, MD   |  | Fee                            |  | 100.0 |  | Built 1980    |  | 418,612   |      | JCPenney, Kmart                                                                         
|--- | ------------------------------------------ |  | ------------------------------ |  | ----- |  | ------------- |  | --------- | ---- | ----------------------------------------------------------------------------------------
|49. | Golden Ring Mall
Baltimore, MD             |  | Fee                            |  | 100.0 |  | Built 1974    |  | 704,960   |      | Hecht's, Ward, Caldor(5)                                                                
|50. | Granite Run Mall
Media, PA                 |  | Fee                            |  | 50.0  |  | Acquired 1998 |  | 1,046,790 |      | JCPenney, Sears, Boscovs                                                                
|51. | Great Lakes Mall
Cleveland, OH             |  | Fee                            |  | 100.0 |  | Built 1961    |  | 1,314,349 |      | Dillard's(3), Kaufmann's, JCPenney, Sears                                               
|52. | Greendale Mall
Worcester, MA               |  | Fee and Ground Lease(7) (2009) |  | 49.1  |  | Acquired 1999 |  | 408,224   | (12) | Best Buy, Marshall's, T.J. Maxx & More                                                  
|53. | Greenwood Park Mall
Greenwood, IN          |  | Fee                            |  | 100.0 |  | Acquired 1979 |  | 1,327,448 |      | JCPenney, JCPenney Home Store, Lazarus, L.S. Ayres, Sears, Service Merchandise, Von Maur
|54. | Gulf View Square
Port Richey, FL           |  | Fee                            |  | 100.0 |  | Built 1980    |  | 804,191   |      | Sears, Dillard's, Ward, JCPenney, Burdines                                              
|55. | Gwinnett Place
Atlanta, GA                 |  | Fee                            |  | 50.0  |  | Acquired 1998 |  | 1,247,353 |      | Parisian, Macy's, Rich's JCPenney, Sears                                                
|56. | Haywood Mall
Greensville, SC               |  | Fee and Ground Lease(7) (2017) |  | 100.0 |  | Acquired 1998 |  | 1,244,735 |      | Rich's, Sears, Dillard's, JCPenney, Belk Simpson                                        
|57. | Heritage Park Mall
Midwest City, OK        |  | Fee                            |  | 100.0 |  | Built 1978    |  | 607,000   |      | Dillard's, Sears, Ward                                                                  
|58. | Highland Mall(6)
Austin, TX                |  | Fee and Ground Lease (2070)    |  | 50.0  |  | Acquired 1998 |  | 1,090,099 |      | Dillard's(3), Foley's, JCPenney                                                         
|59. | Hutchinson Mall
Hutchinson, KS             |  | Fee                            |  | 100.0 |  | Built 1985    |  | 525,633   |      | Dillard's, JCPenney, Sears, Wal-Mart                                                    
|60. | Independence Center
Independence, MO       |  | Fee                            |  | 100.0 |  | Acquired 1994 |  | 1,020,129 |      | Dillard's, Sears(3), The Jones Store Co.                                                
|61. | Indian River Mall
Vero Beach, FL           |  | Fee                            |  | 50.0  |  | Built 1996    |  | 748,010   |      | Sears, JCPenney, Dillard's, Burdines                                                    
|62. | Ingram Park Mall
San Antonio, TX           |  | Fee                            |  | 100.0 |  | Built 1979    |  | 1,129,098 |      | Dillard's(3), Foley's, JCPenney, Sears, Beall's                                         
|63. | Irving Mall
Irving, TX                     |  | Fee                            |  | 100.0 |  | Built 1971    |  | 1,125,986 |      | Foley's, Dillard's, Mervyn's, Sears, Barnes & Noble                                     
|64. | Jefferson Valley Mall
Yorktown Heights, NY |  | Fee                            |  | 100.0 |  | Built 1983    |  | 591,861   |      | Macy's, Sears,(11)                                                                      
|    |                                            |  |                                |  |       |  |               |  |           |      |                                                                                         

13

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|65. | Knoxville Center
Knoxville, TN          |  | Fee                            |  | 100.0 |  | Built 1984    |  | 981,105   |  | Dillard's, JCPenney, Proffitt's, Sears, Service Merchandise(5)                        
|--- | --------------------------------------- |  | ------------------------------ |  | ----- |  | ------------- |  | --------- |  | --------------------------------------------------------------------------------------
|66. | La Plaza
McAllen, TX                    |  | Fee and Ground Lease(7) (2040) |  | 100.0 |  | Built 1976    |  | 1,214,464 |  | Dillard's, JCPenney, Foley's, Foley's Home Store, Sears, Beall's, Joe Brand-Lady Brand
|67. | Lafayette Square
Indianapolis, IN       |  | Fee                            |  | 100.0 |  | Built 1968    |  | 1,227,716 |  | JCPenney, LS Ayres, Sears, Lazarus, Burlington Coat Factory                           
|68. | Laguna Hills Mall
Laguna Hills, CA      |  | Fee                            |  | 100.0 |  | Acquired 1997 |  | 866,983   |  | Macy's, JCPenney, Sears                                                               
|69. | Lake Square Mall
Leesburg, FL           |  | Fee                            |  | 50.0  |  | Acquired 1998 |  | 560,968   |  | JCPenney, Sears, Belk, Target,                                                        
|70. | Lakeline Mall
N. Austin, TX             |  | Fee                            |  | 100.0 |  | Built 1995    |  | 1,102,184 |  | Dillard's, Foley's, Sears, JCPenney, Mervyn's                                         
|71. | Lenox Square
Atlanta, GA                |  | Fee                            |  | 100.0 |  | Acquired 1998 |  | 1,427,382 |  | Neiman Marcus, Macy's, Rich's                                                         
|72. | Liberty Tree Mall
Newton, MA            |  | Fee                            |  | 49.1  |  | Acquired 1999 |  | 828,978   |  | Marshall's, Sports Authority, Target                                                  
|73. | Lima Mall
Lima, OH                      |  | Fee                            |  | 100.0 |  | Built 1965    |  | 747,513   |  | Elder-Beerman, Sears, Lazarus, JCPenney                                               
|74. | Lincolnwood Town Center
Lincolnwood, IL |  | Fee                            |  | 100.0 |  | Built 1990    |  | 441,213   |  | JCPenney, Carson Pirie Scott                                                          
|75. | Lindale Mall(6)
Cedar Rapids, IA        |  | Fee                            |  | 50.0  |  | Acquired 1998 |  | 690,748   |  | Von Maur, Sears, Younkers                                                             
|76. | Livingston Mall
Livingston, NJ          |  | Fee                            |  | 100.0 |  | Acquired 1998 |  | 985,053   |  | Macy's, Sears, Lord & Taylor                                                          
|77. | Longview Mall
Longview, TX              |  | Fee                            |  | 100.0 |  | Built 1978    |  | 616,445   |  | Dillard's(3), JCPenney, Sears, Service Merchandise, Beall's                           
|78. | Machesney Park Mall
Rockford, IL        |  | Fee                            |  | 100.0 |  | Built 1979    |  | 555,351   |  | Seventh Avenue Direct, Bergners                                                       
|79. | Mall at Rockingham Park
Salem, NH       |  | Fee                            |  | 24.6  |  | Acquired 1999 |  | 1,020,236 |  | Macy's, Filene's, JCPenney, Sears                                                     
|80. | Mall of America
Minneapolis, MN         |  | Fee(13)                        |  | 27.5  |  | Acquired 1999 |  | 2,775,958 |  | Macy's, Bloomingdales, Nordstrom, Sears, Knott's Camp Snoopy                          
|    |                                         |  |                                |  |       |  |               |  |           |  |                                                                                       

14

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|81. | Mall of Georgia
Gwinnett County, GA  |  | Fee                     |  | 50.0  |  | Built 1999    |  | 1,780,906 |      | Lord & Taylor, Rich's, Dillard's, Galyan's, Haverty's, JCPenney, Nordstrom, Bed, Bath & Beyond
|--- | ------------------------------------ |  | ----------------------- |  | ----- |  | ------------- |  | --------- | ---- | ----------------------------------------------------------------------------------------------
|82. | Mall of New Hampshire
Manchester, NH |  | Fee                     |  | 49.1  |  | Acquired 1999 |  | 804,559   |      | Filene's, JCPenney, Sears                                                                     
|83. | Markland Mall
Kokomo, IN             |  | Ground Lease (2041)     |  | 100.0 |  | Built 1968    |  | 394,008   |      | Lazarus, Sears, Target                                                                        
|84. | McCain Mall
N. Little Rock, AR       |  | Ground Lease(14) (2032) |  | 100.0 |  | Built 1973    |  | 777,335   |      | Sears, Dillard's, JCPenney, M.M. Cohn                                                         
|85. | Melbourne Square
Melbourne, FL       |  | Fee                     |  | 100.0 |  | Built 1982    |  | 737,032   |      | Belk, Dillard's(3), JCPenney, Burdines                                                        
|86. | Memorial Mall
Sheboygan, WI          |  | Fee                     |  | 100.0 |  | Built 1969    |  | 416,572   |      | Kohl's, Sears                                                                                 
|87. | Menlo Park Mall
Edison, NJ           |  | Fee                     |  | 100.0 |  | Acquired 1997 |  | 1,293,458 | (15) | Macy's(3), Nordstrom                                                                          
|88. | Mesa Mall(6)
Grand Junction, CO      |  | Fee                     |  | 50.0  |  | Acquired 1998 |  | 856,258   |      | Sears, Herberger's, JCPenney, Target, Mervyn's                                                
|89. | Metrocenter
Phoenix, AZ              |  | Fee                     |  | 50.0  |  | Acquired 1998 |  | 1,369,722 |      | Macy's, Dillard's, Robinsons-May, JCPenney, Sears, Vans Skate Park                            
|90. | Miami International Mall
Miami, FL   |  | Fee                     |  | 60.0  |  | Built 1982    |  | 973,607   |      | Sears, Dillard's, JCPenney, Burdines(3)                                                       
|91. | Midland Park Mall
Midland, TX        |  | Fee                     |  | 100.0 |  | Built 1980    |  | 619,600   |      | Dillard's(3), JCPenney, Sears, Beall's                                                        
|92. | Miller Hill Mall
Duluth, MN          |  | Ground Lease (2008)     |  | 100.0 |  | Built 1973    |  | 728,773   |      | JCPenney, Sears, Younkers, Barnes & Noble, DSW Shoes                                          
|93. | Mounds Mall
Anderson, IN             |  | Ground Lease (2033)     |  | 100.0 |  | Built 1965    |  | 407,681   |      | Elder-Beerman, JCPenney, Sears                                                                
|94. | Muncie Mall
Muncie, IN               |  | Fee                     |  | 100.0 |  | Built 1970    |  | 658,018   |      | JCPenney, L.S. Ayres, Sears, Elder Beerman,(11)                                               
|95. | Nanuet Mall
Nanuet, NY               |  | Fee                     |  | 100.0 |  | Acquired 1998 |  | 915,030   |      | Macy's, Boscov(9), Sears                                                                      
|96. | North East Mall
Hurst, TX            |  | Fee                     |  | 100.0 |  | Built 1971    |  | 1,326,861 |      | Saks Fifth Avenue, Nordstrom, Dillard's, JCPenney, Ward, Sears, Foley's(9)                    
|    |                                      |  |                         |  |       |  |               |  |           |      |                                                                                               

15

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|97.  | North Towne Square
Toledo, OH     |  | Fee    |  | 100.0 |  | Built 1980    |  | 749,109   |      | Ward,(11)                                                   
|---- | --------------------------------- |  | ------ |  | ----- |  | ------------- |  | --------- | ---- | ------------------------------------------------------------
|98.  | Northfield Square
Bradley, IL     |  | Fee(8) |  | 31.6  |  | Built 1990    |  | 558,535   |      | Sears, JCPenney, Carson Pirie Scott(3)                      
|99.  | Northgate Mall
Seattle, WA        |  | Fee    |  | 100.0 |  | Acquired 1987 |  | 1,006,713 |      | Nordstrom, JCPenney, Gottschalk, The Bon Marche             
|100. | Northlake Mall
Atlanta, GA        |  | Fee    |  | 100.0 |  | Acquired 1998 |  | 961,919   |      | Parisian, Macy's, Sears, JCPenney                           
|101. | Northpark Mall
Davenport, IA      |  | Fee    |  | 50.0  |  | Acquired 1998 |  | 1,042,118 |      | Von Maur, Younkers, Ward, JCPenney, Sears, Barnes & Noble(9)
|102. | Northshore Mall
Peabody, MA       |  | Fee    |  | 49.1  |  | Acquired 1999 |  | 1,690,958 |      | Macy's, Filene's, JCPenney, Lord & Taylor, Sears            
|103. | Northwoods Mall
Peoria, IL        |  | Fee    |  | 100.0 |  | Acquired 1983 |  | 667,957   |      | Famous Barr, JCPenney, Sears                                
|104. | Oak Court Mall
Memphis, TN        |  | Fee    |  | 100.0 |  | Acquired 1997 |  | 852,315   | (16) | Dillard's(3), Goldsmith's                                   
|105. | Ocean County Mall
Toms River, NJ  |  | Fee    |  | 100.0 |  | Acquired 1998 |  | 871,827   |      | Macy's, JCPenney, Macy's, Sears                             
|106. | Orange Park Mall
Jacksonville, FL |  | Fee    |  | 100.0 |  | Acquired 1994 |  | 931,095   |      | Dillard's, JCPenney, Sears, Belk                            
|107. | Orland Square
Orland Park, IL     |  | Fee    |  | 100.0 |  | Acquired 1997 |  | 1,248,714 |      | JCPenney, Marshall Field, Sears, Carson Pirie Scott         
|108. | Paddock Mall
Ocala, FL            |  | Fee    |  | 100.0 |  | Built 1980    |  | 559,541   |      | JCPenney, Sears, Belk, Burdines                             

16

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|109. | Palm Beach Mall
West Palm Beach, FL           |  | Fee                            |  | 100.0 |  | Built 1967    |  | 1,217,508 |      | Dillard's, JCPenney, Sears, Lord & Taylor, Burdines, Borders Books & Music, DSW Shoes, MARS
|---- | --------------------------------------------- |  | ------------------------------ |  | ----- |  | ------------- |  | --------- | ---- | -------------------------------------------------------------------------------------------
|110. | Phipps Plaza
Atlanta, GA                      |  | Fee                            |  | 100.0 |  | Acquired 1998 |  | 821,514   |      | Lord & Taylor, Parisian, Saks Fifth Avenue                                                 
|111. | Port Charlotte Town Center
Port Charlotte, FL |  | Ground Lease (2064)(8)         |  | 80.0  |  | Built 1989    |  | 781,288   |      | Dillard's, Ward, JCPenney, Sears, Burdines                                                 
|112. | Prien Lake Mall
Lake Charles, LA              |  | Fee and Ground Lease(7) (2025) |  | 100.0 |  | Built 1972    |  | 812,475   |      | Dillards, JCPenney, Ward, Sears, The White House                                           
|113. | Raleigh Springs Mall
Memphis, TN              |  | Fee and Ground Lease(7) (2018) |  | 100.0 |  | Built 1979    |  | 900,593   |      | Dillard's, Sears, JCPenney, Goldsmith's                                                    
|114. | Randall Park Mall
Cleveland, OH               |  | Fee                            |  | 100.0 |  | Built 1976    |  | 1,569,911 |      | Dillard's, Kaufmann's, Sears, Burlington Coat Factory, Ohio Furniture Mart.com(11)         
|115. | Richardson Square
Dallas, TX                  |  | Fee                            |  | 100.0 |  | Built 1977    |  | 745,746   |      | Dillard's, Sears, Stein Mart, Ward, Ross Dress for Less, Barnes & Noble                    
|116. | Richmond Square
Richmond, IN                  |  | Fee                            |  | 100.0 |  | Built 1966    |  | 390,834   |      | Dillard's, JCPenney, Sears, Office Max                                                     
|117. | Richmond Town Square
Cleveland, OH            |  | Fee                            |  | 100.0 |  | Built 1966    |  | 1,021,696 |      | Sears, JCPenney, Kaufmann's, Barnes & Noble, Old Navy                                      
|118. | River Oaks Center
Calumet City, IL            |  | Fee                            |  | 100.0 |  | Acquired 1997 |  | 1,362,262 | (17) | Sears, JCPenney, Carson Pirie Scott, Marshall Field's                                      
|119. | Rockaway Townsquare
Rockaway, NJ              |  | Fee                            |  | 100.0 |  | Acquired 1998 |  | 1,240,800 |      | Macy's, Lord & Taylor, JCPenney, Sears                                                     
|120. | Rolling Oaks Mall
North San Antonio, TX       |  | Fee                            |  | 100.0 |  | Built 1988    |  | 755,934   |      | Sears, Dillard's, Foley's,                                                                 
|121. | Roosevelt Field Mall
Garden City, NY          |  | Ground Lease(7) (2090)         |  | 100.0 |  | Acquired 1998 |  | 2,174,482 |      | Macy's, Bloomingdale's, JCPenney, Nordstrom                                                
|     |                                               |  |                                |  |       |  |               |  |           |      |                                                                                            

17

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|122. | Ross Park Mall
Pittsburgh, PA                      |  | Fee |  | 100.0 |  | Built 1986    |  | 1,276,164 |  | Lazarus, JCPenney, Sears, Kaufmann's, Media Play, Designer Shoe Warehouse                     
|---- | -------------------------------------------------- |  | --- |  | ----- |  | ------------- |  | --------- |  | ----------------------------------------------------------------------------------------------
|123. | Rushmore Mall(6)
Rapid City, SD                    |  | Fee |  | 50.0  |  | Acquired 1998 |  | 833,791   |  | JCPenney, Sears, Herberger's, Hobby Lobby, Target                                             
|124. | St. Charles Towne Center
Waldorf, MD               |  | Fee |  | 100.0 |  | Built 1990    |  | 1,052,875 |  | Sears, JCPenney, Kohl's, Ward, Hecht's(3)                                                     
|125. | Santa Rosa Plaza
Santa Rosa, CA                    |  | Fee |  | 100.0 |  | Acquired 1998 |  | 695,577   |  | Macy's, Mervyn's, Sears                                                                       
|126. | Seminole Towne Center
Sanford, FL                  |  | Fee |  | 45.0  |  | Built 1995    |  | 1,153,226 |  | Dillard's, JCPenney, Parisian, Sears, Burdines                                                
|127. | Shops at Mission Viejo Mall, The
Mission Viejo, CA |  | Fee |  | 100.0 |  | Built 1979    |  | 1,085,701 |  | Macy's, Saks Fifth Avenue, RobinsonsMay, Nordstrom                                           
|128. | Smith Haven Mall
Lake Grove, NY                    |  | Fee |  | 25.0  |  | Acquired 1995 |  | 1,331,436 |  | Macy's, Sears, JCPenney                                                                       
|129. | Solomon Pond Mall
Marlborough, MA                  |  | Fee |  | 49.1  |  | Acquired 1999 |  | 880,815   |  | Filene's, Sears, JCPenney, Linens 'N Things                                                   
|130. | Source, The
Long Island, NY                        |  | Fee |  | 25.0  |  | Built 1997    |  | 729,485   |  | Off 5th-Saks Fifth Avenue, Fortunoff, Nordstrom Rack, Old Navy, Circuit City, Virgin Megastore
|131. | South Hills Village
Pittsburgh, PA                 |  | Fee |  | 100.0 |  | Acquired 1997 |  | 1,120,424 |  | Sears, Kaufmann's, Lazarus                                                                    
|132. | South Park Mall
Shreveport, LA                     |  | Fee |  | 100.0 |  | Built 1975    |  | 858,675   |  | Burlington Coat Factory, Stage, Ward(5)                                                       
|133. | South Shore Plaza
Braintree, MA                    |  | Fee |  | 100.0 |  | Acquired 1998 |  | 1,432,258 |  | Macy's, Filene's, Lord & Taylor, Sears                                                        
|134. | Southern Hills Mall(6)
Sioux City, IA              |  | Fee |  | 50.0  |  | Acquired 1998 |  | 752,286   |  | Younkers, Sears, Target                                                                       
|135. | Southern Park Mall
Youngstown, OH                  |  | Fee |  | 100.0 |  | Built 1970    |  | 1,202,675 |  | Dillard's, JCPenney, Sears, Kaufmann's                                                        
|136. | Southgate Mall
Yuma, AZ                            |  | Fee |  | 100.0 |  | Acquired 1988 |  | 321,564   |  | Sears, Dillard's, JCPenney, Hastings                                                          
|137. | SouthPark Mall
Moline, IL                          |  | Fee |  | 50.0  |  | Acquired 1998 |  | 1,034,687 |  | JCPenney, Ward, Younkers, Sears, Von Maur                                                     
|     |                                                    |  |     |  |       |  |               |  |           |  |                                                                                               

18

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|138. | SouthRidge Mall(6)
Des Moines, IA        |  | Fee                 |  | 50.0  |  | Acquired 1998 |  | 1,008,542 |  | Sears, Younkers, JCPenney, Target,(11)                                      
|---- | ---------------------------------------- |  | ------------------- |  | ----- |  | ------------- |  | --------- |  | ----------------------------------------------------------------------------
|139. | Square One Mall
Saugus, MA               |  | Fee                 |  | 49.1  |  | Acquired 1999 |  | 848,240   |  | Filene's, Sears, Service Merchandise, TJMaxx & More                         
|140. | Summit Mall
Akron, OH                    |  | Fee                 |  | 100.0 |  | Built 1965    |  | 698,372   |  | Dillard's(3), Kaufmann's                                                    
|141. | Sunland Park Mall
El Paso, TX            |  | Fee                 |  | 100.0 |  | Built 1988    |  | 923,317   |  | JCPenney, Mervyn's, Sears, Dillard's(3)                                     
|142. | Tacoma Mall
Tacoma, WA                   |  | Fee                 |  | 100.0 |  | Acquired 1987 |  | 1,265,579 |  | Nordstrom, Sears, JCPenney, The Bon Marche, Mervyn's                        
|143. | Tippecanoe Mall
Lafayette, IN            |  | Fee                 |  | 100.0 |  | Built 1973    |  | 861,379   |  | Lazarus, Sears, L.S. Ayres, JCPenney, Kohl's                                
|144. | Town Center at Boca Raton
Boca Raton, FL |  | Fee                 |  | 100.0 |  | Acquired 1998 |  | 1,501,384 |  | Lord & Taylor, Saks Fifth Avenue, Bloomingdale's, Sears, Burdines, Nordstrom
|145. | Town Center at Cobb
Atlanta, GA          |  | Fee                 |  | 50.0  |  | Acquired 1998 |  | 1,272,722 |  | Macy's, Parisian, Sears, JCPenney, Rich's                                   
|146. | Towne East Square
Wichita, KS            |  | Fee                 |  | 100.0 |  | Built 1975    |  | 1,090,464 |  | Dillard's, JCPenney, Sears, Von Maur(9), Steinmart                          
|147. | Towne West Square
Wichita, KS            |  | Fee                 |  | 100.0 |  | Built 1980    |  | 965,933   |  | Dillard's(3), Sears, JCPenney, Ward,(11)                                    
|148. | Treasure Coast Square
Jenson Beach, FL   |  | Fee                 |  | 100.0 |  | Built 1987    |  | 808,492   |  | Dillard's(3), Sears, JCPenney, Burdines                                     
|149. | Tyrone Square
St. Petersburg, FL         |  | Fee                 |  | 100.0 |  | Built 1972    |  | 1,128,154 |  | Dillard's, JCPenney, Sears, Borders, Burdines                               
|150. | University Mall
Little Rock, AR          |  | Ground Lease (2026) |  | 100.0 |  | Built 1967    |  | 565,450   |  | JCPenney, M.M. Cohn, Ward                                                   
|151. | University Mall
Pensacola, FL            |  | Fee                 |  | 100.0 |  | Acquired 1994 |  | 711,723   |  | JCPenney, Sears, McRae's                                                    
|152. | University Park Mall
South Bend, IN      |  | Fee                 |  | 60.0  |  | Built 1979    |  | 943,147   |  | LS Ayres, JCPenney, Sears, Marshall Fields                                  
|153. | Upper Valley Mall
Springfield, OH        |  | Fee                 |  | 100.0 |  | Built 1971    |  | 750,376   |  | Lazarus, JCPenney, Sears, Elder-Beerman                                     
|154. | Valle Vista Mall
Harlingen, TX           |  | Fee                 |  | 100.0 |  | Built 1983    |  | 656,341   |  | Dillard's, Mervyn's, Sears, JCPenney, Marshalls, Beall's                    
|     |                                          |  |                     |  |       |  |               |  |           |  |                                                                             

19

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|155. | Valley Mall
Harrisonburg, VA             |  | Fee                 |  | 50.0  |  | Acquired 1998 |  | 482,359   |  | JCPenney, Belk, Wal-Mart, Peebles                       
|---- | ---------------------------------------- |  | ------------------- |  | ----- |  | ------------- |  | --------- |  | --------------------------------------------------------
|156. | Virginia Center Commons
Richmond, VA     |  | Fee                 |  | 100.0 |  | Built 1991    |  | 788,012   |  | Dillard's(3), Hecht's, JCPenney, Sears                  
|157. | Walt Whitman Mall
Huntington Station, NY |  | Ground Rent (2012)  |  | 98.4  |  | Acquired 1998 |  | 1,030,093 |  | Macy's, Lord & Taylor, Bloomingdale's, Saks Fifth Avenue
|158. | Washington Square
Indianapolis, IN       |  | Fee                 |  | 100.0 |  | Built 1974    |  | 1,133,855 |  | L.S. Ayres, Lazarus, Target, Sears(11)                  
|159. | West Ridge Mall
Topeka, KS(18)           |  | Fee                 |  | 100.0 |  | Built 1988    |  | 1,040,736 |  | Dillard's, JCPenney, The Jones Store, Sears, Ward       
|160. | West Town Mall
Knoxville, TN             |  | Ground Lease (2042) |  | 50.0  |  | Acquired 1991 |  | 1,333,885 |  | Parisian, Dillard's, JCPenney, Proffitt's, Sears        
|161. | Westchester, The
White Plains, NY        |  | Fee                 |  | 40.0  |  | Acquired 1997 |  | 826,282   |  | Neiman Marcus, Nordstrom                                
|162. | Westminster Mall
Westminster, CA         |  | Fee                 |  | 100.0 |  | Acquired 1998 |  | 1,079,574 |  | Sears, JCPenney, Robinsons-May, Macy's(9)               
|163. | White Oaks Mall
Springfield, IL          |  | Fee                 |  | 77.0  |  | Built 1977    |  | 951,418   |  | Famous Barr(3), Ward, Sears, Bergner's                  
|164. | Windsor Park Mall
San Antonio, TX        |  | Fee                 |  | 100.0 |  | Built 1976    |  | 1,092,992 |  | Ward, Dillard's(11), JCPenney, Mervyn's                 
|165. | Woodville Mall
Toledo, OH                |  | Fee                 |  | 100.0 |  | Built 1969    |  | 771,461   |  | Sears, Elder-Beerman, Andersons,(11)                    
|     |                                          |  |                     |  |       |  |               |  |           |  |                                                         

20

---

|                             
|-----------------------------
|VALUE-ORIENTED REGIONAL MALLS
|1.                           
|2.                           
|3.                           
|4.                           
|                             

21

---

|5.                              | Ontario Mills(6)
Ontario, CA                       |  | Fee                         |  | 25.0  |   | Built 1996    |  | 1,596,096 |      | Off 5th-Saks Fifth Avenue Outlet, JCPenney Outlet, Burlington Coat Factory, Marshall's, Sports Authority, Dave & Busters, Group USA, T.J. Maxx, Foozles, Totally for Kids, Bed, Bath & Beyond, Off Rodeo, Mikasa, Virgin Megastore,
GameWorks
|------------------------------- | -------------------------------------------------- |  | --------------------------- |  | ----- | - | ------------- |  | --------- | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                               
|SPECIALTY RETAIL CENTERS        |                                                    |  |                             |  |       |  
|1.                              | Atrium Mall
Chestnut Hill, MA                      |  | Fee                         |  | 49.1  |   | Acquired 1999 |  | 214,754   |      | Border Books & Music, Cheesecake, Tiffany                                                                                                                                                                                                    
|2.                              | Orlando Premium Outlets(6)
Orlando, FL             |  | Fee                         |  | 50.0  |   | Built 2000    |  | 420,026   |      |                                                                                                                                                                                                                                             
|3.                              | The Forum Shops at Caesars
Las Vegas, NV           |  | Ground Lease (2050)         |  | (19   | ) | Built 1992    |  | 479,667   |      |                                                                                                                                                                                                                                             
|4.                              | The Shops at Sunset Place
Miami, FL                |  | Fee                         |  | 37.5  |   | Built 1999    |  | 503,722   |      | Niketown, Barnes & Noble, Gameworks, Virgin Megastore, Z Gallerie                                                                                                                                                                            
|5.                              | Trolley Square
Salt Lake City, UT                  |  | Fee                         |  | 90.0  |   | Acquired 1986 |  | 219,474   |      |                                                                                                                                                                                                                                             
|                               
|OFFICE AND MIXED-USE PROPERTIES |                                                    |  |                             |  |       |  
|1.                              | Fashion Centre at
Pentagon City, The
Arlington, VA |  | Fee                         |  | 21.0  |   | Built 1989    |  | 990,804   | (20) | Macy's, Nordstrom                                                                                                                                                                                                                            
|2.                              | New Orleans
Centre/CNG Tower
New Orleans, LA       |  | Fee and Ground Lease (2084) |  | 100.0 |   | Built 1988    |  | 1,047,913 | (21) | Macy's, Lord & Taylor                                                                                                                                                                                                                        
|3.                              | O'Hare International
Center
Rosemont, IL           |  | Fee                         |  | 100.0 |   | Built 1988    |  | 512,262   | (22) |                                                                                                                                                                                                                                             
|4.                              | Riverway
Rosemont, IL                              |  | Fee                         |  | 100.0 |   | Acquired 1991 |  | 817,289   | (23) |                                                                                                                                                                                                                                             

22

---



|COMMUNITY SHOPPING CENTERS |                                            |  |                                 |  |       | 
|-------------------------- | ------------------------------------------ |  | ------------------------------- |  | ----- | 
|1.                         | Arboretum, The
Austin, TX                  |  | Fee                             |  | 100.0 | 
|2.                         | Bloomingdale
Court
Bloomingdale, IL        |  | Fee                             |  | 100.0 | 
|3.                         | Boardman Plaza
Youngstown, OH              |  | Fee                             |  | 100.0 | 
|4.                         | Bridgeview Court
Bridgeview, IL            |  | Fee                             |  | 100.0 | 
|5.                         | Brightwood Plaza
Indianapolis, IN          |  | Fee                             |  | 100.0 | 
|6.                         | Celina Plaza
El Paso, TX                   |  | Fee and Ground Lease(24) (2027) |  | 100.0 | 
|7.                         | Century Mall
Merrillville, IN(25)          |  | Fee                             |  | 100.0 | 
|8.                         | Charles Towne Square
Charleston, SC        |  | Fee                             |  | 100.0 | 
|9.                         | Chesapeake Center
Chesapeake, VA           |  | Fee                             |  | 100.0 | 
|10.                        | Cobblestone Court
Victor, NY               |  | Fee and Ground Lease(10) (2038) |  | 35.0  | 
|11.                        | Countryside Plaza
Countryside, IL          |  | Fee and Ground Lease(10) (2058) |  | 100.0 | 
|12.                        | Crystal Court
Crystal Lake, IL             |  | Fee                             |  | 35.0  | 
|13.                        | Eastgate Consumer Mall
Indianapolis, IN    |  | Fee                             |  | 100.0 | 
|14.                        | Eastland Convenience Center
Evansville, IN |  | Ground Lease (2075)             |  | 50.0  | 
|15.                        | Eastland Plaza
Tulsa, OK                   |  | Fee                             |  | 100.0 | 
|                           |                                            |  |                                 |  |       | 

23

---

|16. | Empire East(6)
Sioux Falls, SD             |  | Fee                 |  | 50.0  |  | Acquired 1998 |  | 271,351 |  | Kohl's, Target                                                                                                 
|--- | ------------------------------------------ |  | ------------------- |  | ----- |  | ------------- |  | ------- |  | ---------------------------------------------------------------------------------------------------------------
|17. | Fairfax Court
Fairfax, VA                  |  | Fee                 |  | 26.3  |  | Built 1992    |  | 258,738 |  | Burlington Coat Factory, Circuit City Superstore, Today's Man                                                  
|18. | Forest Plaza
Rockford, IL                  |  | Fee                 |  | 100.0 |  | Built 1985    |  | 435,404 |  | Kohl's, Marshalls, Media Play, Michael's, Factory Card Outlet, Office Max, T.J. Maxx, Bed, Bath & Beyond, Petco
|19. | Fox River Plaza
Elgin, IL                  |  | Fee                 |  | 100.0 |  | Built 1985    |  | 324,873 |  | Big Lots, Builders Square(5), Kmart,(11)                                                                       
|20. | Gaitway Plaza
Ocala, FL                    |  | Fee                 |  | 23.3  |  | Built 1989    |  | 229,973 |  | Ward, Books-A-Million, Office Depot, T.J. Maxx                                                                 
|21. | Glen Burnie Mall
Glen Burnie, MD           |  | Fee                 |  | 100.0 |  | Built 1963    |  | 455,112 |  | Ward, Toys "R" Us, Best Buy, Dick's Clothing & Sporting Goods                                                  
|22. | Great Lakes Plaza
Cleveland, OH            |  | Fee                 |  | 100.0 |  | Built 1976    |  | 164,104 |  | Circuit City, Best Buy, Michael's, Cost Plus World Market                                                      
|23. | Great Northeast Plaza
Philadelphia, PA     |  | Fee                 |  | 50.0  |  | Acquired 1989 |  | 298,242 |  | Sears, Phar Mor                                                                                                
|24. | Greenwood Plus
Greenwood, IN               |  | Fee                 |  | 100.0 |  | Built 1979    |  | 173,481 |  | Best Buy, Kohl's                                                                                               
|25. | Griffith Park Plaza
Griffith, IN           |  | Ground Lease (2060) |  | 100.0 |  | Built 1979    |  | 274,230 |  | Kmart, Service Merchandise,(11)                                                                                
|26. | Grove at Lakeland
Square, The
Lakeland, FL |  | Fee                 |  | 100.0 |  | Built 1988    |  | 215,591 |  | Sports Authority                                                                                               
|27. | Highland Lakes Center
Orlando, FL          |  | Fee                 |  | 100.0 |  | Built 1991    |  | 478,014 |  | Target, Marshalls, Bed, Bath & Beyond, Foods Festival, Ross Dress for Less, Office Max                         
|28. | Indian River Commons
Vero Beach, FL        |  | Fee                 |  | 50.0  |  | Built 1997    |  | 264,690 |  | HomePlace, Lowe's, Office Max,(11)                                                                             
|29. | Ingram Plaza
San Antonio, TX               |  | Fee                 |  | 100.0 |  | Built 1980    |  | 111,518 |  |                                                                                                               
|30. | Keystone Shoppes
Indianapolis, IN          |  | Ground Lease (2067) |  | 100.0 |  | Acquired 1997 |  | 29,140  |  |                                                                                                               
|    |                                            |  |                     |  |       |  |               |  |         |  |                                                                                                                

24

---

|31. | Knoxville Commons
Knoxville, TN              |  | Fee                |  | 100.0 |  | Built 1987 |  | 180,355 |  | Office Max, Trees 'N Trends, Circuit City                                                                                                    
|--- | -------------------------------------------- |  | ------------------ |  | ----- |  | ---------- |  | ------- |  | ---------------------------------------------------------------------------------------------------------------------------------------------
|32. | Lake Plaza
Waukegan, IL                      |  | Fee                |  | 100.0 |  | Built 1986 |  | 218,208 |  | Pic 'N Save, Home Owners Buyer's Outlet,(11)                                                                                                 
|33. | Lake View Plaza
Orland Park, IL              |  | Fee                |  | 100.0 |  | Built 1986 |  | 382,019 |  | Service Merchandise, Best Buy(3), Marshalls, Ulta Cosmetics, Factory Card Outlet, Golf Galaxy, Linens-N-Things(3), Pet Care Plus,(11)        
|34. | Lakeline Plaza
Austin, TX                    |  | Fee                |  | 100.0 |  | Built 1998 |  | 344,675 |  | Old Navy, Best Buy, Cost Plus World Market, Linens-N-Things, Office Max, Petsmart, Ross Dress for Less, T.J. Maxx, Party City, Ulta Cosmetics
|35. | Lima Center
Lima, OH                         |  | Fee                |  | 100.0 |  | Built 1978 |  | 201,154 |  | AMES, Hobby Lobby                                                                                                                            
|36. | Lincoln Crossing
O'Fallon, IL                |  | Fee                |  | 100.0 |  | Built 1990 |  | 161,337 |  | Wal-Mart, PetsMart                                                                                                                           
|37. | Mainland Crossing
Galveston, TX              |  | Fee(8)             |  | 80.0  |  | Built 1991 |  | 390,987 |  | Hobby Lobby, Sam's Club, Wal-Mart                                                                                                            
|38. | Mall of Georgia Crossing
Gwinnett County, GA |  | Fee                |  | 50.0  |  | Built 1999 |  | 440,452 |  | Target, Nordstrom Rack, Best Buy, Staples, T.J. Maxx N More, Dekor                                                                           
|39. | Markland Plaza
Kokomo, IN                    |  | Fee                |  | 100.0 |  | Built 1974 |  | 111,166 |  | Spiece,(11)                                                                                                                                  
|40. | Martinsville Plaza
Martinsville, VA          |  | Space Lease (2036) |  | 100.0 |  | Built 1967 |  | 102,105 |  | Rose's                                                                                                                                       
|41. | Matteson Plaza
Matteson, IL                  |  | Fee                |  | 100.0 |  | Built 1988 |  | 274,805 |  | Service Merchandise, Dominick's, Michael's Arts & Crafts, Value City                                                                         
|42. | Memorial Plaza
Sheboygan, WI                 |  | Fee                |  | 100.0 |  | Built 1966 |  | 141,177 |  | Office Max,(11)                                                                                                                              
|43. | Mounds Mall Cinema
Anderson, IN              |  | Fee                |  | 100.0 |  | Built 1974 |  | 7,500   |  |                                                                                                                                             
|44. | Muncie Plaza
Muncie, IN                      |  | Fee                |  | 100.0 |  | Built 1998 |  | 172,651 |  | Kohl's, Office Max, Shoe Carnival, T.J. Maxx                                                                                                 
|45. | New Castle Plaza
New Castle, IN              |  | Fee                |  | 100.0 |  | Built 1966 |  | 91,648  |  | Goody's                                                                                                                                      
|    |                                              |  |                    |  |       |  |            |  |         |  |                                                                                                                                              

25

---

|46. | North Ridge Plaza
Joliet, IL                   |  | Fee                            |  | 100.0 |  | Built 1985    |  | 367,282 |  | Service Merchandise, Best Buy, Cub Foods, Hobby Lobby, Office Max                                                               
|--- | ---------------------------------------------- |  | ------------------------------ |  | ----- |  | ------------- |  | ------- |  | --------------------------------------------------------------------------------------------------------------------------------
|47. | North Riverside Park Plaza
North Riverside, IL |  | Fee                            |  | 100.0 |  | Built 1977    |  | 119,608 |  | Dominick's                                                                                                                      
|48. | Northland Plaza
Columbus, OH                   |  | Fee and Ground Lease(7) (2085) |  | 100.0 |  | Built 1988    |  | 209,534 |  | Marshalls, Phar-Mor, Hobby Lobby                                                                                                
|49. | Northwood Plaza
Fort Wayne, IN                 |  | Fee                            |  | 100.0 |  | Built 1974    |  | 209,374 |  | Target, Cinema Grill,(11)                                                                                                       
|50. | Park Plaza
Hopkinsville, KY                    |  | Fee and Ground Lease(7) (2039) |  | 100.0 |  | Built 1968    |  | 115,024 |  | Wal-Mart(5)                                                                                                                     
|51. | Plaza at Buckland Hills, The
Manchester, CT    |  | Fee                            |  | 35.0  |  | Built 1993    |  | 334,491 |  | Toys "R" Us, Jo-Ann Etc., Kids "R" Us, Service Merchandise, Comp USA, Linens-N-Thing's, Party City, The Floor Store, Pay Half   
|52. | Regency Plaza
St. Charles, MO                  |  | Fee                            |  | 100.0 |  | Built 1988    |  | 287,526 |  | Wal-Mart, Sam's Wholesale, Bed,                                                                                                 
|53. | Ridgewood Court
Jackson, MS                    |  | Fee                            |  | 35.0  |  | Built 1993    |  | 240,820 |  | T.J. Maxx, Service Merchandise, Bed, Bath & Beyond, Best Buy, Marshall's(11)                                                    
|54. | Rockaway Convenience Center
Rockaway, NJ       |  | Fee                            |  | 100.0 |  | Acquired 1998 |  | 135,309 |  | Kids "R" Us, AMCE Grocery                                                                                                       
|55. | Royal Eagle Plaza
Coral Springs, FL            |  | Fee                            |  | 35.0  |  | Built 1989    |  | 198,986 |  | Kmart, Stein Mart                                                                                                               
|56. | Shops at Northeast Mall, The
Hurst, TX         |  | Fee                            |  | 100.0 |  | Built 1999    |  | 364,750 |  | Old Navy, Nordstrom Rack, Bed, Bath & Beyond, Office Max, Michael's, Petsmart, T.J. Maxx, Ulta Cosmectics, Best Buy, Zany Brainy
|57. | St. Charles Towne Plaza
Waldorf, MD            |  | Fee                            |  | 100.0 |  | Built 1987    |  | 404,949 |  | Value City Furniture, T.J. Maxx, Ames, Jo Ann Fabrics, CVS, Shoppers Food Warehouse,(11)                                        
|58. | Teal Plaza
Lafayette, IN                       |  | Fee                            |  | 100.0 |  | Built 1962    |  | 101,087 |  | Circuit City, Hobby-Lobby, The Pep Boys                                                                                         
|    |                                                |  |                                |  |       |  |               |  |         |  |                                                                                                                                 

26

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|59. | Terrace at The Florida Mall
Orlando, FL |  | Fee                 |  | 100.0 |  | Built 1989 |  | 332,980 |  | Marshalls, Service Merchandise, Target, Home Place,(11)                                                                   
|--- | --------------------------------------- |  | ------------------- |  | ----- |  | ---------- |  | ------- |  | --------------------------------------------------------------------------------------------------------------------------
|60. | Tippecanoe Plaza
Lafayette, IN          |  | Fee                 |  | 100.0 |  | Built 1974 |  | 94,598  |  | Best Buy, Barnes & Noble                                                                                                  
|61. | University Center
South Bend, IN        |  | Fee                 |  | 60.0  |  | Built 1980 |  | 150,548 |  | Best Buy, Michaels, Service Merchandise                                                                                   
|62. | Village Park Plaza
Westfield, IN        |  | Fee                 |  | 35.0  |  | Built 1990 |  | 528,051 |  | Wal-Mart, Galyan's, Frank's Nursery, Kohl's, Marsh                                                                        
|63. | Wabash Village
West Lafayette, IN       |  | Ground Lease (2063) |  | 100.0 |  | Built 1970 |  | 124,748 |  | Kmart                                                                                                                     
|64. | Washington Plaza
Indianapolis, IN       |  | Fee                 |  | 100.0 |  | Built 1976 |  | 50,107  |  | Kids "R" Us                                                                                                               
|65. | Waterford Lakes Town Center
Orlando, FL |  | Fee                 |  | 100.0 |  | Built 1999 |  | 802,308 |  | Super Target, T.J. Maxx, Barnes & Noble, Ross Dress for Less, Petsmart, Bed, Bath & Beyond, Old Navy, Best Buy, Office Max
|66. | West Ridge Plaza
Topeka, KS             |  | Fee                 |  | 100.0 |  | Built 1988 |  | 237,729 |  | Target, T.J. Maxx, Toys "R" Us,                                                                                           
|67. | West Town Corners
Altamonte Springs, FL |  | Fee                 |  | 23.3  |  | Built 1989 |  | 385,196 |  | Wal-Mart, Service Merchandise, Sports Authority, PetsMart, Winn Dixie                                                     
|68. | Westland Park Plaza
Orange Park, FL     |  | Fee                 |  | 23.3  |  | Built 1989 |  | 163,154 |  | Burlington Coat Factory, PetsMart, Sports Authority, Sound Advice                                                         
|69. | White Oaks Plaza
Springfield, IL        |  | Fee                 |  | 100.0 |  | Built 1986 |  | 400,303 |  | Kohl's, Kids "R" Us, Office Max, T.J. Maxx, Toys "R" Us, Cub Foods                                                        
|70. | Wichita Mall
Wichita, KS                |  | Ground Lease (2022) |  | 100.0 |  | Built 1969 |  | 379,457 |  | Ward, Office Max,(11)                                                                                                     
|71. | Willow Knolls Court
Peoria, IL          |  | Fee                 |  | 35.0  |  | Built 1990 |  | 382,377 |  | Kohl's, Phar-Mor, Sam's Wholesale Club                                                                                    
|72. | Wood Plaza
Fort Dodge, IA               |  | Ground Lease (2045) |  | 100.0 |  | Built 1968 |  | 94,993  |  | Country General                                                                                                           
|73. | Yards Plaza, The
Chicago, IL            |  | Fee                 |  | 35.0  |  | Built 1990 |  | 273,054 |  | Burlington Coat Factory, Ward, Value City                                                                                 
|    |                                         |  |                     |  |       |  |            |  |         |  |                                                                                                                           

27

---

|                             
|-----------------------------
|PROPERTIES UNDER CONSTRUCTION
|1.                           
|2.                           

28

---

Footnotes:

29

---



Simon Group has direct or indirect ownership interests in eleven parcels of land held for future development, containing an aggregate of approximately 772
acres located in eight states. In addition, Simon Group, through the Management Company, has interests in two parcels of land totaling 243 acres, which were previously held for development, but are
now being marketed for sale.



At certain of the Properties held as joint-ventures, Simon Group and its partners each have rights of first refusal, subject to certain conditions, to acquire
additional ownership in the Property should the other partner decide to sell its ownership interest. In addition, certain of the Properties held as joint ventures contain "buy-sell"
provisions, which gives the partners the right to trigger a purchase or sale of ownership interest amongst the partners.



The following table sets forth certain information regarding the mortgages and other debt encumbering the Properties. Substantially all of the mortgage and
property related debt is nonrecourse, although certain Unitholders have guaranteed a portion of the property related debt in the aggregate amount of $618.7 million.

30

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MORTGAGE AND OTHER DEBT ON PORTFOLIO PROPERTIES  (Dollars in thousands)

|Property Name                       |                      | (50)
Interest
Rate |       | Face Amount
at 12/31/2000 |         | Annual Debt
Service |        | Maturity
Date |           
|----------------------------------- | -------------------- | ------------------ | ----- | ------------------------- | ------- | ------------------- | ------ | ------------- | ----------
|Combined Consolidated Indebtedness: |                      |                    |       |                           |         |                     |        |               |           
|                                    | Secured Indebtedness |                    |       |                           |         |                     |        |               |           
|Simon Property Group, L.P.:         |                      |                    |       |                           |         |                     |        |               |           
|Anderson Mall1(1)                  |                      | 6.57               | %     |                           | 19,000  |                     | 1,248  | (2)           | 3/15/2003 
|Anderson Mall2(1)                  |                      | 7.01               | %     |                           | 8,500   |                     | 596    | (2)           | 3/15/2003 
|Arboretum                           |                      | 8.15               | %(3)  |                           | 34,000  |                     | 2,770  | (2)           | 11/30/2003
|Arsenal Mall1                      |                      | 6.75               | %     |                           | 34,268  |                     | 2,808  |               | 9/28/2008 
|Arsenal Mall2                      |                      | 8.20               | %     |                           | 2,164   |                     | 286    |               | 5/15/2016 
|Battlefield Mall1                  |                      | 7.50               | %     |                           | 46,373  |                     | 4,765  |               | 1/1/2004  
|Battlefield Mall2                  |                      | 6.81               | %     |                           | 44,053  |                     | 3,524  |               | 1/1/2004  
|Biltmore Square                     |                      | 7.95               | %     |                           | 26,000  |                     | 2,067  | (2)           | 12/11/2010
|Bloomingdale Court(5)               |                      | 7.78               | %     |                           | 29,617  |                     | 2,578  |               | 10/1/2009 
|Bowie Mall                          |                      | 8.15               | %(3)  |                           | 8,657   |                     | 705    | (2)           | 12/14/2003
|Brunswick Square                    |                      | 8.15               | %(3)  |                           | 45,000  |                     | 3,666  | (2)           | 6/12/2005 
|Century III Mall                    |                      | 6.78               | %     |                           | 66,000  |                     | 4,475  | (2)           | 7/1/2003  
|Chesapeake Center                   |                      | 8.44               | %     |                           | 6,563   |                     | 554    | (2)           | 5/15/2015 
|Chesapeake Square                   |                      | 7.28               | %     |                           | 45,207  |                     | 4,883  |               | 7/1/2001  
|Cielo Vista Mall1(6)               |                      | 9.38               | %     |                           | 53,753  |                     | 5,828  |               | 5/1/2007  
|Cielo Vista Mall2(6)               |                      | 8.13               | %     |                           | 1,501   |                     | 376    |               | 11/1/2005 
|Cielo Vista Mall3(6)               |                      | 6.76               | %     |                           | 38,140  |                     | 3,039  |               | 5/1/2007  
|CMBS LoanFixed Component(7)        |                      | 7.31               | %     |                           | 175,000 |                     | 12,790 | (2)           | 12/15/2004
|CMBS LoanVariable Component(7)     |                      | 6.16               | %(8)  |                           | 50,000  |                     | 3,078  | (2)           | 12/15/2004
|College Mall1(9)                   |                      | 7.00               | %     |                           | 40,568  |                     | 3,908  |               | 1/1/2009  
|College Mall2(9)                   |                      | 6.76               | %     |                           | 11,747  |                     | 935    |               | 1/1/2009  
|Columbia Center                     |                      | 7.62               | %     |                           | 42,326  |                     | 3,225  | (2)           | 3/15/2002 
|Crystal River                       |                      | 7.63               | %     |                           | 16,288  |                     | 1,385  |               | 11/11/2010
|Eastland Mall (OK)(12)              |                      | 6.81               | %     |                           | 15,000  |                     | 1,022  | (2)           | 3/15/2003 
|Forest Mall1(12)                   |                      | 6.57               | %     |                           | 12,800  |                     | 841    | (2)           | 3/15/2003 
|Forest Mall2(12)                   |                      | 6.81               | %     |                           | 2,750   |                     | 187    | (2)           | 3/15/2003 
|Forest Plaza(5)                     |                      | 7.78               | %     |                           | 16,244  |                     | 1,414  |               | 10/1/2009 
|Forest Village Park Mall1(1)       |                      | 6.57               | %     |                           | 20,600  |                     | 1,353  | (2)           | 3/15/2003 
|Forest Village Park Mall2(1)       |                      | 7.01               | %     |                           | 1,250   |                     | 88     | (2)           | 3/15/2003 
|Forum Phase IClass A-1             |                      | 7.13               | %     |                           | 46,996  |                     | 3,348  | (2)           | 5/15/2004 
|Forum Phase IClass A-2             |                      | 6.19               | %(13) |                           | 44,386  |                     | 2,747  | (2)           | 5/15/2004 
|Forum Phase IIClass A-1            |                      | 7.13               | %     |                           | 43,004  |                     | 3,064  | (2)           | 5/15/2004 
|Forum Phase IIClass A-2            |                      | 6.19               | %(13) |                           | 40,614  |                     | 2,514  | (2)           | 5/15/2004 
|Golden Ring Mall(12)                |                      | 6.57               | %     |                           | 29,750  |                     | 1,955  | (2)           | 3/15/2003 
|Great Lakes Mall1                  |                      | 6.74               | %     |                           | 52,632  |                     | 3,547  | (2)           | 3/1/2001  
|Great Lakes Mall2                  |                      | 7.07               | %     |                           | 8,489   |                     | 600    | (2)           | 3/1/2001  
|Greenwood Park Mall1(9)            |                      | 7.00               | %     |                           | 33,977  |                     | 3,273  |               | 1/1/2009  
|Greenwood Park Mall2(9)            |                      | 6.76               | %     |                           | 60,696  |                     | 4,831  |               | 1/1/2009  
|Grove at Lakeland Square, The       |                      | 8.44               | %     |                           | 3,750   |                     | 317    | (2)           | 5/15/2015 
|Gulf View Square                    |                      | 8.25               | %     |                           | 36,447  |                     | 3,652  |               | 10/1/2006 
|Highland Lakes Center               |                      | 8.15               | %(3)  |                           | 14,377  |                     | 1,171  | (2)           | 3/1/2002  

31

---

|Hutchinson Mall1(12)        |  | 8.44  | %     |  | 11,242  |  | 1,104  |     | 3/15/2003  | (4)
|---------------------------- |  | ----- | ----- |  | ------- |  | ------ | --- | ---------- | ---
|Hutchinson Mall2(12)        |  | 6.81  | %     |  | 4,500   |  | 306    | (2) | 3/15/2003  | (4)
|Jefferson Valley Mall        |  | 7.90  | %(14) |  | 60,000  |  | 4,738  | (2) | 1/11/2004  | (4)
|Keystone at the Crossing     |  | 7.85  | %     |  | 62,894  |  | 5,642  |     | 7/1/2027   |    
|Lake View Plaza(5)           |  | 7.78  | %     |  | 21,593  |  | 1,880  |     | 10/1/2009  |    
|Lakeline Mall                |  | 7.65  | %     |  | 71,373  |  | 6,295  |     | 5/1/2007   |    
|Lakeline Plaza(5)            |  | 7.78  | %     |  | 23,673  |  | 2,061  |     | 10/1/2009  |    
|Lima Mall1                  |  | 7.12  | %     |  | 14,180  |  | 1,010  | (2) | 3/1/2002   |    
|Lima Mall2                  |  | 7.12  | %     |  | 4,723   |  | 336    | (2) | 3/1/2002   |    
|Lincoln Crossing(5)          |  | 7.78  | %     |  | 3,269   |  | 285    |     | 10/1/2009  |    
|Longview Mall1(1)           |  | 6.57  | %     |  | 22,100  |  | 1,452  | (2) | 3/15/2003  | (4)
|Longview Mall2(1)           |  | 7.01  | %     |  | 5,500   |  | 386    | (2) | 3/15/2003  | (4)
|Mainland Crossing            |  | 8.15  | %(3)  |  | 1,603   |  | 131    | (2) | 3/31/2002  |    
|Markland Mall(12)            |  | 6.57  | %     |  | 10,000  |  | 657    | (2) | 3/15/2003  | (4)
|Matteson Plaza(5)            |  | 7.78  | %     |  | 9,509   |  | 828    |     | 10/1/2009  |    
|McCain Mall1(6)             |  | 9.38  | %     |  | 25,100  |  | 2,721  |     | 5/1/2007   |    
|McCain Mall2(6)             |  | 6.76  | %     |  | 17,604  |  | 1,402  |     | 5/1/2007   |    
|Melbourne Square             |  | 7.42  | %     |  | 38,362  |  | 3,374  |     | 2/1/2005   |    
|Miami International Mall     |  | 6.91  | %     |  | 45,316  |  | 3,758  |     | 12/21/2003 |    
|Midland Park Mall1(12)      |  | 6.57  | %     |  | 22,500  |  | 1,478  | (2) | 3/15/2003  | (4)
|Midland Park Mall2(12)      |  | 6.81  | %     |  | 5,500   |  | 375    | (2) | 3/15/2003  | (4)
|Muncie Plaza(5)              |  | 7.78  | %     |  | 8,221   |  | 716    |     | 10/1/2009  |    
|Net Lease (Atlanta)          |  | 8.00  | %     |  | 667     |  | 263    |     | 12/1/2002  |    
|Net Lease (Chattanooga)      |  | 6.80  | %     |  | 387     |  | 274    |     | 5/31/2002  |    
|North East Mall              |  | 8.02  | %(15) |  | 135,761 |  | 10,890 | (2) | 5/20/2004  | (4)
|North Riverside Park Plaza1 |  | 9.38  | %     |  | 3,679   |  | 452    |     | 9/1/2002   |    
|North Riverside Park Plaza2 |  | 10.00 | %     |  | 3,543   |  | 420    |     | 9/1/2002   |    
|North Towne Square(12)       |  | 6.57  | %     |  | 23,500  |  | 1,544  | (2) | 3/15/2003  | (4)
|Northgate Shopping Center    |  | 7.62  | %     |  | 79,035  |  | 6,022  | (2) | 3/15/2002  |    
|Orland Square                |  | 7.74  | %(16) |  | 50,000  |  | 3,871  | (2) | 9/1/2001   |    
|Paddock Mall                 |  | 8.25  | %     |  | 28,988  |  | 2,905  |     | 10/1/2006  |    
|Palm Beach Mall              |  | 7.50  | %     |  | 48,282  |  | 4,803  |     | 12/15/2002 |    
|Port Charlotte Town Center   |  | 7.98  | %     |  | 53,250  |  | 4,249  | (2) | 12/11/2010 |    
|Raleigh Springs Mall         |  | 8.30  | %(47) |  | 11,000  |  | 913    | (2) | 2/23/2003  |    
|Randall Park Mall1          |  | 9.75  | %(46) |  | 35,000  |  | 3,411  | (2) | 12/11/2001 | (4)
|Randall Park Mall2          |  | 11.65 | %(46) |  | 5,000   |  | 582    | (2) | 12/11/2001 | (4)
|Regency Plaza(5)             |  | 7.78  | %     |  | 4,457   |  | 388    |     | 10/1/2009  |    
|Richmond Towne Square        |  | 7.65  | %(11) |  | 56,851  |  | 4,347  | (2) | 7/15/2003  | (4)
|River Oaks Center            |  | 8.67  | %     |  | 32,500  |  | 2,818  | (2) | 6/1/2002   |    
|Shops @ Mission Viejo        |  | 7.80  | %(17) |  | 141,314 |  | 11,017 | (2) | 8/31/2003  | (4)
|South Park Mall1(1)         |  | 7.25  | %     |  | 19,194  |  | 1,717  |     | 3/15/2003  | (4)
|South Park Mall2(1)         |  | 7.01  | %     |  | 6,799   |  | 570    |     | 3/15/2003  | (4)
|St. Charles Towne Plaza(5)   |  | 7.78  | %     |  | 28,527  |  | 2,483  |     | 10/1/2009  |    
|Sunland Park Mall(18)        |  | 8.63  | %     |  | 38,710  |  | 3,773  |     | 1/1/2026   |    
|Tacoma Mall                  |  | 7.62  | %     |  | 92,474  |  | 7,047  | (2) | 3/15/2002  |    
|Terrace at Florida Mall, The |  | 8.44  | %     |  | 4,688   |  | 396    | (2) | 5/15/2015  |    
|Tippecanoe Mall1(9)         |  | 8.45  | %     |  | 44,649  |  | 4,647  |     | 1/1/2005   |    
|Tippecanoe Mall2(9)         |  | 6.81  | %     |  | 15,666  |  | 1,253  |     | 1/1/2005   |    

32

---

|Towne East Square1(9)  |                                                  | 7.00 | %     |  | 53,638 |           | 5,167 |     | 1/1/2009  |    
|----------------------- | ------------------------------------------------ | ---- | ----- |  | ------ | --------- | ----- | --- | --------- | ---
|Towne East Square2(9)  |                                                  | 6.81 | %     |  | 24,478 |           | 1,958 |     | 1/1/2009  |    
|Treasure Coast Square1 |                                                  | 7.42 | %     |  | 51,575 |           | 4,714 |     | 1/1/2006  |    
|Treasure Coast Square2 |                                                  | 8.06 | %     |  | 11,892 |           | 1,063 |     | 1/1/2006  |    
|Trolley Square          |                                                  | 9.03 | %     |  | 29,700 |           | 2,880 |     | 8/1/2010  |    
|University Park Mall    |                                                  | 7.43 | %     |  | 59,500 |           | 4,421 | (2) | 10/1/2007 |    
|Valle Vista Mall1(6)   |                                                  | 9.38 | %     |  | 33,243 |           | 3,604 |     | 5/1/2007  |    
|Valle Vista Mall2(6)   |                                                  | 6.81 | %     |  | 7,826  |           | 626   |     | 5/1/2007  |    
|Waterford Lakes         |                                                  | 8.05 | %(20) |  | 56,998 |           | 4,586 | (2) | 8/15/2004 | (4)
|West Ridge Plaza(5)     |                                                  | 7.78 | %     |  | 5,745  |           | 500   |     | 10/1/2009 |    
|White Oaks Mall         |                                                  | 8.39 | %(21) |  | 16,500 |           | 1,385 | (2) | 3/1/2001  |    
|White Oaks Plaza(5)     |                                                  | 7.78 | %     |  | 17,532 |           | 1,526 |     | 10/1/2009 |    
|Windsor Park Mall1     |                                                  | 8.00 | %     |  | 5,610  |           | 544   |     | 3/1/2001  |    
|Windsor Park Mall2     |                                                  | 8.00 | %     |  | 8,625  |           | 811   |     | 5/1/2012  |    
|                        |                                                  |      |       |  |        |           |       |     |          
|                        | Total Combined Consolidated Secured Indebtedness |      |       |  | $      | 3,164,032 |       |     |           |    

33

---



|Unsecured Indebtedness                  |                                                          |      |       |  |           |           |        |      |            |    
|--------------------------------------- | -------------------------------------------------------- | ---- | ----- |  | --------- | --------- | ------ | ---- | ---------- | ---
|Simon Property Group, L.P.:             |                                                          |      |       |  |           |           |        |      |            |    
|CPI Merger Facility2 (1.4B)            |                                                          | 7.30 | %     |  | 450,000   |           | 32,833 | (2)  | 3/24/2001  |    
|CPI Merger Facility3 (1.4B)            |                                                          | 7.30 | %     |  | 475,000   |           | 34,657 | (2)  | 9/24/2001  |    
|Medium Term Notes1                     |                                                          | 7.13 | %     |  | 100,000   |           | 7,125  | (22) | 6/24/2005  |    
|Medium Term Notes2                     |                                                          | 7.13 | %     |  | 180,000   |           | 12,825 | (22) | 9/20/2007  |    
|Putable Asset Trust Securities          |                                                          | 6.75 | %     |  | 100,000   |           | 6,750  | (22) | 11/15/2003 |    
|Simon ERE FacilitySwap component       |                                                          | 7.75 | %(37) |  | 28,200    |           | 2,186  | (2)  | 7/31/2004  | (4)
|Simon ERE FacilityVariable component   |                                                          | 7.25 | %(38) |  | 4,992     |           | 362    | (2)  | 7/31/2004  | (4)
|SPG, L.P. Unsecured Loan1              |                                                          | 7.45 | %     |  | 150,000   |           | 11,169 | (2)  | 2/28/2002  | (4)
|SPG, L.P. Unsecured Loan3              |                                                          | 7.65 | %     |  | 22,929    |           | 1,753  | (2)  | 3/30/2002  | (4)
|Unsecured Notes1                       |                                                          | 6.88 | %     |  | 250,000   |           | 17,188 | (22) | 11/15/2006 |    
|Unsecured Notes2A                      |                                                          | 6.75 | %     |  | 100,000   |           | 6,750  | (22) | 7/15/2004  |    
|Unsecured Notes2B                      |                                                          | 7.00 | %     |  | 150,000   |           | 10,500 | (22) | 7/15/2009  |    
|Unsecured Notes3                       |                                                          | 6.88 | %     |  | 150,000   |           | 10,313 | (22) | 10/27/2005 |    
|Unsecured Notes4A                      |                                                          | 6.63 | %     |  | 375,000   |           | 24,844 | (22) | 6/15/2003  |    
|Unsecured Notes4B                      |                                                          | 6.75 | %     |  | 300,000   |           | 20,250 | (22) | 6/15/2005  |    
|Unsecured Notes4C                      |                                                          | 7.38 | %     |  | 200,000   |           | 14,750 | (22) | 6/15/2018  |    
|Unsecured Notes5A                      |                                                          | 6.75 | %     |  | 300,000   |           | 20,250 | (22) | 2/9/2004   |    
|Unsecured Notes5B                      |                                                          | 7.13 | %     |  | 300,000   |           | 21,375 | (22) | 2/9/2009   |    
|Unsecured Revolving Credit Facility     |                                                          | 7.30 | %(24) |  | 645,000   |           | 47,061 | (2)  | 8/25/2003  |    
|Mandatory Par Put Remarketed Securities |                                                          | 7.00 | %(26) |  | 200,000   |           | 14,000 | (22) | 6/15/2008  |    
|                                        |                                                          |      |       |  |           |           |        |      |           
|                                        |                                                          |      |       |  | 4,481,121 |           |        |      |            |    
|Shopping Center Associates:             |                                                          |      |       |  |           |           |        |      |            |    
|Unsecured NotesSCA 1                   |                                                          | 6.75 | %     |  | 150,000   |           | 10,125 | (22) | 1/15/2004  |    
|Unsecured NotesSCA 2                   |                                                          | 7.63 | %     |  | 110,000   |           | 8,388  | (22) | 5/15/2005  |    
|                                        |                                                          |      |       |  |           |           |        |      |           
|                                        |                                                          |      |       |  | 260,000   |           |        |      |            |    
|The Retail Property Trust:              |                                                          |      |       |  |           |           |        |      |            |    
|Unsecured NotesCPI 1                   |                                                          | 9.00 | %     |  | 250,000   |           | 22,500 | (22) | 3/15/2002  |    
|Unsecured NotesCPI 2                   |                                                          | 7.05 | %     |  | 100,000   |           | 7,050  | (22) | 4/1/2003   |    
|Unsecured NotesCPI 3                   |                                                          | 7.75 | %     |  | 150,000   |           | 11,625 | (22) | 8/15/2004  |    
|Unsecured NotesCPI 4                   |                                                          | 7.18 | %     |  | 75,000    |           | 5,385  | (22) | 9/1/2013   |    
|Unsecured NotesCPI 5                   |                                                          | 7.88 | %     |  | 250,000   |           | 19,688 | (22) | 3/15/2016  |    
|                                        |                                                          |      |       |  |           |           |        |      |           
|                                        |                                                          |      |       |  | 825,000   |           |        |      |            |    
|                                        |                                                          |      |       |  |           |           |        |      |           
|                                        | Total Combined Consolidated Unsecured Indebtedness       |      |       |  | $         | 5,566,121 |        |      |            |    
|                                        |                                                          |      |       |  |           |           |        |      |           
|                                        | Total Combined Consolidated Indebtedness at Face Amounts |      |       |  | $         | 8,730,153 |        |      |            |    
|                                        | Net Premium on Indebtedness                              |      |       |  | $         | (1,571)   |        |      |            |    
|                                        |                                                          |      |       |  |           |           |        |      |           
|                                        | Total Combined Consolidated Indebtedness                 |      |       |  | $         | 8,728,582 | (27)   |      |            |    
|                                        |                                                          |      |       |  |           |           |        |      |           

34

---



|Joint Venture Indebtedness(28):          |  |      |       |  |         |  |        |      |            |    
|---------------------------------------- |  | ---- | ----- |  | ------- |  | ------ | ---- | ---------- | ---
|Apple Blossom Mall                       |  | 7.99 | %     |  | 40,633  |  | 3,607  |      | 9/10/2009  |    
|Arizona Mills                            |  | 7.95 | %(29) |  | 145,764 |  | 11,583 | (2)  | 2/1/2002   | (4)
|Arundel Mills                            |  | 8.30 | %(19) |  | 112,346 |  | 9,321  | (2)  | 4/30/2005  | (4)
|Atrium at Chestnut Hill1                |  | 7.29 | %     |  | 42,117  |  | 4,031  |      | 4/1/2001   |    
|Atrium at Chestnut Hill2                |  | 8.16 | %     |  | 11,550  |  | 1,154  |      | 4/1/2001   |    
|Auburn Mall                              |  | 7.99 | %     |  | 47,570  |  | 4,222  |      | 9/10/2009  |    
|Aventura MallA                          |  | 6.55 | %     |  | 141,000 |  | 9,231  | (2)  | 4/6/2008   |    
|Aventura MallB                          |  | 6.60 | %     |  | 25,400  |  | 1,675  | (2)  | 4/6/2008   |    
|Aventura MallC                          |  | 6.89 | %     |  | 33,600  |  | 2,314  | (2)  | 4/6/2008   |    
|Avenues, The                             |  | 8.36 | %     |  | 56,126  |  | 5,555  |      | 5/15/2003  |    
|Cape Cod Mall                            |  | 8.45 | %(30) |  | 67,348  |  | 5,688  | (2)  | 4/1/2003   | (4)
|Circle Centre Mall1                     |  | 7.09 | %(31) |  | 60,000  |  | 4,252  | (2)  | 1/31/2004  | (4)
|Circle Centre Mall2                     |  | 8.15 | %(32) |  | 7,500   |  | 611    | (2)  | 1/31/2004  | (4)
|CMBS LoanFixed Component (IBM)(33)      |  | 7.41 | %     |  | 300,000 |  | 22,229 | (2)  | 5/1/2006   |    
|CMBS LoanFixed Component2 (IBM)        |  | 8.13 | %     |  | 57,100  |  | 4,643  | (2)  | 5/15/2006  |    
|CMBS LoanFloating Component (IBM)(33)   |  | 7.14 | %     |  | 184,500 |  | 13,181 | (2)  | 5/1/2003   |    
|CMBS LoanFloating Component2 (IBM)(45) |  | 7.02 | %     |  | 81,400  |  | 5,711  | (2)  | 5/15/2006  |    
|Cobblestone Court                        |  | 7.64 | %(34) |  | 6,180   |  | 472    | (2)  | 1/1/2006   |    
|Concord Mills                            |  | 8.00 | %(35) |  | 179,883 |  | 14,384 | (2)  | 12/2/2003  | (4)
|Coral Square                             |  | 8.00 | %     |  | 90,000  |  | 7,200  | (2)  | 10/1/2010  |    
|Crystal Court                            |  | 7.64 | %(34) |  | 3,570   |  | 273    | (2)  | 1/1/2006   |    
|Crystal Mall                             |  | 8.66 | %     |  | 48,068  |  | 5,384  |      | 2/1/2003   |    
|Dadeland Mall(49)                        |  | 7.45 | %(36) |  | 140,000 |  | 10,425 | (2)  | 2/1/2003   |    
|Emerald Square Mall                      |  | 8.13 | %(10) |  | 145,000 |  | 11,795 | (2)  | 3/31/2005  | (4)
|Fairfax Court                            |  | 7.64 | %(34) |  | 10,320  |  | 788    | (2)  | 1/1/2006   |    
|Florida Mall, The                        |  | 7.55 | %     |  | 270,000 |  | 22,766 |      | 11/13/2010 |    
|Gaitway Plaza                            |  | 7.64 | %(34) |  | 7,350   |  | 562    | (2)  | 1/1/2006   |    
|Grapevine Mills1                        |  | 6.47 | %     |  | 155,000 |  | 10,029 | (2)  | 10/1/2008  |    
|Grapevine Mills2                        |  | 8.39 | %     |  | 14,491  |  | 1,324  |      | 11/5/2008  |    
|Great Northeast Plaza                    |  | 9.04 | %     |  | 17,353  |  | 2,053  |      | 6/1/2006   |    
|Greendale Mall                           |  | 8.23 | %     |  | 41,725  |  | 3,779  |      | 11/1/2006  |    
|Gwinnett Place1                         |  | 7.54 | %     |  | 38,994  |  | 3,412  |      | 4/1/2007   |    
|Gwinnett Place2                         |  | 7.25 | %     |  | 85,257  |  | 7,070  |      | 4/1/2007   |    
|Highland Mall1                          |  | 9.75 | %     |  | 6,983   |  | 1,661  |      | 12/1/2009  |    
|Highland Mall2                          |  | 8.50 | %     |  | 83      |  | 116    |      | 10/1/2001  |    
|Highland Mall3                          |  | 9.50 | %     |  | 869     |  | 607    |      | 11/1/2001  |    
|Indian River Commons                     |  | 7.58 | %     |  | 8,386   |  | 710    | (37) | 11/1/2004  |    
|Indian River Mall                        |  | 7.58 | %     |  | 46,533  |  | 3,941  | (37) | 11/1/2004  |    
|Liberty Tree Mall                        |  | 8.15 | %(3)  |  | 46,680  |  | 4,320  |      | 10/1/2001  |    
|Mall at Rockingham                       |  | 7.88 | %     |  | 99,782  |  | 8,705  |      | 8/1/2007   |    
|Mall of America                          |  | 7.16 | %(40) |  | 312,000 |  | 22,336 | (2)  | 3/10/2005  | (4)
|Mall of Georgia                          |  | 7.09 | %     |  | 200,000 |  | 14,180 | (2)  | 7/1/2010   |    
|Mall of Georgia Crossing                 |  | 7.25 | %     |  | 34,470  |  | 2,825  |      | 6/9/2006   |    
|Mall of New Hampshire1                  |  | 6.96 | %     |  | 103,811 |  | 8,345  |      | 10/1/2008  |    
|Mall of New Hampshire2                  |  | 8.53 | %     |  | 8,431   |  | 786    |      | 10/1/2008  |    
|Mayflower Realty Credit Facility         |  | 9.15 | %(39) |  | 8,400   |  | 768    | (2)  | 7/12/2002  | (4)

35

---

|Merchantwired                |                                                  | 7.93 | %     |  | 6,609   |           | 524    | (2) | 12/31/2005 |    
|---------------------------- | ------------------------------------------------ | ---- | ----- |  | ------- | --------- | ------ | --- | ---------- | ---
|Metrocenter                  |                                                  | 8.45 | %     |  | 30,360  |           | 3,031  |     | 2/28/2008  |    
|Montreal Forum               |                                                  | 7.50 | %(41) |  | 24,931  |           | 1,870  | (2) | 1/31/2002  |    
|Northfield Square            |                                                  | 9.15 | %     |  | 37,000  |           | 3,384  | (2) | 4/30/2005  | (4)
|Northshore Mall              |                                                  | 9.05 | %     |  | 161,000 |           | 14,571 | (2) | 5/14/2004  |    
|Ontario Mills4              |                                                  | 6.00 | %     |  | 4,198   |           | 252    | (2) | 12/28/2009 |    
|Ontario Mills5              |                                                  | 6.75 | %     |  | 142,117 |           | 11,286 |     | 11/2/2008  |    
|Ontario Mills6              |                                                  | 8.00 | %     |  | 10,500  |           | 925    |     | 12/5/2008  |    
|Orlando Premium Outlets      |                                                  | 8.15 | %(42) |  | 56,490  |           | 4,602  | (2) | 2/12/2004  | (4)
|Plaza at Buckland Hills, The |                                                  | 7.64 | %(34) |  | 17,625  |           | 1,347  | (2) | 1/1/2006   |    
|Polska Shopping Mall         |                                                  | 6.49 | %     |  | 12,355  |           | 802    | (2) | 12/31/2011 |    
|Ridgewood Court              |                                                  | 7.64 | %(34) |  | 8,035   |           | 614    | (2) | 1/1/2006   |    
|Royal Eagle Plaza            |                                                  | 7.64 | %(34) |  | 7,920   |           | 605    | (2) | 1/1/2006   |    
|Seminole Towne Center        |                                                  | 8.00 | %     |  | 70,500  |           | 5,640  | (2) | 6/30/2001  |    
|Shops at Sunset Place, The   |                                                  | 7.80 | %(43) |  | 114,218 |           | 10,669 |     | 6/30/2002  | (4)
|Smith Haven Mall             |                                                  | 7.86 | %     |  | 115,000 |           | 9,039  | (2) | 6/1/2006   |    
|Solomon Pond                 |                                                  | 7.83 | %     |  | 95,185  |           | 8,564  |     | 2/1/2004   |    
|Source, The                  |                                                  | 6.65 | %     |  | 124,000 |           | 8,246  | (2) | 11/6/2008  |    
|Square One                   |                                                  | 8.40 | %     |  | 104,526 |           | 10,139 |     | 12/1/2001  |    
|Town Center at Cobb1        |                                                  | 7.54 | %     |  | 49,681  |           | 4,347  |     | 4/1/2007   |    
|Town Center at Cobb2        |                                                  | 7.25 | %     |  | 64,883  |           | 5,381  |     | 4/1/2007   |    
|Village Park Plaza           |                                                  | 7.64 | %(34) |  | 8,960   |           | 685    | (2) | 1/1/2006   |    
|West Town Corners            |                                                  | 7.64 | %(34) |  | 10,330  |           | 789    | (2) | 1/1/2006   |    
|West Town Mall               |                                                  | 6.90 | %     |  | 76,000  |           | 5,244  | (2) | 5/1/2008   |    
|Westchester, The1           |                                                  | 8.74 | %     |  | 149,525 |           | 14,478 |     | 9/1/2005   |    
|Westchester, The2           |                                                  | 7.20 | %     |  | 53,099  |           | 4,399  |     | 9/1/2005   |    
|Westland Park Plaza          |                                                  | 7.64 | %(34) |  | 4,950   |           | 378    | (2) | 1/1/2006   |    
|Willow Knolls Court          |                                                  | 7.64 | %(34) |  | 6,490   |           | 496    | (2) | 1/1/2006   |    
|Yards Plaza, The             |                                                  | 7.64 | %(34) |  | 8,270   |           | 632    | (2) | 1/1/2006   |    
|                             |                                                  |      |       |  |         |           |        |     |           
|                             | Total Joint Venture Indebtedness at Face Amounts |      |       |  | $       | 5,118,330 |        |     |            |    
|                             | Premium on Indebtedness                          |      |       |  | $       | 17,158    |        |     |            |    
|                             |                                                  |      |       |  |         |           |        |     |           
|                             | Total Joint Venture Indebtedness                 |      |       |  | $       | 5,135,488 | (44)   |     |            |    
|                             |                                                  |      |       |  |         |           |        |     |           

(Footnotes
on following page)

36

---

(Footnotes for preceding page)

37

---

38

---



Item 3. Legal Proceedings

The information set forth in Note 13 to Notes to Financial Statements on pages 73 and 74 in the Companies' Annual Report to Shareholders filed as
Exhibit 13.1 regarding pending material litigation is incorporated herein by reference.

Simon
Group is subject to routine litigation, claims and administrative proceedings arising in the ordinary course of its business, none of which are expected to have a material
adverse effect on its financial position or results of operations.

Item 4. Submission of Matters to a Vote of Security Holders

None.

Part II

Item 5. Market for the Registrants' Common Equity and Related Stockholder Matters



The Paired Shares trade on the New York Stock Exchange ("NYSE") under the symbol "SPG". The quarterly price range on the NYSE for the Paired Shares and the
distributions declared per share for each quarter in the last two fiscal years are shown below:

High

Low

Close

Declared
Distribution20001st Quarter

25.500

21.875

23.313

$
0.50502nd Quarter

27.125

22.188

22.188

$
0.50503rd Quarter

26.813

22.688

23.438

$
0.50504th Quarter

24.938

21.500

24.000

$
0.505019991st Quarter

28.750

23.875

27.438

$
0.50502nd Quarter

30.938

25.375

25.375

$
0.50503rd Quarter

27.500

22.438

22.438

$
0.50504th Quarter

24.500

20.438

22.938

$
0.5050


There
is no established public trading market for SPG's Class B common stock or Class C common stock. Distributions per share of the Class B and Class C
common stock were identical to the other Paired Shares.



The number of holders of record of the Paired Shares was 2,390 as of March 19, 2001. Additionally, the Class B common stock is held entirely by a
voting trust to which Melvin Simon, Herbert Simon, David Simon and certain of their affiliates are parties and is exchangeable on a one-for-one basis into Paired Shares, and
the Class C common stock is held entirely by The Edward J. DeBartolo Corporation and is also exchangeable on a one-for-one basis into Paired Shares.



SPG qualifies as a REIT under the Code. To maintain its status as a REIT, SPG is required each year to distribute to its shareholders at least 90% of its
taxable income after certain adjustments.

Future
distributions paid by the Companies will be at the discretion of the Boards of Directors and will depend on the actual cash flow of the Companies, their financial condition,
capital requirements,

39

---

the annual REIT distribution requirements and such other factors as the Board of Directors of the Companies deem relevant.

The
Companies have an Automatic Dividend Reinvestment Plan (the "Plan") which allows shareholders to acquire additional Paired Shares by automatically reinvesting cash dividends.
Paired Shares are acquired pursuant to the Plan at a price equal to the prevailing market price of such Paired Shares, without payment of any brokerage commission or service charge. Shareholders who
do not participate in the Plan continue to receive cash dividends, as declared.



The Registrants did not issue any equity securities that were not required to be registered under the Securities Act of 1933, as amended during the fourth
quarter of 2000.

Item 6. Selected Financial Data

The information required by this item is incorporated herein by reference to the Selected Financial Data section on pages 20 and 21 of the Companies' Annual
Report to Shareholders which is filed as Exhibit 13.1 to this Form 10-K.

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations

The information required by this item is incorporated herein by reference to the Management's Discussion and Analysis of Financial Condition and Results of
Operations section on pages 22 to 34 of the Companies' Annual Report to Shareholders which is filed as Exhibit 13.1 to this Form 10-K.

Item 7A. Qualitative and Quantitative Disclosure About Market Risk

The information required by this item is incorporated herein by reference to the Management's Discussion and Analysis of Financial Condition and Results of
Operations section on page 26 of the Companies' Annual Report to Shareholders under the caption Liquidity and Capital Resources, which is filed as Exhibit 13.1 to this
Form 10-K.

Item 8. Financial Statements and Supplementary Data

Reference is made to the Index to Financial Statements contained in Item 14.

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

None.

Part III

Item 10. Directors and Executive Officers of the Registrants

The information required by this item is incorporated herein by reference to the Companies' definitive Proxy Statements for their annual meetings of
shareholders to be filed with the Commission pursuant to Regulation 14A and is included under the caption "EXECUTIVE OFFICERS OF THE REGISTRANTS" in Part I hereof.

40

---



Item 11. Executive Compensation

The information required by this item is incorporated herein by reference to the Companies' definitive Proxy Statements for their annual meetings of
shareholders to be filed with the Commission pursuant to Regulation 14A.

Item 12. Security Ownership of Certain Beneficial Owners and Management

The information required by this item is incorporated herein by reference to the Companies' definitive Proxy Statements for their annual meetings of
shareholders to be filed with the Commission pursuant to Regulation 14A.

Item 13. Certain Relationships and Related Transactions

The information required by this item is incorporated herein by reference to the Companies' definitive Proxy Statements for their annual meetings of
shareholders to be filed with the Commission pursuant to Regulation 14A.

Part IV

Item 14. Exhibits, Financial Statements, Schedules and Reports on Form 8-K

The
Companies' combined and individual financial statements and independent auditors' report are incorporated herein by reference to the financial statements and independent auditors'
report on pages 36 to 77 in the Companies' Annual Report to Shareholders, which are filed as Exhibit 13.1. In addition, the financial statements of Mill Creek Land LLC, a significant subsidiary
of SRC, which are filed as Exhibit 99.1, are incorporated herein by reference.

|    |  |                                                                                                                                        |  | Page No.
|--- |  | -------------------------------------------------------------------------------------------------------------------------------------- |  | --------
|(2) |  | Financial Statement Schedules                                                                                                          |  |         
|    |  | Report of Independent Public Accountants                                                                                               |  | 44      
|    |  | Simon Property Group, Inc. and SPG Realty Consultants, Inc. Combined Schedule IIISchedule of Real Estate and Accumulated Depreciation |  | 45      
|    |  | Notes to Combined Schedule III                                                                                                         |  | 50      
|(3) |  | Exhibits                                                                                                                               |  |         
|    |  | The Exhibit Index attached hereto is hereby incorporated by reference to this Item.                                                    |  | 52      

One
Form 8-K was filed during the fourth quarter ended December 31, 2000.



41

---





SIGNATURES

Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.

|               |  | SIMON PROPERTY GROUP, INC.
AND SPG REALTY CONSULTANTS, INC.
|-------------- |  | -----------------------------------------------------------
|               |  | By                                                         
|March 29, 2001 |  |                                                            

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrants
and in the capacities and on the dates indicated.

|Signature                                       |  | Capacity                                                           |  | Date          
|----------------------------------------------- |  | ------------------------------------------------------------------ |  | --------------
|/s/DAVID SIMONDavid Simon                       |  | Chief Executive Officer And Director (Principal Executive Officer) |  | March 29, 2001
|/s/HERBERT SIMONHerbert Simon                   |  | Co-Chairman of the Board of Directors                              |  | March 29, 2001
|/s/MELVIN SIMONMelvin Simon                     |  | Co-Chairman of the Board of Directors                              |  | March 29, 2001
|/s/HANS C. MAUTNERHans C. Mautner               |  | Vice Chairman of the Board of Directors                            |  | March 29, 2001
|/s/RICHARD SOKOLOVRichard Sokolov               |  | President, Chief Operating Officer and Director                    |  | March 29, 2001
|/s/ROBERT E. ANGELICARobert E. Angelica         |  | Director                                                           |  | March 29, 2001
|/s/BIRCH BAYHBirch Bayh                         |  | Director                                                           |  | March 29, 2001
|/s/PIETER S. VAN DEN BERGPieter S. Van Den Berg |  | Director                                                           |  | March 29, 2001
|/s/G. WILLIAM MILLERG. William Miller           |  | Director                                                           |  | March 29, 2001
|/s/FREDRICK W. PETRIFredrick W. Petri           |  | Director                                                           |  | March 29, 2001
|                                                |  |                                                                    |  |               

42

---

|/s/J. ALBERT SMITHJ. Albert Smith                   |  | Director                                             |  | March 29, 2001
|--------------------------------------------------- |  | ---------------------------------------------------- |  | --------------
|/s/PHILIP J. WARDPhilip J. Ward                     |  | Director                                             |  | March 29, 2001
|/s/M. DENISE DEBARTOLO YORKM. Denise Debartolo York |  | Director                                             |  | March 29, 2001
|/s/STEPHEN E. STERRETTStephen E. Sterrett           |  | Executive Vice President and Chief Financial Officer |  | March 29, 2001
|/s/JOHN DAHLJohn Dahl                               |  | Senior Vice President
(Principal Accounting Officer) |  | March 29, 2001

43

---



REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS ON SCHEDULE

To the Board of Directors of
Simon Property Group, Inc. and SPG Realty Consultants, Inc.:

We
have audited in accordance with auditing standards generally accepted in the United States, the financial statements of SIMON PROPERTY GROUP, INC. and SPG REALTY
CONSULTANTS, INC. included in this Form 10-K and have issued our report thereon dated February 7, 2001. Our audits were made for the purpose of forming an opinion on
the basic financial statements taken as a whole. The schedule, "Schedule III: Real Estate and Accumulated Depreciation", as of December 31, 2000, of Simon Property Group, Inc. and
SPG Realty Consultants, Inc. is the responsibility of the Companies' management and is presented for purposes of complying with the Securities and Exchange Commission's rules and is not part of
the basic financial statements. The schedule has been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, fairly states in all material
respects the financial data required to be set forth therein in relation to the basic financial statements taken as a whole.

|                                        |  | ARTHUR ANDERSEN LLP
|--------------------------------------- |  | -------------------
|Indianapolis, Indiana
February 7, 2001. |  |                    

44

---



SIMON PROPERTY GROUP, INC. AND SPG REALTY  CONSULTANTS, INC.  REAL ESTATE AND ACCUMULATED DEPRECIATION  December 31, 2000

SCHEDULE III  (Dollars in thousands)

|                                                           |  |   |        | Initial Cost |   | Cost Capitalized
Subsequent to Acquisition |  | Gross Amounts At
Which Carried
At Close of Period |         |  |   |      
|---------------------------------------------------------- |  | - | ------ | ------------ | - | ------------------------------------------ |  | ------------------------------------------------- | ------- |  | - | -----
|
|Regional Malls                                             |  |   |        |              |   |                                            |  |                                                   |         |  |   |      
|Alton Square,
Alton, IL                                    |  | $ | 0      |              | $ | 154                                        |  | $                                                 | 7,641   |  | $ | 0    
|Amigoland Mall,
Brownsville, TX                            |  |   | 0      |              |   | 1,045                                      |  |                                                   | 4,518   |  |   | 0    
|Anderson Mall,
Anderson, SC                                |  |   | 27,500 |              |   | 1,712                                      |  |                                                   | 18,072  |  |   | 1,363
|Arsenal Mall,
Watertown, MA                                |  |   | 36,432 |              |   | 14,500                                     |  |                                                   | 44,763  |  |   | 0    
|Arsenal Mall HCHP,
Watertown, MA                           |  |   | 0      |              |   | 1,005                                      |  |                                                   | 2,917   |  |   | 0    
|Aurora Mall,
Aurora, CO                                    |  |   | 0      |              |   | 11,400                                     |  |                                                   | 55,692  |  |   | 0    
|Barton Creek Square,
Austin, TX                            |  |   | 0      |              |   | 4,414                                      |  |                                                   | 20,699  |  |   | 771  
|Battlefield Mall,
Springfield, MO                          |  |   | 90,426 |              |   | 4,039                                      |  |                                                   | 29,769  |  |   | 3,225
|Bay Park Square,
Green Bay, WI                             |  |   | 24,848 |              |   | 6,864                                      |  |                                                   | 25,623  |  |   | 362  
|Bergen Mall,
Paramus, NJ                                   |  |   | 0      |              |   | 10,918                                     |  |                                                   | 92,541  |  |   | 0    
|Biltmore Square,
Asheville, NC                             |  |   | 26,000 |              |   | 6,641                                      |  |                                                   | 23,582  |  |   | 0    
|Boynton Beach Mall,
Boynton Beach, FL                      |  |   | 0      |              |   | 22,240                                     |  |                                                   | 79,226  |  |   | 0    
|Brea Mall,
Brea, CA                                        |  |   | 0      |              |   | 39,500                                     |  |                                                   | 209,202 |  |   | 0    
|Broadway Square,
Tyler, TX                                 |  |   | 0      |              |   | 11,470                                     |  |                                                   | 32,439  |  |   | 0    
|Brunswick Square,
East Brunswick, NJ                       |  |   | 45,000 |              |   | 8,436                                      |  |                                                   | 55,838  |  |   | 0    
|Burlington Mall,
Burlington, MA                            |  |   | 0      |              |   | 46,600                                     |  |                                                   | 303,618 |  |   | 0    
|Castleton Square,
Indianapolis, IN                         |  |   | 0      |              |   | 27,536                                     |  |                                                   | 98,287  |  |   | 2,500
|Century III Mall,
Pittsburgh, PA                           |  |   | 66,000 |              |   | 17,251                                     |  |                                                   | 117,822 |  |   | 10   
|Charlottesville Fashion Square,
Charlottesville, VA        |  |   | 0      |              |   | 0                                          |  |                                                   | 54,738  |  |   | 0    
|Chautauqua Mall,
Jamestown, NY                             |  |   | 0      |              |   | 3,257                                      |  |                                                   | 9,641   |  |   | 0    
|Cheltenham Square,
Philadelphia, PA                        |  |   | 34,226 |              |   | 14,227                                     |  |                                                   | 43,799  |  |   | 0    
|Chesapeake Square,
Chesapeake, VA                          |  |   | 45,207 |              |   | 11,534                                     |  |                                                   | 70,461  |  |   | 0    
|Cielo Vista Mall,
El Paso, TX                              |  |   | 93,394 |              |   | 1,307                                      |  |                                                   | 18,512  |  |   | 608  
|College Mall,
Bloomington, IN                              |  |   | 52,315 |              |   | 1,012                                      |  |                                                   | 16,245  |  |   | 722  
|Columbia Center,
Kennewick, WA                             |  |   | 42,326 |              |   | 18,285                                     |  |                                                   | 66,580  |  |   | 0    
|Cordova Mall,
Pensacola, FL                                |  |   | 0      |              |   | 18,642                                     |  |                                                   | 75,880  |  |   | 0    
|Cottonwood Mall,
Albuquerque, NM                           |  |   | 0      |              |   | 11,585                                     |  |                                                   | 68,958  |  |   | 0    
|Crossroads Mall,
Omaha, NE                                 |  |   | 0      |              |   | 881                                        |  |                                                   | 37,263  |  |   | 409  
|Crystal River Mall,
Crystal River, FL                      |  |   | 16,288 |              |   | 5,661                                      |  |                                                   | 20,241  |  |   | 0    
|DeSoto Square,
Bradenton, FL                               |  |   | 38,880 |              |   | 9,380                                      |  |                                                   | 52,716  |  |   | 0    
|Eastern Hills Mall,
Buffalo, NY                            |  |   | 0      |              |   | 15,444                                     |  |                                                   | 47,604  |  |   | 12   
|Eastland Mall,
Tulsa, OK                                   |  |   | 15,000 |              |   | 3,124                                      |  |                                                   | 24,035  |  |   | 518  
|Edison Mall,
Fort Myers, FL                                |  |   | 0      |              |   | 11,529                                     |  |                                                   | 107,381 |  |   | 0    
|Fashion Mall at Keystone at the Crossing,
Indianapolis, IN |  |   | 62,894 |              |   | 0                                          |  |                                                   | 120,579 |  |   | 0    
|Forest Mall,
Fond Du Lac, WI                               |  |   | 15,550 |              |   | 728                                        |  |                                                   | 4,498   |  |   | 0    

45

---

|Forest Village Park,
Forestville, MD        |  |  | 21,850  |  |  | 1,212  |  |  | 4,625   |  |  | 757    |  |  | 4,659   |  |  | 1,969  |  |  | 9,284   |  |  | 11,253  |  |  | 2,858  |  | 1980        
|------------------------------------------- |  |  | ------- |  |  | ------ |  |  | ------- |  |  | ------ |  |  | ------- |  |  | ------ |  |  | ------- |  |  | ------- |  |  | ------ |  | ------------
|Golden Ring Mall,
Baltimore, MD             |  |  | 29,750  |  |  | 1,130  |  |  | 3,704   |  |  | 572    |  |  | 8,660   |  |  | 1,702  |  |  | 12,364  |  |  | 14,066  |  |  | 8,474  |  | 1974(Note 3)
|Great Lakes Mall,
Cleveland, OH             |  |  | 61,121  |  |  | 13,886 |  |  | 100,362 |  |  | 11     |  |  | 5,348   |  |  | 13,897 |  |  | 105,710 |  |  | 119,607 |  |  | 13,624 |  | 1996(Note 4)
|Greenwood Park Mall,
Greenwood, IN          |  |  | 94,673  |  |  | 2,607  |  |  | 23,445  |  |  | 5,275  |  |  | 59,255  |  |  | 7,882  |  |  | 82,700  |  |  | 90,582  |  |  | 20,508 |  | 1979        
|Gulf View Square,
Port Richey, FL           |  |  | 36,447  |  |  | 13,690 |  |  | 39,997  |  |  | 0      |  |  | 8,830   |  |  | 13,690 |  |  | 48,827  |  |  | 62,517  |  |  | 5,818  |  | 1996(Note 4)
|Haywood Mall,
Greenville, SC                |  |  | 0       |  |  | 11,604 |  |  | 133,893 |  |  | 6      |  |  | 662     |  |  | 11,610 |  |  | 134,555 |  |  | 146,165 |  |  | 16,331 |  | 1999(Note 4)
|Heritage Park,
Midwest City, OK             |  |  | 0       |  |  | 598    |  |  | 6,213   |  |  | 0      |  |  | 2,394   |  |  | 598    |  |  | 8,607   |  |  | 9,205   |  |  | 3,510  |  | 1978        
|Hutchinson Mall,
Hutchison, KS              |  |  | 15,742  |  |  | 1,683  |  |  | 18,427  |  |  | 0      |  |  | 3,045   |  |  | 1,683  |  |  | 21,472  |  |  | 23,155  |  |  | 6,172  |  | 1985        
|Independence Center,
Independence, MO       |  |  | 0       |  |  | 5,539  |  |  | 45,822  |  |  | 2      |  |  | 17,929  |  |  | 5,541  |  |  | 63,751  |  |  | 69,292  |  |  | 10,263 |  | 1994(Note 3)
|Ingram Park Mall,
San Antonio, TX           |  |  | 0       |  |  | 764    |  |  | 17,163  |  |  | 169    |  |  | 15,290  |  |  | 933    |  |  | 32,453  |  |  | 33,386  |  |  | 10,895 |  | 1979        
|Irving Mall,
Irving, TX                     |  |  | 0       |  |  | 6,737  |  |  | 17,479  |  |  | 2,533  |  |  | 25,156  |  |  | 9,270  |  |  | 42,635  |  |  | 51,905  |  |  | 13,521 |  | 1971        
|Jefferson Valley Mall,
Yorktown Heights, NY |  |  | 60,000  |  |  | 4,868  |  |  | 30,304  |  |  | 0      |  |  | 5,113   |  |  | 4,868  |  |  | 35,417  |  |  | 40,285  |  |  | 9,992  |  | 1983        
|Knoxville Center,
Knoxville, TN             |  |  | 0       |  |  | 5,006  |  |  | 21,965  |  |  | 3,712  |  |  | 34,624  |  |  | 8,718  |  |  | 56,589  |  |  | 65,307  |  |  | 11,180 |  | 1984        
|Lakeline Mall,
N. Austin, TX                |  |  | 71,373  |  |  | 13,741 |  |  | 81,568  |  |  | 9      |  |  | 271     |  |  | 13,750 |  |  | 81,839  |  |  | 95,589  |  |  | 10,016 |  | 1999(Note 4)
|La Plaza,
McAllen, TX                       |  |  | 0       |  |  | 1,375  |  |  | 9,828   |  |  | 6,539  |  |  | 27,990  |  |  | 7,914  |  |  | 37,818  |  |  | 45,732  |  |  | 5,035  |  | 1976        
|Lafayette Square,
Indianapolis, IN          |  |  | 0       |  |  | 14,251 |  |  | 54,589  |  |  | 0      |  |  | 10,716  |  |  | 14,251 |  |  | 65,305  |  |  | 79,556  |  |  | 7,327  |  | 1996(Note 4)
|Laguna Hills Mall,
Laguna Hills, CA         |  |  | 0       |  |  | 28,074 |  |  | 55,689  |  |  | 0      |  |  | 3,549   |  |  | 28,074 |  |  | 59,238  |  |  | 87,312  |  |  | 5,618  |  | 1997(Note 4)
|Lenox Square,
Atlanta, GA                   |  |  | 0       |  |  | 38,213 |  |  | 492,411 |  |  | 0      |  |  | 3,484   |  |  | 38,213 |  |  | 495,895 |  |  | 534,108 |  |  | 31,810 |  | 1998(Note 4)
|Lima Mall,
Lima, OH                         |  |  | 18,903  |  |  | 7,910  |  |  | 35,495  |  |  | 0      |  |  | 5,787   |  |  | 7,910  |  |  | 41,282  |  |  | 49,192  |  |  | 5,220  |  | 1996(Note 4)
|Lincolnwood Town Center,
Lincolnwood, IL    |  |  | 0       |  |  | 10,754 |  |  | 63,490  |  |  | 28     |  |  | 2,097   |  |  | 10,782 |  |  | 65,587  |  |  | 76,369  |  |  | 17,536 |  | 1990        
|Livingston Mall,
Livingston, NJ             |  |  | 0       |  |  | 30,200 |  |  | 105,250 |  |  | 0      |  |  | 4,623   |  |  | 30,200 |  |  | 109,873 |  |  | 140,073 |  |  | 6,820  |  | 1998(Note 4)
|Longview Mall,
Longview, TX                 |  |  | 27,600  |  |  | 270    |  |  | 3,602   |  |  | 124    |  |  | 7,244   |  |  | 394    |  |  | 10,846  |  |  | 11,240  |  |  | 3,157  |  | 1978        
|Machesney Park Mall,
Rockford, IL           |  |  | 0       |  |  | 614    |  |  | 7,438   |  |  | 120    |  |  | 4,329   |  |  | 734    |  |  | 11,767  |  |  | 12,501  |  |  | 4,272  |  | 1979        
|Markland Mall,
Kokomo, IN                   |  |  | 0       |  |  | 0      |  |  | 7,568   |  |  | 0      |  |  | 5,189   |  |  | 0      |  |  | 12,757  |  |  | 12,757  |  |  | 2,927  |  | 1968        
|Mc Cain Mall,
N. Little Rock, AR            |  |  | 42,704  |  |  | 0      |  |  | 9,515   |  |  | 0      |  |  | 8,377   |  |  | 0      |  |  | 17,892  |  |  | 17,892  |  |  | 7,117  |  | 1973        
|Melbourne Square,
Melbourne, FL             |  |  | 38,362  |  |  | 15,762 |  |  | 55,900  |  |  | 0      |  |  | 4,836   |  |  | 15,762 |  |  | 60,736  |  |  | 76,498  |  |  | 7,138  |  | 1996(Note 4)
|Memorial Mall,
Sheboygan, WI                |  |  | 0       |  |  | 175    |  |  | 4,881   |  |  | 0      |  |  | 806     |  |  | 175    |  |  | 5,687   |  |  | 5,862   |  |  | 1,779  |  | 1969        
|Menlo Park Mall,
Edison, NJ                 |  |  | 0       |  |  | 65,684 |  |  | 223,252 |  |  | 0      |  |  | 6,207   |  |  | 65,684 |  |  | 229,459 |  |  | 295,143 |  |  | 21,606 |  | 1997(Note 4)
|Miami International Mall,
Miami, FL         |  |  | 45,316  |  |  | 13,794 |  |  | 69,701  |  |  | 8,953  |  |  | 4,837   |  |  | 22,747 |  |  | 74,538  |  |  | 97,285  |  |  | 26,345 |  | 1996(Note 4)
|Midland Park Mall,
Midland, TX              |  |  | 28,000  |  |  | 687    |  |  | 9,213   |  |  | 0      |  |  | 8,499   |  |  | 687    |  |  | 17,712  |  |  | 18,399  |  |  | 5,780  |  | 1980        
|Miller Hill Mall,
Duluth, MN                |  |  | 0       |  |  | 2,537  |  |  | 18,113  |  |  | 0      |  |  | 13,262  |  |  | 2,537  |  |  | 31,375  |  |  | 33,912  |  |  | 6,633  |  | 1973        
|Mission Viejo Mall,
Mission Viejo, CA       |  |  | 141,314 |  |  | 9,139  |  |  | 54,445  |  |  | 7,491  |  |  | 135,776 |  |  | 16,630 |  |  | 190,221 |  |  | 206,851 |  |  | 13,924 |  | 1996(Note 4)
|Mounds Mall,
Anderson, IN                   |  |  | 0       |  |  | 0      |  |  | 2,689   |  |  | 0      |  |  | 2,383   |  |  | 0      |  |  | 5,072   |  |  | 5,072   |  |  | 2,484  |  | 1965        
|Muncie Mall,
Muncie, IN                     |  |  | 8,221   |  |  | 172    |  |  | 5,964   |  |  | 52     |  |  | 21,440  |  |  | 224    |  |  | 27,404  |  |  | 27,628  |  |  | 5,798  |  | 1970        
|Nanuet Mall,
Nanuet, NY                     |  |  | 0       |  |  | 27,548 |  |  | 162,993 |  |  | 0      |  |  | 1,081   |  |  | 27,548 |  |  | 164,074 |  |  | 191,622 |  |  | 10,595 |  | 1998(Note 4)
|North East Mall,
Hurst, TX                  |  |  | 135,761 |  |  | 1,347  |  |  | 13,473  |  |  | 16,683 |  |  | 135,007 |  |  | 18,030 |  |  | 148,480 |  |  | 166,510 |  |  | 9,289  |  | 1996(Note 4)
|North Towne Square,
Toledo, OH              |  |  | 23,500  |  |  | 579    |  |  | 8,377   |  |  | 0      |  |  | 2,072   |  |  | 579    |  |  | 10,449  |  |  | 11,028  |  |  | 6,863  |  | 1980        
|Northgate Mall,
Seattle, WA                 |  |  | 79,035  |  |  | 32,550 |  |  | 115,314 |  |  | 0      |  |  | 20,637  |  |  | 32,550 |  |  | 135,951 |  |  | 168,501 |  |  | 9,430  |  | 1996(Note 4)
|Northlake Mall,
Atlanta, GA                 |  |  | 0       |  |  | 33,400 |  |  | 98,035  |  |  | 0      |  |  | 1,096   |  |  | 33,400 |  |  | 99,131  |  |  | 132,531 |  |  | 6,369  |  | 1998(Note 4)
|Northwoods Mall,
Peoria, IL                 |  |  | 0       |  |  | 1,203  |  |  | 12,779  |  |  | 1,519  |  |  | 27,632  |  |  | 2,722  |  |  | 40,411  |  |  | 43,133  |  |  | 11,684 |  | 1983(Note 3)
|Oak Court Mall,
Memphis, TN                 |  |  | 0       |  |  | 15,673 |  |  | 57,304  |  |  | 0      |  |  | 2,896   |  |  | 15,673 |  |  | 60,200  |  |  | 75,873  |  |  | 5,752  |  | 1997(Note 4)
|Ocean County Mall,
Toms River, NJ           |  |  | 0       |  |  | 20,900 |  |  | 124,945 |  |  | 0      |  |  | 1,874   |  |  | 20,900 |  |  | 126,819 |  |  | 147,719 |  |  | 8,116  |  | 1998(Note 4)
|Orange Park Mall,
Jacksonville, FL          |  |  | 0       |  |  | 13,345 |  |  | 65,121  |  |  | 0      |  |  | 15,898  |  |  | 13,345 |  |  | 81,019  |  |  | 94,364  |  |  | 13,682 |  | 1994(Note 3)
|Orland Square,
Orland Park, IL              |  |  | 50,000  |  |  | 36,770 |  |  | 129,906 |  |  | 0      |  |  | 5,079   |  |  | 36,770 |  |  | 134,985 |  |  | 171,755 |  |  | 12,082 |  | 1997(Note 4)

46

---

|Paddock Mall,
Ocala, FL                        |  |  | 28,988 |  |  | 11,198  |  |  | 39,712  |  |  | 0     |  |  | 5,822  |  |  | 11,198  |  |  | 45,534  |  |  | 56,732  |  |  | 4,572  |  | 1996(Note 4)
|---------------------------------------------- |  |  | ------ |  |  | ------- |  |  | ------- |  |  | ----- |  |  | ------ |  |  | ------- |  |  | ------- |  |  | ------- |  |  | ------ |  | ------------
|Palm Beach Mall,
West Palm Beach, FL           |  |  | 48,282 |  |  | 11,962  |  |  | 112,741 |  |  | 0     |  |  | 33,268 |  |  | 11,962  |  |  | 146,009 |  |  | 157,971 |  |  | 20,373 |  | 1998(Note 4)
|Phipps Plaza,
Atlanta, GA                      |  |  | 0      |  |  | 19,200  |  |  | 210,610 |  |  | 0     |  |  | 4,087  |  |  | 19,200  |  |  | 214,697 |  |  | 233,897 |  |  | 13,813 |  | 1998(Note 4)
|Port Charlotte Town Center,
Port Charlotte, FL |  |  | 53,250 |  |  | 5,561   |  |  | 59,381  |  |  | 0     |  |  | 9,273  |  |  | 5,561   |  |  | 68,654  |  |  | 74,215  |  |  | 8,502  |  | 1996(Note 4)
|Prien Lake Mall,
Lake Charles, LA              |  |  | 0      |  |  | 1,893   |  |  | 2,813   |  |  | 3,091 |  |  | 35,404 |  |  | 4,984   |  |  | 38,217  |  |  | 43,201  |  |  | 6,302  |  | 1972        
|Raleigh Springs Mall,
Memphis, TN              |  |  | 11,000 |  |  | 9,137   |  |  | 28,604  |  |  | 0     |  |  | 11,310 |  |  | 9,137   |  |  | 39,914  |  |  | 49,051  |  |  | 4,071  |  | 1996(Note 4)
|Randall Park Mall,
Cleveland, OH               |  |  | 40,000 |  |  | 4,421   |  |  | 52,456  |  |  | 0     |  |  | 19,576 |  |  | 4,421   |  |  | 72,032  |  |  | 76,453  |  |  | 9,728  |  | 1996(Note 4)
|Richardson Square,
Dallas, TX                  |  |  | 0      |  |  | 4,867   |  |  | 6,329   |  |  | 1,075 |  |  | 11,999 |  |  | 5,942   |  |  | 18,328  |  |  | 24,270  |  |  | 2,584  |  | 1996(Note 4)
|Richmond Towne Square,
Cleveland, OH           |  |  | 56,851 |  |  | 2,666   |  |  | 12,112  |  |  | 0     |  |  | 59,959 |  |  | 2,666   |  |  | 72,071  |  |  | 74,737  |  |  | 5,769  |  | 1996(Note 4)
|Richmond Square,
Richmond, IN                  |  |  | 0      |  |  | 3,410   |  |  | 11,343  |  |  | 0     |  |  | 9,470  |  |  | 3,410   |  |  | 20,813  |  |  | 24,223  |  |  | 2,802  |  | 1996(Note 4)
|River Oaks Center,
Calumet City, IL            |  |  | 32,500 |  |  | 30,884  |  |  | 101,224 |  |  | 0     |  |  | 3,323  |  |  | 30,884  |  |  | 104,547 |  |  | 135,431 |  |  | 9,365  |  | 1997(Note 4)
|Rockaway Townsquare,
Rockaway, NJ              |  |  | 0      |  |  | 50,500  |  |  | 218,557 |  |  | 0     |  |  | 3,233  |  |  | 50,500  |  |  | 221,790 |  |  | 272,290 |  |  | 14,206 |  | 1998(Note 4)
|Rolling Oaks Mall,
North San Antonio, TX       |  |  | 0      |  |  | 2,577   |  |  | 38,609  |  |  | 0     |  |  | 1,980  |  |  | 2,577   |  |  | 40,589  |  |  | 43,166  |  |  | 12,634 |  | 1998(Note 4)
|Roosevelt Field,
Garden City, NY               |  |  | 0      |  |  | 165,006 |  |  | 702,008 |  |  | 2,117 |  |  | 5,936  |  |  | 167,123 |  |  | 707,944 |  |  | 875,067 |  |  | 45,399 |  | 1998(Note 4)
|Ross Park Mall,
Pittsburgh, PA                 |  |  | 0      |  |  | 14,557  |  |  | 50,995  |  |  | 9,617 |  |  | 60,599 |  |  | 24,174  |  |  | 111,594 |  |  | 135,768 |  |  | 17,474 |  | 1996(Note 4)
|Santa Rosa Plaza,
Santa Rosa, CA               |  |  | 0      |  |  | 10,400  |  |  | 87,864  |  |  | 0     |  |  | 2,197  |  |  | 10,400  |  |  | 90,061  |  |  | 100,461 |  |  | 5,820  |  | 1998(Note 4)
|South Hills Village,
Pittsburgh, PA            |  |  | 0      |  |  | 23,453  |  |  | 125,858 |  |  | 0     |  |  | 2,030  |  |  | 23,453  |  |  | 127,888 |  |  | 151,341 |  |  | 11,361 |  | 1997(Note 4)
|South Park Mall,
Shreveport, LA                |  |  | 25,993 |  |  | 855     |  |  | 13,684  |  |  | 74    |  |  | 2,771  |  |  | 929     |  |  | 16,455  |  |  | 17,384  |  |  | 6,203  |  | 1975        
|South Shore Plaza,
Braintree, MA               |  |  | 0      |  |  | 101,200 |  |  | 301,495 |  |  | 0     |  |  | 2,570  |  |  | 101,200 |  |  | 304,065 |  |  | 405,265 |  |  | 19,623 |  | 1998(Note 4)
|Southern Park Mall,
Youngstown, OH             |  |  | 0      |  |  | 16,982  |  |  | 77,774  |  |  | 97    |  |  | 17,397 |  |  | 17,079  |  |  | 95,171  |  |  | 112,250 |  |  | 12,694 |  | 1996(Note 4)
|Southgate Mall,
Yuma, AZ                       |  |  | 0      |  |  | 1,817   |  |  | 7,974   |  |  | 0     |  |  | 3,498  |  |  | 1,817   |  |  | 11,472  |  |  | 13,289  |  |  | 3,224  |  | 1988(Note 3)
|St Charles Towne Center,
Waldorf, MD           |  |  | 28,527 |  |  | 9,031   |  |  | 52,974  |  |  | 1,180 |  |  | 10,789 |  |  | 10,211  |  |  | 63,763  |  |  | 73,974  |  |  | 17,446 |  | 1990        
|Summit Mall,
Akron, OH                         |  |  | 0      |  |  | 15,374  |  |  | 51,137  |  |  | 0     |  |  | 14,482 |  |  | 15,374  |  |  | 65,619  |  |  | 80,993  |  |  | 7,895  |  | 1996(Note 4)
|Sunland Park Mall,
El Paso, TX                 |  |  | 38,710 |  |  | 2,896   |  |  | 28,900  |  |  | 0     |  |  | 5,549  |  |  | 2,896   |  |  | 34,449  |  |  | 37,345  |  |  | 11,551 |  | 1988        
|Tacoma Mall,
Tacoma, WA                        |  |  | 92,474 |  |  | 38,949  |  |  | 125,826 |  |  | 0     |  |  | 17,426 |  |  | 38,949  |  |  | 143,252 |  |  | 182,201 |  |  | 17,425 |  | 1996(Note 4)
|Tippecanoe Mall,
Lafayette, IN                 |  |  | 60,315 |  |  | 4,187   |  |  | 8,474   |  |  | 5,517 |  |  | 33,744 |  |  | 9,704   |  |  | 42,218  |  |  | 51,922  |  |  | 14,287 |  | 1973        
|Town Center at Boca Raton,
Boca Raton, FL      |  |  | 0      |  |  | 64,200  |  |  | 307,511 |  |  | 0     |  |  | 51,087 |  |  | 64,200  |  |  | 358,598 |  |  | 422,798 |  |  | 20,133 |  | 1998(Note 4)
|Towne East Square,
Wichita, KS                 |  |  | 78,116 |  |  | 9,495   |  |  | 18,479  |  |  | 2,042 |  |  | 17,652 |  |  | 11,537  |  |  | 36,131  |  |  | 47,668  |  |  | 11,456 |  | 1975        
|Towne West Square,
Wichita, KS                 |  |  | 0      |  |  | 972     |  |  | 21,203  |  |  | 76    |  |  | 7,972  |  |  | 1,048   |  |  | 29,175  |  |  | 30,223  |  |  | 9,802  |  | 1980        
|Treasure Coast Square,
Jenson Beach, FL        |  |  | 63,467 |  |  | 11,124  |  |  | 73,108  |  |  | 3,067 |  |  | 16,213 |  |  | 14,191  |  |  | 89,321  |  |  | 103,512 |  |  | 11,099 |  | 1996(Note 4)
|Tyrone Square,
St. Petersburg, FL              |  |  | 0      |  |  | 15,638  |  |  | 120,962 |  |  | 0     |  |  | 13,566 |  |  | 15,638  |  |  | 134,528 |  |  | 150,166 |  |  | 16,581 |  | 1996(Note 4)
|University Mall,
Little Rock, AR               |  |  | 0      |  |  | 123     |  |  | 17,411  |  |  | 0     |  |  | 899    |  |  | 123     |  |  | 18,310  |  |  | 18,433  |  |  | 5,897  |  | 1967        
|University Mall,
Pensacola, FL                 |  |  | 0      |  |  | 4,741   |  |  | 26,657  |  |  | 0     |  |  | 3,730  |  |  | 4,741   |  |  | 30,387  |  |  | 35,128  |  |  | 5,705  |  | 1994(Note 3)
|University Park Mall,
South Bend, IN           |  |  | 59,500 |  |  | 15,105  |  |  | 61,466  |  |  | 0     |  |  | 11,537 |  |  | 15,105  |  |  | 73,003  |  |  | 88,108  |  |  | 41,063 |  | 1996(Note 4)
|Upper Valley Mall,
Springfield, OH             |  |  | 30,940 |  |  | 8,421   |  |  | 38,745  |  |  | 0     |  |  | 2,551  |  |  | 8,421   |  |  | 41,296  |  |  | 49,717  |  |  | 5,482  |  | 1996(Note 4)
|Valle Vista Mall,
Harlingen, TX                |  |  | 41,069 |  |  | 1,398   |  |  | 17,266  |  |  | 372   |  |  | 8,546  |  |  | 1,770   |  |  | 25,812  |  |  | 27,582  |  |  | 7,414  |  | 1983        
|Virginia Center Commons,
Richmond, VA          |  |  | 0      |  |  | 9,764   |  |  | 50,547  |  |  | 4,149 |  |  | 5,670  |  |  | 13,913  |  |  | 56,217  |  |  | 70,130  |  |  | 7,098  |  | 1996(Note 4)
|Walt Whitman Mall,
Huntington Station, NY      |  |  | 0      |  |  | 51,700  |  |  | 111,170 |  |  | 3,789 |  |  | 27,112 |  |  | 55,489  |  |  | 138,282 |  |  | 193,771 |  |  | 12,333 |  | 1998(Note 4)
|Washington Square,
Indianapolis, IN            |  |  | 33,541 |  |  | 20,146  |  |  | 41,248  |  |  | 0     |  |  | 7,830  |  |  | 20,146  |  |  | 49,078  |  |  | 69,224  |  |  | 6,118  |  | 1996(Note 4)
|West Ridge Mall,
Topeka, KS                    |  |  | 44,288 |  |  | 5,649   |  |  | 34,132  |  |  | 197   |  |  | 5,940  |  |  | 5,846   |  |  | 40,072  |  |  | 45,918  |  |  | 10,108 |  | 1988        
|Westminster Mall,
Westminster, CA              |  |  | 0      |  |  | 45,200  |  |  | 84,709  |  |  | 0     |  |  | 4,253  |  |  | 45,200  |  |  | 88,962  |  |  | 134,162 |  |  | 6,069  |  | 1998(Note 4)
|White Oaks Mall,
Springfield, IL               |  |  | 16,500 |  |  | 3,024   |  |  | 35,692  |  |  | 1,153 |  |  | 14,428 |  |  | 4,177   |  |  | 50,120  |  |  | 54,297  |  |  | 10,446 |  | 1977        
|Windsor Park Mall,
San Antonio, TX             |  |  | 14,235 |  |  | 1,082   |  |  | 16,940  |  |  | 130   |  |  | 3,074  |  |  | 1,212   |  |  | 20,014  |  |  | 21,226  |  |  | 7,252  |  | 1976        
|Woodville Mall,
Toledo, OH                     |  |  | 0      |  |  | 1,831   |  |  | 4,454   |  |  | 0     |  |  | 986    |  |  | 1,831   |  |  | 5,440   |  |  | 7,271   |  |  | 3,807  |  | 1996(Note 4)

47

---

|Community Shopping Centers                   |  |  |        |  |  |       |  |  |        |  |  |      |   |  |        |  |  |       |  |  |        |  |  |        |  |  |       |  |             
|-------------------------------------------- |  |  | ------ |  |  | ----- |  |  | ------ |  |  | ---- | - |  | ------ |  |  | ----- |  |  | ------ |  |  | ------ |  |  | ----- |  | ------------
|Arboretum, The,
Austin, TX                   |  |  | 34,000 |  |  | 7,640 |  |  | 36,778 |  |  | 71   |   |  | 3,212  |  |  | 7,711 |  |  | 39,990 |  |  | 47,701 |  |  | 2,412 |  | 1998(Note 4)
|Bloomingdale Court,
Bloomingdale, IL         |  |  | 29,617 |  |  | 8,764 |  |  | 26,184 |  |  | 0    |   |  | 1,968  |  |  | 8,764 |  |  | 28,152 |  |  | 36,916 |  |  | 5,943 |  | 1987        
|Boardman Plaza,
Youngstown, OH               |  |  | 18,277 |  |  | 8,189 |  |  | 26,355 |  |  | 0    |   |  | 4,551  |  |  | 8,189 |  |  | 30,906 |  |  | 39,095 |  |  | 3,593 |  | 1996(Note 4)
|Bridgeview Court,
Bridgeview, IL             |  |  | 0      |  |  | 302   |  |  | 3,638  |  |  | 0    |   |  | 709    |  |  | 302   |  |  | 4,347  |  |  | 4,649  |  |  | 1,185 |  | 1988        
|Brightwood Plaza,
Indianapolis, IN           |  |  | 0      |  |  | 65    |  |  | 128    |  |  | 0    |   |  | 252    |  |  | 65    |  |  | 380    |  |  | 445    |  |  | 173   |  | 1965        
|Celina Plaza,
El Paso, TX                    |  |  | 0      |  |  | 138   |  |  | 815    |  |  | 0    |   |  | 99     |  |  | 138   |  |  | 914    |  |  | 1,052  |  |  | 262   |  | 1978        
|Century Mall,
Merrillville, IN               |  |  | 0      |  |  | 2,190 |  |  | 4,268  |  |  | 4    |   |  | 1,708  |  |  | 2,194 |  |  | 5,976  |  |  | 8,170  |  |  | 4,535 |  | 1992(Note 3)
|Charles Towne Square,
Charleston, SC         |  |  | 0      |  |  | 418   |  |  | 1,768  |  |  | 425  |   |  | 11,136 |  |  | 843   |  |  | 12,904 |  |  | 13,747 |  |  | 836   |  | 1976        
|Chesapeake Center,
Chesapeake, VA            |  |  | 6,563  |  |  | 5,352 |  |  | 12,279 |  |  | 0    |   |  | 102    |  |  | 5,352 |  |  | 12,381 |  |  | 17,733 |  |  | 1,581 |  | 1996(Note 4)
|Countryside Plaza,
Countryside, IL           |  |  | 0      |  |  | 1,243 |  |  | 8,507  |  |  | 0    |   |  | 656    |  |  | 1,243 |  |  | 9,163  |  |  | 10,406 |  |  | 2,926 |  | 1977        
|Eastgate Consumer Mall,
Indianapolis, IN     |  |  | 0      |  |  | 418   |  |  | 4,722  |  |  | 190  |   |  | 2,660  |  |  | 608   |  |  | 7,382  |  |  | 7,990  |  |  | 3,374 |  | 1991(Note 3)
|Eastland Plaza,
Tulsa, OK                    |  |  | 0      |  |  | 908   |  |  | 3,709  |  |  | 0    |   |  | 50     |  |  | 908   |  |  | 3,759  |  |  | 4,667  |  |  | 856   |  | 1986        
|Forest Plaza,
Rockford, IL                   |  |  | 16,244 |  |  | 4,187 |  |  | 16,818 |  |  | 453  |   |  | 518    |  |  | 4,640 |  |  | 17,336 |  |  | 21,976 |  |  | 3,412 |  | 1985        
|Fox River Plaza,
Elgin, IL                   |  |  | 0      |  |  | 2,908 |  |  | 9,453  |  |  | 0    |   |  | 130    |  |  | 2,908 |  |  | 9,583  |  |  | 12,491 |  |  | 1,933 |  | 1985        
|Glen Burnie Mall,
Glen Burnie, MD            |  |  | 0      |  |  | 7,422 |  |  | 22,778 |  |  | 0    |   |  | 2,866  |  |  | 7,422 |  |  | 25,644 |  |  | 33,066 |  |  | 3,393 |  | 1996(Note 4)
|Great Lakes Plaza,
Cleveland, OH             |  |  | 0      |  |  | 1,028 |  |  | 2,025  |  |  | 0    |   |  | 3,463  |  |  | 1,028 |  |  | 5,488  |  |  | 6,516  |  |  | 909   |  | 1996(Note 4)
|Greenwood Plus,
Greenwood, IN                |  |  | 0      |  |  | 1,265 |  |  | 1,792  |  |  | 0    |   |  | 3,757  |  |  | 1,265 |  |  | 5,549  |  |  | 6,814  |  |  | 1,197 |  | 1979(Note 3)
|Griffith Park Plaza,
Griffith, IN            |  |  | 0      |  |  | 0     |  |  | 2,412  |  |  | 0    |   |  | 156    |  |  | 0     |  |  | 2,568  |  |  | 2,568  |  |  | 926   |  | 1979        
|Grove at Lakeland Square, The,
Lakeland, FL  |  |  | 3,750  |  |  | 5,237 |  |  | 6,016  |  |  | 0    |   |  | 1,015  |  |  | 5,237 |  |  | 7,031  |  |  | 12,268 |  |  | 1,032 |  | 1996(Note 4)
|Highland Lakes Center,
Orlando, FL           |  |  | 14,377 |  |  | 7,138 |  |  | 25,303 |  |  | 0    |   |  | 460    |  |  | 7,138 |  |  | 25,763 |  |  | 32,901 |  |  | 2,523 |  | 1996(Note 4)
|Ingram Plaza,
San Antonio, TX                |  |  | 0      |  |  | 421   |  |  | 1,802  |  |  | 4    |   |  | 21     |  |  | 425   |  |  | 1,823  |  |  | 2,248  |  |  | 753   |  | 1980        
|Keystone Shoppes,
Indianapolis, IN           |  |  | 0      |  |  | 0     |  |  | 4,232  |  |  | 0    |   |  | 590    |  |  | 0     |  |  | 4,822  |  |  | 4,822  |  |  | 363   |  | 1997(Note 4)
|Knoxville Commons,
Knoxville, TN             |  |  | 0      |  |  | 3,731 |  |  | 5,345  |  |  | 0    |   |  | 1,787  |  |  | 3,731 |  |  | 7,132  |  |  | 10,863 |  |  | 1,604 |  | 1987        
|Lake Plaza,
Waukegan, IL                     |  |  | 0      |  |  | 2,812 |  |  | 6,420  |  |  | 0    |   |  | 428    |  |  | 2,812 |  |  | 6,848  |  |  | 9,660  |  |  | 1,310 |  | 1986        
|Lake View Plaza,
Orland Park, IL             |  |  | 21,593 |  |  | 4,775 |  |  | 17,543 |  |  | 0    |   |  | 6,331  |  |  | 4,775 |  |  | 23,874 |  |  | 28,649 |  |  | 3,659 |  | 1986        
|Lakeline Plaza,
Austin, TX                   |  |  | 23,673 |  |  | 4,867 |  |  | 25,732 |  |  | 0    |   |  | 6,132  |  |  | 4,867 |  |  | 31,864 |  |  | 36,731 |  |  | 2,581 |  | 1999(Note 4)
|Lima Center,
Lima, OH                        |  |  | 0      |  |  | 1,808 |  |  | 5,151  |  |  | 0    |   |  | 201    |  |  | 1,808 |  |  | 5,352  |  |  | 7,160  |  |  | 667   |  | 1996(Note 4)
|Lincoln Crossing,
O'Fallon, IL               |  |  | 3,269  |  |  | 1,047 |  |  | 2,692  |  |  | 0    |   |  | 251    |  |  | 1,047 |  |  | 2,943  |  |  | 3,990  |  |  | 549   |  | 1990        
|Mainland Crossing,
Galveston, TX             |  |  | 1,603  |  |  | 1,609 |  |  | 1,737  |  |  | 0    |   |  | 216    |  |  | 1,609 |  |  | 1,953  |  |  | 3,562  |  |  | 293   |  | 1996(Note 4)
|Markland Plaza,
Kokomo, IN                   |  |  | 10,000 |  |  | 210   |  |  | 1,258  |  |  | 0    |   |  | 666    |  |  | 210   |  |  | 1,924  |  |  | 2,134  |  |  | 631   |  | 1974        
|Martinsville Plaza,
Martinsville, VA         |  |  | 0      |  |  | 0     |  |  | 584    |  |  | 0    |   |  | 50     |  |  | 0     |  |  | 634    |  |  | 634    |  |  | 460   |  | 1967        
|Matteson Plaza,
Matteson, IL                 |  |  | 9,509  |  |  | 1,830 |  |  | 9,737  |  |  | 0    |   |  | 2,101  |  |  | 1,830 |  |  | 11,838 |  |  | 13,668 |  |  | 2,477 |  | 1988        
|Memorial Plaza,
Sheboygan, WI                |  |  | 0      |  |  | 250   |  |  | 436    |  |  | 0    |   |  | 857    |  |  | 250   |  |  | 1,293  |  |  | 1,543  |  |  | 508   |  | 1966        
|Mounds Mall Cinema,
Anderson, IN             |  |  | 0      |  |  | 88    |  |  | 158    |  |  | 0    |   |  | 1      |  |  | 88    |  |  | 159    |  |  | 247    |  |  | 70    |  | 1974        
|Muncie Plaza,
Muncie, IN                     |  |  | 0      |  |  | 626   |  |  | 10,626 |  |  | (163 | ) |  | 43     |  |  | 463   |  |  | 10,669 |  |  | 11,132 |  |  | 1,000 |  | 1998        
|New Castle Plaza,
New Castle, IN             |  |  | 0      |  |  | 128   |  |  | 1,621  |  |  | 0    |   |  | 1,286  |  |  | 128   |  |  | 2,907  |  |  | 3,035  |  |  | 888   |  | 1966        
|North Ridge Plaza,
Joliet, IL                |  |  | 0      |  |  | 2,831 |  |  | 7,699  |  |  | 0    |   |  | 532    |  |  | 2,831 |  |  | 8,231  |  |  | 11,062 |  |  | 1,724 |  | 1985        
|North Riverside Park Plaza,
N. Riverside, IL |  |  | 7,222  |  |  | 1,062 |  |  | 2,490  |  |  | 0    |   |  | 633    |  |  | 1,062 |  |  | 3,123  |  |  | 4,185  |  |  | 1,143 |  | 1977        
|Northland Plaza,
Columbus, OH                |  |  | 0      |  |  | 4,490 |  |  | 8,893  |  |  | 0    |   |  | 1,337  |  |  | 4,490 |  |  | 10,230 |  |  | 14,720 |  |  | 1,913 |  | 1988        
|Northwood Plaza,
Fort Wayne, IN              |  |  | 0      |  |  | 284   |  |  | 2,922  |  |  | 0    |   |  | 599    |  |  | 284   |  |  | 3,521  |  |  | 3,805  |  |  | 1,194 |  | 1974        
|Park Plaza,
Hopkinsville, KY                 |  |  | 0      |  |  | 300   |  |  | 1,572  |  |  | 0    |   |  | 224    |  |  | 300   |  |  | 1,796  |  |  | 2,096  |  |  | 549   |  | 1968        
|Regency Plaza,
St. Charles, MO               |  |  | 4,457  |  |  | 616   |  |  | 4,963  |  |  | 0    |   |  | 151    |  |  | 616   |  |  | 5,114  |  |  | 5,730  |  |  | 957   |  | 1988        
|Rockaway Convenience Center,
Rockaway, NJ    |  |  | 0      |  |  | 2,900 |  |  | 12,500 |  |  | 0    |   |  | 50     |  |  | 2,900 |  |  | 12,550 |  |  | 15,450 |  |  | 810   |  | 1998(Note 4)

48

---

|Shops at North East Plaza, The,
Hurst, TX     |              |   | 0         |           |   | 8,988     |           |   | 2,198     |           |   | 3,955   |         |   | 35,753    |           |   | 12,943    |           |   | 37,951     |            |   | 50,894     |            |   | 1,504     |           |             
|--------------------------------------------- | ------------ | - | --------- | --------- | - | --------- | --------- | - | --------- | --------- | - | ------- | ------- | - | --------- | --------- | - | --------- | --------- | - | ---------- | ---------- | - | ---------- | ---------- | - | --------- | --------- | ------------
|St. Charles Towne Plaza,
Waldorf, MD          |              |   | 0         |           |   | 8,779     |           |   | 18,993    |           |   | 0       |         |   | 217       |           |   | 8,779     |           |   | 19,210     |            |   | 27,989     |            |   | 4,066     |           | 1987        
|Teal Plaza,
Lafayette, IN                     |              |   | 0         |           |   | 99        |           |   | 878       |           |   | 0       |         |   | 2,928     |           |   | 99        |           |   | 3,806      |            |   | 3,905      |            |   | 634       |           | 1962        
|Terrace at The Florida Mall,
Orlando, FL      |              |   | 4,688     |           |   | 2,150     |           |   | 7,623     |           |   | 0       |         |   | 1,059     |           |   | 2,150     |           |   | 8,682      |            |   | 10,832     |            |   | 936       |           | 1996(Note 4)
|Tippecanoe Plaza,
Lafayette, IN               |              |   | 0         |           |   | 265       |           |   | 440       |           |   | 305     |         |   | 4,967     |           |   | 570       |           |   | 5,407      |            |   | 5,977      |            |   | 1,326     |           | 1974        
|University Center,
South Bend, IN             |              |   | 0         |           |   | 2,388     |           |   | 5,214     |           |   | 0       |         |   | 342       |           |   | 2,388     |           |   | 5,556      |            |   | 7,944      |            |   | 5,397     |           | 1996(Note 4)
|Wabash Village,
West Lafayette, IN            |              |   | 0         |           |   | 0         |           |   | 976       |           |   | 0       |         |   | 204       |           |   | 0         |           |   | 1,180      |            |   | 1,180      |            |   | 410       |           | 1970        
|Washington Plaza,
Indianapolis, IN            |              |   | 0         |           |   | 941       |           |   | 1,697     |           |   | 0       |         |   | 170       |           |   | 941       |           |   | 1,867      |            |   | 2,808      |            |   | 1,241     |           | 1996(Note 4)
|Waterford Lakes,
Orlando, FL                  |              |   | 56,998    |           |   | 0         |           |   | 1,114     |           |   | 9,502   |         |   | 72,867    |           |   | 9,502     |           |   | 73,981     |            |   | 83,483     |            |   | 2,578     |           |             
|West Ridge Plaza,
Topeka, KS                  |              |   | 5,745     |           |   | 1,491     |           |   | 4,560     |           |   | 0       |         |   | 549       |           |   | 1,491     |           |   | 5,109      |            |   | 6,600      |            |   | 1,015     |           | 1988        
|White Oaks Plaza,
Springfield, IL             |              |   | 17,532    |           |   | 3,265     |           |   | 14,267    |           |   | 0       |         |   | 607       |           |   | 3,265     |           |   | 14,874     |            |   | 18,139     |            |   | 2,784     |           | 1986        
|Wichita Mall,
Wichita, KS                     |              |   | 0         |           |   | 0         |           |   | 4,535     |           |   | 0       |         |   | 1,853     |           |   | 0         |           |   | 6,388      |            |   | 6,388      |            |   | 2,759     |           | 1969        
|Wood Plaza,
Fort Dodge, IA                    |              |   | 0         |           |   | 45        |           |   | 380       |           |   | 0       |         |   | 867       |           |   | 45        |           |   | 1,247      |            |   | 1,292      |            |   | 397       |           | 1968        
|Specialty Retail Centers                      |              |   |           |           |   |           |           |   |           |           |   |         |         |   |           |           |   |           |           |   |            |            |   |            |            |   |           |           |             
|The Forum Shops at Caesars,
Las Vegas, NV     |              |   | 175,000   |           |   | 0         |           |   | 72,866    |           |   | 0       |         |   | 59,762    |           |   | 0         |           |   | 132,628    |            |   | 132,628    |            |   | 27,006    |           | 1992        
|Trolley Square,
Salt Lake City, UT            |              |   | 29,700    |           |   | 4,827     |           |   | 27,539    |           |   | 435     |         |   | 8,376     |           |   | 5,262     |           |   | 35,915     |            |   | 41,177     |            |   | 8,957     |           | 1986(Note 3)
|Office, Mixed-Use Properties and Other        |              |   |           |           |   |           |           |   |           |           |   |         |         |   |           |           |   |           |           |   |            |            |   |            |            |   |           |           |             
|Net Lease Properties, Various                 |              |   | 1,054     |           |   | 8,934     |           |   | 4,300     |           |   | 0       |         |   | 0         |           |   | 8,934     |           |   | 4,300      |            |   | 13,234     |            |   | 0         |           |             
|New Orleans Centre/CNG Tower,
New Orleans, LA |              |   | 0         |           |   | 3,493     |           |   | 41,231    |           |   | 0       |         |   | 10,921    |           |   | 3,493     |           |   | 52,152     |            |   | 55,645     |            |   | 6,336     |           | 1996(Note 4)
|O Hare International Center,
Rosemont, IL     |              |   | 0         |           |   | 125       |           |   | 60,287    |           |   | 1       |         |   | 8,507     |           |   | 126       |           |   | 68,794     |            |   | 68,920     |            |   | 22,448    |           | 1988        
|Riverway,
Rosemont, IL                        |              |   | 0         |           |   | 8,739     |           |   | 129,175   |           |   | 16      |         |   | 10,562    |           |   | 8,755     |           |   | 139,737    |            |   | 148,492    |            |   | 45,533    |           | 1991        
|Development Projects                          |              |   |           |           |   |           |           |   |           |           |   |         |         |   |           |           |   |           |           |   |            |            |   |            |            |   |           |           |             
|Bowie Town Center,
Bowie, MD                  |              |   | 8,657     |           |   | 5,575     |           |   | 570       |           |   | 4       |         |   | 11,533    |           |   | 5,579     |           |   | 12,103     |            |   | 17,682     |            |   | 0         |           |             
|Other                                         |              |   | 0         |           |   | 790       |           |   | 1,771     |           |   | 12,002  |         |   | 3,829     |           |   | 12,792    |           |   | 5,600      |            |   | 18,392     |            |   | 0         |           |             
|Corporate,
Indianapolis, IN                   |              |   | 0         |           |   | 2,345     |           |   | 500       |           |   | 280     |         |   | 12,811    |           |   | 2,625     |           |   | 13,311     |            |   | 15,936     |            |   | 914       |           |             
|                                              |              |   |           |           |   |           |           |   |           |           |   |         |         |   |           |           |   |           |           |  
|                                              | SubtotalSPG |   | $         | 3,164,032 |   | $         | 1,865,644 |   | $         | 9,047,756 |   | $       | 130,282 |   | $         | 1,903,830 |   | $         | 1,995,926 |   | $          | 10,951,586 |   | $          | 12,947,512 |   | $         | 1,441,789 |             
|                                              |              |   |           |           |   |           |           |   |           |           |   |         |         |   |           |           |   |           |           |  
|Corporate, Indianapolis, IN                   |              |   | 0         |           |   | 4,595     |           |   | 2,966     |           |   | 7       |         |   | 4,595     |           |   | 2,973     |           |   | 7,568      |            |   | 1,338      |            |   |           |           |             
|                                              |              |   |           |           |   |           |           |   |           |           |   |         |         |   |           |           |   |           |           |  
|                                              | SubtotalSRC |   | $         | 0         |   | $         | 4,595     |   | $         | 2,966     |   | $       | 0       |   | $         | 7         |   | $         | 4,595     |   | $          | 2,973      |   | $          | 7,568      |   | $         | 1,338     |             
|                                              |              |   |           |           |   |           |           |   |           |           |   |         |         |   |           |           |   |           |           |  
|                                              |              |   |           |           |   |           |           |   |           |           |   |         |         |   |           |           |   |           |           |  
|                                              |              | $ | 3,164,032 |           | $ | 1,870,239 |           | $ | 9,050,722 |           | $ | 130,282 |         | $ | 1,903,837 |           | $ | 2,000,521 |           | $ | 10,954,559 |            | $ | 12,955,080 |            | $ | 1,443,127 |           |             
|                                              |              |   |           |           |   |           |           |   |           |           |   |         |         |   |           |           |   |           |           |  

49

---



SIMON PROPERTY GROUP, INC. AND SPG REALTY CONSULTANTS, INC.

NOTES TO SCHEDULE III AS OF DECEMBER 31, 2000  (Dollars in thousands)

The
changes in real estate assets for the years ended December 31, 2000, 1999 and 1998 are as follows:

Simon Property Group, Inc.2000

1999

1998Balance, beginning of year

$
12,720,218

$
11,757,035

$
6,814,065Acquisitions and Consolidations





475,166


4,829,704Improvements


344,098


545,840


357,023Disposals


(116,804
)

(57,823
)

(126,454
)Deconsolidations








(117,303
)Balance, close of year

$
12,947,512

$
12,720,218

$
11,757,035


SPG Realty Consultants, Inc.2000

1999

1998Balance, beginning of year

$
7,568

$
33,688

$
32,146Acquisitions








1,542Improvements





561


Disposals





(26,681
)

Balance, close of year

$
7,568

$
7,568

$
33,688


The
unaudited aggregate cost for SPG and SRC for federal income tax purposes as of December 31, 2000 were $9,125,170 and $7,568, respectively.

The
changes in accumulated depreciation and amortization for the years ended December 31, 2000, 1999 and 1998 are as follows:

Simon Property Group, Inc.2000

1999

1998Balance, beginning of year

$
1,070,689

$
689,853

$
448,353Acquisitions and Consolidations





32,793


25,839Depreciation expense


395,957


355,064


247,832Disposals


(24,857
)

(7,021
)

(32,171
)Balance, close of year

$
1,441,789

$
1,070,689

$
689,853


SPG Realty Consultants, Inc.2000

1999

1998Balance, beginning of year

$
1,252

$
12,360

$
10,613Depreciation expense


86


227


1,747Disposals





(11,335
)

Balance, close of year

$
1,338

$
1,252

$
12,360


50

---

Depreciation
of the Companies' investment in buildings and improvements reflected in the statements of operations is calculated over the estimated original lives of the assets as
follows:

Buildings
and Improvementstypically 35 years

Tenant
Inducementsshorter of lease term or useful life

51

---



INDEX TO EXHIBITS

|Exhibits |  |                                                                                                                                                                                                                                                                                                              |  | Page
|-------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |  | ----
|2.1      |  | Agreement and Plan of Merger among Simon DeBartolo Group, Inc. and Corporate Property Investors and Corporate Realty Consultants, Inc. (incorporated by reference to Exhibit 10.1 in the Form 8-K filed by Simon DeBartolo Group, Inc. on February 24,
1998).                                                |  |     
|3.1      |  | Restated Certificate of Incorporation of SPG (incorporated by reference to Exhibit 3.1 of the Form 8-K filed by the Companies on October 9, 1998).                                                                                                                                                           |  |     
|3.2      |  | Restated By-laws of SPG (incorporated by reference to Exhibit 3.2 of the Form 8-K filed by the Companies on October 9, 1998).                                                                                                                                                                                |  |     
|3.3      |  | Restated Certificate of Incorporation of SRC (incorporated by reference to Exhibit 3.3 of the Form 8-K filed by the Companies on October 9, 1998).                                                                                                                                                           |  |     
|3.4      |  | Restated By-laws of SRC (incorporated by reference to Exhibit 3.4 of the Form 8-K filed by the Companies on October 9, 1998).                                                                                                                                                                                |  |     
|3.5      |  | Certificate of Powers, Designations, Preferences and Rights of the 7.00% Series C Cumulative Convertible Preferred Stock, $0.0001 Par Value (Incorporated by reference to Exhibit 3.1 of the Companies' Form 10-Q filed on November 15, 1999).                                                               |  |     
|3.5a     |  | Certificate of Correction Filed to Correct Certain Errors in Certificate of Powers, Designations, Preferences and Rights of the 7.00% Series C Cumulative Convertible Preferred Stock, $0.0001 Par Value (Incorporated by reference to Exhibit 3.1a of the
Companies' Form 10-Q filed on November 15, 1999). |  |     
|3.6      |  | Certificate of Powers, Designations, Preferences and Rights of the 8.00% Series D Cumulative Redeemable Preferred Stock, $0.0001 Par Value (Incorporated by reference to Exhibit 3.2 of the Companies' Form 10-Q filed on November 15, 1999).                                                                |  |     
|3.6a     |  | Certificate of Correction Filed to Correct Certain Errors in Certificate of Powers, Designations, Preferences and Rights of the 8.00% Series D Cumulative Redeemable Preferred Stock, $0.0001 Par Value (Incorporated by reference to Exhibit 3.2a of the
Companies' Form 10-Q filed on November 15, 1999).  |  |     
|3.7      |  | Certificate of Powers, Designations, Preferences and Rights of the 8.00% Series E Cumulative Redeemable Preferred Stock, $0.0001 Par Value (Incorporated by reference to Exhibit 3.3 of the Companies' Form 10-Q filed on November 15, 1999).                                                                |  |     
|4.1      |  | Supplemental Indenture, dated as of June 22, 1998, by and among the SPG Operating Partnership and The Chase Manhattan Bank, as trustee, relating to the Securities (incorporated by reference as Exhibit 4.2 to the Registration Statement of
Simon DeBartolo Group, L.P. on Form S-4 (Reg. No. 333-63645)). |  |     
|4.2      |  | Issuance Agreement, dated as of September 24, 1998, between SPG and SRC (incorporated by reference to Exhibit 4.5 of the Form 8-K  filed by the Companies on October 9, 1998).                                                                                                                               |  |     
|4.3      |  | Trust Agreement, dated as of October 30, 1979 among shareholders of CPI, SRC and First Jersey National Bank, as Trustee (incorporated by reference to Exhibit 4.7 of the Form S-4 filed by CPI on August 13, 1998 (Reg. No. 333-61399)).                                                                     |  |     
|4.4      |  | Trust Agreement, dated as of August 26, 1994, among the holders of the 6.50% First Series Preference Shares of CPI, SRC and Bank of Montreal Trust Company, as Trustee (incorporated by reference to Exhibit 4.8 of the Form S-4 filed by CPI on August 13,
 1998 (Reg. No. 333-61399)).                     |  |     
|         |  |                                                                                                                                                                                                                                                                                                              |  |     

52

---

|9.1   |     | Amended and Restated Voting Trust Agreement, Voting Agreement and Proxy between MSA, on the one hand, and Melvin Simon, Herbert Simon and David Simon, on the other hand                                                                                                                                                                                                                                                                                                                                                                                         |  | 
|----- | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | 
|10.1  |     | Third Amended and Restated Credit Agreement dated as of August 25, 1999 (incorporated by reference to Exhibit 10.1 of the Form 10-Q filed by the SPG Operating Partnership on November 15, 1999).                                                                                                                                                                                                                                                                                                                                                                |  | 
|10.2  |     | Form of SPG Indemnity Agreement between SPG and its directors and officers. (incorporated by reference to Exhibit 10.7 of the Form S-4 filed by CPI on August 13, 1998 (Reg. No. 333-61399)).                                                                                                                                                                                                                                                                                                                                                                    |  | 
|10.3  |     | Registration Rights Agreement (the "Agreement"), dated as of August 9, 1996, by and among the "Simon Family Members" (as defined in the Agreement), SPG, JCP Realty, Inc., Brandywine Realty, Inc., and the Estate of Edward J. DeBartolo Sr., Edward J.
DeBartolo, Jr., Marie Denise DeBartolo York, and the Trusts and other entities listed on Schedule 2 of the Agreement, and any of their respective successors-in-interest and permitted assigns. (incorporated by reference to Exhibit 10.60 of the 1996
Form 10-K filed by Simon DeBartolo Group, Inc.) |  | 
|10.4  |     | SPG Registration Rights Agreement, dated as of September 24, 1998, by and among SPG and the persons named therein. (incorporated by reference to Exhibit 4.4 of the Form 8-K filed by SPG on October 9, 1998).                                                                                                                                                                                                                                                                                                                                                   |  | 
|10.5  | (a) | The SPG Operating Partnership 1998 Stock Incentive Plan (incorporated by reference to Exhibit 10.5 of the Form S-4 filed by CPI on August 13, 1998 (Reg. No. 333-61399)).                                                                                                                                                                                                                                                                                                                                                                                        |  | 
|10.6  | (a) | Form of Employment Agreement between Hans C. Mautner and the Companies (incorporated by reference to Exhibit 10.63 of the Form S-4 filed by CPI on August 13, 1998 (Reg. No. 333-61399)).                                                                                                                                                                                                                                                                                                                                                                        |  | 
|10.7  | (a) | Form of Incentive Stock Option Agreement between the Companies and Hans C. Mautner pursuant to the SPG Operating Partnership 1998 Stock Incentive Plan (incorporated by reference to Exhibit 10.59 of the Form S-4 filed by CPI on August 13, 1998 (Reg.
No. 333-61399)).                                                                                                                                                                                                                                                                                        |  | 
|10.8  | (a) | Form of Nonqualified Stock Option Agreement between the Companies and Hans C. Mautner pursuant to the SPG Operating Partnership 1998 Stock Incentive Plan (incorporated by reference to Exhibit 10.61 of the Form S-4 filed by CPI on August 13, 1998
(Reg. No. 333-61399)).                                                                                                                                                                                                                                                                                     |  | 
|10.9  | (a) | CPI Executive Severance Policy, as amended and restated effective as of August 11, 1998 (incorporated by reference to Exhibit 10.65 of the Form S-4 filed by CPI on August 13, 1998 (Reg. No. 333-61399)).                                                                                                                                                                                                                                                                                                                                                       |  | 
|10.10 |     | Form of Employment Agreement between Hans C. Mautner and Simon Global Limited.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |  | 
|10.11 |     | Form of First Amendment to Employment Agreement Dated September 23, 1998 between Hans C. Mautner and the Companies.                                                                                                                                                                                                                                                                                                                                                                                                                                              |  | 
|10.12 |     | Form of Employment Agreement between Richard S. Sokolov, Simon Property Group Inc., and Simon Property Group Administrative Services Partnership, L.P. Dated March 26, 1996.                                                                                                                                                                                                                                                                                                                                                                                     |  | 
|13.1  |     | Selected Financial Data, Management's Discussion and Analysis of Financial Condition and Results of Operations and Financial Statements of the Registrants as contained in the Registrants' 2000 Annual Report to Shareholders.                                                                                                                                                                                                                                                                                                                                  |  | 
|21.1  |     | List of Subsidiaries of the Company                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |  | 
|      |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |  | 

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|23.1 |  | Consent of Arthur Andersen LLP              |  | 
|---- |  | ------------------------------------------- |  | 
|99.1 |  | Financial Statements of Mill Creek Land LLC |  | 

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