• 96% occupancy rate
• 5% average annual increase in NOI
• Over 30 million square feet developed
• Average sales per square foot exceeding $485
• Average sales per square foot - 15% above industry
• Over $3 billion in retail sales per year

Kravco Simon is located in
The Atrium, 234 Mall Blvd
King of Prussia, Pa. 19406

• To provide property management, leasing, merchandising and development services to retail property owners.
• To acquire or to partner in the acquisition of land to develop community centers, lifestyle centers and mixed-use projects.

Kravco Simon through its predecessor Kravco Company has been in business for over fifty years. During that time, the former Kravco Company established itself as a leading real estate development and asset management company specializing in regional shopping malls and community shopping centers. Kravco Simon currently manages and leases approximately 11.0 million square feet of regional enclosed shopping centers. In addition Kravco Simon currently manages in excess of 1.3 million square feet of community, lifestyle & office centers. Kravco Simon's largest mall, The Court and The Plaza at King of Prussia, is the second largest mall in the United States and has eight department stores.

Kravco Simon Company was formed in the fourth quarter of 2003 as a result of Simon Property Group, an Indianapolis, Indiana- based REIT, increasing its ownership interests in Kravco Investments L.P. (KI) and in Kravco Company (KC), its affiliated property management company.

The name change from Kravco Company (KC) to Kravco Simon Company (KSC) was done to reflect the new ownership structure. Arthur L. Powell, one of the original founders of KC, and family members remain active in the company and sit on the new Board of Directors. Arthur Powell is Chairman and his son, Jon R. Powell, President. Other members of the Board include: James Barkley, Richard S. Powell, Richard S. Sokolov, and Stephen Sterrett.