With corporate headquarters in Peoria, IL and regional offices in Chicago, IL and St. Louis, MO, the strategic locations of Cullinan Properties allow us to offer a number of services in order to effectively manage and lease our projects.
Finance / Accounting
Cullinan’s finance & accounting department is responsible for administering the company’s fiscal affairs in accordance with all applicable guidelines. The team, consisting of a chief investment officer, chief financial officer, controller, financial analysts and a qualified team of accounting personnel manages the annual budget and advises management on all aspects of financial planning and debt management. In addition, they are responsible for collection and disbursement of all funds and implementation of effective internal control systems. The accounting team maintains the company’s financial records and provides management with monthly financial reports and project accounting.
Asset Management / Third Party Management
From meeting with tenants, suppliers and industry leaders to providing third party management services, the Cullinan Asset Management Team serves properties totaling more than six million square feet. With our years in the industry and combined expertise, we oversee all aspects of each real estate asset as well as explore the newest and innovative programs and products designed to increase the value of all managed properties.
Development / Tenant Coordination
Our main focus is maintaining the quality of the property by reviewing the tenant design from an aesthetic as well as functional basis, with the goal of helping new tenants open for business in a timely manner. This is done by reviewing the business’s design and expediting the construction process of each pending tenant deal, from inception until opening day. Cullinan’s coordinators weigh the physical and financial implications of reconstructing lease spaces to accommodate certain tenant deals and ensure any reconstruction is completed in a timely manner.
Our leasing team handles all aspects of new tenant generation – from identifying prospective tenants and making initial contact to negotiating and closing the deal. To date, the Cullinan Properties Leasing Team is responsible for a portfolio of over 6 million square feet of commercial property including tenants such as Bon Ton, Costco, Dunham’s Sports, Gordmans, Ross Dress for Less, Gold’s Gym Express, Petco, Starbucks and AMC Theatres. Members of the team prepare all leases, leasing budgets and materials, work with national and regional brokers and create marketing and presentation materials for each of the properties on both inline and out parcel transactions. Before lease finalization, our leasing agents work with construction management to satisfy space layout requests and reconfigurations, complete lease outline drawings, and revise lease and site plans for the new tenant.
By understanding each project and the surrounding market, our marketing team designs specific initiatives and communications to support the efforts of the leasing team and position our properties most effectively. Our marketing team is responsible for the marketing and communications for all new developments and operating properties in order to serve their unique needs. The marketing department also coordinates advertising, promotion, special events, media planning and placement, community and public relations, leasing support, and market research.