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FOR IMMEDIATE RELEASE
QUINCY MALL CONTINUES CULLINAN KICKSTART PROGRAM WITH FRANCHISE INCENTIVES
(Peoria, IL – October 18, 2017) – Cullinan Properties, Ltd., owner and managing company for Quincy Mall, is targeting new franchises to complement its current and expanding lineup of national retailers and small businesses at the mall. Cullinan Properties has announced the launch of the Cullinan Kickstart Franchise Forward Program, a financing program aimed at helping franchisees start or open secondary locations at Quincy Mall.
Franchise Forward will equip franchises looking to bring a new concept to Quincy with necessary financial, construction or general support resources that may be needed to successfully open new franchise locations. Some options available include: franchise fee reimbursement assistance, 100% construction financing and low risk early termination options. Cullinan Properties will custom tailor leases and incentives depending on specific franchisee needs. In addition to financial assistance, Cullinan Properties will also provide ongoing guidance from a retail leasing expert, marketing support, and construction management consulting to businesses admitted into the program.
Franchise Forward is a companion program to the Cullinan Kickstart Small Business Program. Since its launch in June, the Small Business program has generated a great deal of interest from area small businesses. Sidell’s Bakery & Diner was among the first to participate in the program, launching their first small business at Quincy Mall on September 15th.
“We were delighted with the interest and success of the Small Business program right from the start- and knew the next step would be creating a similar program for franchises looking to bring new and exciting concepts to Quincy,” said Sean Garrett, President of Acquisitions and Director of Community Relations at Cullinan Properties, Ltd. “The Franchise Forward program serves as a great resource for franchisees seeking to launch a location in a thriving area with continuous, quality foot traffic and a customer draw of over 60 miles. The goal of the program is to introduce Quincy to franchises that either have not considered Quincy or have not been able to establish a presence in the market. With Sidell’s Bakery opening in September, Slumberland opening its doors soon, and the recent news that IHOP will be locating just outside the mall, we’re thrilled with the increasing momentum at Quincy Mall.”
The program is available for retail, restaurant service and entertainment uses in Quincy Mall and the adjacent strip center.
Media interviews with Cullinan Properties and Quincy Mall representatives will be available today, October 18th, at Quincy Mall from 11 a.m. to 1 p.m. Please call (217) 641-9202 to schedule.
About Quincy Mall
Owned and managed by Cullinan Properties, Ltd., Quincy Mall is a destination regional mall in the heart of a 60-mile trade area, anchored by Bergner’s, Sears and AMC Theaters. Quincy Mall’s newest anchor, Slumberland, is slated to open in November 2017. In addition to a diverse shopping experience, Quincy Mall hosts an impressive line-up of events each year that add to their guests’ shopping experience. For more information, visit ShopQuincyMall.com
About Cullinan Properties
Cullinan Properties, LTD. is a leading provider of real estate services specializing in commercial and mixed-use developments and acquisitions. With offices in Peoria, IL, Chicago, IL and St. Louis, MO, Cullinan Properties is a multi-disciplined real estate firm that develops, manages and owns mixed-use, retail, multi-family, office, governmental and medical properties throughout the United States, including Illinois, Missouri, Michigan, Georgia, Texas and Kansas. For additional information about Cullinan Properties, Ltd., visit cullinanproperties.com.