ORANGETHEORY FITNESS OPENS AT BURLESON COMMONSFor More Information: Anaise Berry Director of Marketing 309-999-1735
FOR IMMEDIATE RELEASE ORANGETHEORY FITNESS OPENS AT BURLESON COMMONS (Peoria, IL – December 7, 2017) – Orangetheory Fitness, the scientifically backed and fast-growing fitness franchise, officially opens its newest studio at Burleson Commons in Burleson, TX. Burleson Commons is a Kroger anchored shopping center owned and managed by Cullinan Properties, Ltd., headquartered in Peoria, Illinois. Owned and operated by K&M Fitness VI, LLC, the new studio has been celebrating its soft opening this month and will officially open to the public on December 15th, with classes starting at 5:00 a.m. Those interested in getting to know more about Orangetheory can stop in during operating hours. “We are passionate about health and wellness and are excited to bring Orangetheory Fitness to our community,” said Kim and Mason, Orangetheory Fitness – Burleson franchisees. “We can’t wait for Burleson’s residents to become part of the Orangetheory family and start seeing results from our unique, high-energy workout.” Orangetheory Fitness launched its first studio in Fort Lauderdale, FL in March 2010 and has transformed into one of the world’s top fitness franchises, with more than 700 studios in 47 states and 13 countries. The 60-minute, five zone heart-rate based interval training concept has helped tens of thousands of members lose weight, get toned and meet their overall fitness goals in a short amount of time. The fitness franchise is on track to have 900 open studios in 2017. Premiere Cinemas at Burleson Commons has also recently completed upgrades to make the movie going experience even more enjoyable. The cinema features new luxurious recliner electric seats in all auditoriums, complete with USB ports, electric adjustable headrests and individual swivel tables at every seat for private in-theatre dining during the movie. Additions to the lobby include unlimited refills on popcorn and drinks available from self-serve stations, featuring touch-screen computerized fountain systems that offer hundreds of flavor options. “Audiences are loving these new amenities,” said Gary Moore, CEO of Premiere Cinemas. “We are thrilled to bring Burleson the finest in cinema comfort and luxury as it evolves.” About Orangetheory® Fitness About Burleson Commons Burleson Commons is a shopping destination comprised of several retail strip centers and outlots. The center, which opened in 2008, is co-anchored by Premiere Cinemas, a 14-screen, 43,363 square foot theater and the 120,000 square foot Kroger Marketplace®. Burleson Common’s 45-acre property is located at the intersection of State Highway 174 (Wilshire Blvd) and 731 in Burleson, Texas. 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. ###
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BRULEE BOUTIQUE OPENS AT STREETS OF ST. CHARLESFor More Information: Anaise Berry Director of Marketing 309-999-1735 FOR IMMEDIATE RELEASE
BRULEE BOUTIQUE OPENS at STREETS OF ST. CHARLES
(Peoria, IL, November 22, 2017) – Just in time for Black Friday and Small Business Saturday, Streets of St. Charles welcomes Brulee Boutique, a women’s clothing and accessory store, which opened this week. Brulee Boutique carries brands, among others, such as MINK PINK, Toby Heart Ginger and Jolie & Dean. Owned by St. Charles County local, Khadija Lumpkins, the boutique combines her love of fashion and seven years of retail experience. “Working in retail and helping people feel beautiful daily made me feel like I want to have my own boutique where that is all I do,” said Lumpkins. “I want women to feel they can have versatile, comfortable and fashionable clothing in their everyday lives.” “We are thrilled that Brulee Boutique is open just in time for holiday shopping,” said Patricia Kueneke, Senior Real Estate Representative for Cullinan Properties, Ltd. “Streets of St. Charles has a great mix of locally owned boutiques and restaurants, in addition to nationally recognized names, making ‘Streets’ the perfect shopping destination for Small Business Saturday and the holiday season.” About Brulee Boutique Brulee Boutique is a New York-inspired women’s clothing and accessory store offering comfortable, versatile clothing that can be dressed up or down. Brulee Boutique is located at the Streets of St. Charles development in St. Charles, MO. For more information, visit bruleeboutique.com. About the Streets of St. Charles Owned and managed by Cullinan Properties, Ltd., The Streets of St. Charles is a distinctive 27-acre mixed-use community with retail, dining, entertainment, hospitality, multi-family and office components. With a town center design that creates a neighborhood atmosphere, the Streets of St. Charles is unique in the market and includes all the latest amenities for sophisticated living, casual and elegant dining, retail, modern offices, and entertainment. For more information on Streets of St. Charles, visit streetsofstcharles.com. About Cullinan Properties, Ltd 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 and medical properties throughout the United States, including Illinois, Missouri, Texas, Georgia, Michigan and Kansas. For additional information about Cullinan Properties, Ltd., visit cullinanproperties.com.
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STREETS OF ST. CHARLES PLANS NEXT PHASE OF CONSTRUCTION SPRING 2018For More Information: Anaise Berry Director of Marketing 309-999-1735 FOR IMMEDIATE RELEASE Streets of St. Charles Plans Next Phase of Construction Spring 2018 New 60,000 SF Building Will Continue to Fill Need for Retail and Office Space in St. Charles County
(Peoria, IL, October 23, 2017) – Long known as the Mecca for chain restaurants and big box shopping, St. Charles has recently claimed its place among foodies, boutique shoppers, and new-urban dwellers with the opening and continued expansion of Streets of St. Charles. The mixed-use development has quickly gained a reputation for bringing unique offerings to the St. Louis region, and has announced plans to begin construction on the next building on the property, a 60,000 square feet, three-story structure designed to accommodate more retail and office tenants. Design-related activities, being done by St. Louis architecture firm, Oculus, Inc., are well underway for the building and are scheduled to be completed later this year in preparation for starting construction in Spring 2018. Located at the northeast corner of Beale and Lombard Streets across from Firebirds and P.F. Changs, the new building will complement other multi-story mixed-use buildings on the site. Approximately 20,000 square feet of prime retail space will be available on the ground floor, with two levels of office space totaling approximately 40,000 square feet above the ground floor retail. Pre-leasing is now underway, with anticipated tenant turnovers by Fall 2018. Cullinan Properties is leasing the ground floor retail space and Balke Brown Transwestern is marketing the office space for the building. Today, Streets of St. Charles is home to many St. Louis area firsts, including Prasino, Tucanos Brazilian Grill, and Firebirds Wood Fired Grill, as well as locally owned retailers such as Leopard Boutique, Olivino Tasting Bar, and Sole & Blues, among others. The area’s newest Drury Plaza Hotel opened in August 2017, and St. Louis’ first Tru Hotel by Hilton is currently under construction. “We’ve quickly learned through conversations with potential tenants, and the community in general, that Streets of St. Charles is the place people want to be,” said Kathleen Brill, Vice President and Director of Leasing for Cullinan Properties. “Our current tenants are expanding, experiencing extreme growth, and thriving in the community that’s been created here. St. Charles and the entire region have embraced the destination concept, and the many one-of-a-kind businesses located here. We expect that the latest addition to the property will fill up quickly, adding to the unique and vibrant atmosphere that is Streets of St. Charles, and have already had significant interest from retail, service and office users.” Streets of St. Charles, which opened in 2012, was developed with a vision to bridge the gap between the landscape of traditional offerings that existed in St. Charles County at the time and the untapped demand in the market for new and unique shopping, dining, service, living and work experiences. That vision has not only developed into a popular community attraction, it has also paid off for the tenants who are seeing their businesses grow. Bar Louie recently completed a 2,100 square foot expansion that includes a private event space, a second bar, and additional seating. Mission Taco, which just opened in June 2017, is already adding space to accommodate their growing needs. “This level of growth demonstrates that there was pent-up demand for a destination like Streets of St. Charles, which is attracting patrons from across the St. Louis area and beyond – demand that, quite frankly, surprised others,” said Brill. “We’re setting the benchmark in the region for this type of development. There was previously nothing to compare, and others are now looking to us as that standard. We’re proud to have created a destination where businesses can grow, and the community can find a home.” About the Streets of St. Charles Owned and managed by Cullinan Properties, Ltd., The Streets of St. Charles is a distinctive 27-acre mixed-use community with retail, dining, entertainment, hospitality, multi-family and office components. With a town center design that creates a neighborhood atmosphere, the Streets of St. Charles is unique in the market and includes all the latest amenities for sophisticated living, casual and elegant dining, retail, modern offices, and entertainment. For more information on Streets of St. Charles, visit streetsofstcharles.com. About Cullinan Properties, Ltd 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 and medical properties throughout the United States, including Illinois, Missouri, Texas, Georgia, Michigan and Kansas. For additional information about Cullinan Properties, Ltd., visit cullinanproperties.com.
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QUINCY MALL CONTINUES CULLINAN KICKSTART PROGRAM WITH FRANCHISE INCENTIVESFor More Information: Anaise Berry Director of Marketing 309-256-8170
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.
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ORANGETHEORY FITNESS TO OPEN NEW LOCATION AT BURLESON COMMONSFor More Information: Anaise Berry Director of Marketing 309-999-1735
FOR IMMEDIATE RELEASE
ORANGETHEORY FITNESS TO OPEN NEW LOCATION AT BURLESON COMMONS
(Peoria, IL – September 27, 2017) – Burleson Commons welcomes Orangetheory Fitness to its growing mixed-use development located at the intersection of Wilshire Blvd (S.H.174) and F.M. 731 in Burleson, Texas. Orangetheory Fitness, a fast-growing fitness franchise with 676 studio locations throughout the U.S. and 77 international locations, will open its 25th location in the Dallas-Fort Worth area. Burleson Commons is a Kroger anchored shopping center owned and managed by Cullinan Properties, Ltd., headquartered in Peoria, Illinois. Orangetheory Fitness workouts are unique, utilizing heartrate-based interval training focusing on endurance, strength and power. Workouts are designed to push clients into the “Orange Zone” to create “Excess Post-Exercise Oxygen Consumption,” or EPOC. The support of coaches, energy, endurance and accountability is the psychology behind Orangetheory Fitness, and studios are spacious, modern and welcoming. The Burleson location will hold 50-75 classes each week. “We could not be more thrilled than to be opening our sixth location in Burleson. Everyone we have met in Burleson, from the City to the Landlord representatives, have embraced us and have been incredibly helpful,” said Mason and Kim Mason, Area Representatives of Orangetheory Fitness at Burleson Commons. “Our mission statement for our studios is to provide an environment where both our employees and our clients are given the opportunity, motivation and training to identify, define and achieve their personal goals while positively impacting our and their communities. We can’t wait to bring the Orangetheory Fitness product to the city of Burleson, just in time for New Year’s resolutions.” Orangetheory Fitness will occupy 4,050 square feet of space at the 1561 Wilshire Street multi-tenant building next to Marvel Dental and Marble Slab Creamery in the center of the development. The estimated opening date is mid-December, with a pre-burn party held this Saturday, September 30th from 9am-6pm. The party will include informational presentations about Orangetheory Fitness, the opportunity to try equipment and reserve packages at a special rate, in addition to health and fitness vendors and other Burleson Commons tenants. “There is a lot of momentum at Burleson Commons right now, and Orangetheory Fitness will be an excellent addition to the development,” stated Sean Garrett, President of Acquisitions and Director of Community Relations at Cullinan Properties, Ltd. “Orangetheory’s clients will appreciate the central location in Burleson and convenience of being able to grab a bite to eat, some groceries, or even a movie after a hard workout without ever leaving the development.” Complementing the development’s growth, Burleson Premiere Cinemas will soon be introducing theater upgrades. The theater will boast new computerized touch-screen fountain and popcorn systems, automated ticketing kiosks, a bar for adult beverage service and reserved electric-recliner seating in all auditoriums. Upgrades are expected to be completed this November, just in time for the holiday movie season. About Orangetheory® Fitness About Burleson Commons Burleson Commons is a shopping destination comprised of several retail strip centers and outlots. The center, which opened in 2008, is co-anchored by Premiere Cinemas, a 14-screen, 43,363 square foot theater and the 120,000 square foot Kroger Marketplace®. Burleson Common’s 45-acre property is located at the intersection of State Highway 174 (Wilshire Blvd) and 731 in Burleson, Texas. 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.
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CULLINAN KICKSTART PROGRAM BRINGS LOCAL BAKERY AND CAFE TO QUINCY MALLFor More Information: Anaise Berry Director of Marketing 309-999-1735
FOR IMMEDIATE RELEASE
CULLINAN KICKSTART PROGRAM BRINGS LOCAL BAKERY AND CAFÉ TO QUINCY MALL
(Peoria, IL – August 15, 2017) – Cullinan Properties, Ltd. is welcoming a new small business to Quincy Mall. Sidell’s Bakery & Diner, a full-service bakery and diner offering breakfast and lunch options, is the first small business to come to Quincy Mall through the Cullinan Kickstart program. Sidell’s Bakery & Diner will offer a full range of baked goods, coffee and refreshments, as well as a breakfast and lunch menu featuring freshly cooked meals. Everything served at the bakery and café is made from scratch in-house, with a focus on generous portions and quick, quality service. Owners Jon and Nicole Sidell envisioned a mixed bakery and diner concept as a way to combine their two passions. Nicole is an experienced Le Cordon Bleu baker and Jon has spent many years in the restaurant industry. “The diner aspect is second nature to me and my wife wanted to have a bakery, so I thought this was the perfect combination,” stated Jon Sidell. Cullinan Kickstart is a small business financing program aimed at attracting new or expanding area businesses to Quincy Mall. Launched in June, the program offers entrepreneurs and small businesses a variety of lease and financing options specifically tailored to the needs of each qualifying business to help counter start-up challenges and complement the lineup of national retailers at the mall. “Through the Cullinan Kickstart program, we’re thrilled to have another food and dining option for visitors to Quincy Mall,” stated Sean Garrett, President of Acquisitions and Director of Community Relations for Cullinan Properties. “The Kickstart program was designed to help create small businesses and jobs in Quincy and we look forward to assisting additional entrepreneurs in Quincy going forward.” “We thought the Kickstart program was too good of an opportunity to pass up,” stated Sidell. “It seemed like a no brainer to us.” Sidell’s Bakery & Diner will be located on the west end of the mall near the Slumberland Furniture currently under construction. The bakery and diner is expected to open in September. Entrepreneurs looking to launch or expand a business utilizing the Kickstart program benefits should contact Quincy Mall for more information. 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 late 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. ### |
BURLESON COMMONS SHOWS CONTINUAL GROWTH WITH NEW TENANTSFor More Information: Anaise Berry Director of Marketing 309-999-1735
FOR IMMEDIATE RELEASE
BURLESON COMMONS SHOWS CONTINUAL GROWTH WITH NEW TENANTS (Peoria, IL – July 18, 2017) – Cullinan Properties, Ltd. announces continued growth to its thriving Burleson Commons property with the addition of The Garage, an upscale men’s hair and grooming salon, who opened its doors earlier this summer. Burleson Commons is located at the intersection of Wilshire Blvd (S.H.174) and F.M. 731 in Burleson, Texas. The property is owned and managed by Cullinan Properties, Ltd., headquartered in Peoria, Illinois. The Garage is a new salon concept that features a unique garage theme to appeal to its male clientele. A team of nine grooming specialists offer haircuts, face shaves, beard trimming and shaping, face treatments, waxing, massage therapy and high quality grooming products. Additionally, R Taco, a fast-casual taco restaurant, will open its first Burleson location in a new building planned to be completed at the Kroger anchored shopping center in early 2018. SRS Real Estate’s Dallas/Ft. Worth office represented Cullinan Properties, Ltd. in both R Taco and The Garage’s transactions. The Burleson area has seen tremendous growth in the past year, especially in regards to economic development. According to the State of the City address given by Mayor Ken Shetter in January, “Burleson is booming.” Mayor Shetter announced that $150 million in new investment was made in 2016, compared to $12 million in the previous year. Burleson’s median household income is also more than $5,000 higher than the median income for the state, and the city’s retail vacancy rate remains the lowest of any DFW submarket at 1.9%. Burleson Commons is no exception to the city’s booming growth and success. The property has welcomed five new businesses just since the opening of Kroger in December 2015. “Burleson is such a hot market right now with the strong population growth and new home construction,” stated Kathleen Brill, Vice President and Director of Leasing for Cullinan Properties, Ltd. “We have a lot of interest in our few remaining existing spaces and we anticipate more construction and tenant announcements will occur at Burleson Commons later this year.” About Burleson Commons Burleson Commons is a shopping destination comprised of several retail strip centers and outlots. The center, which opened in 2008, is co-anchored by Premiere Cinemas, a 14-screen, 43,363 square foot theater and the 120,000 square foot Kroger Marketplace®. Burleson Common’s 45-acre property is located at the intersection of State Highway 174 (Wilshire Blvd) and 731 in Burleson, Texas. 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 and medical properties throughout the United States, including Illinois, Missouri, Michigan, Georgia, Texas and Kansas. For additional information about Cullinan Properties, Ltd., visit www.cullinanproperties.com.
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STEVEN GATTON JOINS CULLINAN PROPERTIES AS DIRECTOR OF ASSET MANAGEMENTFor More Information: Anaise Berry Director of Marketing 309-999-1735
FOR IMMEDIATE RELEASE STEVEN GATTON JOINS CULLINAN PROPERTIES AS DIRECTOR OF ASSET MANAGEMENT (Peoria, IL – June 29, 2017) – Cullinan Properties Ltd. is pleased to announce the addition of Steven C. Gatton as Director of Asset Management. Gatton brings over 14 years of finance, operations and management experience to the Cullinan Properties team. Gatton, who is based in Cullinan Properties’ East Peoria office, will manage all aspects of property operations for the company, including supervision of both in-house personnel and third-party firms. He will oversee the company’s self-managed properties totaling over 6 million square feet. “Cullinan Properties is focused on continuing to expand its retail, office, medical, government and multi-family portfolio, and Steve will be integral in helping us achieve those goals,” stated Sean Garrett, President of Acquisitions and Director of Community Relations for Cullinan Properties. “Prior to joining Cullinan Properties, Steve was responsible for the management of over 3.3 million square feet of commercial property as well as over 200 tenant relationships. He brings great experience with him to the role and excellent ideas to help push Cullinan to new heights.” Gatton previously served as the Finance and Asset Manager for The Staenberg Group, a commercial real estate development firm. He led the company on various financial strategies and debt placement for all new and existing projects. His responsibilities also included day-to-day operations and management of all TSG Retail Properties in the Midwest and Eastern United States. Prior to The Staenberg Group, Gatton worked for THF Realty where he managed 17 shopping centers and over 2.1 million square feet of assets. Gatton is a graduate of Keller Graduate School where he earned his Master’s Degree in Business Administration and a Graduate Certificate in Entrepreneurship. He also holds a degree in Business Finance from Lindenwood University. Steven Gatton can be reached at (309) 999-1736. 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.
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QUINCY MALL OFFERS FINANCIAL INCENTIVES FOR NEW SMALL BUSINESSES TENANTSFor More Information: Anaise Berry Director of Marketing 309-999-1735 aberry@cullprop.com FOR IMMEDIATE RELEASE
QUINCY MALL OFFERS FINANCIAL INCENTIVES FOR NEW SMALL BUSINESSES TENANTS
(Peoria, IL – June 20, 2017) – Cullinan Properties, Ltd., owner and managing company for Quincy Mall, is targeting small businesses and entrepreneurs to complement its current and expanding lineup of national retailers at the mall. Cullinan Properties has announced the launch of Cullinan Kickstart, a small business financing program aimed at attracting new or expanding area businesses to Quincy Mall. The Cullinan Kickstart program will offer local entrepreneurs and small businesses a variety of lease and financing options specifically tailored to the needs of each qualifying business. Some options available include: free rent in 2017, 100% financing, long term reduced rent for tenants taking spaces in existing condition, and early lease termination options. Cullinan Properties recognizes that every small business has specific start-up challenges, so multiple programs have been designed depending on the needs of the tenant. 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. “We are thrilled to launch this exciting new program for Quincy entrepreneurs. This is a great opportunity to launch a business at the premier retail destination in the trade area. New businesses will benefit from the unrivaled foot-traffic the mall generates as well as the incentives provided,” states Sean Garrett, Director of Community Relations for Cullinan Properties. “We have a variety of tools available for new and expanding businesses which will help take a lot of the risk out of opening a new store. We are excited to begin working with local entrepreneurs on launching new businesses and creating new jobs in Quincy.” Amy Looten, outgoing Executive Director for the Quincy Area Chamber of Commerce, stated, “We are so pleased that the Quincy Mall has developed this program to encourage local entrepreneurs to pursue their dreams. Locally-owned businesses are the heartbeat of our community. They make Quincy unique, interesting to visit, and a great place to live and raise a family. Local owners are dedicated to providing only the best for their customers, their employers and our community.” Cullinan Properties recently announced the addition of Slumberland to Quincy Mall. Slumberland will be opening later this year. A number of improvements resulting in an investment of over $4 million dollars directly into Quincy mall are also being made in 2017 and will include new outdoor pylon signage and enhancements to the interior décor. “We are very excited about Slumberland joining the mall and we cannot wait to begin assisting new local businesses get off the ground” states Garrett. “Tenants launched from the Cullinan Kickstart program will help give the mall a local vibe while still housing the national tenants like Victoria Secret, Buckle, Zales, and others which have made the Quincy Mall a regional shopping destination. We strongly encourage anyone looking to launch a business to contact us to learn more about Cullinan Kickstart and to see if they qualify for this unique opportunity.” 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 late 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, Ltd. 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 and medical properties throughout the United States, including Illinois, Missouri, Texas, Georgia, Michigan and Kansas. For additional information about Cullinan Properties, Ltd., visit cullinanproperties.com. #### |
THE LEVEE DISTRICT IN EAST PEORIA CONTINUES TO GROWFor More Information: Anaise Berry Director of Marketing 309-999-1735
FOR IMMEDIATE RELEASE
THE LEVEE DISTRICT IN EAST PEORIA CONTINUES TO GROW
(EAST PEORIA, IL – June 13, 2017) – Cullinan Properties announces that the Levee District continues to grow with the addition of a new multi-tenant building currently under construction between Panda Express and McDonalds at 4015 Spinder Drive in East Peoria, IL. This multi-tenant building will be home to T-Mobile, beginning this fall, with additional tenants to be announced in the near future. T-Mobile has developed a unique “Un-carrier” formula built around listening to customers and solving their cellular plan frustrations. To date, T-Mobile has launched 13 consumer-friendly changes including the elimination of annual service contracts, ending overages, enabling upgrades anytime, free international data roaming in over 140 countries and destinations, unlimited music and video streaming, and offering all unlimited data plans with taxes and fees included. The new multi-tenant building will provide shoppers to The Levee District with even more retail options in East Peoria, serving as a testament to the thriving center and its retailers. The Target-anchored shopping center is already home to a diverse mix of local and national retail, restaurant, service, and medical tenants, including: Ross, Ulta, Tequila’s Mexican Restaurant, Jenny Craig, and Heartland Dental. The Levee District is over 90% occupied with just a few units remaining which drove demand for the new building and has limited spaces for lease available. “We are very excited about this new addition in the Levee District and look forward to future retail, service and employment opportunities,” stated Mayor Mingus of East Peoria. “T-Mobile will be an excellent and complimentary addition to the collection of shops, restaurants and services at the Levee District, and we’re pleased to have them, along with several other tenants, opening in the near future and growing the Levee District,” stated Vice President and Director of Leasing, Kathleen Brill. About T-Mobile About The Levee District Owned and managed by Cullinan Properties, Ltd., The Levee District, encompasses over 86 acres that includes 650,000 sq. ft. of retail and restaurant space, as well as office, hotel and civic components. Co-anchors include Target, Costco, Gordmans, Ross Dress For Less and Ulta. Businesses adjacent to the property include: Holiday Inn & Suites with a full service Johnny’s Italian Steak House, Hometown Bank, Aldi and the Fondulac District Library. For more information, visit TheLeveeDistrict.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.
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Neighborhood Partners(Excerpt from Shopping Center Business May 2017) |
Streets of St. Charles Announces 2017 Summer Concert Series LineupFor More Information: FOR IMMEDIATE RELEASE Streets of St. Charles Announces 2017 Summer Concert Series Lineup St. Charles, Mo., April 12, 2017 – The Streets of St. Charles keeps the tradition alive with Y98 and the Greater St. Charles Convention and Visitors Bureau for the 2017 summer concert series. Coined the StreetsFest Beale Street Concert Series, the music events will be held monthly on Beale Street the second Wednesday of each month beginning in May. Dr. Zhivegas will kick off the season on May 10th from 6pm to 8pm. Trixie Delight will close out the performances in September. Concerts are free and open to the public. The summer concert is as follows:
“Beale Street is known for its entertainment, and we bring that to life here with our annual concert series,” said Robey Taylor, property manager at Streets of St. Charles. “This outdoor experience gives attendees the opportunity to experience a selection of food, drinks, shopping, and local bands in a vibrant atmosphere that is unique to Streets of St. Charles.” The Streets of St. Charles is a distinctive 27-acre mixed-use community with retail, dining, entertainment, hospitality, residential and office components. With a town-center design that creates a neighborhood atmosphere, the Streets of St. Charles is unique in the market and includes all the latest amenities for sophisticated living, casual and elegant dining, retail, modern offices, and entertainment. For more information on Streets of St. Charles, visit streetsofstcharles.com. About Cullinan Properties. Ltd Cullinan Properties, Ltd., with offices in Chicago, IL, Peoria, IL and St. Louis, MO, is a multi-disciplined real estate firm that develops, manages and owns mixed-use, retail, residential, office and medical properties throughout the United States. For additional information on Cullinan Properties, Ltd., visit cullinanproperties.com. ### |
The Word for “the Streets” is Vibrant!(Excerpt from StreetScape Magazine Spring Issue) |
STREETS OF ST. CHARLES WELCOMES ITS NEWEST “FIRST” TO THE ST. LOUIS AREA AS TRU HOTEL BEGINS CONSTRUCTIONFOR IMMEDIATE RELEASE
STREETS OF ST. CHARLES WELCOMES ITS NEWEST “FIRST” TO THE ST. LOUIS AREA AS TRU HOTEL BEGINS CONSTRUCTION
(Peoria, IL, March 1, 2017) – Since opening in 2012, Streets of St. Charles has gained a reputation for bringing a series of tenants who are new to the area, opening their first St. Louis location at this quickly growing property. Streets of St. Charles owner and developer, Cullinan Properties, Ltd., is pleased to announce that Tru by Hilton Hotel is the latest tenant to follow this trend of businesses that choose Streets of St. Charles as the home for their introduction to the St. Louis market.
Tru by Hilton Hotel is a newly launched Hilton brand unveiled in 2016. Nearly 200 Tru by Hilton locations are currently in the works. Construction at Streets of St. Charles is now underway, with an official groundbreaking ceremony scheduled for March 23, 2017. The hotel, owned by St. Charles Hotel Associates and managed by Kinseth Hospitality Companies, will be located at the south end of the property, and will feature 87 guest rooms in a five-story building. Tru by Hilton will cater to a Millennial and cross-generational audience, with modern, efficiently designed guest rooms, and cross-functional public spaces with areas for working, socializing and dining.
“Since its inception, Streets of St. Charles has been envisioned and developed around the idea of creating a community, where there is something for everyone and all would feel welcome to gather and share experiences,” said Kathleen Brill, Vice President and Director of Leasing for Cullinan Properties. “The addition of Tru by Hilton furthers that vision, offering a new and unique space for visitors to feel right at home. It serves as a perfect complement to the Streets of St. Charles.”
“We are very excited to be bringing the St. Louis area’s first Tru by Hilton Hotel to Streets of St. Charles,” said Bruce Kinseth, Executive Vice President of Kinseth Hospitality. “In fact, St. Charles will be among the first cities to offer a Tru by Hilton, a hotel brand featuring a completely new concept with its millennial-focused design style. Guests will have a travel experience rather than just a place to sleep.”
The Tru by Hilton announcement was followed by news that First Watch The Daytime Café, specializing in breakfast, lunch and brunch, will join Streets of St. Charles. The new First Watch will occupy 3,339 square feet of space on the north end of the property, and will be located next to Pieology. Construction of the space, which includes an expansion of the existing building, began in January. First Watch is currently scheduled to open this summer.
“During the past 17 years, we’ve really enjoyed being part of the St. Louis area and watching the surrounding communities thrive,” said Chris Tomasso, president of First Watch. “St. Charles is a growing, vibrant city that we’ve had our sights set on for quite some time, and we’re thrilled to finally announce our plans to bring our fresh breakfast, brunch and lunch to this community in 2017.”
Other recent tenants to announce new locations at Streets of St. Charles include Mission Taco Joint, currently under construction and expected to open in Spring, 2017, and RCSBank, which will occupy over 3,100 square feet of space on Beale Street this spring.
“The delivery of financial services is rapidly moving to a digital distribution channel supported by bricks and mortar,” said Chuck Leuck, President/CEO of RCSBank. “We were seeking a destination point that created a client experience—work life balance. The Streets of St. Charles was the ideal location to roll-out our business concept.” About Tru Hotel by Hilton
About First Watch First Watch specializes in award-winning, made-to-order Breakfast, Brunch and Lunch. A recipient of more than 200 “Best Breakfast” and “Best Brunch” accolades, First Watch offers traditional favorites, such as omelets, pancakes, sandwiches and salads, and unique specialty items like Quinoa Power Bowls, Avocado Toast and the Chickichanga. First Watch was named the 2016 top Family Dining restaurant by Consumer Reports, a 2015 Top Consumer Pick by Nation’s Restaurant News and a 2014 Top Franchise Value by FSR Magazine. First Watch is the largest and fastest-growing daytime-only restaurant concept in the U.S. with more than 295 restaurants in 26 states, including more than 195 First Watch restaurants, 97 The Egg & I restaurants, one The Good Egg restaurant in Phoenix and one Bread & Company restaurant in Nashville. For more information, visit firstwatch.com.
About RCSBank RCSBank is a community bank that provides financial services to family owned businesses, owner families, and professionals. RCSBank’s market covers the business diverse Mark Twain Region between St. Charles, MO and Hannibal, MO.
About the Streets of St. Charles The Streets of St. Charles is a distinctive 27-acre mixed-use community with retail, dining, entertainment, hospitality, residential and office components. With a town-center design that creates a neighborhood atmosphere, the Streets of St. Charles is unique in the market and includes all the latest amenities for sophisticated living, casual and elegant dining, retail, modern offices, and entertainment. For more information on Streets of St. Charles, visit streetsofstcharles.com.
About Cullinan Properties. Ltd Cullinan Properties, Ltd., with offices in Chicago, IL, Peoria, IL and St. Louis, MO, is a multi-disciplined real estate firm that develops, manages and owns mixed-use, retail, residential, office and medical properties throughout the United States. For additional information on Cullinan Properties, Ltd., visit cullinanproperties.com.
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SLUMBERLAND FURNITURE TO JOIN QUINCY MALL AS ANCHOR TENANTFOR IMMEDIATE RELEASE
SLUMBERLAND FURNITURE TO JOIN QUINCY MALL AS ANCHOR TENANT
(Peoria, IL – February 28, 2017) – Cullinan Properties is pleased to announce that Slumberland Furniture will be opening a new store at the Quincy Mall in the fall of 2017. Slumberland will join Quincy Mall’s collection of existing retail tenants and further strengthen the mall as the dominant shopping destination in the 29-county Quincy trade area.
As a premier national furniture retailer, Slumberland will greatly complement the mall’s existing tenants as the first furniture retailer to join the mall. Slumberland will add to the mall’s diverse offerings, giving shoppers a broader experience. The retailer is projecting to generate even higher sales figures than the previous occupant JC Penney, benefitting not only the mall, but the City of Quincy and the greater community. Slumberland Furniture was so confident in the projected growth of Quincy Mall and the Quincy market they decided to invest long-term in its success with this corporate-owned store location.
“We were seeking to broaden our product offerings at Quincy Mall in order to have a variety of destination shops to attract shoppers seeking all sorts of merchandise throughout the year,” said Vice President and Director of Leasing, Kathleen Brill. “We’re pleased to have a quality national retailer like Slumberland making this major investment in Quincy Mall.”
These exciting steps for the mall could not have been made without the City of Quincy’s support. Sean Garrett, Cullinan’s President of Acquisitions and Director of Community Relations, stated, “The City of Quincy was great to work with. Their collaboration was vital in securing this new anchor tenant and in laying the framework for our multi-year investment plan. Quincy’s economy continues to shine due to their diversified workforce and employer base and we are excited to continue being a part of this great community”.
This transaction kicks-off a multi-year plan to further develop Quincy Mall. These improvements will result in an investment of over $4 million dollars directly into the mall. In addition to the opening of Slumberland, Quincy Mall patrons and tenants can expect new mall pylon signage and enhancements to the interior décor before the end of the year. Cullinan Properties is also currently in negotiations with several other retailers looking to join the lineup at Quincy Mall.
About Slumberland Furniture Founded in 1967 in Richfield, Minn., Slumberland began as a mattress and La-Z-Boy specialty shop whose mission has been to make people comfortable with both its products and prices. Over the past 40 years Slumberland has expanded to more than 125 stores across 12 states and is now the Midwest’s largest retailer of Sealy and Simmons Mattresses, one of America’s top sellers of La-Z-Boy upholstery, and has earned the designation of Elite Retailer from Tempur-Pedic International. The family-owned business has a deep commitment to community service, and dedicates 10% of its profits to charitable giving every year. For more information, visit Slumberland.com.
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. 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, Ltd. Cullinan Properties, Ltd., with offices in Chicago, IL, Peoria, IL and St. Louis, MO, is a multi-disciplined real estate firm that develops, manages and owns mixed-use, retail, multi-family, office and medical properties throughout the United States. For additional information on Cullinan Properties, Ltd., visit CullinanProperties.com.
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SUPERCUTS OPENS AT THE LEVEE DISTRICT IN EAST PEORIAFOR IMMEDIATE RELEASE
SUPERCUTS OPENS AT THE LEVEE DISTRICT IN EAST PEORIA
(EAST PEORIA, IL – January 17, 2017) – Cullinan Properties announces the opening of Supercuts at The Levee District on January 18th. Supercuts is located at 378 W. Washington, across from Jersey Mike’s and next to Tequila’s Mexican Bar & Grill. Owned and franchised by Regis Corporation, Supercuts prides itself on offering consistent and quality haircuts with attention-to-detail service at affordable prices.
Not only does Supercuts provide no-appointment-required haircuts to men, women and children, but they also offer hair coloring and waxing services at this location and their more than 2,400 salons across North America. Guests can purchase professional hair care products including Paul Mitchell, Biolage, Redken, American Crew, Nioxin and more at affordable prices from Supercuts, as well.
“The addition of Supercuts builds on the already wide selection of dining, shopping and service businesses at the Levee District,” said Kathleen Brill, Vice President of Leasing for Cullinan Properties, Ltd. “We are thrilled to provide this new service to the professionals and residents of East Peoria and the surrounding area!”
About Supercuts Supercuts salons are owned and franchised by Regis Corporation (NYSE:RGS), the beauty industry’s global leader in beauty salons and cosmetology education. Supercuts is a salon industry leader in haircare services, with over 33 million guest visits per year for haircutting, hair color services and more. Their proven technique, highly trained stylists and nationally recognized professional brands of haircare products offer an exceptional guest experience.
About The Levee District Owned and managed by Cullinan Properties, Ltd., The Levee District, encompasses over 86 acres that includes 650,000 sq. ft. of retail and restaurant space, as well as office, hotel and civic components. Co-anchors include Target, Costco, Gordmans, Ross Dress For Less and Ulta. Businesses adjacent to the property include: Holiday Inn & Suites with a full service Johnny’s Italian Steak House, Hometown Bank, Aldi and the Fondulac District Library. For more information, visit www.theleveedistrict.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 and medical properties throughout the United States, including Illinois, Missouri, Georgia, Texas and Kansas. For additional information about Cullinan Properties, Ltd., visit www.cullinanproperties.com.
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