Quincy Mall works with town to land Slumberland

With just over 50 stores, Quincy Mall is hardly the biggest regional center in the nation, but it’s a big deal in the rural Mississippi River town of Quincy, Illinois, just a skiff’s ride from Mark Twain’s hometown of Hannibal, Missouri. And it was big news in Quincy when the J.C. Penney in the Cullinan-owned property closed shop.



Cullinan management was especially pleased, therefore, to announce that it had sold the 91,000-sq.-ft. space to furniture retailer Slumberland. The deal was only able to go through after Quincy town aldermen voted to allow Cullinan to subdivide and sell the Penney building.



It’s the mall’s first furniture retailer, and Cullinan reports that Slumberland promises to produce higher sales volume than Penney’s was able to manage from the mall’s 60-mile-radius trade area.



“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,” said Sean Garrett, Cullinan’s president of acquisitions.



The deal comes as Cullinan initiates a $4 million renovation at the property that will feature new interior and exterior décor. Sears and Bergner’s department store are Quincy Mall’s other anchors.

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