The Quentin Collection

The Quentin Collection is a lifestyle-oriented shopping center in Kildeer, Illinois, a suburban community in the Chicago metropolitan area. The center occupies approximately 171,179 square feet, or about 15,903 square meters, and combines large-format retailers with specialty and more upscale stores. It opened in fall 2005 and was developed as part of a retail environment serving residents of Chicago’s northwestern suburbs. The property is located directly across from Deer Park Town Center. Although the two centers are geographically close and compete for overlapping consumer traffic, they are situated in different municipalities: The Quentin Collection is in Kildeer, while Deer Park Town Center is in Deer Park. This location places The Quentin Collection within a concentrated suburban retail corridor in which shopping, dining, household purchases, and personal services are organized around automobile access and destination-oriented visits. Its tenant mix has included Best Buy, DSW, Kirkland’s, PetSmart, Stein Mart, The Fresh Market, and Furniture Kidz. These retailers give the center a broad commercial profile rather than a single-specialty identity. Electronics, footwear, home furnishings, pet supplies, grocery, and general lifestyle merchandise collectively support both routine shopping and larger planned purchases. The presence of big-box and specialty tenants also reflects the center’s positioning as a moderate-sized lifestyle center rather than a traditional enclosed regional mall. The Quentin Collection was initially developed by Zaremba Group Inc., a Lakewood, Ohio-based developer. In September 2006, New Plan acquired the property from Zaremba in a reported transaction valued at US$27 million. New Plan was subsequently associated with Brixmor Property Group, which became the property’s ownership group according to the available reference material. The acquisition marked an early ownership transition soon after the center’s opening and placed the property within a larger portfolio of open-air and shopping-center real estate. Available reference material provides limited information about later redevelopment, tenant turnover, management, financial performance, or the center’s current tenant roster. Accordingly, The Quentin Collection is best documented as a suburban shopping-center property and retail destination rather than as a consumer-goods brand. Its brand identity is based primarily on the name of the center, its location, its tenant assortment, and its role within the local retail landscape.

The Quentin Collection was developed as a suburban open-air retail center in Kildeer, Illinois, and opened in fall 2005. Its development was undertaken by Zaremba Group Inc., a real-estate developer based in Lakewood, Ohio. The project entered the market as a moderate-sized lifestyle center rather than a conventional enclosed shopping mall, with a planned mix of large-format and specialty retailers intended to serve consumers in Chicago’s northwestern suburbs. The center’s approximately 171,179-square-foot footprint supports a broad retail program. Its reported major retailers have included Best Buy, DSW, Kirkland’s, PetSmart, Stein Mart, The Fresh Market, and Furniture Kidz. Together, these tenants represented categories such as consumer electronics, footwear, home goods, grocery, pet supplies, and furniture. The assortment gave the property a destination-shopping function while also allowing for more routine household and lifestyle purchases. A notable feature of the property’s competitive setting is its location directly across from Deer Park Town Center. The two shopping centers are close to one another but lie in separate municipalities: The Quentin Collection is in Kildeer, whereas Deer Park Town Center is in Deer Park. Their proximity places them within the same suburban retail catchment area while preserving distinct property identities and municipal locations. In September 2006, approximately one year after the center opened, New Plan purchased The Quentin Collection from Zaremba Group. The reported sale price was US$27 million. New Plan was a New York-based owner and operator of shopping-center properties and later became associated with Brixmor Property Group. This transaction transferred the newly opened center from its original developer to a larger shopping-center ownership platform. The available historical record does not provide a detailed account of subsequent renovations, tenant changes, management appointments, operating results, or current ownership arrangements beyond the association with Brixmor Property Group. It also does not document a separate corporate organization behind the center’s consumer-facing name. The Quentin Collection is therefore primarily understood as a branded retail property whose identity rests on its physical site, tenant mix, and position within the Kildeer and Deer Park suburban shopping corridor.

• 2006

  New Plan acquires the center

  [1]The Quentin Collectionen.wikipedia.org

  New Plan purchases The Quentin Collection from its developer, Zaremba Group Inc., in a reported US$27 million transaction.

• 2005

  The Quentin Collection opens

  [1]The Quentin Collectionen.wikipedia.org

  The lifestyle shopping center opens in fall 2005 in Kildeer, Illinois, with approximately 171,179 square feet of retail space.

A moderate-sized suburban lifestyle shopping center combining big-box anchors and specialty retailers across electronics, footwear, home furnishings, grocery, pet supplies, and general lifestyle merchandise.

• Lifestyle shopping center · 2005

  Retail shopping center

  The Quentin Collection is an approximately 171,179-square-foot suburban lifestyle center in Kildeer, Illinois. Its retail format brings together big-box and specialty stores in an open-air shopping environment. Reported tenants have included electronics, footwear, home, grocery, pet-supply, and furniture retailers, giving the property a broad destination-oriented assortment.

• 2006

  Sale of The Quentin Collection to New PlanM&A

  Background

  The newly opened shopping center was developed and initially owned by Zaremba Group Inc. before being sold in the following year.

  Action taken

  New Plan acquired The Quentin Collection from Zaremba Group in September 2006 in a reported transaction valued at US$27 million.

  Aftermath

  The property moved from its original developer into the portfolio of a larger shopping-center owner. New Plan later became associated with Brixmor Property Group.

  Reported acquisition price. US$27 million (September 2006)

  Source

1. 1The Quentin Collectionen.wikipedia.org