- Real Estate
- Food & Drink
May 21, 2019
Home decor superstore At Home is coming to Sioux Falls.
The retailer is leasing the former Shopko at 1601 W. 41st St. and will occupy the entire 90,500-square-foot building.
“This is a testament that there is still demand for big-box retail space,” said Ryan Tysdal of Van Buskirk Cos., who put the deal together. “Although big retail is undoubtedly evolving, there is usually ‘opportunity in the ashes’ with big-box properties.”
The deal came together extremely fast, he said.
“The At Home deal literally began within five minutes after Shopko announced they would close the Sioux Falls stores,” Tysdal said.
“I met with At Home a couple years ago to discuss the possibility of putting them in the former Hobby Lobby building. While they loved the location, that building is not actually large enough for At Home. So when the Shopko building became a possibility, I approached the landlord (Ernst Capital) and began discussions with At Home immediately.”
At Home has been filling Shopko and Kmart locations nationwide.
The Texas-based retailer operates almost 200 stores in 38 states.
What will you find there?
More than 50,000 home-related products the retailer says fit any budget or style.
There’s everything from patio furniture and artwork to mirrors and rugs.
This is just one look at a selection of bar stools at a store in Minnesota.
It’s literally a floor-to-ceiling shopping experience filled with furniture, housewares and seasonal decor.
At Home is expected to remodel the Shopko space, which closed Sunday, and move in later this year.
“This is really a positive story from all directions,” Tysdal said. “It’s a win for Sioux Falls to get another national retailer of this caliber. It’s a win for At Home to secure such prime real estate in our market. And it’s a win for the landlord and the investors in the building to backfill the property immediately.”
Home décor superstore At Home is coming to Sioux Falls.