No frills retailer eats up empty Toys R Us and Ulta spaces

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Home good superstore At Home is eating up the old Toys R Us,
Kids R Us and Ulta Cosmetics spaces in the North Haven Commons in Connecticut.

Charter Realty & Development announced it brokered an 85,000 s/f lease with the furnishings juggernaut that was just acquired by private equity company, Hellman & Friedman, for $2.4 billion.

Established in 1979, At Home has been on a tear in recent
years, opening 228 stores across the US, including its first in New York City
at the Rego Park shopping mall in Queens.

At North Haven Commons, At Home will open a new 85,000 s/f outlet in space previously occupied by bankrupt Toy R Us and Ulta Beauty, which has shuttered multiple outlets following a partnership deal with Target to place shops in 100 stores across the U.S.

At Home bills itself as a unique home décor concept that
offers the biggest in-store selection of home décor styles at an incredible
value. It sells up to 50,000 home décor items for every room, every style and
every budget — from furniture, rugs, wall art and housewares to tabletop, patio
and holiday décor — in stores averaging just over 100,000 square feet.

According to Charter Realty, the New Haven lease is the
culmination of two years of negotiations that were hampered by the Covid-19
pandemic. At Home was represented by Welco Realty Inc. in the transaction.

At Home will be joining Best Buy, Petco, Big Lots and Olive Garden at the 204,000 s/f North Haven Commons located on Universal Drive in North Haven, CT.

Earlier this year, At Home opened a new 101,488 s/f store at the Shops of Nanuet at 5101 Fashion Dr., Nanuet, NY. That space is part of the former Macy’s department store which has been redeveloped by Metropolitan Realty Advisors (MRA) as a modern 218,000 s/f retail space with a grand two-story lobby, contemporary finishes, wifi and improved elevator and escalator arteries.

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