South Dakota Archives - REBusinessOnline

Marcus & Millichap Brokers $18.7M Sale of Sherwin-Williams Retail Portfolio Across Three States

Kristin Harlow — Mon, 23 Mar 2026 13:41:54 +0000

MINNESOTA, NORTH DAKOTA AND SOUTH DAKOTA — Marcus & Millichap has arranged the $18.7 million sale of an 11-property Sherwin-Williams retail portfolio in Minnesota, North Dakota and South Dakota. Dominic Sulo and Jon Ruzicka of Marcus & Millichap represented the Minnesota-based private seller and procured the Michigan-based institutional buyer. The properties are located in Bemidji, Duluth, Fergus Falls, Grand Rapids, Sartell, Minn.; Bismarck and Grand Forks, N.D.; and Sioux Falls, Tea and Watertown, S.D. They total approximately 55,590 rentable square feet. Prior to marketing efforts, Marcus & Millichap assisted the seller in securing 15-year lease extensions across the entire portfolio.

The post Marcus & Millichap Brokers $18.7M Sale of Sherwin-Williams Retail Portfolio Across Three States appeared first on REBusinessOnline.

Kraus-Anderson Completes $7.4M Yorkshire Medical Office Building in Brookings, South Dakota

Kristin Harlow — Tue, 14 Oct 2025 13:21:42 +0000

BROOKINGS, S.D. — Kraus-Anderson has completed the $7.4 million Yorkshire Medical Office Building for Brookings Health System at 2311 Yorkshire Drive in Brookings, a city in eastern South Dakota. Designed by TSP Inc., the 12,000-square-foot project marks the first phase of the new medical office building and will serve as the future home of the Brookings Health System Eye Clinic and Physical Therapy. The eye clinic features six exam rooms, a retail optical space and a dedicated procedure room. The physical therapy clinic, in collaboration with Avera Physical Therapy, includes a 2,100-square-foot rehabilitation gym, 10 treatment rooms and a HydroWorx therapy pool equipped with an underwater camera for advanced therapy sessions. The project is located 8 feet from the existing building that currently houses the eye clinic. Once the new facility is operational with patients, the old building will be demolished, allowing for the completion of a new parking area. An upcoming phase to be completed in the coming years will be a mirrored extension of the current structure.

The post Kraus-Anderson Completes $7.4M Yorkshire Medical Office Building in Brookings, South Dakota appeared first on REBusinessOnline.

Capri Pools & Aquatics Completes $31.3M Expansion to University of South Dakota Wellness Center

Kristin Harlow — Mon, 06 Oct 2025 13:56:59 +0000

VERMILLION, S.D. — Capri Pools & Aquatics has completed a new 45,800-square-foot expansion to the University of South Dakota Wellness Center. The firm completed the $31.3 million project in partnership with Journey Construction, RGD Planning & Design and Councilman Hunsaker. The natatorium houses an Olympic-sized competition pool, activity pool, Ninja Cross aquatic obstacle course, multipurpose room, hot tub, steam room, athletic locker rooms, expanded wellness locker rooms, a meet management room, coaches’ offices and a lifeguard room. The 12,930-square-foot Olympic-sized competition pool features 50-meter lanes and two movable bulkheads to divide the pool into three separate zones for simultaneous activities. It also includes seating for 400 people.

The post Capri Pools & Aquatics Completes $31.3M Expansion to University of South Dakota Wellness Center appeared first on REBusinessOnline.

Kraus-Anderson Begins $13M Expansion at Huron Regional Medical Center in South Dakota

Kristin Harlow — Wed, 16 Jul 2025 13:04:00 +0000

HURON, S.D. — Kraus-Anderson has begun a $13 million expansion at Huron Regional Medical Center in South Dakota. Designed by Wold HFR Design, the 7,500-square-foot addition will feature four new operating rooms, staff lockers and a lounge. The project also includes an 11,581-square-foot renovation of the existing OR suite, endoscopy rooms and pre- and post-operating rooms; and a new 19,081-square-foot sterile processing area and support spaces. Completion is slated for November 2026.

The post Kraus-Anderson Begins $13M Expansion at Huron Regional Medical Center in South Dakota appeared first on REBusinessOnline.

Kraus-Anderson Completes $7.6M Renovation Project for Prairie Lakes Healthcare in South Dakota

Kristin Harlow — Fri, 21 Jun 2024 13:24:13 +0000

WATERTOWN, S.D. — Kraus-Anderson has completed a $7.6 million critical care unit (CCU) and kidney dialysis unit renovations for Prairie Lakes Healthcare at 401 9th Ave. NW in Watertown, a city in eastern South Dakota. Designed by BWBR Architects, the 15,000-square-foot project was constructed in two phases. The first phase included the second-floor CCU, featuring eight new patient rooms and a dedicated air handler. The second phase featured the new kidney dialysis unit with 10 new infusion bays, including two isolation rooms.

The post Kraus-Anderson Completes $7.6M Renovation Project for Prairie Lakes Healthcare in South Dakota appeared first on REBusinessOnline.

ISG Opens Third South Dakota Office in Dakota Dunes

Kristin Harlow — Mon, 03 Jun 2024 13:23:13 +0000

DAKOTA DUNES, S.D. — Architecture, engineering, environmental and planning firm ISG has opened a new office in Dakota Dunes within southeast South Dakota. Months after establishing a presence in Pierre, ISG says the expansion enhances its ability to serve communities across the state and the broader Siouxland region encompassing Iowa and Nebraska. ISG is currently engaged in several projects and partnerships in Dakota Dunes while the local team enhances the firm’s expertise in refrigeration and industrial food. A ribbon cutting and open house for the new office will take place Thursday, Aug. 22. ISG maintains offices in Iowa, Minnesota, Wisconsin, South Dakota and Arkansas.

The post ISG Opens Third South Dakota Office in Dakota Dunes appeared first on REBusinessOnline.

GSI Opens 133-Unit Active Adult Community in Sioux Falls, South Dakota

Kristin Harlow — Fri, 24 May 2024 13:14:44 +0000

SIOUX FALLS, S.D. — GSI has opened The Parkwood, a 133-unit active adult community in Sioux Falls near both the Iowa and Minnesota borders. GSI began preleasing units at The Parkwood in 2023. GSI and its stakeholder team serve as The Parkwood’s developer, property manager and co-owners in partnership with financial partners. GSI is an affiliate of Transforming Age, a national nonprofit organization serving older adults. Omaha-based Ronco Construction was the general contractor.

The post GSI Opens 133-Unit Active Adult Community in Sioux Falls, South Dakota appeared first on REBusinessOnline.

U-Haul Breaks Ground on 1,400-Unit Self-Storage Facility in Sioux Falls, South Dakota

Kristin Harlow — Mon, 22 Apr 2024 13:21:50 +0000

SIOUX FALLS, S.D. — U-Haul has broken ground on a 1,400-unit self-storage facility located at 3500 Powder House Road in Sioux Falls. Named U-Haul Moving & Storage of Veterans Parkway, the development is slated for completion in early 2025. The eight-acre property will include two three-story buildings with 700 units each. Customers will have 24-hour access, and units will include high-end security features. Plans call for a separate warehouse to hold 1,250 mobile storage containers. Customers will also have access to moving trucks, trailers, boxes and packing supplies, professional hitch installation and towing equipment.

The post U-Haul Breaks Ground on 1,400-Unit Self-Storage Facility in Sioux Falls, South Dakota appeared first on REBusinessOnline.

Sanford Health Plans 330-Unit Continuing Care Retirement Community in Sioux Falls, South Dakota

Kristin Harlow — Mon, 19 Feb 2024 14:10:50 +0000

SIOUX FALLS, S.D. — Sanford Health has unveiled plans to build Good Samaritan Society — Founder’s Crossing, a continuing care retirement community (CCRC) in Sioux Falls. The developer plans to break ground this spring. The first phase of the CCRC will include 146 independent living villas, 120 independent living apartments, 32 assisted living apartments and 32 memory care apartments, all slated for completion in 2026. A second phase over the following two years will add a short-term rehabilitation and long-term care center, additional villas, a Sanford Health clinic and a Lewis Drug location. The health clinic and pharmacy will be open to the public. Phase II is scheduled for completion by 2028.

The post Sanford Health Plans 330-Unit Continuing Care Retirement Community in Sioux Falls, South Dakota appeared first on REBusinessOnline.

Upland Negotiates Sale of Two Arby’s-Occupied Properties in South Dakota

Kristin Harlow — Fri, 15 Dec 2023 14:33:00 +0000

SIOUX FALLS AND BROOKINGS, S.D. — Upland Real Estate Group has arranged the sale of two properties net leased to Arby’s in South Dakota for an undisclosed price. The buildings are located in Sioux Falls and Brookings. Arby’s has 20-year leases with 5 percent rent increases every five years on both properties. The tenant on the leases, DRM Inc., is one of the largest Arby’s franchisees and operates 109 Arby’s locations in seven Midwest states. Deborah Vannelli, Keith Sturm and Amanda Leathers of Upland represented the undisclosed seller. Both properties sold to cash buyers completing 1031 exchanges.

The post Upland Negotiates Sale of Two Arby’s-Occupied Properties in South Dakota appeared first on REBusinessOnline.

Kraus-Anderson Completes Construction of $2.4M Dialysis Center in Huron, South Dakota

Kristin Harlow — Wed, 19 Jul 2023 13:30:23 +0000

HURON, S.D. — Kraus-Anderson has completed construction of a new $2.4 million dialysis center at Huron Regional Medical Center in Huron, a city in eastern South Dakota. Designed by Wold Architects, the 4,165-square-foot project features a 12-bay dialysis unit, including two isolation treatment rooms. The project replaces an outdated dialysis suite. Kraus-Anderson’s scope of work also included a new water system and utilities, a generator and updates to the exterior façade. The center is located at 172 4th St. SE.

The post Kraus-Anderson Completes Construction of $2.4M Dialysis Center in Huron, South Dakota appeared first on REBusinessOnline.

Marcus & Millichap Arranges $2.1M Sale of Starbucks-Occupied Property in South Dakota

Kristin Harlow — Mon, 01 May 2023 14:17:25 +0000

VERMILLION, S.D. — Marcus & Millichap has arranged the $2.1 million sale of a 2,365-square-foot retail property occupied by Starbucks in Vermillion, home of the University of South Dakota. The net-leased building has a new 10-year lease with Starbucks that features 7.5 percent rental increases every five years. Mark Ruble and Chris Lind of Marcus & Millichap represented the seller, a limited liability company. Buyer information was not provided.

The post Marcus & Millichap Arranges $2.1M Sale of Starbucks-Occupied Property in South Dakota appeared first on REBusinessOnline.