Fashion Outlets of Santa Fe

Ginsburg Craig and Associates developed the first phase of the center by 1993, and announced a second and third phase would follow. The first phase of the project cost $8 million to develop. In 1997, the property owners Chelsea GCA Realty partnered with Michigan based Horizon Group Inc. Horizon Group also owned and operated nearby New Mexico Outlet Center. Following the partnership, several tenants from the Budaghers shopping center relocated to the Santa Fe Factory Outlets.^[4] A few years later, the Albuquerque-based reality company Gulfstream Group purchased the property. The new owners would change the name to Santa Fe Premium Outlets. In 2007, Talisman Cos. LLC purchased the property for $9.3 million and acquired several new tenants.^[5][6] In 2009, the shopping center added a Nike Factory Outlet store as an anchor.^[7][8] Nike quietly closed the location in 2016.

The property owners faced a foreclosure lawsuit with the lender over an $11 million loan default.^[9] In 2023, five years after the loan default with Wells Fargo, the property sold for $5.9 million.^[10] Colliers sold the property to 8380 LLC, with the intent to rebrand the center as a marketplace.^[11][12]

• Official website