Trademark Property acquires department store

Fort Worth, Texas -- Trademark Property Co. said Tuesday it acquired a vacant 67,000-sq.-ft. department store space formerly occupied by Mervyn’s in its Santa Fe Place mall located in Santa Fe, N.M.

The 571,238-sq.-ft. Santa Fe Place was acquired in the summer of 2010. Trademark is directing the remerchandising and redevelopment of the property, which is Northern New Mexico’s only regional mall, for its private equity partner.

“This significant investment, which has been in the works since May of 2010, definitively secures our ownership and control of this prominent anchor space and marks a major milestone in the redevelopment of Santa Fe Place,” said Trademark Property Co. president Tommy Miller.

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