WELL FARGO WANTS TO BUY SANTA FE’S FASHION OUTLETS ON CERRILLOS ROAD. AND WELLS FARGO IS THE ONLY COMPANY BIDDING ON THE 16-AND-A-HALF ACRE PROPERTY THAT HAS MORE THAN 122-THOUSAND SQUARE FEET OF RETAIL SPACE.
WELLS FARGO OFFERED 10-POINT-2 MILLION DOLLARS FOR THE OUTLET MALL. THE BANK IS ACTUALLY SOLD THE PROPERTY TO FASHION OUTLETS OF SANTA FE, WHICH DIDN’T MAKE PAYMENTS ON ITS LOAN AND WILL HAVE 30 DAYS TO GET OUT ONCE THE SALE IS FINALIZED.
