Commercial

Santa Fe has a strong portfolio of commercial, retail, industrial and mixed-use inventory. Additionally we have land available for construction, including a soon-to-be-developed city business park.

The City of Santa Fe tracks new commercial (non-residential) development by permit. Since 1997, the city has added 3.5 million square feet of building floor area, including churches, community buildings, stores, offices, etc. The 10-year annual average is approximately 350,000 square feet of new non-residential building construction. Annual averages include approximately 109,000 square feet of new office space (31%), 184,000 square feet of new retail-related development (53%), and 35,000 square feet of new industrial/warehouse development (10%).

During 2007, the city approved nearly 300,000 square feet of new commercial development, including an estimated 153,000 square feet of new office space and 93,000 square feet o new retail store development. Approximately 5-6 acres are developed for
every 100,000 square feet of commercial floor area constructed. As a result, 175-210 acres of land have been commercially developed in the city since 1997, or an average absorption rate of 18-21 acres, annually.

Some sources for commercial real estate in Santa Fe include:

Publicly-owned commercial real estate:

Architects, Designers and Contractors