Jan. 9—Kimberly’s Hallmark Shop will go out of business by the end of January after 15 years at the College Plaza Shopping Center.
Owners Kimberly and Terry Reilly found out in July that center owner Fidelis Reality Partners wanted to end their month-to-month tenancy in January to house a new tenant.
Fidelis senior project manager Katy Fitzgerald said she could not disclose the new tenant for the Hallmark space. Fidelis also owns DeVargas Center.
Terry Reilly said Hallmark wanted them to move into another space at College Plaza Shopping Center, but the Reillys would rather reopen somewhere else and declined an offered space at College Plaza.
The Reillys independently own their store. It is not a franchise.
Kimberly and Terry Reilly took over the store in January 2008 as only the second owners of the card store that has now been in Santa Fe for 40 years.
The liquidation sign went up Christmas Day.
“[A Hallmark regional official] was trying to sweet talk us into retirement,” Terry Reilly said. “We could not relocate out of the center.”
