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Economics

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Are downtown's sprawling restaurant spaces — like the 7,000-square-foot space recently vacated by the Macaroni Grill — no longer economically viable? The Portland Business Journal describes the hard sell that many brokers have with "larger-format" spaces. Example: "American Assets Trust marketed more than 9,000 square feet at First & Main to prospective restaurant operators for more than two years before inking a lease with the U.S. Postal Service." [PBJ]

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