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Restaurants are key to real estate as retail struggles. Here’s why

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By Mike Sunnucks | Phoenix Business Journal

Restaurants have made Gilbert more than farms and suburban bedrooms and Seventh Street through Phoenix more than a commuter route.

Restaurants also have been, and still are, important to the commercial — and even residential — real estate markets as eating out and cool cuisine replace going to the mall and traditional brick-and-mortar retail shopping for consumers.

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