A downtown Portland building that formerly housed the Greek Cusina restaurant has sold for below its asking price and millions less than its last sale price.
Restauranteur Gilbert Leon purchased the Merchant Bank Building for $1.2 million in early March, according to public records. That’s a 38% discount from its $1.95 million asking price and an 80% discount from the price it was last purchased for in 2019.
For the full story, go to the Portland Business Journal.
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