Not surprising, but still disappointing and a loss for Downtown. The way that place was run just didn't make a lot of sense for the market dynamics in the area. Plus, go to a Public market in Philly, LA, Seattle, etc....they're NOTHING like the PHX Public Market. Of course they're bigger, but they also have personality, they aren't just little boutique grocers.
It baffles me that the PHX Public Market, and the Wed/Sat markets, have zero presence of Native Americans. Don't you think people visiting for Conventions would want to try Fry Bread, see their wares, etc? At Reding Terminal Market in Philly there's a huge Amish presence at the market which is a big part of its charm. The LA Market has a large Mexican and Asian influence which makes it awesome. The PHX Public Market always feels like white yuppies selling over priced stuff to other white yuppies, until they can get beyond that it'll never be a huge success.