The property must be/will be sold ... and Trop knows that. The Cordish bid is the "front-runner" or "stalking horse" bid. Other interested parties are invited to submit a higher bid before the deadlne in 3 weeks ... just like on ebay! This saga has been going on for sometime now ... with past deadline extentions granted.
Cordish has standing in the community as the developer of the highly successful "The Walk" outlet stores in A.C. Cordish also was the developer of Baltimore's Inner Harbor.
See link below.
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