Illinois Company Buys Towson Square

The circle has gobbled the square. Retail Properties of America has bought retail and entertainment property Towson Square for $40.5M from The Cordish Cos, the Baltimore Business Journal reports. The new downtown Towson development includes a 15-screen Cinemark theater, Bobby's Burger Palace and World of Beer. The Illinois company owns neighboring Towson Circle, anchored by Barnes & Noble and Trader Joe's. It expects to incorporate both properties into one development. [BBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

JLL: Holiday Spending To Rise Nearly 10%, But Shoppers Aren't Splurging On Gifts

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Philly Restaurant Operators Avoid Percentage Rent, Tenant Improvement Deals

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Kroger Plans 3 New Store Formats, 110 New Locations In Bid To Boost Sales

Brandywine Plans To Sell $200M Worth Of Properties In 2027