Towson Place was sold to Kimco Realty Corporation for $88 million.  The property was purchased in April 1995 from Equitable Insurance Company for $12 million.

Towson Place was originally a 540,000 square foot mini mall and was converted to a 670,000 square foot regional power strip center.  Surrounded by upper-middle to high-end housing and nearby to Towson Town Center, the property boasts a diverse mix of popular tenants, including Wal Mart, Target, Bed, Bath & Beyond, The Sports Authority, Super Fresh, PetsMart, DSW, TJ Maxx, Marshalls, Toys R Us, Michaels, The Avenue, and Jared’s Gallery of Fine Jewelry a total of 17 big boxes.