Corporate timeline

With 46 years of history - you will find a timeline full of varied successes and milestones
2020
Townsend completes development of Summit Orchards Retail Center Lee's Summit, MO
2019
Urban Research Park surpasses $500 million of total allocation
2018
Townsend sells 12.5 acres of land in Lee's Summit for phase II multi-family development - Lee's Summit, MO
2016
Townsend partners with Northpoint Development for development of Summit Square Apartments Lee's Summit, MO
September 2014
XALT cells power all 42 race cars in Formula E Inaugural Season
November 2013
ACQUISITION Townsend leads buyout of Dow Chemical's ownership in Dow Kokam, creating XALT Energy LLC
June 2012
First cell produced at Midland Battery Park
October 2011
Sold Encelium to Osram Sylvania
May 2011
Sold equity position - Kokam Co., LTD
May 2010
Construction of Midland Battery Park in Midland, Michigan begins
September 2009
Dow Kokam LLC joint venture formed
December 2008
Townsend Ventures invests in Kokam America, Inc. - Lee's Summit, MO
October 2008
Townsend Ventures invests in Kokam Co., LTD - South Korea
May 2008
Townsend Capital surpasses $1.5 billion in cumulative sales
January 2008
First Townsend Ventures investment Encelium Technologies Inc. Ontario, Canada
September 2007
Market crash begins
August 2007
Sale of primary real estate assets Summit Technology Campus International Flavors & Fragrances
August 2007
Townsend Ventures, LLC was formed
July 2007
Company moves from Towson, MD location to Hunt Valley, MD
February 2007
Urban Research Park completes first new Markets Tax Credit Transaction - UMB BioPark, Baltimore, Maryland
November 2006
Townsend Capital opens office in Jackson, Mississippi
December 2005
David Townsend becomes President of Townsend Capital
December 2005
Sale of research park business to Wexford Equities
2003
First research park development Port of Technology
January 2002
Acquisition Advanced H2O Burlington, Washington
May 2001
Acquisition Hamilton Farm Golf Club Gladstone, New Jersey
March 2000
Townsend Capital surpasses $1 Billion in cumulative acquitions
May 1999
First Build-to-Suit Lucent Technologies Denver, Colorado
April 1998
Townsend Capital opens office in Denver, Colorado
September 1997
Townsend Capital surpasses $500 Million in cumulative acquisitions
September 1997
Townsend Capital opens office in Lee's Summit, Missouri
1997
Acquisition Baltimore Thunder Professional Lacrosse Team - Baltimore, Maryland
December 1996
Townsend Capital opens office in Newark, New Jersey
1996
Acquisition First portfolio acquisition Nomura Capital Townsend Capital establishes $250+ million 27 property acquisitions / loan facility
1996
Company name is changed to Townsend Capital, LLC
June 1994
The Townsend Company opens office in Boston, Massachusetts
1994
First private placement Carson Pirie Scott Chicago, Illinois
1993
David Townsend joins his father at The Townsend Company
October 1989
The Townsend Company opens office in Houston, Texas
April 1989
Acquisition Two Greenspoint Houston, Texas Second of six acquisitions of distressed properties in Houston
1988
Acquisition Owned and operated Halethorpe Extrusions, Inc. Baltimore, Maryland
1987
Inland Steel Headquarters Chicago, Illinois The first investment using The Townsend Company's own capital
1985
Acquisition 6 Carson Pirie Scott stores Chicago, Illinois
November 1985
29th and final real estate syndication Reading, Pennsylvania
October 1985
The Townsend Company surpasses $250 Million in cumulative acquisitions
March 1984
Acquisition Skytech, Inc. Baltimore, Maryland
1983
Dennis Townsend purchases first of 10 airplanes
1983
Dennis Townsend is one of the first owners of a Motorola cell phone
November 1983
Acquisition Cemcom Corporation Lanham, Maryland
September 1983
Acquisition Baltimore Beverages, Inc. Baltimore, Maryland
May 1983
10 Real Estate Syndication Lincoln Square Raleigh, North Carolina
1977-1986 1991-1994
Dennis Townsend Johns Hopkins Blue Jays Assistant Coach 5 National Championships 4 Time Runner-Up 63 All-Americans
August 1977
First Real Estate Syndication Queen Anne - Belvedere Baltimore, Maryland
1977
The Townsend Company hires George Johnson as its first employee
1976
The Townsend Company moves to the penthouse level of The Ridgely Towson, Maryland
1975
Belden & Blake Oil & Gas The Townsend Company's first deal
1975
First Office Hampton Garth, an office wing of Dennis Townsend's residence
1975
Dennis Townsend incorporates his company under 3 separate names: - Townsend Associates, Inc. - The Townsend Company - Windsor Financial
1975
The Townsend Company is founded by Dennis Townsend
230 Schilling Circle, Suite 120, Hunt Valley, Maryland 21031 | 410-321-1900 | baltimore@townsendcapital.com
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