A sprawling mixed-use complex along East Joppa Road in Towson hit the market Tuesday, putting a hefty chunk of the town’s office space and street-front retail up for sale. The campus, long known to locals as Radio Park, bundles several low-rise buildings with ground-floor shops that serve the busy Towson corridor. For investors, the listing amounts to a rare shot at owning a sizable suburban campus near Towson Town Center and county government offices.
As reported by the Baltimore Business Journal, the office development at 1220 Joppa Rd. was formally put on the market this week, with marketing materials identifying Neuman Commercial as the broker. The June 23, 2026, story also points out that the property once served as the corporate headquarters for the retail chain Merry-Go-Round.
What's for sale
Listing materials and commercial property records show the campus spans roughly 14 acres and holds about 223,884 square feet of building area, with a mix of Class B office space and street-level retail, according to LoopNet. Heritage Properties, which redeveloped the site in the 1990s, describes the complex as a conversion of the former Merry-Go-Round headquarters into office and retail space.
History and environmental notes
State cleanup records and archival files show the property, historically listed as Arcade Towson/Radio Park, was used for industrial manufacturing from the 1930s into the 1980s and later underwent environmental investigation. It entered a Voluntary Cleanup Program in 1999, according to state files. Those records also list Fund IV/Radio Park, LLC as the owner during the redevelopment period, as outlined by the Maryland Department of the Environment.
What comes next
The listing opens the door to several well-traveled playbooks. A buyer could hold the complex as an income-producing asset, refresh pieces of it for new tenants, or push for denser reuse, all approaches that have surfaced on similar suburban campuses. Given the site’s scale and its perch along the Towson retail corridor, both regional investors and local developers are likely to comb through the marketing package.
We will update this story as more listing materials, an asking price, or county filings become public. For now, the pending sale has the potential to quietly reshape a prominent stretch of East Joppa Road.
