"Over the last sixty years, Towne Properties, a premier integrated real estate company with longstanding experience in property development, management, and investments, has helped communities thrive. With customizable solutions, an impeccable reputation, and a steadfast commitment to the communities it serves, Towne Properties guides its clients with honesty, integrity, and expertise." - Adam Bortz, CEO
Managing Class A, B, C properties in Cincinnati, Columbus, Dayton, Indianapolis, Lexington, Louisville, Raleigh, NC., and Toledo.
Developments including 8,000 + apartments and over 3 million square feet office and retail.
Managing HOAs/COAs in 6 districts.
Over 80 tenants in retail, office, and restaurant spaces.
1 Platinum, 10 Gold, and 2 Silver LEED-Certified Development Projects.
Our clients’ opinion of us is what matters most, but we still cherish the praise that comes from our industry and peers. We're proud to share that Towne Properties is frequently recognized as one of the preeminent businesses in the regions we serve.
"In my second year at Harvard Business School, I was planning to return to Procter & Gamble's Advertising (Marketing) Department, where I had worked for eight months before going to business school. With that in mind, I bought a fixer-upper on Mt. Adams, then a declining neighborhood, which I nevertheless found charming, with the intention of "fixing" it up and walking to work.
That fall, I took a class at the Harvard MIT Joint Center for Urban Studies led by Professor Lewis Mumford, an outstanding civic and architectural critic. Professor Mumford talked about what good planning and good architecture could do to enhance peoples' lives. He was mesmerizing. After a while, he invited me back to his office to talk further. Inspired by him, I sold my junker. I decided that somehow or other, I would buy more houses on Mt. Adams and lead the renaissance of that hilltop village.
Upon graduating, I worked for a local developer for a year. During that time, I bought several houses in Mt. Adams. On June 1, 1961, I left my job to start Towne Properties. Shortly after that, partners Lambert Agin and Marvin Rosenberg joined the Towne Properties family.
With Procter's marketing strategy of filling an unmet need and the inspiration of Professor Mumford we turned five houses on St. Gregory Street into sixteen cutting-edge apartments for the young professional whose only other options were no better than dorm units. The result was the St. Gregory Row, which became our company's logo.
Following our Mt. Adams success, we took our approach to the suburbs. There through the mid-'70s, we created several award-winning apartment communities. After that we diversified, creating suburban apartments and downtown apartments, downtown and suburban offices, shopping centers, condos, single-family houses, mixed-use projects, land development, and recreational properties, and in 1975 began managing properties for others. As we diversified, we stayed true to our mission of creating "Great Places to Live, Work, Shop and Play," always focused on the need to continue marketing our properties from the initial lease-up through our long-term holding. As our associates and portfolios grew, we also prided ourselves on becoming a "Great Place to Learn and Give Back."
Today Towne Properties owns and manages a portfolio of more than 12,000 apartments, 130,000 commercial and home-owners associations, and over 600,000 sq. ft. of office space and two recreation properties. As we near our 60th anniversary, we are committed to doing more of the same. When asked what the best project we ever did was, we say "the next one."
