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Framingham, MA-based Taymil Partners, in a joint venture with Philadelphia-based equity partner LEM Capital, acquired the 220-unit Andover Place apartment complex at 650 Bulfinch Dr. in Andover, MA from Mack-Cali Realty Corp. subsidiary Roseland Property Co. for $40.4 million, or approximately $184,000 per unit.
The 177,980-square-foot apartment community consists of two studios, 132 one-, 74 two- and 12 three-bedroom units in three buildings….