TGM Associates Completes Sale of 148-Unit Multifamily Community in Salem, Massachusetts

SALEM, MA - TGM Associates announced the sale of TGM Vinnin Square to Framingham, MA based Taymil Partners. TGM Vinnin Square is located in Salem, MA and has 148 apartments. 

TGM purchased Vinnin Square in 2007. Terms of the transaction were not disclosed. The broker on the transaction was Jones Lang Lasalle, Travis D'Amato.

TGM Vinnin Square is a unique 11-acre apartment property in Salem, Massachusetts. TGM Vinnin Square Apartments offers distinctive apartment and townhome community in the historic city of Salem. Spacious 1, 2 and 3 bedroom apartments and townhomes offer the finest in modern conveniences, including fully-equipped kitchens, breakfast bars, recessed lighting, full-size washers and dryers, and walk-in closets. Charm and warmth abound with finishing touches such as 9-foot ceilings, fireplaces, and lofts.

TGM Associates is a SEC registered investment advisory firm with a single focus - multifamily properties. TGM, a vertically and horizontally integrated operating company, specializes in acquisitions, property management, leasing, construction, property maintenance and dispositions. TGM provides investment advisory services regarding the acquisition, management and sale of multifamily properties throughout the United States.