Vinnin Square

November 1, 2016 Comments Off on TA Realty Pays $67M for Mass. Multifamily Views: 382 Massachusetts, National News, Northeast

TA Realty Pays $67M for Mass. Multifamily

TA Realty LLC, a real estate investment and management company in Boston, snagged the 184-unit Hanover at Vinnin Square in Swampscott, MA. The buyer, working on behalf of a state pension fund, paid $67 million to developer Hanover Co. for the asset at 330 Paradise Rd.

Hanover at Vinnin Square is new, having been delivered to the market in Q1 2016. Hanover Co. constructed the two four-story buildings on what was once the site of the former Aviv Center for Living/Jewish Rehabilitation Center. Vinnin Square has one-, two- and three-bedroom units from 714 square feet-1,461 square feet. Monthly rents range from $1,916-$3,420.

Read More at Businesswire

Connect with TA Realty

For comments, questions or concerns, please contact Amy Sorter

Tags: ,

Comments are closed.