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ANDOVER, MASS. — CBRE/New England has arranged the sale of Andover Place Apartments, a garden-style apartment community located at 650 Bulfinch Drive in Andover. A joint venture between Taymill Partners and LEM Capital acquired the 220-unit property from Andover Place Apts. LLC, an affiliate of Roseland Residential, for $40.4 million. Built in 1989 and situated on 34.3 acres, Andover Place Apartments features two studio units, 132 one-bedroom apartments, 74 two-bedroom apartments and 12 three-bedroom units, ranging from 518 square feet to 1,225 square feet. Simon Butler and Biria St. John of CBRE/New England represented the seller and procured the buyer in the deal. Roseland Residential Trust is a subsidiary of Mack-Cali Realty Corp.