Spieker Cos. has paid $49.5 million, or $353,571/unit, for Normandy Park, a 140-unit apartment property in Santa Clara, Calif. The Palo Alto, Calif., company purchased the property from CVG Holdings LLC. The deal was highlighted by Kidder Mathews. The property, at 48 Washington St., was built in 1964 and has one- and two-bedroom units with […]

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