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The Arches Sold for $49M

410-unit Garden Apartment Community Sells in Sunnyvale
By Michael Yockman
July 22, 2004 | 2:28 P.M.

MG Properties, a San Diego-based real estate firm, acquired The Arches at 1235 Wildwood Ave. in Sunnyvale, CA. Total consideration for the deal was $49 million, about $166 per square foot.

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