SAN JOSE — Family members who have been feuding over a South Bay auto body shop have harvested millions from the sale of the San Jose property.
An affiliate headed by Menlo Park-based real estate firm Spieker Investments paid $14.5 million to buy the industrial and commercial building at 1655 Little Orchard St. where Arseen Auto Body operates, documents filed on Oct. 29 with the Santa Clara County Recorder’s Office show.
Family trusts for Ninos Ternian, Souzi Ternian, Zhaklin Ternian and the late Freidrik Ternian were listed as the sellers, according to county real estate records…