South Bay Realestate News – Aviat Networks Consolidating as

August 26th, 2010 04:00am

Aviat Networks Consolidating as Part of Restructuring Plan
Faced with slumping revenues, Aviat Networks is undertaking a corporate restructuring plan in an attempt to cut costs and return to profitability. The Santa Clara-based wireless technology company is aiming to trim annual spending by $30 to $35 million…
Andrew Deichler

Apartment Complex in San Jose Sells for $50.3M
BRE Properties Inc. purchased a the Fountains at River Oaks in San Jose, CA, from FRG Fountains LLC for $50.3 million, or about $222,600 per unit. BRE assumed an existing secured mortgage loan of $32.5 million for the acquisition.Located at 373…
Cat Henderson

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