| Safeguard Properties moves to new Valley View, Ohio headquarters |
| Monday, 04 May 2009 | |
Office space and staffing capacity doubledMay 4, 2009, Valley View, OH - Safeguard Properties announced today that its move to its new Valley View, Ohio, headquarters is complete, doubling the company's office space and staffing capacity. The new facility, with approximately 63,000 square feet of finished space for the company's current 700 employees has expansion capacity to 75,000 square feet to accommodate nearly a doubling in staff. Safeguard's previous facility in Brooklyn Heights, Ohio, which the company occupied since 1999, had 33,000 square feet. "Safeguard has experienced consistent 10 to 15 percent year-over-year growth since its founding in 1990," said Alan Jaffa, Safeguard's chief operating officer. "Our growth in 2008 and projections for 2009 are even higher, noted Jaffa. "We added 200 employees in 2008 and plan to add 125 more in 2009." Jaffa said Safeguard's investment to purchase, expand and build out the new facility was approximately $6 million, plus approximately $2 million invested in additional IT infrastructure. The new space will feature an improved work flow design to allow department teams to interact and work more efficiently, additional space to enhance IT and support services, an expanded training center for new staff and contractors. The facility also will house a full-service cafeteria and fitness facilities for employees. "This new facility is an investment in our clients, our employees and our community," said Jaffa. "All three have been integral to Safeguard's success, and this facility is our way to demonstrate our gratitude and our commitment today and for many years to come." Safeguard, founded in 1990 by the company's CEO Robert Klein, is the largest privately held mortgage field services company in the U.S. On a monthly basis, the company conducts more than 1 million property inspections and maintenance orders on defaulted and foreclosed properties nationally for mortgage service companies, banks, financial institutions and major investors.
Media contact: Diane Roman Fusco, Director of Public Relations |
