Safeguard Moves to New Headquarters

Safeguard Properties, a privately held mortgage field services company, has moved to its new Valley View, Ohio, headquarters, 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. Safeguard added 200 employees in 2008 and plans to add 125 more in 200. 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.