Safeguard Moves To New Ohio Headquarters

Carrie Bay | 05.13.09

Safeguard Properties has announced 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 twice the number of staff. Safeguard's previous facility in Brooklyn Heights, Ohio, which the company occupied since 1999, was 33,000 square feet.

Alan Jaffa, Safeguard's COO, said, "Safeguard has experienced consistent 10 to 15 percent year-over-year growth since its founding in 1990. Our growth in 2008 and projections for 2009 are even higher. 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 features an improved work flow design to allow department teams to interact and work more efficiently, additional space to enhance IT and support services, and an expanded training center for new staff and contractors. The facility also will house a full-service cafeteria and fitness facilities for employees.

Jaffa added, "This new facility is an investment in our clients, our employees, and our community. 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 United States. 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.