Safeguard Properties announced the opening of its new operation in Richardson, Texas, which will bring more than 200 jobs to the community.

Headquartered in Valley View, Ohio, Safeguard has three additional locations in Ohio and Kentucky. The Richardson office will provide a strategic presence for Safeguard in the Dallas area, which is a major hub for the mortgage servicing industry.

Safeguard CEO Alan Jaffa said the company conducted an extensive search for office space and selected the Richardson location due to its proximity to many of the company’s major clients. Jaffa noted that the availability of additional space for future growth and expansion was also a major draw for the company.

Safeguard is the first tenant to occupy the newly renovated 22,000 square-foot Richardson complex. "We are proud to be the first tenant in this excellent facility," said Alan Jaffa. "It provides a high-quality work environment and great amenities for our employees, and a local base of operations to better serve our clients located in the Dallas area. We look forward to contributing to the growth and vitality of the community," Jaffa added.

Functions performed at the new facility will include client account relations, operations, loss management, field quality control and code compliance. The new facility became fully operational the first week in April.

"We are pleased to welcome Safeguard Properties to Richardson," said John Jacobs, executive vice president of the Richardson Economic Development Partnership. "We know they will enjoy being a part of our vibrant economy with its outstanding live, work and play environment. Safeguard's selection of Greenway II in Richardson underscores the value of the reinvestments being made in our commercial office space by proactive property owners."