Growth propels SafeNet to bigger space in Pabst

Pabst Professional Center nearing 100 percent occupancy

Pabst Professional Center Klement Sausage TCF
Pabst Professional Center

SafeNet Consulting is consolidating its Third Ward and Wauwatosa offices and leasing space in the Pabst Professional Center, doubling its office size.

Pabst Professional Center Klement Sausage TCF
Pabst Professional Center

The company, which provides staffing, IT analytics and management consulting, will move into 8,000-square-feet on the third floor of the building in March 2016, said David Pudlosky vice president of JLL’s Wisconsin office, who represented SafeNet in the deal.

“The company is a success story, they have been growing,” Pudlosky said.

Laurie Rades, spokesperson with SafeNet, said the move will allow the company to add more employees to its team of 63 people. The company has hired seven people since August, Rades said.

“In the Wauwatosa office, we are truly on top of each other,” Rades said. “This give us extra space and room to grow. We are excited to move to a growing area that is coming back to life.”

SafeNet currently leases about 2,000-square feet at 10700 Research Drive in Wauwatosa and 1,500-square-feet at 533 E. Erie St.  SafeNet was founded in Minneapolis in 1994 and opened its first Milwaukee branch in 1997.

The company’s growth rate since 2012 has been 55.7 percent.

Blue Ribbon Management began construction of the Pabst Professional Center in 2014, a new office building with 42,000 square feet of office space at the former Pabst Brewing Company complex.

In September, Klement Sausage announced it would move its corporate offices from Bay View to the fourth floor of the professional center.

At that time, the building was at 75 percent occupancy with about 10,000-square-feet left in the building.

TCF Bank and Logicalis, an IT consulting firm, have also leased space in the building.

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