Piranha Paper Shredding plans to move from Waukesha to New Berlin. The company recently purchased a 38,000-square-foot industrial building at 17155 W. Glendale Dr., New Berlin, from BBD Woodmill New Berlin LLC for about $1 million.
Brian Parrish of The Dickman Company represented Piranha Paper Shredding and Scott Furmanski of CBRE represented BBD Woodmill in brokering the deal.
Piranha Paper Shredding currently shares space with Waukesha Recycling Company in a 30,000-square-foot building at 1001 Tesch Ct. in Waukesha. The companies, which are divisions of West Allis Salvage Company Inc., both need more space said owner Phil Rehberg.
Piranha Paper Shredding’s move to New Berlin will give it more room to expand more into destruction of non-paper items including computers, digital storage items and other products.
The company has been growing about 20 percent a year and anticipates increasing its growth rate to 25 to 30 percent a year in the new building, Rehberg said. The company currently has 15 employees and plans to add another five during the next year and 5-7 per year going forward, he said.
Piranha Paper Shredding hopes to be operational in the building by late January, Rehberg said.
