Security Partners, an alarm monitoring company, announced October 10 that it will be relocating its Anaheim, CA branch office to Clark County.
The alarm monitoring company has taken office space at West Diablo Drive, where it plans to employ at least 52 people by mid-2015.
When the company lost its lease in Anaheim, the company’s representatives learned about opportunities in the Southern Nevada market through the Las Vegas Global Economic Alliance, which assisted in Security Partner’s site selection decision. Working with Dan Palmeri with Cushman & Wakefield, the LVGEA provided to the company market and incentive information, introductions to local contractors, and local workforce data.
Security Partners also examined sites in Arizona, Utah, California, and New Mexico but chose Southern Nevada last week.
“What’s very nice about Las Vegas is it’s a 24/7 city and we’re a 24/7 company,” said Patrick Egan, founder of Security Partners. “Nevada is really pro-job and pro-business and it was really a no-brainer to locate here.”
Additionally, the company presented to the board further reasons for locating in Nevada:
- Availability of qualified workers
- Labor costs
- Transportation infrastructure
- State and local tax structure and incentives
- Sales and marketing opportunities
- Climate and quality of life
- Affordable housing for renters and future homeowners
- Abundance of entertainment, educational and cultural venues
Founded in 1998, Security Partners provides alarm monitoring of more than 150,000 alarm systems for about 800 independent alarm dealers nationwide. In addition to the relocation from Anaheim to Clark County, the company has locations in Lancaster, PA and San Antonio, TX.
Although 15-20 employees from the Anaheim office may relocate to Southern Nevada, Security Partners anticipates recruiting Nevadans for the majority of its job positions, Egan said.
The company received $166,600 in sales, modified business and personal property tax abatements at the October 10 meeting of the Board of Directors of the Governor’s Office of Economic Development.
The state also awarded a $37,500 “Train Employees Now” grant to Security Partners.
State economic models project that the company will have a total economic impact of $67.7 million over 10 years and generate $2.48 million in state and local taxes over 10 years.