ExteNet Systems Moves HQ to North TX
JLL negotiates lease for telecommunication company’s relocation
FRISCO, TX., Sept. 21, 2022 – JLL announced that ExteNet Systems, the leading privately held owner of LTE/5G wireless and fiber-neutral host communications infrastructure solutions, is relocating their headquarters from Lisle, Illinois to the rapidly developing city of Frisco, Texas. ExteNet has agreed to a 37,000 square foot office lease in Frisco Station. The move is part of a longer-term business strategy to bring ExteNet to the center of the industry’s ecosystem, which will foster further innovation and reignite corporate awareness of the brand and business. The move is projected to be completed by Q1 of 2023.
Todd Schaefer from JLL’s Chicago office was joined by Robert Blount, and Scott Hage from JLL’s Dallas office to represent the tenant, ExteNet Systems. Clint Madison, John Fancher, and Cynthia Cowen of Cushman & Wakefield represented the building ownership.
“Over the last two years, we’ve seen more companies assess their office needs, but one thing remains clear: the office remains critical to conducting business,” said Todd Schaefer, Managing Director of JLL Chicago. “ExteNet’s relocation to Frisco will provide the company with a competitive edge as they continue to expand their offerings and grow their client base. With abundant amenities nearby and an innovative office environment for their team, we believe they’re in a great position for long-term growth.”
Frisco Station is a globally-recognized, award-winning, 242-acre mixed-use development in one of the fastest-growing communities in the U.S. With their headquarters located in this prime spot, ExteNet will enjoy the benefits of being closer to major clients and industry partners while placing its employee base closer to the company’s largest percentage of owned and managed networks.
In addition to ExteNet’s new Texas headquarters, the company will maintain operations of its five satellite offices in Burbank and San Ramon, California; Las Vegas, Nevada; Lisle, Illinois; and Paramus, New Jersey. The Frisco office will serve as a home base to approximately 150 employees focused on deploying and managing ground-to-rooftop infrastructure solutions for sports, entertainment, and hospitality venues as well as large enterprises, college campuses, healthcare facilities, and government municipalities across the United States.
“We want to bring back the feeling of community and foster a greater sense of belonging for our team,” says Richard Coyle, President, and CEO, ExteNet. “This is an opportunity to reimagine our future, a shift towards a more communicative and transparent culture that strives to succeed together. The city of Frisco offers employees a terrific work-life balance and places us closer to many of our closest partners and clients.”
ExteNet also announced two key partnerships in Texas within the last month. Through an exclusive partnership with Spurs Sports & Entertainment (SS&E), the company will deliver exhilarating fan experiences with high-performance private wireless network solutions to the AT&T Center in San Antonio, home of the San Antonio Spurs. ExteNet also announced an agreement with Circuit of The Americas (COTA) to deploy fiber at its 1,500-acre world-class Formula 1® racing facility in Austin. Last year, ExteNet upgraded the antennas at the Dallas Cowboys AT&T Stadium to deliver stronger connections to event attendees.
“Texas is a global technology leader and is proud to welcome ExteNet to Frisco,” said Governor Greg Abbott. “As a beacon of innovation with a world-class business environment, the Lone Star State is the perfect location for companies like ExteNet to flourish and unleash their full potential. I look forward to partnering with ExteNet as we continue keeping Texas the number one destination for technological innovation in the nation and maintaining our distinction as the best state to live, work, and raise a family.”
ExteNet is already having a positive effect on the Frisco area. The company is providing Private Wireless Network services for The Star District, a fast-growing entertainment district with restaurants and retail destinations, as well as Ford Center, the Dallas Cowboys’ training facility. The site has already been chosen to host next year’s Academy of Country Music Awards, and the added technology is expected to attract additional world-class events and entertainment options.
“On behalf of the Frisco City Council, I’m thrilled to welcome ExteNet Systems to our city and to Frisco Station,” said Frisco Mayor Jeff Cheney. “As a leader in secure 5G and fiber infrastructure solutions, ExteNet is a great addition to Frisco’s booming tech and innovation economy. Not to mention, our residents will benefit from this growth with the creation of 110 new jobs in Frisco.”
For more information about JLL, please visit: www.jll.com.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of June 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About ExteNet Systems, LLC
Lisle, IL-based, soon to be Frisco, TX-based, ExteNet Systems, LLC is the nation’s largest privately-held provider of secure 5G and fiber neutral host communications infrastructure solutions serving mobile network operators, real estate owners, enterprises, content providers, wholesale carriers, municipalities, and rural internet providers. Our solutions operate in urban, suburban, and rural markets connecting customers to the applications and services they need outdoors and in hundreds of sports and entertainment venues, hotels, resorts, convention centers, commercial office buildings, college campuses, healthcare facilities, and transit systems. For more information, please visit https://extenetsystems.com/
“ExteNet®” is a registered trademark of ExteNet Systems, LLC.