Frontier Communications to Call From Dallas – What is a Ground Lease?

 Dallas, Featured, Investment, News, Office, Southwest, ECOM, Frontier Communications, JLL 

1919 McKinney Ave. Image courtesy of CommercialEdge

Frontier Communications is set to move from its current headquarters in Norwalk, Conn., to a 95,000-square-foot office space in Dallas.

According to reporting from WFAA, the telecommunications company will lease and invest in space at 1919 McKinney Ave. in Uptown Dallas, a place that it refers to as the “GigaHub,” with plans to relocate the entirety of its leadership team to the building.

According to a statement from Frontier CEO Nick Jeffrey, a resident of Dallas, the firm’s move was motivated in part by the city’s emergence as a national technology hub, its business-friendly regulatory environment and diverse workforce. Additionally, the city lies at the center of the city’s plan for GigaBit America, calling for the construction of more than 10 million fiber optic cable networks by the end of 2025. With the move, the firm plans to spend upwards of $1 million a week to improve its fiber-optic infrastructure around metro Dallas.

Prior to the announcement, the city had roughly 640 employees based in the city, according to reporting from the CT Insider. At its previous headquarters, located at Building 401 of the Merritt 7 Corporate Park, the firm had roughly 300 employees occupying a 48,000-square-foot lease, according to CommercialEdge information. The CT Insider article states that the firm plans to retain its workers based in Connecticut and allow them to work remotely.

Frontier’s new HQ

CommercialEdge data shows that 1919 McKinney Ave. is a four-story 104,872-square foot building developed in 1924 as an industrial property, one that underwent a conversion to office space in 1998. ECOM is listed as the building’s current owner, having purchased the asset in 2016. JLL currently manages leasing at the property, the same source shows. The building, formerly a co-working space, is sectioned into 39,000-square-foot floorplates.

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In its new headquarters, Frontier will join tenants in the public relations and finance sectors. Over the next 10 years, the company plans to secure more than 3,000 jobs around the city and contribute $3.8 billion to the state economy. According to, the firm presently has 35 job postings based in the area.

Situated within half a mile of the city center, Frontier’s new office is a short walk from several stops on the city’s rapid transit system, and is surrounded by many dining, retail and entertainment offerings.

Leasing around Dallas

Frontier Communications will join AT&T as a major telecommunications provider headquartered in Dallas. The city, a long-time home to construction, transportation and energy companies, currently has an office vacancy rate of 18.1 percent, and a pipeline of 4.5 million square feet, according to an August CommercialEdge report.

Last month, fuel manufacturer HF Sinclair signed a 90,609-square-foot office lease with Clarion Partners at One Victory Park.

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 After relocating its headquarters from Connecticut, the company will maintain a significant presence there.
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In the simplest form, a ground lease is a long-term net lease (usually 49 years or 99 years) of land including any improvements on the said land. Assets that can be subject to a ground lease include but are not limited to, vacant land, office buildings, and large residential buildings.

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