Rapid Growth Prompts Monitronics to Relocate Operations

Monitronics plans to employ up to 1,000 workers when it opens its new 165,000-square-foot operations in 2015.

FARMERS BRANCH, Texas – Monitronics Int’l will open a 165,000-square-foot campus here in response to the firm’s rapid growth.

The company has signed a deal with Billingsley Co., a Dallas-based development firm, to become the first corporate tenant at Mercer Business Park, a 225-acre development, according to news reports.

Monitronics has experienced a sharp increase in growth since it acquired Security Networks for $507 million last year, prompting the company to seek more space.

“At one point in time, [Monitronics] ran out of parking and we leased them a parking lot we owned for $1 a year,” John Land, director of economic development and tourism for the city of Farmers Branch told Dallas Business Journal. “They continue to add staff and have a good business model.

Monitronics currently has 800 employees; however, in accord with its plans for growth, the firm expects to employ up to 1,000 workers at its new operations within the next three years, Dallas Business Journal reported.

The three-story campus is expected to open by summer 2015.

If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!

Security Is Our Business, Too

For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add sales to your bottom line.

A free subscription to the #1 resource for the residential and commercial security industry will prove to be invaluable. Subscribe today!

Subscribe Today!

Get Our Newsletters