We have come across a reason for the issue.
Apparently the update to the sencha cmd/ CDN or something like that is getting blocked and the process is repeatedly getting called.
Funny, considering that this is not blocked while on company VPN. After that happens once successfully, we can drop the VPN connection and operate as normal on our WIFI network.

This brings up another question: Is there a command that can be used in conjunction with "sencha app watch" that has it skip looking for updates?