It was recently reported that the City of Lockport, New York sold a cell tower lease they possessed to a third party. Buffalonews.com reported that the city made more money than they would have had they kept the lease with the telecom company. They almost glorify the transaction. However, what they did not report was what the City of Lockport LOST to such a transaction.
What most property owners fail to recognize is that the value of a cell tower lease is not tied into the rents they are currently receiving, but the value of that lease to the tower company that is leasing the land. As a result, property owners continue to get underpaid for their leases due to an inability to truly determine the value of their own asset.
It is important that property owners consult with someone who has the knowledge and experience of cell tower lease buy-outs, so that they are protected overall. Vertical Consultants will provide you with expert representation that will include negotiating on your behalf the maximum buy-out for your cell tower or rooftop lease. Vertical Consultants has been able to garner up to 100% more than originally offered.
How does Vertical Consultants get such results? The answer is simple. We have decades of experience in the telecom industry, and we negotiate and structure telecom transactions on a daily basis.
The telecom companies have experts on their side, shouldn’t you?