Buildings, residential and commercial, are being sought after by cell tower companies looking to utilize their rooftop space in order to install their telecommunications equipment. This is in an effort to keep up with the growing demands for faster and better wireless and data coverage amongst a large population. A rooftop lease is often structured very similarly to a cell site lease; however, it requires only a fraction of the space. Even with this limited space, a property owner still has several issues to consider.
It is important for any building owner who is approached to install telecommunications equipment on their rooftop to attain expert representation prior to signing any long-term agreement. Vertical Consultants has and continues to assist and represent building owners in not only optimizing the value of their leases, but making sure they do not enter into agreements that could be harmful for them now and into the future.