Collects Unpaid Expenses and Garners 58% Increase in Rent for Self-Storage Leader
Vertical Consultants is proud to announce both the recovery of underpaid cell tower rent and expenses for StorPlace Self Storage the 70th largest self-storage owner/operator in North America and a related renegotiation of the current lease agreement with Crown Castle International, Inc. (the largest cell tower development company in North America) that has garnered StorPlace Self Storage an incredibly impressive 58% immediate increase in rents received. StorPlace Self Storage presently leases certain real property to Crown Castle International, Inc. for the occupancy and use of cell tower facilities at its Nashville, Tennessee property. The collection of underpaid rent from Crown Castle dates back to 2000 and represents a significant recovery for StorPlace Self Storage (http://www.StorPlace.com).
Vertical Consultants services were secured by StorPlace Self Storage in 2011 to review and provide counsel regarding its current cell tower lease associated with its properties. Vertical Consultants endeavors to optimize the value of this client’s telecom lease assets commenced with a review of both the Crown Castle International, Inc.’s lease and tower site. Vertical Consultants strategic review resulted in the discovery of Crown Castle’s non-payment of rent obligations under the lease. Vertical Consultants was not only able to reach an agreement with Crown Castle that lead to a recovery of unpaid rent and expenses due, but a re-entry into the existing lease that resulted in immediate 58% increase in rent for its client that will garner StorPlace Self Storage a meaningful increase in value to this asset.
Hugh Odom, the President of Vertical Consultants, stated “For the last four decades the telecom companies have and continue to rely upon the lack information that a property owner has when it enters into a cell tower or any other type of telecom lease, Vertical Consultants mission is to change that and make sure property owners at all levels get true and accurate value for the use of their property”
Vertical Consultants has established a foundation as a true and complete advocate of property owners through-out North America. Fortified with extensive knowledge access to telecom industry information, strategies and tactics, Vertical Consultants aims to provide wireless leaseholders nationwide the means of evening out the playing field between leaseholders and the telecom companies. Vertical Consultants mission is to change the way things are done in the wireless industry and is willing to take on the largest telecom companies in the world to do so.
Vertical Consultants was founded in 2010 by Hugh Odom and is comprised of a group of wireless industry veterans with more than forty (40) years of combined experience. Vertical Consultants specializes in issues surrounding the wireless telecom industry and prides itself as a source of information for property owners. Vertical Consultants experience in the industry allows it to offer its clients unmatched expertise, services and results. Unlike others in their field, Vertical Consultants is able to handle every aspect of the issues surrounding a cell tower, rooftop or any other type of telecom lease, from start to finish. To learn more visit https://www.celltowerleaseexperts.com or contact Vertical Consultants at info(at)vertical-consultants(dot)com or 877.456.7552.