Nashville, TN – February 7, 2013—Vertical Consultants is pleased to announce the telecom consulting firm’s success in garnering a 317% cell tower rent increase for their client, Kevin Howard Real Estate. The client’s site associated with this transaction is Highway 99 Self-Storage located in Canby, Oregon. Kevin Howard Real Estate, the 19th largest self-storage owner/ operator in the United States, is a cell tower landlord, receiving supplemental revenue in the form of cell tower rents from their telecom tenant.
Kevin Howard Real Estate, after utilizing Vertical Consultants’ free cell tower lease review program, realized they were not receiving full and fair value for the use of the company’s land based on discoveries made within the lease by Vertical Consultants. Deeming the cell tower lease extremely undervalued, Vertical Consultants implemented their decades of telecom experience and knowledge while turning their negotiating power into results that would significantly impact their client’s status within their cell tower lease.
Hugh Odom, President and Founder of Vertical Consultants, states “Disparities within the telecom industry are not limited to individual property owners. Commercial property owners leasing their land for cell tower placement are realizing, with the help of Vertical Consultants, significant increases in the cell tower rent they receive and are seeing the overall value of their cell tower leases increase as well. There are property owners across the country who are not receiving fair value for the use of their land, and it is our job to change that.”
Since inception, Vertical Consultants has become a catalyst for positive change in the telecom industry. In 2012, the telecom consulting firm increased property owners’ cell tower rent by an average of 142% and in just over one year, recovered over 100 years’ worth of unpaid cell tower rent and expenses, collectively. These statistics provide testament to the value of that Vertical Consultants can provide.
Vertical Consultants, founded in 2010 by Hugh Odom, is comprised of a group of wireless industry veterans with decades of combined experience. Priding itself as the only true landowner advocate,
Vertical Consultants handles all aspects of telecom transactions and negotiations on behalf of property owners, from start to finish. To learn more about the disparities within the telecom industry, visit https://www.celltowerleaseexperts.com or contact Vertical Consultants’ Public Relations Director at Joanna@vertical-consultants.com.