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Crown Castle International Corp, d/b/a Crown Castle, is an American corporation that is the largest cell tower owner/developer, owning/operating over 40,000 cell towers in North America and providing coverage to 98 of the top 100 markets.
Crown Castle is headquartered in Canonsburg, Pennsylvania. Crown Castle operates in the United States, Puerto Rico and Australia and provides mobile telephone coverage to 92% of the Australian population. Crown does lease space to wireless service providers, such as Verizon, AT&T, Sprint, and T-Mobile.
Crown Castle, is making an aggressive effort to secure their cell tower site and one of those ways is buying out their existing cell tower leases. Crown Castle will present a cell tower lease a structure a cell tower buyout transaction that is a simple, one-time payment which will include the surrendering of a property owner’s current and future rights under their cell tower lease and granting a long term easement from the cell tower landlord to Crown Castle.
Crown Castle is motivated by the importance of securing the existing cell tower site that is generating revenues for their company. This transaction is also beneficial to Crown Castle as it is financially advantageous in that it secures Crown Castle’s revenue streams but also eliminates the possible need for Crown Castle to spend money to replace or relocate the existing cell site lease.
If Crown Castle contacts you regarding your lease Vertical Consultants can work on your behalf to optimize the value you receive for your cell site lease. We have decades of experience in determining what the true value of a cell tower lease.
Here’s what we can provide you:
Cell Tower Site Valuation – Vertical Consultants reviews your cell site based upon the fact that we understand that the value of your cell tower lease should not be determined by the rent you’re being paid, but by the value of the cell tower site to Crown Castle. We evaluate the Crown Castle cell site to determine how much Crown Castle has vested in the cell tower, the revenues being generated by Crown Castle from the use of your property, and the relocation costs for Crown Castle if they can’t secure the site long term.
Lease Buyout Structuring – We review your Crown Castle cell tower lease buyout proposal and determine not only the real value of your lease to Crown Castle but the issues that could be harmful to you if your do not structure the transaction correctly. We understand that you want to maximize the value of your cell tower lease, but also realize that you want to limit what you are giving up in return.
Provide You A Strategy – Vertical Consultants will assist you in making decisions, including, whether or not you should continue with a Crown Castle lease buyout, and if so, for how much. We will clarify the pros and cons of entering into an agreement with Crown Castle. If you determine you wish to proceed we work for you to, negotiate the best short and long term value and structure all agreements related with the transaction.
We see property owners make the same mistakes over and over and mostly it is because they neither have the information or the representation they need when it comes to negotiating or structuring a deal with Crown Castle.
Vertical Consultants will provide you with expert representation, which will include not only negotiating on your behalf the maximum buyout for your cell tower lease but we will also assist you in the negotiation of all documentation associated with such a transaction to make sure you not only
If you have been contacted by a Crown Castle looking to buy your cell tower lease, then call us today, and we will review your lease and your tower site to see what options you really have.
Vertical Consultants is always open to providing you with not only references from clients we have assisted, but we will let you speak to them directly.