Cell Tower Lease Reviews, Why Your Lease Needs Help

By Nick G. Foster

July 17, 2015

Why Does Your Cell Tower Lease Need Help?

If your cell tower lease was drafted by your cell tower tenant, it needs a cell tower lease review.

Cell tower tenants hire experts to draft language in order to ensure no matter what, they are protected in most any circumstance – not the property owner.

Thousands of property owners sign cell tower leases drafted by their tenants every month, the majority of which are poorly negotiated and with out expert landlord representation. This often results in the property owner leaving tens – if not hundreds – of thousands of dollars on the table in lease value.

So How Do You Maximize Your Opportunity?

A cell tower lease review provides you expert review and consultation so that you can capture the true value of your cell tower lease. We will also advise you on common pitfalls, along with cell tower lease language that you need to revise so that it is more in your favor.

“Nick Foster of Airwave Advisors provided tremendous value in helping us better understand our cell tower lease. We can say first-hand that Nick does a great job in not only advising us landlords on the lease agreement but also in leading us to a position to obtain positive results.”

Greg F. Esq., Board Chair, Sacramento Adventist Academy

Your Cell Tower Lease Is Asking For A Lifeline

We have seen the craziest provisions in cell tower leases. Provisions looking out for the tenant’s best interest – not the property owner. Provisions such as “Mineral Rights”, “Additional Extension Terms”, and even rent escalators that happen only once every 5 years or sometimes not at all. It is heart-breaking when we review an agreement and we see poor language that has made it into the cell tower lease. Language that we could of removed immediately – if we were working with the property owner. We get countless calls from property owners “kicking” themselves, when they discover that they agreed to language that they didn’t fully understand. We are on a mission to turn negotiations in favor of you – the property owner!

Every Cell Tower Lease Needs To Be Reviewed By An Expert

Cell tower leases have many downsides and they should always be reviewed by a cell tower lease expert.

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Nick Foster Airwave Advisors

About Nick G. Foster

Since founding Airwave Advisors® in 2014, Mr. Foster has added value to over 400 clients ranging from the State of Nevada, City of Beverly Hills, to Habitat For Humanity. Mr. Foster focuses on cell tower lease renewals, buyouts, new lease negotiation, and cell site lease management. Prior to starting Airwave Advisors® Mr. Foster founded and led the Cell Site Services Group within nationwide commercial real estate services leader Cassidy Turley (now known as Cushman & Wakefield).