Cell Tower Lease Extensions
Many cell tower leases started in the 1980’s and 1990’s and they are now starting to reach lease expiration. Companies such as AT&T, Verizon, Crown Castle, American Tower, and SBA, are all aggressively pursuing lease extensions (also known as lease renewals). Their approach is so aggressive that they are contacting landlords up to 15 years ahead of lease expiration.
I met with Nick at my property and engaged his services to assist us with our lease renewal. Nick was very professional, timely, and obtained results that greatly exceeded his fees. I would highly recommend Nick’s services to any landlords that have cell tower leases coming up for renewals!”
Kenny M., Managing Partner, MAR Investments
Airwave Advisors has negotiated hundreds of lease extensions, securing additional rent with favorable terms for property owners like you. We review your lease, audit the cell tower, provide fair market valuation, and work with you to secure the best terms for your opportunity. We have worked with all cell tower representatives such as MD7, Blackdot, Lyle Company, and Tower Alliance.
We hired Airwave Advisors to help us negotiate a lease extension on our cell tower contract. Nick dealt with the cell tower company, advised us, clearly explained contract points and handled the entire negotiation with great professionalism. Best of all, in less than a month the whole process was complete. We were very pleased with the outcome and can confidently recommend Nick and Airwave Advisors to any cell tower land owner.”Lonny and Sandi G., Private Property Owner
Lease extension negotiations are complex. We often see landlords guessing in regards to rent, or pushing too hard, which can drive the cell phone company off the property. To really know where the sweet spot is in negotiations, it is important to have experienced cell tower lease advisors in your corner.