The Wireless Wise Guys podcast. Everything you wanted to know about cell tower leases but were afraid to ask. Powered by Tower Genius, the USA’s premier cell tower lease experts.
Kevin Donohue:
Landlords and property owners, if you’ve been contacted to put a cell site on your property, negotiate an amendment or extension to an existing telecom site lease, or if you’re interested in selling your cell site lease for cash, you’ve come to the right place. We’d love to talk to you to explain how we can increase the value of your telecom lease deal.
Hello, I’m Kevin Donohue, one of the managing partners at Tower Genius, LLC, and I first want to thank you for visiting our website. Tower Genius is the premier wireless lease consulting firm in the United States, and we’ve helped cell site landlords throughout the country negotiate incredible deals that focus not only on increasing your financial returns, but also provide you with the protection you need to insulate yourself and your property from future problems.
First, I would like to provide a quick history of the telecom leasing industry.So we can understand where the industry stands in today’s quickly changing landscape. At the inception of this industry, there were no big tower companies dominating the landscape and the carriers were regional companies who, for the most part, had a more personal touch when negotiating telecom deals as the same folks who leased and built your site were the same people you called in the event of any issues that developed at the facility.
Today, the carriers are multinational conglomerates that have lost their local flavor, and [inaudible 00:01:39] is nothing more than a number. In the past, carriers owned and operated most of their tower installations, but today the vast percentage of tower sites are owned by the leading tower companies, such as American Tower Corporation, Crown Castle, and SBA Communications. This impacted the values of sites as carriers viewed towers as primarily a method of delivering their telecom services and viewed subleasing of tower spaces an ancillary source of revenue. The tower companies did not have that kind of luxury, as their revenue models are strictly driven by their ability to profitably lease vertical real estate. So, these firms are forced to push back on leasing values and terms as it can severely impact their financial bottom line.
With that said, leasing to these firms is a long-term proposition, a major encumbrance, and you need to be compensated fairly, or it is not worth completing such a deal. That is why you need an expert who is on your side. So why not hire the best in the industry? When hiring Tower Genius, you’re not just getting the best. You are obtaining professional services of the only consulting service in this industry that are experts in every facet of cell site development. Without such experience, there is no way to actually estimate the value that a specific site has, thus not knowing what the actual rental figure should be on your specific site.
Most of our competitors have limited experience in the industry and the experience they have is usually limited to doing site acquisition, or existing site audits, or lease buyout programs, or some outside legal work for the carriers and/or tower companies. In fact, most of our competitors are still doing these type of services for the carriers and tower companies, but are not disclosing this conflict of interest to their customers. We include in all of our contracts a guarantee that no such conflict of interest exists.
When you contact us, you will discover that we are not only the most knowledgeable individuals in our field, you’ll discover how down-to-earth we are and how we sincerely want to help you get the best deal possible. You’ll also discover how affordable our services are. We have programs that fit everybody’s budget. Our client list includes some of the most sophisticated real estate firms, top legal firms, government agencies, Fortune 500 companies, small local businesses, and private landlords.
Why shouldn’t you have the same level of expertise and protection that these folks have? Not reaching out to us and cost you tens of thousands of dollars. In this environment, we doubt that anybody can afford to throw money away like that. Potential and existing cell site landlords, we can help you. Please give us a call at (888) 313-9750, or scroll to the bottom of this page and fill out a contact form. Hiring us to assist you in your telecom project is like having your favorite uncle in the vertical real estate business. We are here to help you. Thank you very much for your time, and we appreciate you visiting our page. Speaker 1:
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