Message from Kevin F. Donohue, Managing Partner at Tower Genius.
By Steve Kazella
Are you a property owner whose American Tower lease needs to be renewed, extended, amended or renegotiated? Has American Tower contacted you to extend their lease agreement or perhaps offer you a perpetual lease buyout or purchase of the rental stream or tower easement? Maybe you are wondering why you are getting bombarded with calls about selling your tower lease? Are you wondering what your American Tower cell site is worth? Are you getting fair market value?
After American Tower acquired their large portfolio of Verizon Wireless towers, they have been aggressively been pursuing their landlords to consider extending the lease agreements for upwards of 30 to 40 years in many cases for a $5,000 signing bonus, and they want you to leave everything "as-is".
The bigger the signing bonus, the better for them in most cases, and worse for you the Lessor. Once you sign, you are locked in, and if you are lucky, your grandchildren will be negotiating the lease renewals when they are adults. If you've received an offer to extend the lease and you have more than 15 years remaining, you can rest assured that this is nothing more than a fishing expedition from American Tower to see if you take the bait, hook, line and sinker.
Thank you for visiting our site. We have helped countless cell tower landlords with their American Tower proposals all over the United States.
Talk to Tower Genius About Your:
• American Tower Lease Reviews
• American Tower Buyout Offers
• American Tower's vendor The Lyle Company
Questions About Your ATC Location?
• What Happens If You Sell Your American Tower Revenue Rental Stream?
• What Is Your American Tower Location Worth?
• If Advances in Wireless Technology Increase The Risk of Your American Tower Cell Phone Tower Location Becoming Obsolete, Then Why Do So Many Companies Want to Purchase It?
• What About My Right of First Refusal (R-O-F-R)?
Property Owners... If you've been contacted by an American Tower lease representative, make sure that you do not sign any terms sheets or letters of intent, proposals or anything without having a wireless leasing professional (namely us) take a look at it first.
Let us be very blunt. American Tower is a top notch company, run by some of the smartest people in the wireless industry who have been around cell towers since the Stone Age of wireless. (Kind of like us.) They have top professionals working for them to provide them and their shareholders with the best deal. You should make sure that you are able to get on a level playing field with them.
You can contact us about your American Tower Lease call us on our American Tower Landlord Hotline at 1-888-313-9750.
Are you a property owner or landlord with an existing American Tower lease agreement or have you been approached by American Tower and you have a question about their cell tower lease? Let's hear it!
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Tower Genius is a cell tower consulting company not affiliated with American Tower and is neither an agent, sub-agent, re-seller, contractor or sub-contractor for American Tower or any other wireless company. We are an independent wireless telecommunications consulting firm that provides property owners with technical guidance, wireless lease review and negotiation services. If you need to contact American Tower directly about your ATC lease, lease buyout offer or lease extension, please visit website.