Tower Genius knows cell site leases. We provide cell site leasing consultations for property owners and for landlords and also provide transactional coaching services for cell site landlords who have be contacted about getting a cell site by Verizon Wireless, AT&T, T-Mobile Sprint, U.S. Cellular and DISH Wireless. We are independent and carrier neutral and we have no conflicts of interest. In simple terms, we don't work both sides of the fence. We provide no services to carriers or to tower companies. We only work for you as your coach or your wireless consultant. This way we can fight with them if needed on your behalf and not have to worry about hurting somebody's feelings at Verizon or AT&T, because we don't have our hands out begin for work from them. That gives us leverage to work in your best interests. We help landlords make sure that they are getting a fair deal in the David and Goliath cat and mouse game of cell site leasing.
Cellular leases provide ancillary income on space that in most cases you were not generating any income from. It is for all intents and purposes, found money. The carriers invest heavily in the expensive equipment that is deployed on your rooftop or in the cell tower that they build on your land, so they are not looking for a short-term lease like a typical commercial tenant. Expect to sign a lease agreement for 5 consecutive 5-year terms. You can enjoy the cell site income over a generation or longer, or you can turn around and sell your cellular antenna lease rental stream for a lump sum payment to a cell lease site buyer or wireless portfolio manager for 6 figures in most cases.
As in any industry where there is fast money to be made, the wireless industry is no different. Carriers often hire less than professional leasing agents who get paid a few hundred extra dollars in premiums to offer you cellular leasing terms that can cost you six figures in lost revenue over the term of your lease. If you are slow to respond or unprepared to negotiate your cell lease or if you go through the expense of hiring an expensive attorney, they may blow the deal for you by slowing down the process or making absurd requests from the carrier.
Wireless landlords are contacted every day by 3rd party cell site leasing consultants who are paid large commissions to reduce your rent. The worse of and offer that you accept to reduce the rent on you current cell tower lease, the higher their commissions are. The carriers although functioning as your tenant tries to take advantage of your assumed lack of wireless infrastructure related knowledge and try to force their will and terms upon you or they claim that they can not guarantee that they will need your cell site in the future.
Additionally as the tower management companies and wireless carriers are starting to mature into established businesses, they are now looking to show their masters on Wall Street that they are lean and profitable. They look for the low hanging fruit which is easy to target for cost savings and reductions in the biggest area of pain for their shareholders, cell tower rental overheads. Wireless carriers and cell tower companies are all looking to reduce costs and maximize profits, and we can tell you that they do not have your best interests in mind.
Tower Genius LLC was founded by Steve Kazella and Kevin Donohue to help wireless landlords and future wireless landlords get a fair and balanced cell tower lease deals and maximize the values of their cell site rental contracts. Have specific questions concerning cell site leases? We can help. Contact us about your cell site leases.