Amended lease due to expansion

by Mark
(Seattle, Washington)

I have a 25 year lease with GCI in Fairbanks, Alaska with 19 years left on lease. GCI is acquiring ACS, who is partnered with Verizon. Verizon is aggressively entering the cell tower market in Fairbanks. GCI wants to build on to my cell site. How much should I charge additional? I am currently receiving $1.01/sq ft. High average is $1.33 / sq ft. They propose 60% size increase. Cell tower is 120 ft with a 500sq ft bldg. Lease is with carrier.

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Aug 09, 2013
It depends on the actual site.
by: Steve (Tower Genius)

Each site is unique. We would need to ask you some questions regarding your lease and review the site itself before we could give you solid advice. Give us a call... our initial phone consultation is free.

Tower Genius 888-313-9750

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