collocators and additonal rent

by Steve
(Virginia)

Draft Lease says that AT will, in its sole discretion, have the right, without prior notice, to collocate other parties on the tower. How would i be able to insure I as the landlord, receive a percentage of any subleases that AT enters into with other providers?

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Aug 05, 2014
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starstarstarstarstar 		tell them
by: Anonymous

Tell them you want a part of any collocation. It makes me sick to know AT&T was just added to our tower but we get nothing as that was how it was written up 17 years ago when we were naïve. They make millions to billions, we get nothing. There is a risk, but it doesn't hurt to ask.
Jul 11, 2014
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starstarstar 		How badly does American Tower need your site?
by: Tower Genius

What is stopping American Tower from taking the deal to the guy across the street for the identical rent or $50 less per month and NO revenue sharing? Are they committed to your property? Do you have a set of architectural plans in hand or are you negotiating yourself into a corner?

Tower Genius
888-313-9750
Jul 07, 2014
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starstarstarstarstar 		collocators
by: Anonymous

Delete their terms, and add that they have to get permission and negotiate compensation/rent for any new tenants.

This may be a hard sell so have a plan "B".

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