Lease Amendment - Crown - ROFR - Length of Extension
Currently we have a cell tower lease that has options for renewal until 2035 with Crown Castle. They are coming to us requesting that we extend their lease with 5 year options until 2060 and a right of first refusal should we wish to sell. They are offering a one time payment of $4,000 for us to sign this "Letter Agreement". Is this a reasonable offer or do you believe we request more? How much more?
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