subtenant payments

Crown castle has approached me about a 50 year lease extension. In return for granting the extension I have been offered $200 per month, in addition to the current $605 monthly check, for each additional subtenant. That $200 figure seems small to me; is this number typically negotiable? They have also offered a $3000 "signing bonus" if the agreement is returned by Monday, Feb. 1, 2016. A pressuring tactic?
Thanks for your help!

Comments for subtenant payments

Average Rating starstarstarstarstar

Click here to add your own comments

Feb 15, 2016
Rating
starstarstarstarstar 		High pressure tactics? Yes.
by: Stephen

I hope you didn't fall for the used car salesman Feb. 1st signing bonus deadline trick. Of course Crown isn't the only one, this is a pressure sales tactic used by most cell tower companies to get landlords to sign.

A fifty year lease extension is crazy but it sometimes seems increasingly like the lunatics may be running the asylum at Crown Castle.

Please call us to discuss. Sounds like they are fishing for a quick deal.

Tower Genius
888-313-9750

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Crown Castle Lease Questions and Answers.

Find out from Tower Genius how we help landlords and property owners in the USA  maximize cell site lease values and get the best possible terms for:

  • Cell tower lease agreements
  • Tower lease extensions
  • Cell site upgrades
  • Small cell proposals
  • Lease amendments
  • Tower lease buyouts offers
  • Rooftop lease buyout offers
  • Rooftop cell site audits
  • Lease Agreement defaults
  • Cell tower valuations
  • Rent reduction solicitations
  • Lease Optimization Help
  • Lease Revenue Purchase
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Vertical Bridge
  • Lendlease Towers, Md7
  • Tillman Infrastructure
  • Lyle Company, Black Dot
  • Everest Infrastructure

We Would Like To Hear From You.
 

Cell-Tower-Leases.com
Contact Tower Genius
Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.