I'm an accountant with a client who has a cell tower in Southwest Seattle leased to T Mobile. The lease originated in 1988 with 20% lease increases every five years. The new rate in 2013 will be $1,728 a month. The lease expies in 2023. T mobile wants to extend the lease now until 2058 on the same terms and is offering a $5,000 bonus for the extension. What do you you think about this lease and an extension.

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Aug 29, 2013
It's a VERY bad deal for the landlord.
by: Tower Genius

They want to do all that for $5,000. How generous. Are they at least offering a nice kiss afterwards?!

Please call us ASAP to discuss.

Tower Genius

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