Posts in:April, 2014

Lease Buyout Marketing Newsletter

Posted April 28, 2014 by admin

As a cell site owner and wireless lease holder I receive a ton of junk mail from the lease buyout companies based out of California. Unlike most people, I read them to keep up on the latest “pitch” from these groups. This morning at my office we received one of the more interesting ones from Wireless Capital Partners. They wanted me to subscribe to their “The Capital Connector” newsletter. They wanted to supply “crucial information such as carrier mergers….and the inside scoop on how wireless carriers determine rent”, among other important information. They claim it was a “must read”. At the bottom of the form I was to give my name, address, phone numbers and email address. They also wanted to Continue reading…

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Sneaky Tower Company contract language.

Posted April 15, 2014 by admin

Yesterday we entered into a contracted to negotiate a new cell tower lease. The language that the tower companies are adding to the lease are getting more brazen. This was from one of the “Big 3” tower companies. Think Crown Castle, American Tower or SBA Communications when I say that. Here is the clause: 9.  Assignment and Subleasing.  Lessee may sublet all or part of the Leased Space or may assign or transfer this Lease in whole or in part without Lessor’s consent.  Upon such assignment, Lessee shall be relieved of all liabilities and obligations under this Lease.  Lessor may not assign the Rent or the Agreement or any rights hereunder, or grant any interest in any portion of the Property, Continue reading…

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