Vertical Consultants Garners 498% Cell Tower Rent Increase for Houston Real Estate Developer
Houston, Texas (PRWEB) October 23, 2013 -- Vertical Consultants is proud to announce the telecom lease-consulting firm successfully negotiated a substantial cell tower rent increase for their client, Rustscape LLC, a Texas-based real estate developer. Vertical Consultants was able to re-enter the Rustscape LLC’s current lease with one of the largest telecommunication companies in North America and immediately increase rents being received by 498%.
Vertical Consultants was also able to re-structure the current lease to allow the client to receive a substantial portion of future revenues received by the tower company using its land. Lastly, in addition to above-noted immediate increases in revenues and overall property value for its client, Vertical Consultants was additionally able to collect unpaid rent and expenses due to its client dating back to 2011.
Hugh Odom, President and Founder of Vertical Consultants, states, "The Vertical Consultants' team is proud to provide our clients with results positively affecting these clients' bottom lines. Knowing and understanding the terms within your cell tower lease is an essential element in receiving full and fair value for telecom companies' use of your property. It is our mission to arm all property owners with information that will afford them opportunities to increase the value of their cell tower leases and we take pride in accomplishing this on a daily basis."
Vertical Consultants has made quite an impact on the telecom leasing industry, acting as advocates for property owners leasing their land for telecom placement. In 2012, Vertical Consultants was able to increase cell tower rents for their landowner clients by 142%, and, since inception, has recovered over 200 years’ worth of unpaid cell tower rents and expenses for their clients, collectively.
Vertical Consultants was founded in 2010 by Hugh Odom and is comprised of a group of wireless industry veterans with decades of combined experience. Vertical Consultants specializes in issues surrounding the wireless telecom industry and prides itself as a source of information and advocate for property owners. To learn more about Vertical Consultants and how its success provides this allowance, visit http://www.vertical-consultants.com or contact Vertical Consultants at info(at)vertical-consultants(dot)com or 877.456.7552.
Jaime Spies, Vertical Consultants, http://vertical-consultants.com, +1 (877) 456-7552 1, [email protected]
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