Landlords Can Realize A Tremendous Amount Of Benefit From A Cell Site Lease
San Diego, CA (PRWEB) March 28, 2014
Cell tower lease expert, Nick Foster, announced today the launch of Airwave Advisors, a company that will focus on helping cell tower landlords to maximize opportunities with their cell tower leases. Mr. Foster, formerly a leader with nationwide commercial real estate firm Cassidy Turley, led Cassidy Turley’s Cell Site Services Group. Mr. Foster will serve as President and founder of Airwave Advisors based out of San Diego, California.
Announcing the launch Mr. Foster said: “Property owners with cell towers often seek out the assistance of a trusted cell tower advisor to assist them with their lease. Airwave Advisors will proudly serve as the leading landlord advocate to help property owners maximize their cell tower opportunities”.
Airwave Advisors reports that there an estimated 300,000 cell towers nationwide. In Airwave Advisor’s local market of San Diego there are approximately 3,000 cell towers and over 200 cell towers proposed to be developed over the next year. The most active carriers are AT&T and Verizon, both of whom are constructing new tower and upgrading existing sites. Other carriers, such as T-Mobile and Sprint Nextel, are focused on upgrading existing towers at this time.
“As competition between cell phone companies intensifies, landlords will be contacted with new cell tower offers on an increasingly frequent basis,” Mr. Foster said. “Likewise, property owners with existing towers may be approached by the cell phone company to make minor changes, when in fact they are implementing upgrades that should entitle the landlord to more rent.” Airwave Advisors will help landlords to make sure they are not getting taken advantage of by their cell tower tenants.
While at Cassidy Turley, Mr. Foster led their Cell Site Services Group helping clients ranging from pension fund real estate advisors, to private land owners, to school districts, in making the best informed business decisions with their cell towers. Mr. Foster’s cell tower expertise comes from years leading the development and leasing of hundreds of cell towers for one of the nation’s top cell phone companies. Now Mr. Foster works only with landlords and plans on utilizing his exceptional track record of increasing rents, identifying opportunities for financial improvement, and securing top sales prices for cell tower landlords.
“Landlords can realize a tremendous amount of benefit from a cell site lease” Mr. Foster said. “To maximize opportunities to benefit and to make well informed business decisions, it is essential to receive advice from an expert. Airwave Advisors is proud to serve landlords as the cell tower lease expert”.
For more information visit http://www.airwaveadvisors.com.