Vertical Consultants Garners 175% Increase in Cell Tower Rent for Self-Storage Client

Share Article

Vertical Consultants reveals what led to a substantial cell tower rent increase for their client, Storage Express.

News Image
Telecom companies continue to rely on a lack of information property owners have in order to obtain uneven terms on new cell tower leases. Our goal is to change that.

Vertical Consultants, in its continuing work with self-storage clients across North America, is proud to announce it ability to obtain a 175% increase in proposed cell tower lease rent for their client, Storage Express. Storage Express, a Bloomington, Indiana based self-storage developer, operates over 70 self-storage facilities across North America. The afore-mentioned cell tower rent was negotiated with the second largest telecom company in North America for its occupancy and use of property located in Charleston, Illinois.

Vertical Consultants began providing counsel to Storage Express in 2011 regarding their telecom assets, and recently assisted Storage Express in the structuring of a new cell tower lease agreement related to its Illinois property. Vertical Consultants was able negotiate a 175% increase in proposed rent from the second largest telecom company in North America and optimized other lease terms that will lead to significant value over the life of the lease.

Hugh Odom, President of Vertical Consultants, states, “Vertical Consultants continues to optimize cell tower lease transactions for property owners across the United States who are approached to place cell tower or other telecom equipment on their property. Telecom companies continue to rely on a lack of information property owners have in order to obtain uneven terms on new cell tower leases. Our goal is to change that.”

While demanding that telecoms and tower developers treat property owners fairly and justly, Vertical Consultants maintains its ability to provide property owners across North America, telecoms’ insider information landowners need to make beneficial decisions regarding their current lease agreements.

Vertical Consultants, founded in 2010 by Hugh Odom, is comprised of a group of wireless industry veterans with decades of experience. Vertical Consultants specializes in issues surrounding the wireless telecom industry and prides itself as a source of information for property owners. Vertical Consultants experience in the industry allows it to offer its clients unmatched expertise, services and results. Unlike others in their field, Vertical Consultants is able to handle every aspect of the issues surrounding a cell tower, rooftop or any other type of telecom lease, from start to finish. To learn more visit http://www.vertical-consultants.com or contact Vertical Consultants at info@vertical-consultants.com or 877.456.7552.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Joanna Gaston

Hugh Odom
Visit website

Media