Nearly 90% of property owners leasing their land or space for the placement of cell tower and other telecom equipment are underpaid.
Atlanta, GA (PRWEB) May 08, 2012
Vertical Consultants, a telecom consulting firm based in Nashville, Tennessee weighed in on issues and potential strategies regarding the City of Atlanta’s present and future cell tower and telecom leases. This discussion and the afore-mentioned issues were documented in the April 28th, 2012 issue of the Atlanta Journal-Constitution.
Among the participants in the discussion were Hugh Odom, President and Founder of Vertical-Consultants, John Lavelle, Director of the City of Atlanta’s Real Estate Portfolio, and Rep. Karla Drenner.
The exchange of information and ideas in the article stem from Atlanta’s search to optimize these revenue producing assets now and in the future. The City of Atlanta, like many municipalities, is seeking to narrow the wide disparities between the amounts municipalities are being paid for the use of their properties and the value the telecom companies are garnering from these same locations. Local officials are honing in on these leases, trying to accomplish the best deal for the citizens of Atlanta.
The April 28th article highlights Odom’s belief that the best deal can be accomplished if property owners begin looking at a telecom transaction as just that, a telecom one rather than a real estate one. According to Odom, most property owners really don't understand the value of their site.
In addition to this Odom states that “…nearly 90% of property owners leasing their land or space for the placement of cell tower and other telecom equipment are underpaid.” With Atlanta's telecom leases set to expire at the end of next year, that kind of statistical information is vital.
Vertical Consultants is honored to be a part of the discussion regarding the optimization of the City of Atlanta’s telecom leases. Vertical Consultants continues solidify its position as a continuing resource for property owners seeking to fully benefit in their transactions with the largest global telecom companies in the world. Vertical Consultants has established itself as a not only as a source of data for property owners but as a medium for these same property owners to obtain true value for the use and occupancy of their property.
Vertical Consultants was founded in 2010 by Hugh Odom and is comprised of a group of wireless industry veterans with more than forty (40) years of combined 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(at)vertical-consultants(dot)com or 877.456.7552.