Vertical Consultants Achieves 65% Cell Tower Rent Increase for Self-Storage Client
Vertical Consultants negotiates a 65% cell tower rent increase from the nation's largest wireless carrier for Bellflower Self-Storage.
Nashville, TN (PRWEB) October 31, 2012
Vertical Consultants is proud to announce that recent negotiations with the largest telecom company in the United States have led to significant monetary gain for their client, Bellflower Self Storage, LTD. Bellflower Self-Storage is a California based company operating facilities across the state. The self-storage operator was receiving ancillary income through site rental revenue generated by a cell tower located on the self-storage property.
Concerned with the status of their cell tower lease, Bellflower approached Vertical Consultants to review the cell tower lease associated with the self-storage property. Upon review, the telecom consulting firm discovered terms within the lease that deemed it extremely undervalued, warranting negotiations to increase the self-storage company's cell tower rent revenue. Vertical Consultants was able to negotiate an immediate 65% increase in Bellflower self-storage's cell tower rent, representing a more accurate value of the tower site.
Hugh Odom, President and Founder of Vertical Consultants states, "The Vertical Consultants' team is proud to provide our clients with results postively 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, in just two years has already become a catalyst for change in the telecom industry. Increasing cell tower rents by an average of 98%, and recovering over 100 years' worth of cell tower rent and expenses, collectively, is testament to the wide disparities between property owners and telecom companies.
Vertical Consultants, founded in 2010 by Hugh Odom, is comprised of a group of wireless industry veterans with decades of combined experience. Priding itself as the only true landowner advocate, Vertical Consultants handles all aspects of telecom transactions and negotiations on behalf of property owners, from start to finish. To learn more about the disparities within the telecom industry, visit http://www.vertical-consultants.com or contact Vertical Consultants' Public Relations Director at Joanna(at)vertical-consultants(dot)com.
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