TALKING TO THE TOWERS?

THE TOWERS LLC… It’s a terrible name for a cell tower company in our opinion, but they sure are building a lot of them. You’re probably here to because you’ve received a proposal to sign a cell tower lease agreement from a company called “The Towers LLC” and they want to erect a cell phone tower on your land, and you or your lawyer have many questions. Who exactly is THE TOWERS? Glad you asked.

The Towers is a joint venture company formed by Verizon Wireless and Vertical Bridge. But didn’t Vertical Bridge just recently acquire over six thousand of Verizon’s cell tower? Yes and they are building more. But looking at the lease offer from The Towers, you would not know that you are dealing with the stepchild of Verizon and Vertical Bridge. In our opinion the Verizon-Vertical Bridge The Towers LLC JV is just another strategic move from “big wireless” to confuse the heck out of landlords and property owners. Their cell tower lease agreements are very similar, nearly identical.

The “Average Joe or Jane” property owner or their attorney would not know this of course. This is why we tell you that the cell tower leasing infrastructure playing field is uneven and property owners are at a disadvantage when negotiating a cell tower lease agreement and go into these deals uninformed and unprepared.

Call Tower Genius LLC today at 1 (888) 313-9750 for assistance with your cell tower lease offer from The Towers LLC.

Are you a property owner who has been contacted by a site acquisition company working on behalf of The Towers LLC to have a cell tower built on your land? Are you wondering if The Towers made you a fair offer? Are you wondering what are the average cell tower rent rates for The Towers agreements?

Searching for a cell tower lease consultant who can help you or your attorney with the cell tower lease proposal you’ve been handed by The Towers LLC, or with negotiation strategy? Or do you already have a cell phone tower under development by The Towers LLC, and you’re wondering, can I sell my cell tower lease before or after THE TOWERS new cellular site is built? You probably have many questions if you are talking to a representative from The Towers. Make sure that you talk to Tower Genius before signing your cell tower lease agreement from THE TOWERS. 

Tower Genius knows THE TOWERS cell tower lease agreements

The Towers LLC cell tower lease agreement generally offers rigid business terms to landowners with less flexibility compared to other cell tower companies, lower rents and they want you to sign a very long lease that will outlive you and possibly your heirs.

When you’re approached by The Towers LLC for having a new cell tower built on your property, you face a crucial decision. The Towers typically wants you to sign the lease quickly. The faster you sign, the less time you spend reading it and thinking about the low rent, low rent escalations, excessive lease renewal periods and overbearing Rights of First Refusal and Confidentiality language for starters.  Property owners who attempt to negotiate with The Towers will typically find themselves at a significant disadvantage without the proper guidance. There are ways to bump the pinball machine without tilting it, as our colleague Dave will tell you. But sometimes it’s better to walk away from what looks like a bad cell tower contract than to tie up your property long term. We help you to identify areas of the lease that are potential issues so you can make best decision for your potential situation.

When The Towers LLC Gives You Lemons, You Can Either Make Lemonade or Walk Away From the Cell Tower Lease Offer

Negotiating a cell tower lease agreement with The Towers LLC usually consists of their real estate site acquisition representative contacting you. Then you, the land owner realize that you are going to need help, and you begin spending money to hire an attorney, then you send the marked-up lease back to them, and then they might respond, “this is the lease, take it or leave it.” 

Typically, Tower Genius recommends two to three dozen modifications on any lease agreement we look at that a property owner and your attorney would consider. With The Towers, we have found that The Towers will usually not agree to about 50% of the changes we would suggest to any client. So how does Tower Genius add value for you?

Simple, our job is to inform landowners and their attorneys about The Towers LLC’s cell tower lease agreement, and make you aware of certain terms and what the potential implications are. You can then make informed business decisions and decide if you can live with their cell tower on your property, or not. Some property owners can, and some can not.

Unlike typical cell site leases which used to be 25-years long, The Towers LLC’s cell tower leases are written to lock you in for a very long time. Tower Genius is a telecommunications consulting firm that specializes in helping property owners through the cell tower leasing and negotiating process. We are not a law firm, and we are not attorneys. But we do get hired by attorneys regularly to assist their clients with cell tower offers form The Towers. It’s important to know where you have leverage and room to negotiate, and what provisions of the lease are non-negotiable. Unfortunately, many well-intentioned attorneys that are unfamiliar with cell tower leases end up hurting their clients by trying to negotiate with The Towers LLC, where it is almost certain that they are unwilling to budge. 

Get Expert Guidance from Tower Genius on The Towers LLC’s cell tower lease offer and negotiation

If you’re about to get into cell tower lease negotiations with The Towers LLC, stop, breathe and talk with Tower Genius first. We can provide you and your attorney the essential information that you need to make informed decisions about your lease agreement.

If you have any questions about our cell site lease consulting process for helping you negotiate a cell tower lease quickly and for fair terms, don’t hesitate to contact us anytime by calling 1-888-313-9750 or by filling out the Contact Form on this page!

What Are the Do’s and Don’ts of Handling New Cell Tower Proposals from The Towers?

When approached with a new cell tower lease proposal from The Towers, ask as many questions as you can. Ask them to confirm if this new cell phone tower is being built for Verizon Wireless, ask them if they will do the lease agreement with you for LESS THAN THE LENGTH THAN THEY OFFERED, and ask them about what will the cell tower lease increase with the rate of inflation?

The Do’s of talking to THE TOWERS: 

– Try to get back to them within 24 hours of being contacted.

– Express some interest but not too much interest.

– Let them know that you can get a deal done fast.

– See if they can get a crew out to survey your land.  

– Give them permission to set foot on your property (Entry & Testing agreement).

– Offer them with a copy of a property survey if you have one.

– Get their business card and don’t lose it. Take a picture of it.

– Give them your phone number and email address.

– Have them send you a draft copy of their cell tower lease to read.

– Ask them how much rent they will pay you. Don’t make a counter offer. Tell them you will think about it.

The Don’ts of Talking to THE TOWERS:

– Don’t appear eager and don’t start negotiating anything in your cell tower contact.

– Don’t sign any Letters of Intent or Term Sheets.

Your answer for everything is, “let me think about it and get back to you.”

Why Choose to Work with Tower Genius?

• Tower Genius is a cell tower lease consulting company that you can trust who has been analyzing Tillman cell tower leases since 2016.
• We can answer all of your cell tower lease related questions.
• We have no conflicts of interest with THE TOWERS and have your best interests in mind.
• Our cell tower lease consulting fees are extremely reasonable, and we unlike others who “consult” for property owners are not interested in becoming your partner in the deal, and we are not looking for a long-term or short-term piece of the deal.

Contact Tower Genius Today About Your Cell Tower Lease Offer from The Towers

Contact Tower Genius about your Tillman Infrastructure lease offer today.

“LEASE VALUE CALCULATOR FORMULA = What they want you to know ÷ WHAT WE KNOW”