Negotiating Tower Leases

[Sam Erickson]

Hi Everyone so I just finished negotiating two separate tower leases in SE Wisconsin.  Each tower was leased to a different cellular company.   Oddly enough (or perhaps it's not)  both leases are now paying $950/month, with 3% year escalators and gave a $5,000 signing bonus to landlord.

I'm curious if anyone else out there has negotiated tower leases and how you did?

I think I could have got the rent up a little higher, perhaps $1000 or $1050 but the tower did their usual "we are going to take it down" and the Landlord was happy with the $950 as it was a 50% increase from what they were getting.