
NAI Capital Wireless Brings Expertise To Cellular Lease Extensions And Renegotiations
ONTARIO, Calif., March 4, 2015 /PRNewswire-USNewswire/ -- NAI Capital Wireless, the nation's leading advocate for cell site landlords, is the industry's expert in lease extensions and renegotiations. The firm has helped numerous site owners add value to their lease before their contract expires by enhancing the lease terms in favor of the landlord.
NAI Capital Wireless urges site owners to consider their options prior to signing a new agreement with the original terms of the contract. Often times, the value of a cell site will be higher now than it was at the commencement of the lease due to the current lease rates being below market value. NAI Capital Wireless can evaluate your site — and the market climate – to ensure you receive a fair rent.
NAI Capital Wireless provides clients with knowledge about what to expect when the renegotiation period approaches. Sometimes a wireless tenant will try to renegotiate the terms in the middle of a contract. This renegotiation might be presented as a "lease optimization" package. Usually, the tenant is trying to lower their rent payments or otherwise alter the lease terms in their favor. In fact, they might threaten to decommission the site (and terminate the lease) if these changes aren't accepted.
In these situations, it's important that you assert your rights. You might be able to minimize these negative revisions or avoid them altogether. NAI Capital Wireless understands the industry, and we can negotiate with the tenant to prevent needless concessions. Over the past 5 years, we've negotiated multi-million dollars in lease amendments and extensions.
Education is the key to success for cellular site owners. According to David W. Moore, Senior Vice President of NAI Capital Wireless, "Lease extensions should never go 20 years beyond the existing term." Moore revealed, "I talk to site owners daily, and 90% of them are completely oblivious to the current market trends and their rights as a cellular site owner up for renewal, quite frankly it is because the cellular tenant may want to keep them in the dark in order to benefit the most in this situation."
NAI Capital Wireless urges site owners to be cautious, and to seek them for consultation before signing any new contract. To learn more, visit the services page. For more information about NAI Capital Wireless visit the website.
About NAI Capital Wireless
NAI Capital Wireless is the nation's leading advocate for cell site landlords. Since 2009, we have protected the rights of site owners, provided solutions to their problems, and negotiated on their behalf. As part of the NAI Global family, we are backed by one of the world's largest real estate service networks. To learn more about our team, please visit our team page.
Contact: Amber Leigh
Direct Line: (909) 243-7761
Cell: (760) 902-9592
Email: [email protected]
SOURCE NAI Capital Wireless
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