Sell or Lease?
Need help with cell phone antenna site proposals and lease renewals? RGS has got you covered!
Strategic Services Consultant Brian Moura assisted the City of Sausalito in the review of their cell phone antenna lease and buyout offer from telecom giant AT&T.
Brian’s recommendation?
- Retain ownership and control over the site.
- Negotiate a 15-year lease extension with updated terms and a lease rate increase.
While teaming with a specialized Law Firm, RGS’ guidance helped the City:
- Recognize a 71% revenue increase had they accepted the buyout offer.
- Increase their monthly lease rate by 80%.
- Recognize a 4% per month rent increase in perpetuity of the lease.
Facing the Sell or Lease dilemma? Contact RGS Director of Finance Services Glenn Lazof at (650) 587.7302 for assistance in updating your cell phone antenna leases and boosting your revenue.
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November 24, 2024
November 24, 2024