Vertical Consultants has been contacted by landowners who have cell phone carrier tenants who have pushed the limits of their lease when it comes to what they are allowed to do, in terms of their occupancy and use of rooftop space. Unfortunately, most building owners do not have the time nor the industry knowledge to thoroughly review what the carriers have installed not only on their rooftop, but inside their building as well. Sometimes, a building owner has to catch a cell phone carrier with their “hand in the cookie jar” so to speak, in order to realize that something is not being handled properly. This is where Vertical Consultants can be of assistance. We know what to look for, and how certain situations can lead to a landowner being properly paid for the space being used by a cell phone carrier tenant.
If you can answer yes to any of the following questions, then we can work for you to make sure you are optimizing your current rooftop lease:
- Do you have multiple cell phone leases on your rooftop and want to verify that your tenants are fully complying with terms of their respective leases, including that tenant’s use of the correct areas on and within your building, reimbursement of expenses, and accurate payment of rent?
- Has a cell phone carrier added more equipment or modified the site during the term of your lease, and, therefore, should you be receiving additional rent as a result, and, if so, how much?
- Has your wireless carrier denied you information regarding its occupancy and use of your building based upon such information being “proprietary”, and why does a cell phone carrier play that card?
Vertical Consultants will not only review your lease, but your actual leased area site as well. We do this in order to confirm what is actually installed on and about your building, and we then compare that snapshot against what your tenant is allowed to install.
What Is Your Property Really Being Used For?
Vertical Consultants has worked with hundreds of building owners across North America with rooftop cell site reviews. Unlike similar cell site lease consulting companies who will gladly perform reviews and inspections in exchange for thousands of dollars, we will do these exact same reviews at NO COST TO YOU. We review your tenant’s current installations, and then review the lease documentation to determine if the carriers are in complete compliance with their lease agreements. Again, we do all of this at no cost to you and will not benefit from such review services unless you do.
How Can This Review Benefit You?
Vertical Consultants’ review can confirm that you are receiving every penny possible based upon your lease. If not, we will work to make sure you receive not only that unclaimed revenue moving forward, but we will also collect any past due amounts. In some instances, we have found that cell phone carrier tenants were underpaying, or had allowed a subtenant to share their leased area, without correctly paying the building owner for such use. We are also able to determine whether or not a cell phone carrier tenant has installed additional antennas over and above what is allowed under the terms of the lease. The only way to truly know what is going on at your building is to thoroughly review the occupancy and use by your cell phone carrier tenant. Vertical Consultants can do this for you.
