We averaged a 302% immediate increase in rents in 2022.
Global Tower Partners (“GTP”) is based out of Boca Raton, Florida, and is the largest privately owned tower operator in the U.S., and the fourth largest independent operator in this sector. GTP owns, manages, or master-leases more than 16,000 wireless sites and over 40,000 miles of railroad rights of way throughout the U.S. GTP leases space on towers and rooftops to leading wireless communications providers, including AT&T, Verizon, Sprint, and T-Mobile. GTP was founded in 2002 and began operations in October 2003.
On September 6, 2013, American Tower Corporation announced the acquisition of Global Tower Partners. The acquisition of Global Tower Partners adds approximately 5,400 towers in the US, along with over 9,000 rooftop sites. The towers acquired from Global Tower Partners average a little less than two (2) tenants per tower, and, as result, have space for additional tenants to be located on those assets.
Vertical Consultants continues to advise its clients of the opportunities they have regarding their Global Tower Partners lease.
If you have been contacted by an American Tower representative or a third-party company, call us today, and we will review your lease and your tower site to see what options you truly have and how to optimize those options.
Vertical Consultants is always open to providing you with not only references from clients we have assisted, but we will let you speak to them directly.
Results Matter: In 2023, Vertical Consultants averaged a 303% immediate increase in rents being received by our clients. We get results by being the only full-service telecom consulting firm that can handle your telecom, real estate and negotiation questions all under one roof. No other consulting firm can say that, nor can they match our results. “Advice is Nice but Results are Better”
