New Site Lease Proposals
Our Services
A massive wave of new cell sites are being built nationwide due to growing consumer demand for wireless service.
Think, is there anyone today that does not carry their cell phone on them most times and rely on it for navigation, web searches, email and even phone calls? Therefore, wireless carriers must continue constructing new sites that will fill coverage gaps and/or relocate existing sites that no longer meet technical requirements. So how do property owners capitalize on this opportunity to capture new cell site revenues and/or not lose existing rent to an owner across the street?
Carriers have several criteria with respect to new or relocated sites, with “speed to market” and financial considerations often being the driving forces in their decision:
Does the proposed site meet RF engineering (radio frequency) requirements within their ever-changing network?
This is typically the primary factor with the rent and terms being secondary.
Will the landlord be receptive to the new revenue opportunity and have reasonable expectations about rent and other lease terms?
For example, if an owner has unrealistic rent demands then the carriers may simply move “across the street” to another viable candidate. But if an owner is too accommodating they may leave significant revenue on the table. WREP can help you strike that strategic balance.
Will the landlord make their decision quickly and not hold up the process?
Your objective should be to get WREP involved when you are first approached so we maintain your leverage and we can engage with the carrier and their representatives to give you the best opportunity to capture and maximize this new revenue.
Think WREP for all your wireless carrier needs. We’re on your side.
Owner Advocates – focused on increasing value and enhancing revenue from your existing wireless lease agreements.