Sprint Enters the Lease Renegotiation Game Again

A landowner client of ours received this email from LCC, a company allegedly acting on behalf of Sprint where they claim that if the landowner doesn't agree to concessions, that Lendlease will consider relocating the Sprint site.  

Screen shot of email from Sprint
Email from Sprint Representative to Landowner

If you receive a similar request from Sprint, LCC, or Lendlease or another cell tower lease optimization company, please contact us.  We can help you evaluate the proposal and determine whether it is probable that Sprint would move in the event you choose not to accept their proposed rent reduction.

When People with Good Intentions Make Poor Decisions Out of Ignorance

A gentleman contacted me this past week, a bit upset in that his church board had decided to sell a cell site lease to Wireless Capital Partners.   The Board had heard the pitch from the lease buyout company and was persuaded by Wireless Capital’s pitch that they would market the site to other carriers and get additional tenants to use the property.   The gentleman had pleaded with his church board to use our services or at least consider the alternatives, but they directed him to “let it rest”.   In this case, this was a bad decision by the church board on many fronts, and they will end up paying for their ignorance many times over. [Read more…]