Since 2004, Steel in the Air has helped over 2,500 clients nationwide to negotiate favorable leases against wireless carriers, lease buyout and tower companies. We also provide lease valuation and asset management services to small tower owners, appraisers and investors. Over the past seven years, along with our partner, SteelTree partners, we have assisted in the brokerage of over $650 million in wireless assets.
Many of our inquiries come from appraisers who have been called upon to evaluate cell towers and cell sites for eminent domain and/or taxation purposes. Appraisers reach out to us as industry experts who understand the intricacies of the highly vested, federally protected Wireless Communications industry, and the complex market dynamics affecting any transaction. The cell tower sector, for instance, has very low churn, quite the opposite of commercial real estate. Additionally, gaining access to a statistically sound sample of tower sales transactions, specifically current ones, can be challenging. Steel in the Air has been building a proprietary database for over ten years, tracking tower sales, location data, lease buyouts, and lease negotiations nationwide. Our data is comprehensive, timely and unbiased.