Vertical Bridge is a wireless infrastructure company that owns, operates, and manages vertical infrastructure including cell towers, billboards, and rooftop sites. They own or master lease 11,000 cell towers and manage many more. Vertical Bridge claims to have 500,000 sites in its portfolio but the vast majority are not currently leased to cellular providers. Steel in the Air is not affiliated with Vertical Bridge – we advise landowners who either have or are negotiating cell tower leases with Vertical Bridge. If you have found this page while looking for Vertical Bridge – just add “.com” to their name and you can find their website. Landowners primarily look to Steel in the Air for assistance in the following areas.
Vertical Bridge is a build-to-suit tower company, meaning that they build cell towers on behalf of wireless service providers and then lease space back to the provider for use of the tower. Vertical Bridge has master lease agreements with all the larger wireless carriers. The typical arrangement works like this:
Steel in the Air assists landowners with negotiating the lease with Vertical Bridge. We review the proposed site and advise on how much Vertical Bridge needs to lease your specific property and whether they have other alternatives. We advise on how much the lease is worth to Vertical Bridge and make recommendations on terms that can be improved in the Vertical Bridge lease agreement.
It depends upon several factors:
The average lease rate proposed by Vertical Bridge in our database is around $1,000/mo. It is important to remember though that lease rates very widely and Vertical Bridge typically attempts to keep their lease rates low. So, if you have an offer from them that is lower than $1,000/mo., this doesn’t mean you should counteroffer at $1,000/mo. Vice versa, if you have an offer above $1,000/mo., it doesn’t mean that is fair market value of the lease. The lease may also include an escalation clause where the lease increases 1% or more each year. Vertical Bridge tries to keep their escalation low.
Vertical Bridge’s standard template lease requests the following:
On Vertical Bridge proposed leases, Steel in the Air provides consulting services to landowners who are considering a proposed Vertical Bridge lease. Unlike our competitors who will try to take 20-30% of your lease going forward, we charge a flat fee for assisting you (generally, in the range of $3,000 to $3,500).
On Vertical Bridge existing leases, we can advise on the fair market value of the lease going forward. If your lease is close to expiration or Vertical Bridge wants to extend or expand their lease, we can help you determine how much you can charge. Fortunately, once the tower is standing on your property, you have much more room to negotiate, and we can help you figure out what that is worth. These are also done on a flat fee basis; our fees start at $4,000 and go up from there depending upon the complexity of the situation and how many carriers are on the tower.
Please don’t hesitate to reach out to us if you have any questions about a proposed or existing Vertical Bridge lease. Here is our commitment to you: