Not all lease obligations are shared equally

Discussion in 'Design, Development and Standards Discussions' started by Wireless Estimator, Feb 1, 2008.

  1. Wireless Estimator

    Wireless Estimator Administrator Staff Member

    A Midwestern company had a lease at a fair rate, a five year commitment with two five year period renewal options, a low fixed rate rent escalator and the obligation to share in the cost of power and any site improvements. Two business failures and three non-renewals on the tower due to a more competitive option saw the paging company's annual cost increase dramatically. Although the owner did renegotiate their lease, they could have been held to the higher expenses.

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