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Cell Tower Leases

  • 1.  Cell Tower Leases

    Posted 02-04-2020 15:35

    At WKU, we are creating new cell tower leases for both macro-towers on top of existing buildings and micro-towers across campus.  Seeking feedback on comparable lease amounts for each and lessons learned / best practices.

     

    Thanks!

     

    Dr. Jennifer I. Tougas

    Interim AVP Business Services

     

    Western Kentucky University

    1906 College Heights Blvd

    Bowling Green, KY 42101

    jennifer.tougas@wku.edu

    270-745-3931

     



  • 2.  RE: Cell Tower Leases

    Posted 02-05-2020 09:31
    Jennifer - I'd be interested in the responses to this inquiry.  We lease a singular cell tower to a local provider for about $1,600/month plus a pre-paid amount to cover the utilities.  Annually the actual utility costs are reconciled and the vendor sends in payment for the difference.  There is a contractual rate increase of 15% every five years on the lease.  Reconciling the utility charges is done using formulas based on the equipment in use though ideally this area would be separately metered at the expense of the vendor.  I'd certainly like to learn more about the opportunities here to expand our leases to other vendors who would find our site attractive. - Thanks much everyone!

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    Rick Warpinski, CASP
    St. Norbert College
    Director of Auxiliary Services
    De Pere WI
    United States
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  • 3.  RE: Cell Tower Leases

    Posted 02-05-2020 10:45
    Jennifer,

    At a previous institution I worked with Steel in the Air consultants, and they were very helpful. Not sure if you know of them already, but check them out if not.

    https://www.steelintheair.com/

    Thanks,

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    Ryan Greene, CASP, MBA
    Georgia Tech
    Director of Auxiliary Services
    Atlanta GA
    United States
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