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Rooftop cell tower lease right of first refusal.

by Holly
(California)

The cell phone company wants to have a Right of First Refusal in our lease agreement in the event we decide to sell our lease revenue stream. Is this a good idea for us? Yes, no or maybe?

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Rooftop cell tower lease right of first refusal.

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Sep 28, 2011
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starstarstarstar 		ROFR rhymes with gopher
by: Airwave Management LLC

The right of first refusal is the ROFR gopher clause because the carriers dig themselves into your lease entrenching themselves like a gopher who likes to take your carrots.

Look, if I'm the carrier or tower company then I want the right of first refusal on a lease buyout offer. Giving up that right can cause you to potentially leave a lot of money on the table. Don't give up your right of first refusal if possible. The carrier will tell you that it's a deal breaker, but the Wireless Pit Bulls of Airwave Management have determined that 4 out of 5 carrier real estate managers are bluffing when it comes to ROFR language.

If you are not a good poker payer then you need to hire a wireless professional, call Airwave at 888-313-9750.

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AirWave Management LLC
95 W. Main Street Suite 5-139 Chester, NJ 07930 888-313-9750 T/F
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We are excited to announce that we now provide cell tower leasing assistance to landlords and property owners in Canada. Please follow the Canadian flag to our Canadian cell tower leasing page.

We assist American property owners and landlords maximize their cell site lease values and get the best possible terms on lease agreements, extensions, 4G and LTE upgrades, amendments and lease buyouts with AT&T Wireless, Verizon Wireless, MetroPCS, T-Mobile, Sprint Nextel, US Cellular and Cricket.






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