We at Wireless Investment Group heard rumors that Global Tower Partners was possibly on the market, but it wasn’t until August 6th that Ruters announced, MacQuarie had put Global Tower Partners up for sale. Global Tower Partners owns approximately 6,400 towers and manages or leases more than 9,400 other sites in the US, Mexico and Costa Rica.
What does this mean for landlords with Global Tower Partners leases on their property? Not much really. If one of the big three US Tower Companies (SBA, Crown Castle and American Tower) buy them, they will just roll them into their portfolio and your check will just be coming with a different name on it. The lease buyout value that your lease currently carries will not be affected.
If you are interested in your lease(s) current value, please give us a call at Wireless Investment Group to the most up to date information.