John W. Pestle

John W. Pestle

Varnum LLP

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Sell The Cell Lease Separately (When Selling Real Estate)

When does selling a cell tower lease make sense? In financial terms, it usually doesn't (you can't invest the money and get the same income you're now getting)....more

9/24/2013 - Cell Towers Commercial Leases Real Estate Market

What Is The Rental Rate For A Cell Tower Lease?

One of the most common questions we get is "What is the going rental rate for a cell tower lease?" It varies, and there are key factors which drive it. ...more

5/24/2013 - Cell Towers Leases Rental Rates

What’s A Cell Tower Lease Worth?

People with cell towers on their property are frequently contacted by companies offering to "buy-out" their cell tower lease. The resulting question we get is "What's my cell tower lease worth?" This post will attempt to...more

3/6/2013 - Asset Valuations Cell Towers Leases Rental Income

Attention T-Mobile Lessees: Consult With An Attorney

Crown Castle, a company that recently purchased over 6000 leases from T-Mobile, is now sending out letters to their lessees introducing themselves. They are asking lease-holders to sign and return those letters. If you or...more

2/6/2013 - Cell Towers Crown Castle Leases T-Mobile

Considerations For Church Cell Tower Leases

Churches are good candidates for cell towers and antennas because cell companies have to add a lot more cell towers and antennas due to the increased demand caused by the proliferation of Droids, iPhones, iPads, etc....more

12/27/2012 - Cell Towers Churches Commercial Leases

Cell Tower Lease Buyouts, Good or Bad?

Many property owners with cell towers on their property are getting proposals to buy out their interest in the lease for the tower, or similar proposals for leases for cell antennas on the roof or side of a building. Usually...more

11/26/2012 - Buyouts Cell Towers Commercial Leases

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