Strategic Wireless Announces Acquisition Of Cell Tower Portfolio
July 26, 2019 | Strategic Wireless
Strategic Wireless Infrastructure Funds Management, LLC. (“Strategic Wireless”) announced that it has acquired a portfolio of cell towers located in various counties throughout Iowa. Several of the telecom industry’s leading wireless carriers serve as anchor tenants on the towers and are joined by a host of other organizations.
The towers are at approximately 50% capacity, which management believes provides significant upside and value creation upon lease-up. Management expects to pursue additional wireless carriers, governmental agencies, radio stations, wireless internet service providers and others to help maximize occupancy on the towers.
