SiteBid connects property owners, municipalities, nonprofits and faith-based organizations with complimentary infrastructure lease consultations from experienced consultants.
Equipment Alteration or Redevelopment
When a tenant upgrades their equipment, they may be required to pay additional rent depending on their current lease terms. We can review your lease and site plan to determine if additional compensation should be due. Alternatively, a Property Owner may want to improve or redevelop the property. We can ensure expectations and terms are met to provide a mutually beneficial outcome.
Lease Negotiation & Management
Our experienced site advisors manage the entire leasing process, ensuring your property is marketed effectively to attract the best tenants and secure leases at or above market rates.
Contract Analysis
- Detailed Market Report
- Compared to 23k+ Leases
- ** Legal Contract Analysis
- Premium Support
Lease Negotiation
- Experienced Fiduciary Representation
- Attorney Legal Review and Redlines
- Includes Rent & Contract Analysis
- Premium Support
Site & Asset Management
- Centralize Asset Visibility
- Lease Audit & Negotiation
- Optimization of Lease Terms
- Premium Support
Expert Guidance on Infrastructure Lease Modifications and Expansions
As the landscape of utility and infrastructure development rapidly advances, property owners are more frequently presented with opportunities to renegotiate their leases due to requests for modifications or expansions. This trend spans across a diverse range of infrastructure categories, including telecommunications towers, energy storage sites, solar farms, and EV charging stations, driven by technological advancements and the growing demand for infrastructure expansion.
Understanding Lease Modifications and Expansions
A “lease expansion” typically involves the lessee seeking to increase the leased land area on your property for further development or enhancement of the existing infrastructure. Conversely, a “lease modification” may involve the lessee’s request to upgrade or add new equipment within the existing lease boundaries without necessarily increasing the leased space. While expansions often present clear opportunities to negotiate higher rents, modifications do not always guarantee additional compensation, depending on the terms outlined in the existing lease.
The advent of new technologies, such as the widespread implementation of 5G networks, has precipitated an increase in modification requests over recent years. Property owners are usually first notified of these proposed changes through formal communications from the lessee, framing the modifications or expansions as improvements that would benefit both parties.
Since its inception, SiteBid.com has empowered thousands of property owners nationwide, navigating the complexities of infrastructure lease negotiations to secure favorable terms. Our depth of industry knowledge enables us to provide invaluable insights into the intricacies of your lease, ensuring you are well-informed to make decisions that optimize the present and future value of your lease.
How SiteBid Can Assist You
Comprehensive Lease Review: We can analyze your current lease and any proposed amendments to clarify your rights, obligations, and potential for compensation, while minimizing the practical impact of any changes on your property.
Detailed Site Audit: Our Advisors can assess the feasibility and associated costs of the proposed lease modifications or expansions, taking into account zoning laws, existing tenants, and the potential revenue implications for you as the lessor.
Evaluation of Proposed Changes: Our Advisors extensive experience in reviewing construction plans and assessing requests for both site expansions and equipment modifications positions us uniquely to provide expert guidance on what your lease permits and the fair market value of the proposed changes.
Strategic Recommendations: Leveraging our comprehensive database of comparable lease data, we offer tailored advice on appropriate compensation for lease expansions or modifications, ensuring your interests are fully protected and maximized.
Navigating Your Negotiation with Confidence
Whether dealing with telecommunications, energy, transportation, or any other utility infrastructure, our goal is to empower you with the knowledge and tools needed to navigate these negotiations successfully. If approached with a proposal for lease modification or expansion, reach out to us for expert consultation. Our commitment is to ensure you are positioned to make the most informed and beneficial decisions regarding your infrastructure lease agreements.