Services

Owner representation- Wireless Infrastructure

If a wireless carrier or third-party is offering wireless infrastructure for “free," plus a share of the revenue, you need to understand the critical terms and conditions of the lease agreement. Negotiating a lease agreement without a knowledgeable advisor at your side is a missed opportunity to obtain the most favorable lease terms and protect your long-term wireless interests.

Carrier/third-party funding of wireless infrastructure may seem like black magic at times, but that’s because the market is so dynamic.   With funding models changing overnight, there’s an abundance of “false-knowledge” in the marketplace, too often dispensed to serve a hidden agenda.  That’s why it’s critical to obtain the knowledge of an unbiased, “tuned-in” advisor to help you make the best decisions.

So, what can you expect from a typical owner’s rep engagement with Russ-Hobart?

• Needs Assessment – We evaluate the needs of your tenants, visitors, guests, etc. to determine what communication services will enhance their experience at your property.

• Feasibility - We determine which properties are likely candidates to receive “free” wireless infrastructure, whether it be neutral-host DAS, carrier outdoor small cells, or rooftop macro antenna sites.

• Solicitation – We reach out to the wireless carriers and third-party owner-operators to receive proposals for wireless infrastructure deployments.

• Technology Evaluation – We evaluate the proposed solution to make sure it serves your best interests.

• Lease Negotiations*- We push the limits of the lease business terms to protect your long-term business and financial interests.  Moreover, we eliminate or mitigate the buried “gotchas” that are too often overlooked by property owners and their attorneys.

• Optional: Ongoing Lease Management- We coordinating all matters related to lease, i.e.,  amendments, testing, upgrades, access, etc.

Owner representation- Broadband Access Agreements

Retaining a consultant to advise on negotiating broadband access agreements is crucial for commercial office property owners to ensure they secure the most favorable terms. The broadband landscape is complex, with constantly evolving technologies, pricing structures, and service-level agreements that can be difficult to navigate without expert guidance. Russ-Hobart brings specialized knowledge of industry standards, emerging trends, and the fine print that can impact long-term operational efficiency and tenant satisfaction. We can also identify hidden costs, negotiate better terms, and ensure the agreement aligns with the property’s long-term goals. By partnering with Russ-Hobart, property owners can avoid costly mistakes, future-proof their infrastructure, and enhance the overall value of their property.

What can you expect from a typical owner’s rep engagement with Russ-Hobart?

1. Expert Guidance: We will provide expert knowledge of lease agreements, infrastructure options, and market dynamics to ensure the property owner understands the intricacies of the broadband or wireless deal.

2. Lease Negotiation: We will work to negotiate favorable terms and conditions on behalf of the owner, ensuring that the agreement aligns with both short- and long-term property goals.

3. Risk Mitigation: We will help identify and mitigate risks, such as hidden costs, unfavorable clauses, or long-term commitments that could affect the owner’s flexibility or financial returns.

4. Market Insight: We will leverage their understanding of current market trends and standards to secure competitive pricing, revenue-sharing arrangements, or other benefits that the owner might not be aware of.

5. Coordination and Management: Russ-Hobart oversees the entire process, from reviewing proposals to managing the installation and ensuring the project remains on track and within budget.

6. Unbiased Advocacy: Acting solely in the property owner's interest, we ensure that decisions are based on objective analysis, not influenced by outside parties or hidden agendas.

* Russ-Hobart is not a substitute for your legal counsel.  We aid your counsel, providing them with the industry knowledge they need to draft the ideal lease(s). Learn more…

OUTDOOR SMALL CELL REVENUE OPPORTUNITIES

Small Cell is the relatively new term used to describe modern-day cellular infrastructure needed to “densify” the wireless carrier’s networks. Previously, coverage and capacity issues were primarily addressed with macro cell sites and in-building DAS deployments, but now a “small cell” is a new tool increasingly deployed by the carriers. Don’t miss out on the opportunity to collect rent from the carriers by allowing them to deploy these inconspicuous devices on or around your buildings. Russ-Hobart can help you evaluate business terms of the lease agreement, maximize the rent, and ensure the deployment doesn't distract from the building aesthetics.

NFPA and IFC Fire Code GUIDANCE

Fire Code Compliance- Public safety distributed antenna systems (DAS) are referred to as emergency radio communications enhancement systems (ERCES) by the NFPA and first responder radio coverage by the IFC. The primary purpose of the evolving codes is to ensure first-responders have adequate radio coverage when they enter a building. Deep, cavernous buildings and newer LEED certified buildings with Low-E glass are just a couple of the building types that will suffer from poor or no in-building coverage. With code adoption sweeping the country, if you’re not currently impacted, you will be soon. Engaging Russ-Hobart will ensure your ERCES deployment meets or exceeds code.