Sell a cell tower, or a portfolio, to an owner that closes.
You own the tower, not just the lease, and we buy towers. Single sites, regional portfolios, and brokered processes. Clear criteria, an offer set to the engineering, and a close that does not re-trade.
- Towers owned
- 11
- States
- 5
- Height range
- 140–300 ft
- Fee-owned land
- 9%
Start in the right place.
I own the tower
You own the structure, with or without the land under it. This page is for you: the criteria, the five steps, the form.
A Trinity River tower stands on my land
You own the land under one of our towers. Lease extensions, ground buyouts, and the land desk are on the landowners page.
Someone else's tower stands on my land
We buy towers, not the leases under towers we do not own, so we cannot help with a ground lease under another company's tower.
What we buy
Macro towers with room above the anchor tenant.
Structure type
Self-support, monopole, guyed
150 ft above ground preferred, ideally 180 to 300 ft structures with usable rad-center inventory above the anchor tenant. No rooftops, DAS-only, or small-cell-only portfolios.
Geography
48 states and DC
Current concentration in the Southeast and Midwest. Sites that tuck into or anchor an existing cluster get priority, and strong single sites are welcome anywhere in the contiguous U.S.
Scale
One site to sixty
Single strategic towers and portfolios up to 60 sites, with underwriting strongest in the 15 to 60 range. Larger portfolios are considered case by case.
What we look for
Preferences, not gates.
Each of these strengthens a site's fit. None is required; we read every submission on its full set of facts.
Room above the anchor tenant
Vacant rad-centers, structural headroom for another carrier, and a second or third tenant we can name from coverage need.
Long ground-lease tenor
Twenty or more years remaining including options, with modest escalators and reasonable revenue share. Fee-owned land counts for a lot.
Tier 1 anchor tenancy
A national carrier under a multi-year master lease, with contractual escalators and clean assignment terms.
Cluster fit
A site within about 25 miles of one we own, or one that anchors a defensible new market with a documented carrier build plan.
Clean regulatory posture
ASR registration current where required, FAA determinations for the as-built height, no open NEPA or Section 106 matters, and conforming zoning.
Upside we can see
Below-market escalators with resets ahead, a path to fee ownership, amendment runway, or carrier programs such as FirstNet, mid-band densification, and fixed wireless.
Five steps from first call to close.
Every step has one owner. We share where you are at each one, and how long it usually takes.
Screen
A fast go, watch, or pass against our criteria: structure, tenancy, ground-lease tenor, geography.Engineering review
A licensed PE reviews the structure and loading. We underwrite what the tower can actually carry.Offer
A clear LOI with terms set to the underwriting. No re-trading, no surprises.Diligence
Title, ground lease, tenant leases, FCC and FAA records, and environmental review. Handled in-house by licensed operators.Close
Funds at closing. Ground-lease relationships continue without interruption.
What the written answer says.
- The verdict: go, watch, or pass.
- One line on why.
- What happens next, and when.
A written answer within 5 business days.
Questions tower owners ask before selling.
No. Single sites are a core part of what we buy. The same criteria and the same process apply whether you bring one tower or sixty.
Nothing changes on the landowner's side. The lease transfers whole, rent keeps arriving on schedule, and they deal with one person at Trinity River.
It depends on the site and the paperwork you already have. We share timing for each step on the first call and tell you where you are throughout.
No. Owners deal with us directly. If you have a broker, they are welcome; the broker section below lists what lets us move fastest and the terms we keep with brokers.
The location, the structure and height, who is on the tower, and whether the land is owned or leased. A rent roll and photos help but can wait. Everything is held in confidence.
Only if diligence finds something material that was not disclosed. Our LOI is set to the engineering, so a clean tower closes at the number on the letter.
Yes. An empty tower is priced on what it can carry and where it stands, not on today's rent. Send the facts and we will tell you where it fits.
It is a fact we price, not a reason to pass. A short tenor lowers the offer; an extension signed before the sale usually adds more than it costs, and we can talk to the landowner with you.
Tower cash flow and how durable it is: who is on the tower, how long the ground lease runs, what the structure can carry, whether the paperwork is clean, and where the tower stands. The valuation guide walks through each.
Send the address and what you know. The FCC's registration search finds the tower's record by its number or the owner's name, and our screen tells you what else matters.
It matters at closing, not at the screen. An ownership change the FCC never saw is common and fixable; we list it as a diligence item and help get the record current before we close.
One process, one closing, one price for the set. We underwrite each site on its own facts and the portfolio on the whole, and a complete rent roll is the one document that speeds everything.
For brokers
The package that gets an LOI fast.
Send what you have with the form, or email it to the land desk. A complete package lets us issue a letter of intent without a second round of questions.
- Registration
- The first complete submission of a site registers it to the broker who sent it, for 12 months.
- No circumvention
- While a site is registered to you, we deal with its owner through you. We do not go around you.
- Your fee
- Trinity River does not pay the seller's broker. Your fee is between you and the owner you represent.
- Rent roll with escalators and lease terms per tenant
- Ground lease with amendments and any option schedule
- Master lease agreements or tenant license references
- Structural analysis, if one exists, and tower drawings
- ASR registration and FAA determination for the as-built height
- Site photos and a location map
- Title or ownership summary and any known encumbrances
Submit a site
Ten minutes now. A written answer after.
Site location, structure and height, tenants, land status, and lease expiration. Attach a rent roll or photos if you have them. Everything you send is held in confidence.
Prefer to talk? 1-833-TOWER-ME (1-833-869-3763)
Prefer email? land@trinityriverassets.com