Strategic Wireless Acquires 11 Cell Towers to Expand Telecommunications Assets.
MANews-(C)2009-2022
US investment manager Strategic Wireless (SWI) Funds Tower Holdings, LLC has acquired 11 cell towers and an easement in various regions throughout the US to expand telecommunications assets, the company said.
Terms of the transaction were not disclosed.
The towers, the easement and other related assets are geographically diverse and are located along North Carolina's Crystal Coast, throughout lakeside vacation areas in Michigan, as well as in Indiana, Oklahoma, Alaska, New Jersey and a densely populated area just outside of downtown New Orleans.
Management believes the continued acquisition of existing cell towers and easements in diverse locations, as well as its ability to create effective partnerships with credit-worthy tenants, has helped to create a robust portfolio of essential telecommunications assets.
Tenants on the towers consist of a range of top-tier...
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