Home News Strategic Wireless Buys Multiple Cell Towers Throughout U.S.

Strategic Wireless Buys Multiple Cell Towers Throughout U.S.

Strategic Wireless Infrastructure Funds Management, a private placement sponsor and the wireless infrastructure division of Strategic Capital Fund Management, has purchased 11 cell towers and an easement in various regions throughout the U.S.

Strategic Wireless Infrastructure Funds Management, a private placement sponsor and the wireless infrastructure division of Strategic Capital Fund Management, has purchased 11 cell towers and an easement in various regions throughout the U.S.

The company said that the towers, the easement, and other related assets 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” 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,” the company said in a statement.

Tenants on the towers consist of a variety of top-tier wireless carriers, as well as various broadcasters and public service networks.

In related news, Strategic Wireless recently purchased two cell towers located south of Indianapolis, Indiana, as reported by The DI Wire.

Strategic Wireless focuses on acquiring, developing and managing telecom infrastructure assets that support broadband connectivity, and establishes partnerships with wireless carriers and independent operators and developers throughout the U.S.

The company sponsors Strategic Wireless Infrastructure Fund LLC, which according to a filing with the Securities and Exchange Commission, is a Regulation D fund structured as a 506(b) that seeks to raise up to $100 million.

For more Strategic Wireless/Strategic Capital Fund Management news, visit their directory page.