Strategic Wireless Expands Portfolio with Purchase of Multiple Cell Towers and Easements

The wireless infrastructure division of Strategic Capital Fund Management, has purchased multiple cell towers and easements.

Strategic Wireless Infrastructure Funds Management, a private placement sponsor and the wireless infrastructure division of Strategic Capital Fund Management, has purchased multiple cell towers located in Alabama, Missouri, and Wyoming.

In addition, the company purchased a long-term easement in central California that provides rights to rental income from “one of the major national wireless carriers” leasing space on a cell tower. Lastly, the company acquired a perpetual ground easement in Southern California.

The company said that the new acquisitions are “geographically diverse” and include “steady income” from anchor tenants that are comprised of “top-tier wireless carriers as well as a multi-billion-dollar international energy company.”

According to management, “each of the towers are ideally located close to interstates, major highways, and/or densely populated areas and are well-positioned for revenue growth.”

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.

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