Strategic Wireless Infrastructure Funds Management has acquired two separate portfolios of cell towers and related assets, through its affiliate, SWI Funds Tower Holdings.
The total of 19 acquired cell towers are located throughout Alabama, Florida and Georgia and are strategically situated close to interstates, highways, major thoroughfares and/or densely populated metropolitan areas.
Most of the towers are relatively newer in construction and serve top-tier wireless carriers, as well as two utility companies, who serve as tenants.
“We continue to execute on our vision of investing in, and aggregating, essential telecommunications infrastructure assets with high credit-quality tenants,” said Jerry Sullivan, CEO of Strategic Wireless. “We are excited to continue expanding our portfolio with these latest acquisitions.”
This follows an earlier transaction in May, where