Strategic Wireless Infrastructure Fund Advisors, the wireless infrastructure division of Strategic Capital Fund Management, has completed the acquisition of two cell towers, and other related assets, located south of Indianapolis, Ind.
The towers are less than five years old and are located along the newly constructed interstate I-69 that connects Indianapolis to Evansville. Multiple top-tier wireless carriers serve as anchor tenants and make up 100 percent of the rental revenue.
“We believe this acquisition was an excellent opportunity to acquire relatively new towers in a strategic location, with strong existing tenants, while still having capacity to lease additional space to new tenants,” stated Todd Rowley, CEO of Strategic Wireless. “We’re excited to add these assets to our growing portfolio of wireless infrastructure assets.”