Strategic Wireless Infrastructure Funds Management, through its affiliate SWI Funds Tower Holdings, has completed the acquisition of two separate portfolios consisting of cell towers, real estate and other related assets located in Louisiana and Wisconsin. The financial terms and the sellers were not disclosed.
Most recently, the company acquired a tower portfolio located in several desirable recreational locations throughout Wisconsin. The Wisconsin acquisition comes on the heels of the acquisition of a tower portfolio located in the greater New Orleans metropolitan area that was acquired in early October.
Jerry Sullivan, CEO of Strategic Wireless, stated, “These acquisitions help to further diversify our expanding collection of high-quality, essential telecommunications infrastructure assets in new operating territories.”
The majority of rental revenues are derived from both national and regional wireless carriers, namely AT&T, Verizon, T-Mobile and U.