CROWN CASTLE INC. acquired Wireless Capital Partners ground lease related assets for $180 million, a transaction announced in January 2012, structured as Asset purchase of a ground lease related asset portfolio from Wireless Capital Partners, LLC..
Wireless Capital Partners ground lease related assets operates in Towers / Site Management, is based in United States. Crown Castle entered into a definitive agreement to acquire from Wireless Capital Partners, LLC ("WCP") a portfolio of ground lease related assets for approximately $180 million in cash plus additional consideration. The transaction gave Crown Castle control of ground lease interests underlying wireless communications sites.
Acquired ground lease interests underlying wireless sites, strengthening Crown Castle's control over the land beneath its infrastructure.
Advisory firms were not disclosed for this transaction.