CONCORD, MA, August 31, 2009 /24-7PressRelease/ -- Are you being paid the full fair market lease or rental value of your prime property for the use and occupancy of a billboard or an outdoor advertising structure?
Are you sure?
Many times even the most experienced real estate owner, manager or investor fails to obtain the best deal possible because they have been either blind-sided or mis-informed.
It's not their fault since only a tiny number of firms ever seek such unique space as rooftops, building walls and small land parcels next to major highways.
This, unfortunately occurs everywhere, in every major city in the US and world wide!
As a long time, 15 year outdoor billboard insider Bill McInerney knows what the big and small outdoor firms don't want real estate owners to know.
Today an estimated 600 outdoor billboard firms own, lease, lease or otherwise control the entire US inventory of 450,000 billboards along the nations 4 million miles of highway and along its city streets. It's big business with almost $7 billion in annual sales.
"Face it," says McInerney, "most billboard firms of all sizes, in my opinion, grossly UNDER PAY
property owners for prime and high traffic locations? Why? Because they can!"
In the real estate universe of the billboard outdoor advertising industry it's the tenants who control and guard the critical market information. None of it is public information.
Most professionals, lawyers, CPA's, MBA's don't have a clue of the billboard business operates. It's a subject that isn't taught in any university or school in the world.
The outdoor advertising business and industry has been long know as a closed industry, has always been highly insular, non transparent and highly secretive.
Bill McInerney announces a consulting service exclusively for owners of real estate who lease or rent their property to outdoor-billboard advertising firms.
He may be reached at (617) 816-3933 or by e mail at [email protected]
Don't be underpaid for your prime and high traffic real estate location!
Obtain higher return on your property from billboard firms.
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