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Since the late 1990s, the principals of the Telecommunications Services Group have specialized in the valuation of telecommunications assets. Whether it’s a multi-tenant mountaintop facility, a single-tenant freeway- oriented site, a microcell, or an area-wide network, we have the expertise to handle any assignment throughout the United States. Extensive Experience With Leases Of Telecommunications Assets, Including: TV/Radio Broadcast Wireless/PCS, Private Mobile Radio Emergency Mobile Radio Repeaters, Reflectors, Translators Paging/Broadband Facility/Tower Managers Specializing In: • Microcells • Building-Mounted • Monopoles • Faux Palms • Faux Cactus • Mountaintop Towers Telecommunications Services Group Colliers International Valuation & Advisory Services Colliers Advantage: • On-Time Delivery • Unmatched Quality • Local Market Expertise • Internal MAI Review

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Since the late 1990s, the principals of the Telecommunications Services Group have specialized in the valuation of telecommunications assets. Whether it’s a multi-tenant mountaintop facility, a single-tenant freeway-oriented site, a microcell, or an area-wide network, we have the expertise to handle any assignment throughout the United States.Extensive Experience With Leases Of Telecommunications Assets, Including:

• TV/Radio Broadcast• Wireless/PCS, • Private Mobile Radio• Emergency Mobile Radio• Repeaters, Reflectors, Translators• Paging/Broadband• Facility/Tower Managers

Specializing In:• Microcells• Building-Mounted • Monopoles• Faux Palms• Faux Cactus• Mountaintop Towers

Telecommunications Services GroupColliers International Valuation & Advisory Services

Colliers Advantage:• On-Time Delivery• Unmatched Quality• Local Market Expertise• Internal MAI Review

www.Colliers.com/ValuationAdvisory Accelerating success.www.Colliers.com/ValuationAdvisory Accelerating success.

TELECOM SERVICES GROUP COLLIERS INTERNATIONAL VALUATION & ADVISORY SERVICES

Partial Client List• Private-property owners• Private tower operators• Attorneys• CPAs• Homeowner’s associations• High-riseoffice-buildingowners• Property-managementfirms• Various municipalities• Department of the Navy• National Park Service• Bureau of Land Management• States of California, Arizona, New Mexico, and Idaho• Crown Castle

Types of Services We Provide• Market-rent surveys• Valuation of underlying land and improvements• Depreciated-cost analyses• Proximity Value Surveys• Competitive market analyses• Analyses of predetermined-rent schedules• Lease consulting• Seminars and presentations on telecommunications valuation• Numerous published articles on telecommunications valuation

Updated April 2015

Tom Heath, MAI, SRA Valuation Services Director 9820 Willow Creek Rd., Ste 300 San Diego, CA 92131 +1 619 814 4745 Phone [email protected]

Sean Heath Senior Valuation Specialist 9820 Willow Creek Rd., Ste 300 San Diego, CA 92131 +1 619 814 4746 Phone [email protected]

Telecom Services Group

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2011. All rights reserved.