Arizona Telecommunications & Information Council (ATIC) Multitenant Building Telecommunications Access Study PREVIOUS CONTENTS APPENDIX 4
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Grubb & Ellis Company - Commercial Real Estate ViewsAppendix 4: Submitted Position Statements
Insignia/ESG Inc.
Commercial Real Estate Views
The issue of telecommunications access has recently become very high profile and important to our clients, both building owners and tenants. Clients find themselves in a wide variety of situations related to telecommunications access. We are aware building owners who have negotiated lucrative revenue sharing and stock participation agreements for telecommunications access to their properties, and other owners who are in serious disputes, sometimes legal, with tenants and telecommunications providers for access to their properties. We feel strongly that regulation of telecommunications access will ultimately hurt all involved parties. Free market competition will result in equitable agreements for telecommunications access between all parties; there certainly is no shortage of competition currently in the market. It would seem counterproductive to reverse a long trend towards deregulation, when consumers, businesses, and providers are benefiting. We feel that the current discrepancies and confusion in the marketplace is temporary, and will resolve itself as owners, tenants, and telecommunications providers become more educated about the issues effecting their interests.
In addition, we feel there is a strong need for physical maps showing the location of telecommunication networks. As we experience a rapid shift from an industrial-based economy to an information-based economy, the location of these networks will become increasingly important to real estate owners, developers, and tenants. Real estate has always been heavily dependent on access to facilities that were critical to the real estate users. This could have been rail service early in the century, freeway transportation and airports late in the century, or telecommunications access today. Publication of these network maps will assist real estate owners, developers, and tenants in making location decisions that will positively impact communities where they are located.
Submitted by,
Steven K. Lindley, Director,
Insignia/ESG Inc., Phoenix, AZ
(602) 912-1769, E-mail: stelin@iesg.comNote: Insignia/ESG Inc. (http://www.iesg.com/) is the largest commercial management firm in the state and one of the largest worldwide
Multitenant Building Telecommunications Access Study PREVIOUS CONTENTS APPENDIX 4
returnNEXT Submitted Position Statements:
Grubb & Ellis Company - Commercial Real Estate Views