ABILENE, Texas-Titan Towers L.P. completed a communications facilities agreements with Equilon Enterprises L.L.C. and Motiva Enterprises L.L.C. granting Titan exclusive rights to construct communications towers, facilities and equipment on 111 properties owned by Equilon and Motiva in 34 states.
The agreement provides Titan a 24-month exclusivity period in which to exercise its option to construct communications towers on Equilon and Motiva properties. Titan anticipates it will identify those properties with the best potential and commence construction within the next 12 months.
“Because these properties are already zoned for heavy industrial use, we will have a head start on the typical zoning issues facing major tower construction projects,” said Warren Harkins, president of Titan. “The majority of these sites have excellent potential for wireless companies, specifically wireless Internet, data and [personal communications services] providers.”
