RecNation Storage, owner, operator and developer of specialized RV and marine storage facilities, has launched a partnership with TowerCo, in which TowerCo will build and manage wireless towers across RecNation’s portfolio of 57 properties across the country.
“The partnership with TowerCo is a creative and complementary way to further diversify and enhance the income streams generated by each of our properties,” said Gary “Wojo” Wojtaszek, chief camper and founder of RecNation.
The advent of the new 5G and Small Cell technologies are requiring more and more transmission points to broadcast all the data required by the new data intensive services that are being brought to market, the company said, particularly with the explosion in data being created by artificial intelligence (AI).
RecNation’s properties are ideal for this type of wireless tower project, as they tend to be in areas that would be receptive to this type of development, the company said.
“I spent a good portion of my career in digital infrastructure having previously managed and sold a substantial wireless tower portfolio. We look forward to jointly working alongside Todd and the TowerCo team as we expand our footprint to 350 locations across the country,” Wojtaszek said.
Todd Boyer, CEO of TowerCo, said, “We are equally excited to partner with RecNation to develop wireless infrastructure across the country. We are one of the largest developers for wireless communication towers in the country and have extensive relationships with every wireless operator in the country.”
The wireless tower initiative is another complementary way to increase the profitability of each property in addition to the RecResale, RecRental and RecExec businesses it launched last year, as well as the partnership it entered into with Camping World and Good Sam earlier this year.