Monday, July 18, 2011

Milestone Presents Check to James Madison High School

RESTON, VA- Milestone presented a $25,000 check to James Madison High School last weekend. The check was presented to the school’s Director of Student Activities, John Lingenfelter.

The new tower will replace an existing light pole on the School’s football stadium. The structure will be the 27th wireless facility to be built on a Fairfax County Public School.

The wireless infrastructure program has generated more than $5 million in revenue for the school system in the past ten years and currently generates $1 million a year in re-occurring income.

Milestone Completes Thoreau Middle School Treepole Construction

RESTON, VA- Milestone recently completed the construction of a 125’ wireless treepole at Thoreau Middle School in Fairfax. The facility was designed to blend in with the existing school campus. Landscaping has been planted around the facility’s equipment compound to further mitigate visual impact.

Thursday, July 14, 2011

Milestone Doubles Land Bank

RESTON, VA- Milestone continues to expand its footprint in the Washington Metropolitan region. The company recently doubled its land bank portfolio, bringing the number of prospective cell phone towers to over 600. Milestone entered a master lease agreement with Maryland's Prince George's County Public Schools this winter, adding 75 new potential tower locations. Additionally, Milestone has been diversifying its portfolio and recently signed marketing agreements with several private landowners, including JBG Rosenfeld Retail and Combined Properties.

Milestone Equity Fund Raises $10 Million

RESTON, VA - Milestone has recently raised $10 million from more than 50 investors in its third equity fund named Milestone Towers LPIII. Milestone develops wireless communication towers in the Metro Washington Area and has raised over $20 Million in equity capital since 2000.