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Author Topic: AM Radio Transmitter Sites Now Valuable Real Estate for Logistics Industry  (Read 675 times)

Offline ChrisSmolinski

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The familiar real estate adage “location, location, location” rings true these days for huge tracts on the outskirts of major cities — sites that for decades housed AM radio towers but that today command top dollar as e-commerce fuels rising demand for new warehouses and logistics centers.

Look no further than the $51 million sale of a five-acre parcel in Queens, N.Y., where an AM radio station will eventually abandon its existing tower and transmitter site, and move it.

New York radio station WFME’s owner, Nashville, Tenn.-based Family Radio, sold its AM transmitter site to Prologis, a San Francisco developer that specializes in building warehouses for companies looking to expand final-mile capability.

“It used to be if you were in your car, you listened to AM radio because that’s all there was,” said Landesberg, a former network radio bureau chief in Los Angeles and London with Mutual/NBC Radio. “A lot of AM broadcasters are giving up their licenses. It’s because the licenses aren’t worth much, but the land is valuable. If you’re a small, 5,000-watt station that served a community, those days are gone.”

Landesberg noted that value is harmed by AM radio’s audio quality, which is far weaker than that of FM stations and digital services such as streaming audio, satellite radio and internet stations.

FCC data shows that since 2000 nearly 400 AM stations have ceased operations. The trend has accelerated during the COVID-19 pandemic — nearly 80 stations have gone silent this year.

Full article:
https://www.ttnews.com/articles/am-radio-transmitter-sites-now-valuable-real-estate-logistics-industry
Chris Smolinski
Westminster, MD
eQSLs appreciated! csmolinski@blackcatsystems.com
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Offline sat_dxer

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dubious

Are "ceased operations" and "gone silent" really the same?

New owners, new call letters, new format, than back on the air, same old same old 
« Last Edit: December 24, 2020, 2003 UTC by sat_dxer »
Most times & frequencies posted are only an approximation.

Offline ThaDood

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I was told that Central Transport did that in Detroit, albeit I wasn't told what station lot was bought for warehousing.
I was asked, yet another weird question, of how I would like to be buried, when I finally bite the big one. The answer was actually pretty easy. Face-down, like a certain historical figure in the late 1980's, (I will not mention who, but some of you will get it, and that's enough.) Why??? It would be a burial that will satisfy everyone: (1) My enemies will say that it will show me where to go. (2) On the same point, I can have my enemies kiss my butt. (3) It will temporarily give someone a place to park a bicycle. See??? A WIN / WIN for everyone.