Bad Small Business Commercial Lease Review

Craig Melby – Bad Small Business Commercial Lease Review

Episode Description:

Bad small business commercial lease review episode with late Craig Melby and Henry Lopez. Craig reviews a real example of one of Henry’s failed business locations, and what may have been negotiated more favorably in the commercial lease for the business shopping center space.

 About Craig Melby:

Craig Melby

It is with great sadness that we share the news of of Craig Melby’s passing on April 30, 2019. Craig was a man of great integrity, and a wonderful business associate, and he will be missed by many. You can find his obituary here

Craig was an entrepreneur and negotiated commercial real estate leases and purchases since 1980 until just before his death in 2019. He founded LeaseSmart after hearing from too many non-clients who contacted him after they negotiated their deal-terms, then asked him to look over the lease before signing it. Always, things could have been done much better. Many times important things. So finally, after experiencing the same need again and again, he formed LeaseSmart to assist those small business people in need. He was also the host of the LeaseSmart Commercial Real Estate Podcast and the author of “Site Rite: Practical ways to boost profits with the right site and best terms!

Craig held real estate licenses in Florida, North Carolina and South Carolina. He was a Certified Commercial Investment Member (CCIM), and a former member of the Society of Office and Industrial Realtors (SIOR). Craig’s specialties included Site Selection, Lease Negotiations and Facility Acquisitions.

Show Notes:

  • Craig chats with Henry to review the lease and site location mistakes Henry made with a failed business location. Craig shares valuable tips on what to look for in a site, and what can possibly be negotiated into a commercial lease for a small business.
  • NOTE: Craig Melby and Henry Lopez are not attorneys, and we strongly suggest you consult with an attorney before signing any lease agreement.

 Resources:

Books mentioned in this episode:
[We receive commissions for purchases made through these links (more info)].
Site Rite

Related Episodes:

Episode 043: Craig Melby – Commercial Leasing

 

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