Commercial Real Estate

Commercial Real Estate

Commercial real estate is any property used for a profit-making, non-residential purpose.

Commercial Real Estate Q&A

What qualifies as commercial real estate?
Any for-profit, non-residential property can be considered commercial real estate. In some states, residential property with more than a certain number of units may also be considered commercial property for borrowing and tax purposes.
What is the commercial real estate industry?
The commercial real estate industry encompasses the buying, selling, leasing, financing, development and construction of commercial spaces. The top ten property owners in New York City alone hold over 546 million square feet of property and operate with an aggregate sum of $8.1 billion, according to TRD's 2019 Data Book.
Who buys and sells commercial real estate?
TRD calculates the top NYC commercial brokerages by sales annually. While individuals, groups, and small companies can buy and sell commercial real estate, brokerage firms account for many of the deals happening within the commercial real estate industry. According to TRD's ranking, 2018's top brokerages by dollar-volume sales were Cushman & Wakefield, CBRE, Eastdil Secured, HFF, and Rosewood Realty Group.
Want to know more about commercial real estate?
Check out our Top Stories below for TRD's most up-to-date coverage of commercial real estate.

The Latest

Real estate powers Blackstone’s best quarter ever
National

Real estate powers Blackstone’s best quarter ever

Blackstone reported a blockbuster third-quarter this week — the best in its 36-year history. Earnings more than doubled year-over-year...

Real estate powers Blackstone’s best quarter ever
Terreno Realty CEO W. Blake Baird and an aerial of the property (Google Maps)
Tri-State

Terreno Realty pays $44M for NJ industrial site

Terreno Realty Corp. paid $44 million for an industrial building in Elizabeth, New Jersey, in the latest move notched...

Terreno Realty pays $44M for NJ industrial site
Madison Realty Capital Co-Founders Josh Zegen and Brian Shatz with a rendering of the River North development (Madison Realty Capital, FXCollaborative)

Madison Realty’s altered plans for SI complex approved

Madison Realty Capital’s project on the St. George waterfront in Staten Island is floating towards fruition. The City Council’s...

Madison Realty’s altered plans for SI complex approved
Pandemic forces mom-and-pop landlord to sell out
Tri-State

Pandemic forces mom-and-pop landlord to sell out

Many multifamily landlords pursue a “buy and hold forever” strategy. But the pandemic has made that untenable for many...

Pandemic forces mom-and-pop landlord to sell out
SL Green CEO Marc Holliday, Chelsea Piers Fitness CEO David Tewksbury and One Madison Avenue (Getty, SL Green)

Chelsea Piers is coming to SL Green’s One Madison

SL Green has locked in its first tenant at One Madison Avenue, marking the next stage of the company’s...

Chelsea Piers is coming to SL Green’s One Madison

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