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

SL Green's Harrison Sitomer and 450 Park Avenue (SL Green, Taconic Partners)

SL Green closes on Park Avenue office tower

Manhattan’s largest office landlord has closed the deal on a major Park Avenue purchase. SL Green Realty closed on its $445 million buy of 450 Park Avenue, the company announced Wednesday. The Real Deal...

SL Green closes on Park Avenue office tower
Marble Collegiate Church, HFZ's Ziel Feldman and Vanbarton’s Gary Tischler (Getty, iStock)

Church seeks to escape hellish partnership with HFZ

Marble Collegiate Church thrived for nearly 400 years. Then it made a deal with HFZ Capital Group. The church...

Church seeks to escape hellish partnership with HFZ
Jim Chanos, president and founder of Chanos & Company LP (Getty Images, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
National

Jim Chanos’ next Big Short: data centers

Data centers may be quaking in their 0s and 1s after a major hedge fund manager revealed his big...

Jim Chanos’ next Big Short: data centers
From left: Lawrence Friedland and Stanley Zabar in front of 2231 Broadway (Getty Images, Friedland Properties, iStock)

Friedland sues Zabar family in UWS dispute

The owners of the famed Zabar’s gourmet food store have left a sour taste with one developer, who is suing the family over an Upper West Side property. Friedland Properties filed a lawsuit against...

Friedland sues Zabar family in UWS dispute
Allure’s Joel Landau and 9036 7th Avenue in Brooklyn (Allure, Google Maps)

Abe Leser’s ailing hospital deal revived for $160M

A moribund nine-figure deal for a Brooklyn medical facility has been resuscitated. Nursing home operator Allure Group bought the...

Abe Leser’s ailing hospital deal revived for $160M
Skylight Real Estate's Bennat Berger with 300 Grand Street (Skylight Real Estate, Street Easy, iStock)
Tri-State

Scarcity play: Hoboken apartments fetch $56M

It’s all about scarcity. A joint venture purchased a 99-unit multifamily complex in a tight New Jersey rental market...

Scarcity play: Hoboken apartments fetch $56M

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