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

Burberry's Jonathan Akeroyd with 11 West 42nd Street (Getty, Google Maps, iStock)

Burberry sews up deal at Tishman Speyer building

Burberry is moving its New York City offices from Madison Avenue to a Tishman Speyer tower across from Bryant...

Burberry sews up deal at Tishman Speyer building
Harry and Linda Macklowe (Getty Images, Andy Warhol Foundation for the Visual Arts, Inc./Artists Rights Society (ARS), NY, Sotheby's, iStock)
National

Macklowe art collection fetches nearly $1B at auction

Monday brought another round of spoils from real estate’s biggest divorce. Sotheby’s auctioned its second set of art from...

Macklowe art collection fetches nearly $1B at auction
660 Fifth Avenue in Manhattan and Macquarie Group's Shemara Wikramanayake (Brookfield Properties, iStock, Macquarie Group, Illustration by Kevin Cifuentes for The Real Deal)

Brookfield signs first tenant at 660 Fifth Avenue

After emptying out 666 Fifth Avenue, Brookfield Asset Management is one tenant closer to filling up 660 Fifth Avenue,...

Brookfield signs first tenant at 660 Fifth Avenue
A photo illustration of self-storage units (iStock)
National

Self storage still rising after pandemic surge

Eased pandemic restrictions mean fewer people are stuck at home with their extra stuff, but the nationwide interest in...

Self storage still rising after pandemic surge
Prologis' Heather Belfor (Zoom Info, iStock) Logistics, Warehouses
National

Logistics inventory dips to historic low: Prologis

The booming industrial real estate sector could soon see the bottom fall out, an executive at Prologis predicted. Tenants...

Logistics inventory dips to historic low: Prologis

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