Covid pummeled shopping centers, but their parking lots are thriving
While many traditional streams of income for landlords have slowed or dried up due to the pandemic, one has...
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.
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Gap Inc. will close 350 stores and exit malls entirely
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Citi Field lease clause could stymie billionaire’s quest for the Mets
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Real estate for data centers is having a moment
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Manafort mortgage-fraud case dismissed, again
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Howard Hughes to launch review process for $1.4B Seaport tower
The Howard Hughes Corporation, which has long faced pushback over its development plans in the South Street Seaport, is...
NY falls behind Dallas, LA in CRE investment as deals surge nationwide
After the pandemic dramatically slowed commercial real estate deals across the U.S., the summer saw an uncharacteristically high uptick...
What tenants are paying at RXR and Walton Street Capital’s 237 Park Avenue
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