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

From left: Ilya Zavolunov, restaurateur, ZAVŌ, and Zachary Bornstein, president, Olshan Properties (Olshan Properties, ZAVŌ)

City law protecting commercial tenants upheld on appeal

In a win for commercial tenants, an appeals court upheld the city’s key pandemic-era protection that landlords had challenged...

City law protecting commercial tenants upheld on appeal
Newest unicorn is property-services startup Lessen
National

Newest unicorn is property-services startup Lessen

A historic year for proptech fundraising has produced another unicorn. Lessen, a real estate management platform that connects property...

Newest unicorn is property-services startup Lessen
277 Fifth Avenue and Shokai Group's Shawn Xianyang Zhang (277 Fifth Avenue/Rafael Viñoly, Shokai Group)

Shokai Group picks up unsold NoMad condos for $81M

Lendlease and Victor Group have resorted to a bulk buyer to unload condo units at 277 Fifth Avenue, selling...

Shokai Group picks up unsold NoMad condos for $81M
Skylight Real Estate Partners founding partner Bennat Berger and 340 Old River Road in Edgewater (Google Maps, LinkedIn)
Tri-State

New firm pays $50M for Edgewater multifamily

A new player has entered the real estate market with its first purchase of a multifamily asset in Edgewater,...

New firm pays $50M for Edgewater multifamily

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...