National
Kushner Companies sells two Maryland apartment complexes for $240M
Kushner Companies has found a buyer for more of its Maryland multifamily portfolio. The real estate firm sold two...
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
National
Real estate data firm Cherre raises $50M
Third time’s a charm for Cherre, a real estate data platform. The startup announced that it’s raised $50 million in a new funding round, according to Business Insider. The round was led by Trustbridge...
Vornado, Empire State Realty Trust pledge total carbon neutrality by 2035
Empire State Realty Trust and Vornado Realty Trust have committed to reaching carbon neutrality across their entire New York...
National
Tech workers plan to head back to offices by Q3
By September, a slew of workers may be finally returning to their offices. That’s according to a new report...
Delivery startup Jokr plans huge NYC expansion
A new delivery startup believes it can rival Amazon or Instacart when it comes to cheap, fast delivery —...
Issue
Titans of the towers: TRD’s annual ranking of NYC’s top investment sales firms
The biggest investment sales deal of the year didn’t even involve brokerages. In March, Amazon bought the landmarked Lord...
Tri-State
Mack-Cali sells Short Hills, NJ office portfolio for $255M
Mack-Cali Realty’s selling spree continues: The REIT sold its Short Hills, New Jersey office portfolio to the Birch Group...
Capacity restrictions in NY to ease as soon as next week
New York’s gradual reopening continues: Capacity restrictions will be lifted on a number of arts and entertainment venues beginning...
National
WeWork will accept Bitcoin for membership fees
WeWork will begin to accept cryptocurrency, including Bitcoin and Ethereum, as a form of payment for its workspaces. The...
National
Single-tenant office buildings face higher risk of default
At one point, leasing an office building to a single tenant rather than collecting from multiple smaller businesses seemed...