National Weekend Edition
Starwood snaps up Florida affordable housing portfolio
Barry Sternlicht’s latest affordable housing play in Florida stretches beyond Lake Worth. Starwood Capital Group spent $91.8 million for...
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 Weekend Edition
New Orleans Four Seasons lands $315M loan from Madison Realty Capital
Developers of a Four Seasons property in the Big Easy are trumpeting the arrival of a massive loan from...
HUBB NYC continues 421a spending spree, buying Park Slope building
One of New York City’s biggest buyers of 421a-eligible properties has added another to its portfolio. HUBB NYC acquired...
Short-term rental company taking over Midtown hotel
A short-term rental company is zeroing in on New York City’s hotel market, signing two leases in the span...
Yotpo inks 30K sf sublease at Stellar’s One Soho Square
An e-commerce marketing platform is moving its U.S. headquarters from 400 Lafayette Street in NoHo to Stellar Management’s One...
Croman sues White Horse Tavern owner for $650K back rent
Landlord Steve Croman, typically on the receiving end of lawsuits, stepped into the plaintiff’s position this week, suing the...
Blackstone’s 8 Spruce sues tenant over alleged pop-up restaurant
No amount of crabs with salmon roe will save a pop-up dinner business owner from eviction, so long as...
LIC tenant claims Tishman Speyer violated rent stabilization
A tenant at a Tishman Speyer development in Long Island City is suing the developer, claiming it violated rent...
HFZ investor wants Nir Meir held in contempt
Nir Meir has faced his fair share of wild accusations. Since the implosion of his former firm, HFZ Capital,...
Tri-State
Private equity firm buys South Plainfield warehouses for $37M
Another out-of-state investor is building up its share of North Jersey’s hot industrial market. Boston-based private equity firm Marcus...