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: Scott Rechler and 5 Times Square; Marc Holliday, Steven Roth and 280 Park Avenue (Getty Images, Eden, Janine and Jim from New York City - via Wikimedia Commons)

Swell of maturing debt pressures office owners

Scott Rechler’s RXR went out in January looking for $1.5 billion to refinance its 5 Times Square office tower,...

Swell of maturing debt pressures office owners
Adam Neumann with 515 West Avenue (Wikipedia, Realtor, iStock)
Tri-State

No buzz, but Adam Neumann will take the $293M

Who needs sexy when profitable will do? Adam Neumann’s latest reinvention has the former WeWork whiz doing real estate...

No buzz, but Adam Neumann will take the $293M
RFR's Aby Rosen and 285 Madison Avenue (RFR, iStock)

RFR seeks extension on 285 Madison loan

A loan at a Midtown office building is headed to special servicing as Aby Rosen’s RFR Realty seeks an extension on its maturity date. The $235 million CMBS loan for 285 Madison Avenue was...

RFR seeks extension on 285 Madison loan

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