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

Blackstone's Ken Caplan (iStock; Blackstone)
National

Industrial now 36% of Blackstone’s RE portfolio

In the past five years, Blackstone has pivoted its portfolio away from retail and hotels and instead turned toward...

Industrial now 36% of Blackstone’s RE portfolio
Almanac Realty Investors managing director Matthew Kaplan (Almanac Realty; iStock)
National

Workforce housing investor gets $320M boost

A private equity firm that backs workforce housing is getting a financial boost. Almanac Realty Investors, an affiliate of Neuberger Berman, is investing $320 million in Asia Capital Real Estate. The investment will target...

Workforce housing investor gets $320M boost
Corcoran to sublet 50K sf in IBM Building

Corcoran to sublet 50K sf in IBM Building

The Corcoran Group is betting on New York City’s office market. The brokerage is moving to the IBM Building at 590 Madison Avenue, where it is subleasing the seventh and eighth floors from Aspen...

Corcoran to sublet 50K sf in IBM Building
 Robert Morse, executive chairman of Bridge Investment Group, one of the major Opportunity Zone investors focusing on real estate.  (Bridge, Stanford)
National

Opportunity Zone investments got a boost in 2020

 It was a good year for Opportunity Zones. More than $12 billion was invested in Opportunity Funds by the...

Opportunity Zone investments got a boost in 2020
Before the pandemic, national tenants paid 94 percent of rent. (Getty)
National

Retail rent collections rebound to 90%

 The pandemic has exacerbated the retail sector’s pre-existing problems, deteriorating rent collections and forcing landlords to make compromises with their tenants. But there were some encouraging signs as 2020 came to a close. Before...

Retail rent collections rebound to 90%
Cindat Capital Management CEO Greg Peng and Hersha Hospitality Trust CEO Jay Shah with 51 Nassau Street (Google Maps)

7 Manhattan hotels head to auction block

Seven Manhattan hotels are hitting the auction block. The portfolio, owned by a joint venture between Hersha Hospitality Trust and Chinese investment firm Cindat Capital Management, is scheduled to be auctioned on Jan. 21...

7 Manhattan hotels head to auction block

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