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

Multifamily sector beating the odds
National Issue

Multifamily sector beating the odds

While hotels, retail and offices sink, the multifamily sector is sailing along. Rent collection has been largely steady despite high unemployment and early threats of rent strikes. Occupancy, too, has suffered less than expected...

Multifamily sector beating the odds
The home improvement retailer will stay in it's Flatiron location (Google Maps)

Home Depot extends lease for Flatiron store

Home Depot has extended its lease in the Flatiron District in one of the biggest deals inked since the pandemic began. Under the new lease, the home improvement retailer will continue to occupy 28-40...

Home Depot extends lease for Flatiron store
Hewlett Packard Enterprise Co. CEO Antonio Neri (Unsplash; Hewlett Packard Enterprise)
National

Hewlett Packard Enterprise leaves Silicon Valley for Texas

Hewlett Packard Enterprise Co. is moving its headquarters out of high-priced Silicon Valley to the Houston area. The company...

Hewlett Packard Enterprise leaves Silicon Valley for Texas
Convention centers are a losing proposition for private developers, but local governments see them as a way to attract business tourism. (iStock)
National

Convention centers boom despite shows going virtual

Why, in the midst of a pandemic, would a 25-member board in Indianapolis vote unanimously to expand a convention...

Convention centers boom despite shows going virtual
Charlie Kushner and Laurent Morali with Commons at White Marsh Apartments in Maryland (Photos via Sasha Maslov and CommonsatWhiteMarsh)
National

Kushner looks to unload multifamily properties for $800M

Kushner Companies just put 10 Baltimore multifamily properties on the market, a portfolio that the firm’s president believes could...

Kushner looks to unload multifamily properties for $800M
B6's Paul Massey and Tom Gammino (Photos via B6; Jll)

Tom Gammino joins Paul Massey’s B6

Investment sales veteran Tom Gammino is reuniting with Paul Massey at his B6 Real Estate Advisors brokerage. Gammino, who was let go from JLL in October during a round of layoffs, will head up...

Tom Gammino joins Paul Massey’s B6

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