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

Cherre CEO L.D. Salmanson (Cherre/Facebook)
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...

Real estate data firm Cherre raises $50M
58 percent of respondents said their employees would be in the office at least three days a week (iStock)
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...

Tech workers plan to head back to offices by Q3
Jokr founder Ralf Wenzel. (Getty)

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 —...

Delivery startup Jokr plans huge NYC expansion
The Birch Group CEO Mark Meisner and Mack-Cali CEO Mahbod Nia with (clockwise from top left: 101, 103, 150 and 51 John F. Kennedy Parkway, Short Hills (Mack-Cali, Linkedin)
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...

Mack-Cali sells Short Hills, NJ office portfolio for $255M
(Getty, iStock)

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...

Capacity restrictions in NY to ease as soon as next week
WeWork CEO Sandeep Mathrani. (Getty, WeWork)
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...

WeWork will accept Bitcoin for membership fees
As office market laguishes, single-tenant buildings pose risk to landlords (iStock)
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...

Single-tenant office buildings face higher risk of default

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