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

Southampton Town supervisor Jay Schneiderman (jayschneiderman.com, Google Maps)
Tri-State

Southampton Town considers buying 40 acres

Revitalization of a hamlet can be grimy business, as evidenced by Riverside’s need for a sewer district to stir redevelopment. Southampton Town is looking at buying approximately 40 acres across three parcels at 448...

Southampton Town considers buying 40 acres
Alan Feldman, chief executive officer, president & chairman of the board, Resource REIT; Stephen Schwarzman, chairman, ceo & co-founder, Blackstone (Resource REIT, Getty Images, 1000 Spalding Apartment Homes)
National

Blackstone to pay $3.7B for REIT in latest rental push

The Blackstone Group notched another deal this week in its continued push into the rental market. Philadelphia-based Resource REIT...

Blackstone to pay $3.7B for REIT in latest rental push
360 Kingsland Avenue in Greenpoint, Brooklyn (Google)
National Weekend Edition

Sitex Group pays $30M for Greenpoint industrial property

Sitex Group snapped up 98,000 additional square feet of industrial property in Brooklyn earlier this month for $30 million....

Sitex Group pays $30M for Greenpoint industrial property
(Getty)
National Weekend Edition

Intel investment in new Ohio chip plant could reach $100B

It’ll be a macro microchip plant. Semiconductor maker Intel announced this week that it could invest up to $100...

Intel investment in new Ohio chip plant could reach $100B
Vicky Ward (CNN)
National Weekend Edition

Vicky Ward breaks down New York State’s Trump investigation

If you don’t have time to read through state Attorney General Letitia James’ recent filing to the Supreme Court...

Vicky Ward breaks down New York State’s Trump investigation
(iStock/Illustration by Kevin Rebong for The Real Deal)

NYC investment sales hit multi-year peak to end 2021

Mirroring a late-year surge observed in Manhattan, New York City’s investment sales market ended the year with a flurry...

NYC investment sales hit multi-year peak to end 2021

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