commercial real estate


Also found in: Acronyms.

Commercial Property

Real estate and improvements thereon that the local government has specifically designated for business use. Commercial property may be set aside for farming, industrial use, or professional offices. Municipalities usually group commercial property together to maintain orderliness in the city, and to prevent new developments from interfering with existing homes and businesses. For example, a city may set aside an area for commercial development so a business does not build a large factory next to personal homes. Commercial property usually has to comply with certain standards set by the municipality; for example, a building may be required to have a certain aesthetic. Commercial property may be taxed differently from other property. See also: Zoning.

commercial real estate

Typically refers to office or retail space, or multifamily residential properties such as apartments. May include industrial real estate, but sometimes the phrase is meant to exclude industrial properties and must be read in context.

References in periodicals archive ?
Bank market manager in New York City represents expansion of the Commercial Real Estate East Region and Corporate & Commercial Banking business in New York City.
In his new role, Wiegandt will lead the bank's strategies focused on Commercial Real Estate Banking opportunities and will be responsible for commercial real estate and multifamily banking and lending products.
Through the acquisition, CNL Commercial Real Estate will increase its service offerings, enhance its experience in office, retail and industrial leasing and management, as well as strengthen its footprint in Charlotte, the buyer stated.
Upon completion of the transaction, Wells Fargo will name Hypothekenbank Frankfurt industry veteran, Max Sinclair, as head of its London Commercial Real Estate office.
Jared Kushner, owner of The Observer Media Group and whose family is involved in New York commercial real estate, said in a statement: "We felt that the state of commercial real estate in this city is going through historic transitions, and we want to capture this.
This, too, can allow you to invest in commercial real estate. All of the existing rules for contributions and withdrawals apply to these accounts when they invest in commercial real estate.
capitalized on the robust commercial real estate market in 2002 to sell a number of its real estate holdings.
First, investors should understand that investing in commercial real estate is not like playing the stock market, where assets are more liquid (easily convertible to cash).
Wells Fargo also has a commercial real estate platform that provides a range of banking and financing solutions to owners, operators and developers, real estate investment funds and real estate investment trusts.
He has also worked with architects on zoning issues and has helped document and close numerous commercial real estate transactions.
Pickering in this role will identify commercial real estate mortgages including refinancing, acquisition, re-development and construction of different property types such as multi-family, retail, office, industrial and hotels in Connecticut and Westchester County in New York.
(REM; New York), a provider of commercial real estate news and information.

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