What Is Commercial Real Estate (CRE)?
Commercial real estate (CRE) is property that is used exclusively for business-related purposes or to provide a workspace rather than as a living space, which would instead constitute residential real estate. Most often, commercial real estate is leased to tenants to conduct income-generating activities. This broad category of real estate can include everything from from a single storefront to a huge shopping center.
Commercial real estate includes several categories, such as retailers of all kinds, office space, hotels & resorts, strip malls, restaurants, and healthcare facilities.
- Commercial real estate refers to properties used specifically for business or income-generating purposes.
- The four main classes of commercial real estate include: office space; industrial; multi-family rentals; and retail.
- Commercial real estate provides rental income as well as the potential some capital appreciation for investors.
- Investing in commercial real estate usually requires more sophistication and larger