commercialrealestate

4 minutes read
Commercial real estate refers to properties that are primarily used for business purposes rather than residential purposes. It encompasses a wide range of property types, including office buildings, retail spaces, industrial warehouses, hotels, and land designated for commercial development. One key characteristic of commercial real estate is that it generates income for the owner through rent or lease payments from tenants. These properties are typically owned and managed by businesses or individual investors looking to earn a return on their investment.