What Building Types Fall Under 'Commercial Real Estate?'

These house businesses and organisations, providing them with professional workspaces. They can range from low-rise suburban structures to towering high rise buildings in our major cities.

These buildings accommodate stores and shops, catering to consumers and facilitating the sale of goods and services. They can include shopping malls, strip malls, big-box stores, and standalone storefronts.

These structures are designed for manufacturing, warehousing, and logistics operations. They often feature large open spaces, high ceilings, and reinforced floors to accommodate heavy machinery and equipment.

These buildings contain multiple residential units, typically apartments, which are rented out to tenants. They can range in size from small garden apartments to high-rise buildings.

Hospitality (and Special Purpose).
Hospitality buildings cater to travellers and tourists, providing lodging and related services. They include hotels, motels, bed and breakfasts, and vacation rentals.

Special Purpose often combine multiple property types, such as residential, office, retail, and hospitality, within a single structure or complex. They offer tenants a variety of amenities and promote walkability and community within a development.

Be sure to contact one of the NAI Harcourts network today if you want to make your next move in the commercial real estate market.
Source: naiglobal.com