Commercial real estate (CRE) is a property type designated exclusively for business-related use or provides a workspace rather than a living space. Commercial real estate is often leased to tenants to conduct income-generating activities. This broad asset category can include a variety of property types with everything from a single storefront or industrial warehouse to large shopping centers, restaurants and multi-family apartment buildings.
Other commercial property types include office space, medical centers, hotels, malls, parking lots, retail stores, farmland, and industrial facilities.