Commercial real estate refers to properties used for business purposes, including office buildings, retail spaces, industrial facilities, hotels, and multifamily apartment complexes. These properties are designed to generate income through leasing, renting, or selling to businesses or investors. Commercial real estate plays a critical role in economic growth, providing spaces for commerce, employment, and services. It is categorized by use—office, retail, industrial, multifamily, or special-purpose—and can range from small storefronts to large corporate campuses. Investment in commercial real estate often involves careful consideration of market demand, location, tenant stability, and long-term growth potential, making it a cornerstone of urban development.
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