Introduction to the Real Estate Industry

Intro the the Real Estate Industry

Commercial real estate is any property owned to produce income, including office, industrial, retail, mixed-use, medical office, entertainment and educational facilities, but not residential housing. It also includes vacant land that will eventually be leased or developed.

Visit the NAIOP Terms and Definitions Glossary for detailed descriptions of property types, development terms, building material definitions, lease and transaction terminology and more.