Commercial real estate (CRE) is defined by the use of the assets in question. This caters to affairs of office complexes Retail outlets, warehouses, and any industrial property . Overall, this sector has proved to be crucial to the economy. It is a location that encourages various types of businesses to get creative and also develop. Types of commercial real estate Office buildings: Such properties are intended for business people and people with a profession. They include high-rise buildings in the central business district to small structures found in the periphery of the business section. Retail properties: This entails the traditional merchandise center consisting of departmental stores, independent stores, and even restaurants. Retail real estate is relevant for consumer goods and services. There is a correlation between customers and businesses. Industrial Properties: For use in production and distribution. Both warehouses and distribution centers are supply chain resources.
