Commercial Real Estate Property

he first step of any successful commerial real estate career is learning about the types of sectors that make up commercial real estate, which is defined as properties that have the potential to generate profit through capital gain or rental income. While you may know the basics, each sector comprises different types of properties. 1. Office Office buildings are generally categorized into two types: urban or suburban. Urban office buildings are found in cities and include skyscrapers and high-rise properties—some may even total as much as a few million square feet in size. Suburban office buildings are usually smaller in stature and sometimes grouped in office parks. Class A Office Most prestigious buildings competing for premier office users with rents above average for the area. Buildings have high-quality standard finishes, state-of-the-art systems, exceptional accessibility and a definite market presence. Class B Office Buildings competing for a wide range of users with rents in the average range for the area. Building finishes are fair to good for the area. Building finishes are fair to good for the area and systems are adequate, but the building does not compete with Class A at the same price.