Commercial

Commercial Properties are broadly classified into the following categories

• Apartment / Multi-Family homes
• Office
• Retail
• Industrial
• Land
• Hotels
• Special Use

Apartments / Multi-Family Homes

• Multifamily are classified by
  • location
    • Urban
    • Sub Urban
  • Size
    • High Rise (20+ stories, 100+units) – mostly found in urban and larger markets
    • Garden Apartments (3-4 stories) – found in urban and sub urban
    • Mid-Rise Apartments (7-20 Stories) – mostly in urban location

Offices are broadly classified in to

• By Tenancy
  • Single Tenant Office Space
  • Multi-Tenant Office Space
• By Class of Office Space
  • Class A Office Space
  • Class B Office Space
  • Class C Office Space
• By Use
  • Doctor / Medical office
  • General Office building

Retail

• Small Neighborhood Strip – Featuring Small stores, Grocery stores, restaurants, banks
• Anchor Center – Featuring: Target, Home Depot, Walmart …etc
• Community Retail Center – Can include combination of Restaurants, Drug Stores, Grocery Stores
• Malls – Big Brands tenants, space 400,000 – 2,000,000 Sq ft. Featuring Macys, Sears, Gap, JC Penney, Dillard’s …etc

Industrial

• Warehouses – primary used as distribution centers
• Flex Ware houses – combo of industrial and office space
• Light Assembly
• Manufacturing & R&D

Land

• Commercially Zoned Land
  • Pad Sites
  • Commercial Lands
  • SUP Zoned Lands
  • Zoned Light Retail
• Agricultural lands
• Residential Lots
• Ranch and Hunting Spaces

Hotels are classified as

• Business Hotels
• Airport Hotels
• Suite Hotels
• Extended Stay Hotels
• Resorts Hotels
• Full Service Apartment Hotels
• Casino Hotels
• Bed and Break Fast Hotels
• Vacation Rentals
• Conference and Convention Centers
• Independent
• Chains – Example Hilton, Marriott ..etc
• Class of service – 3 Star, 4 Star, 5 Star