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Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land ...
A commercial area is real estate intended for use by for-profit businesses, such as office complexes, shopping malls, service stations, bars and restaurants. It may be purchased outright by a developer for future projects or leased through a real estate broker. This type of property falls somewhere between residential and industrial property.
Within the City of Toronto's zoning by-laws, commercial residential includes "a range of commercial, residential and institutional uses, as well as parks." [ 32 ] Mirvish Village's programmatic uses include rental apartments, a public market, and small-unit retail, [ 33 ] while also preserving 23 of 27 heritage houses on site. [ 34 ]
Trademark Property Co. said Monday that the project, called The Vickery, will have 307 apartments, 14 town homes and a 5,300-square-foot restaurant site. The formerly industrial 5-acre site is ...
It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the " city centre " or " downtown ". However, these concepts are not necessarily synonymous: many cities have a central business district located away from its traditional city center, and there ...
An industrial park, also known as industrial estate or trading estate, is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more heavyweight version of a business park or office park, which has offices and light industry , rather than heavy industry .
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. [5] The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world.
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