Commercial real estate is property that is used exclusively for business or commercial purposes such as office space; retail stores; warehouses; industrial space (buildings and manufacturing plants); hospitals; hotels and resorts; restaurants; shopping malls; and strip malls. Multifamily rental properties such as apartment complexes are also classified as commercial real estate.

Most commercial real estate is leased to tenants engaged in business or commercial activities. Commercial real estate is often an investment asset for real estate investment trusts (REITs) and large other investors.

In Louisiana (LA), commercial real estate encompasses properties used solely for business activities, including office spaces, retail stores, warehouses, industrial facilities, hospitals, hotels, restaurants, and shopping centers. Apartment complexes and other multifamily rental properties are also considered commercial real estate. These properties are typically leased to tenants for commercial operations. The leasing, sale, and management of commercial real estate in Louisiana are governed by state statutes and regulations, which include zoning laws, environmental regulations, and building codes. Additionally, commercial real estate transactions are subject to federal laws, such as the Americans with Disabilities Act (ADA) for accessibility, and environmental regulations from agencies like the Environmental Protection Agency (EPA). Investors, including REITs, often hold commercial real estate as part of their investment portfolios. It's important for parties involved in commercial real estate transactions to consult with an attorney to ensure compliance with all relevant laws and regulations.