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 New Jersey, commercial real estate encompasses properties used for business or commercial activities, including office spaces, retail stores, warehouses, industrial buildings, hospitals, hotels, restaurants, shopping malls, and multifamily rental properties like apartment complexes. These properties are typically leased to tenants for business purposes. The leasing, sale, and management of commercial real estate in New Jersey are governed by a combination of state statutes and federal laws. Regulations cover aspects such as zoning, land use, environmental compliance, building codes, and lease transactions. Investors, including Real Estate Investment Trusts (REITs), often hold commercial real estate as part of their investment portfolios. It's important for parties involved in commercial real estate transactions to comply with New Jersey's specific legal requirements, which may include obtaining appropriate permits, adhering to state-specific landlord-tenant laws, and ensuring proper contract drafting and execution. An attorney specializing in real estate law can provide guidance on these matters to ensure compliance with all applicable regulations.