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 Vermont, commercial real estate encompasses properties used for business or commercial activities, including office spaces, retail stores, warehouses, industrial buildings, hospitals, hotels, restaurants, shopping centers, and multifamily rental properties like apartment complexes. These properties are typically leased to tenants for commercial operations. Vermont's regulations for commercial real estate involve zoning laws, environmental regulations, and building codes that dictate how property can be used and developed. Additionally, commercial leases in Vermont are subject to state contract laws and may include terms that address rent, duration, renewal options, and responsibilities for repairs and maintenance. Investment in commercial real estate, such as through Real Estate Investment Trusts (REITs), is governed by both state and federal securities laws. These laws ensure transparency and fairness in investment transactions and protect investors' interests. It's important for investors and businesses dealing with commercial real estate in Vermont to comply with these regulations and to consult with an attorney for specific legal advice tailored to their situation.