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 Florida, commercial real estate encompasses properties used solely for business activities, including office buildings, retail spaces, warehouses, industrial facilities, hospitals, hotels, restaurants, shopping centers, and multifamily housing units like apartment complexes. These properties are typically leased to tenants for commercial operations. The leasing, sale, and management of commercial real estate in Florida are governed by a combination of state statutes and federal laws. Florida's commercial real estate transactions are subject to specific disclosure requirements, zoning laws, environmental regulations, and the Uniform Commercial Code, which governs commercial transactions. Additionally, Florida imposes a sales tax on commercial rent, which is unique among states. Real estate investment trusts (REITs) and other large investors 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 navigate the complex legal landscape, ensure compliance with all applicable laws, and protect their investment interests.