Commercial Properties
The Institute of Real Estate Management defines commercial property as follows:
"real property developed or acquired for investment and designed for use by business entities such as retail, wholesale, office, industrial, hotel, or service users, as differentiated from residential property or housing. (technically, all income-producing property is commercial property; however, residential rental property is not usually referred to in this category.) also, real property used for the conduct of business that invites public patronage, as by advertising, merchandising, and display of signs."