Business buildings or buildings are considered commercial properties. As well as any vacant land area zoned for commercial use. There are several types of commercial properties. These include apartments or multi-family real estate, mobile home parks, retail, office, mixed-use, healthcare, hotel, industrial and others with specialties such as gas stations, oil changing facilities and the like.
Among those mentioned, there are three types that top the market. One would be the multi-family commercial real estate. This is composed of apartments from high to low-rise apartments, garden style and student apartments. Military housing, senior apartments, townhouse style homes and underlying coop are also among the few. Another would be retail space which would include stores, shopping strips, malls, restaurants and more. Lastly, there are the office buildings and office complexes. It could either be a single building exclusively housing one office or company or a large building occupied by more than one company or office.
Due to recession, the demand for commercial space has gone down but it would only be a matter of time until the demand would spike up as many companies seek for new locations for their offices. See commercial properties.
I think that this is true, pretty much across the country right now.
It always seems that commercial properties get hit hard, during these times.