What types of properties fall under commercial real estate?

Commercial real estate encompasses properties that are primarily used for business purposes. This includes a wide variety of property types such as office buildings, retail spaces, warehouses, industrial facilities, and multifamily apartment buildings, as long as these serve as income-generating investments or operational spaces for businesses.

The key characteristic of commercial real estate is that these properties are intended to facilitate commerce or business activities rather than serving as a primary residence for individuals. This definition sets the stage for understanding the broader category of commercial real estate beyond any single type of building, thus supporting why properties used for business purposes is the most accurate answer.

Other options do not capture the full scope of commercial real estate. For instance, residential properties are categorized separately as they serve housing needs rather than business purposes. Similarly, while government-owned properties can vary in purpose, not all would be classified within the traditional scope of commercial real estate. Only properties specifically used to generate commercial activities qualify as commercial real estate.