Commercial real estate is commonly divided into four categories:
|1. Retail|| medical centers, hotels, malls, retail stores, shopping centers
|2. Office|| office buildings, office parks
|3. Industrial|| industrial properties, farm land, warehouses, garages
|| multi-family housing buildings, apartments, etc.
Of these, only the first three are classified as being commercial buildings. Residential Income Property may also be used to mean Multifamily Apartments."