Commercial real estate is comprised of different types of sectors and is defined as properties that can generate profit through capital gain or rental income. Briefly these commercial buildings fall into the following categories:
There are two types of office buildings: urban or suburban. Urban office buildings are situated in big cities and include skyscrapers and high-rise properties – some may even total to a few million square feet in size. Suburban office buildings are usually smaller in size and sometimes clustered in office parks.
Medical office buildings form a sub-sector in this space.
Retail includes the properties that house the retailers and restaurants. They can be multi-tenanted (often with an anchor, or lead tenant, that serves to drive traffic to the property) or single-use buildings such as Target, Walmart, Best Buy, etc.
Industrial buildings accommodate industrial operations for various tenants, and are usually located outside of urban areas, especially along major transportation routes. The low-rise buildings can also be grouped into industrial parks.
Research and development (R&D) facilities are a specific type of industrial commercial properties.
The multifamily sector covers all types of residential real estate outside of single-family, including apartments, condos, co-ops, and townhomes.
The hotel sector covers establishments providing accommodations, meals, and other services for travelers and tourists.
Commercial real estate investors can own special purpose real estate, but these commercial buildings don’t fall into any of the sectors mentioned above. Amusement parks, churches, self-storage, and bowling alleys are special-purpose facilities.
In commercial buildings plumbing systems usually receive more wear and tear than residential plumbing. Although commercial-grade pipes and plumbing fixtures are manufactured to withstand persistent and substantial use, sooner or later they will start showing signs that indicate the need for an upgrade or replacement.
If you happen to be a commercial property owner and want to determine whether your commercial plumbing system requires repair or replacement in the nearest future, contact an experienced plumbing contractor to assist you with this task. Our expert technicians at Brea/OC Plumbing Heating & Air Conditioning are the most reliable professionals in California because we are known for our commitment to every plumbing job no matter whether it is big or small. Remarkable results and frequent recommendations are a proof of our diligent work. Our team will provide the most effective and long-lasting solutions to any commercial plumbing problem.
Excellent service! The lady on the phone was nice and polite. Our tec called promptly on a Saturday told us he was booked but if had any cancellations he would call us and see if he could come. I told him we can wait till Monday. He came with his partner and took a look at the unit and explained to me in terms I would understand what needed to be fixed and went right to work. Thank you!!!