This U.S. Census Bureau NAICS-based industry comprises establishments primarily engaged in renting or leasing nonresidential buildings, other than professional and other office buildings, manufacturing and industrial buildings, or shopping centers and retail stores. This also includes establishments that lease (do not own) and then act as lessors in subleasing to others. These establishments may provide additional services for their lessees such as security, maintenance, parking, snow removal, and trash removal.

Cross-References. Establishments primarily engaged in--

  • Operating pubic and contract general merchandise warehousing and storage facilities--are classified in Industry 493110, General Warehousing and Storage;
  • Real estate investment trusts--are classified in 525930, Real Estate Investment Trusts (REITs);
  • Subdividing a large storage facility into smaller units or leasing individual compartment units for accessible storage, where each renter has access only to their unit--are classified in Industry 531130, Lessors of Miniwarehouses and Self-Storage Units;
  • Managing and operating arenas stadiums, theaters, or other related facilities and organizing performing arts productions, sports events, and similar events at those facilities--are classified in U.S. Industry 711310, Promoters of Performing Arts, Sports, and Similar Events with Facilities;
  • Owning real estate and operating the business at the location is classified elsewhere in the classification system according to the primary activity of the business operated, ; and
  • Managing nonresidential property owned by others--are classified in U.S. Industry 531312, Nonresidential Property Managers.

    • For the 2007 Economic Census and the 2007 Survey of Business Owners, real estate investment trusts (REITS) are included in Industry Group 5311, Lessors of Real Estate, based on primary type of real estate property leased. However, for the 2002 Economic Census and the 2002 Survey of Business Owners, the equity REITs were classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles.