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NAICS 53112

Lessors of Nonresidential Buildings (Except Miniwarehouses)

Key Figures

Establishments
34,559
Census CBP · 2023
Employment
174,571
Census CBP · 2023
Market size
$155.2B
Census Economic Census · 2022

Figures are published for NAICS 53112 directly.

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Official definition

This industry comprises establishments primarily engaged in acting as lessors of buildings (except miniwarehouses and self-storage units) that are not used as residences or dwellings. Included in this industry are: (1) owner-lessors of nonresidential buildings; (2) establishments renting real estate and then acting as lessors in subleasing it to others; and (3) establishments providing full service office space, whether on a lease or service contract basis. The establishments in this industry may manage the property themselves or have another establishment manage it for them.

Source: US Census Bureau, 2017 NAICS Definitions. Public domain. Census publishes this definition under NAICS 531120, the only detailed industry in this group.

Which code does this activity belong in?

Lessors of Nonresidential Buildings (except Miniwarehouses) covers establishments that lease nonresidential buildings such as office or commercial structures to tenants, including owner-lessors and those subleasing property they have rented. This code excludes miniwarehouses and self-storage units, which are classified in Lessors of Miniwarehouses and Self-Storage Units. Establishments leasing residential buildings or dwellings belong instead in Lessors of Residential Buildings and Dwellings.

VantaInsights Analysis AI-drafted

Written for NAICS 531120, the only detailed industry in this group.

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