53 Real Estate and Rental and Leasing

531110 Lessors of Residential Buildings and Dwellings

This industry comprises establishments primarily engaged in acting as lessors of buildings used as residences or dwellings, such as single-family homes, apartment buildings, and town homes. Included in this industry are owner-lessors and establishments renting real estate and then acting as lessors in subleasing it to others. The establishments in this industry may manage the property themselves or have another establishment manage it for them.

Establishments primarily engaged in managing residential real estate for others are classified in U.S. Industry 531311, Residential Property Managers.

531120 Lessors of Nonresidential Buildings

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.

Acting as lessors of buildings used as residences or dwellings are classified in Industry 531110, Lessors of Residential Buildings and Dwellings;

Renting or leasing space for self-storage are classified in Industry 531130, Lessors of Miniwarehouses and Self-Storage Units;

Managing nonresidential real estate for others are classified in U.S. Industry 531312, Nonresidential Property Managers;

Providing a range of office support services, such as mailbox rental, other postal and mailing (except direct mail advertising) services, document copying services, facsimile services, word processing services or on-site personal computer rental, that are not providing office space are classified in Industry 56143, Business Service Centers;

Managing and operating arenas, stadiums, theaters, or other related facilities and promoting and organizing performing arts productions, sports events, and similar events at those facilities are classified in Industry 711310, Promoters of Performing Arts, Sports, and Similar Events with Facilities.

Operating public and contract general merchandise warehousing and storage facilities are classified in Industry 493110, General Warehousing and Storage.

531130 Lessors of Miniwarehouses and Self-Storage Units

This industry comprises establishments primarily engaged in renting or leasing space for self-storage. These establishments provide secure space (i.e., rooms, compartments, lockers, containers, or outdoor space) where clients can store and retrieve their goods.

Operating public and contract general merchandise warehousing and storage facilities are classified in Industry 493110, General Warehousing and Storage.

Operating coin-operated lockers are classified in Industry 812990, All Other Personal Services.

531190 Lessors of Other Real Estate Property

This industry comprises establishments primarily engaged in acting as lessors of real estate (except buildings), such as manufactured home (i.e., mobile home) sites, vacant lots, and grazing land.

Acting as lessors of buildings used as residences or dwellings, including on-site manufactured (mobile) homes are classified in Industry 531110, Lessors of Residential Buildings and Dwellings;

Acting as lessors of buildings (except miniwarehouses and self-storage units) that are not used as residences or dwellings are classified in Industry 531120, Lessors of Nonresidential Buildings (except Miniwarehouses).

Renting or leasing space for self-storage are classified in Industry 531130, Lessors of Miniwarehouses and Self-Storage Units.