Rental or leasing services involving own or leased non-residential property

cpc code 72112 covers the rental or leasing of non-residential properties, such as office spaces, commercial buildings, and industrial facilities. This industry plays a crucial role in the broader economy by providing businesses and organizations with flexible and cost-effective access to the physical spaces they need to operate. The demand for these rental and leasing services is closely tied to the overall economic conditions, as businesses often adjust their real estate needs in response to market fluctuations.

The main production techniques in this industry involve the management and maintenance of the non-residential properties. This includes tasks such as property inspections, repairs, cleaning, and ensuring compliance with relevant regulations. Landlords or leasing companies may also be responsible for negotiating rental agreements, collecting payments, and handling tenant-related issues.

The key inputs for this industry include the non-residential properties themselves, which can be owned or leased by the service provider. Additionally, the industry requires skilled personnel to manage and maintain the properties, such as property managers, maintenance workers, and administrative staff. Utilities, insurance, and other operational expenses are also important inputs for this industry.

The primary output of this industry is the rental or leasing of non-residential properties to businesses and organizations. These properties can be used for a wide range of purposes, including 72111 Rental or leasing services involving own or leased residential property, 77300 Rental and leasing services of other machinery, equipment and tangible goods, and 82110 Combined facilities support services, among others.