Industry Description
Establishments primarily engaged in the operation of nonresidential buildings.
Business Examples
Common types of business activities within US SIC 6512 - Operators of Nonresidential Buildings are:
- Bank buildings, operation of
- Insurance buildings, operation of
- Lessors of piers, docks, and associated buildings and facilities
- Operators of commercial and industrial buildings
- Operators of nonresidential buildings
- Retail establishments, property operation only
- Shopping centers, property operation only
- Theater buildings (ownership and operation)
IBISWorld Industry Research Report
Commercial Leasing in the US (53112)
Revenue 2025
$265.2bn
Growth 2025
0.19%
Key Trends
Commercial leasing companies benefited from the growth in the number of businesses
The office rental vacancy rate remains elevated
Revenue for the industry will recover over the five years to 2028, primarily as a result of broad economic factors
Products and Services
US-SIC Hierarchy 6512 - Operators of Nonresidential Buildings
US-SIC Code 6512 - Operators of Nonresidential Buildings sits in the 2-digit Operators of Nonresidential Buildings sector. US SIC codes can be 2 to 8 digits and the further along the hierarchy, the more detailed and specific the category will be.
Division: H
Division Title: Finance, Insurance, and Real Estate
2 Digits 3 Digits 4 Digits
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601 Central Reserve Depository Institutions
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602 Commercial Banks
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603 Savings Institutions
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606 Credit Unions
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608 Foreign Banking and Branches and Agencies Of
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609 Functions Related To Depository Banking
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611 Federal and Federally-sponsored Credit Agencies
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614 Personal Credit Institutions
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615 Business Credit Institutions
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616 Mortgage Bankers and Brokers
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621 Security Brokers, Dealers, and Flotation
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622 Commodity Contracts Brokers and Dealers
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623 Security and Commodity Exchanges
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628 Services Allied With the Exchange of Securities
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631 Life Insurance
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632 Accident and Health Insurance and Medical
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633 Fire, Marine, and Casualty Insurance
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635 Surety Insurance
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636 Title Insurance
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637 Pension, Health, and Welfare Funds
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639 Insurance Carriers, Not Elsewhere Classified
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651 Real Estate Operators (except Developers) and Lessors
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653 Real Estate Agents and Managers
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654 Title Abstract Offices
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655 Land Subdividers and Developers
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671 Holding Offices
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672 Investment Offices
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673 Trusts
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679 Miscellaneous Investing
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Extended US-SIC Hierarchy for 6512 - Operators of Nonresidential Buildings
For business marketing and targeting, US SIC Codes have been extended to provide more specific classifications within US-SIC 6512 - Operators of Nonresidential Buildings. Extended US SIC Codes are being continuously updated to reflect the current business environment.
6 Digit SIC Codes
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651201 Shopping centers & malls
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651202 Office buildings & parks
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651203 Executive suites
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651205 Shopping center developers
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651206 World trade centers
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651208 Industrial parks
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651298 Operators of nonresidential buildings
8 Digit SIC Codes
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65120000 Nonresidential building operators
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65120100 Commercial and industrial building operation
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65120101 Bank building operation
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65120102 Insurance building operation
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65120200 Property operation, retail establishment
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65120201 Shopping center, property operation only
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65120202 Shopping center, super-regional (more than 1,000,000 sq ft)
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65120203 Shopping center, regional (300,000-1,000,000) sq. ft.)
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65120204 Shopping center, community (100,000-300,000 sq. ft.)
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65120205 Shopping center, neighborhood (30,000-100,000 sq. ft.)
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65120300 Property operation, auditoriums and theaters
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65120301 Auditorium and hall operation
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65120302 Theater building, ownership and operation
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65120400 Property operation, piers and docks
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65120401 Lessors of piers, docks, associated buildings and facilities
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