NAICS

531120 Lessors of Nonresidential Buildings (except Miniwarehouses)

Overview

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.

Alternate descriptions

  • Arena, no promotion of events, rental or leasing
  • Auditorium rental or leasing
  • Bank building rental or leasing
  • Banquet hall rental or leasing
  • Building, nonresidential (except miniwarehouse), rental or leasing
  • Commercial building rental or leasing
  • Concert hall, no promotion of events, rental or leasing
  • Conference center, no promotion of events, rental or leasing
  • Convention center, no promotion of events, rental or leasing
  • Dance hall rental or leasing
  • Dock and associated building rental or leasing
  • Equity real estate investment trusts (REITs), primarily leasing nonresidential buildings (except miniwarehouses)
  • Executive suites (i.e., full service office space provision)
  • Exhibition hall, no promotion of events, rental or leasing
  • Flea market space, under roof, rental or leasing
  • Full service office space provision
  • Hall and banquet room, nonresidential, rental or leasing
  • Hall, nonresidential, rental or leasing
  • Hotel building rental or leasing, not operating hotel
  • Industrial building rental or leasing
  • Insurance building rental or leasing
  • Lessors of nonresidential buildings (except miniwarehouses)
  • Mall property operation (i.e., not operating contained businesses) rental or leasing
  • Manufacturing building rental or leasing
  • Medical building rental or leasing
  • Meeting hall and room rental or leasing
  • Motel building, not operating motel, rental or leasing
  • Nonresidential building (except miniwarehouse) rental or leasing
  • Office building rental or leasing
  • Piers and associated building rental or leasing
  • Professional office building rental or leasing
  • Real estate rental or leasing of nonresidential building (except miniwarehouse)
  • Reception hall rental or leasing
  • Shopping center (i.e., not operating contained businesses) rental or leasing
  • Stadium rental or leasing without promotion of events
  • Theater, property operation, rental or leasing

Related NAICS

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

Top carriers

  • Hartford Fire & Cas Grp
  • Travelers Grp
  • Amtrust Ngh Grp
  • State Fund
  • Employers Holdings Grp
  • Berkshire Hathaway Grp

Cross reference

Industry codes related to NAICS 531120: general liability, SIC, and state or NCCI class codes.

General Liability (GL)

61218 Buildings or Premises--Bank or Office--Mercantile or Mfg. (Lessor's Risk Only)--Maintained by the Insured--Not-For-Profit Only
61216 Buildings or Premises--Bank or Office--Mercantile or Mfg. (Lessor's Risk Only)--Not-For-Profit Only
61212 Buildings or Premises--Bank or Office--Mercantile or Mfg. (Lessor's Risk Only)--Other Than Not-For-Profit
61227 Buildings or Premises--Office--Not-For-Profit Only
61225 Buildings or Premises--Office--Premises Occupied by Employees of the Insured--Not-For-Profit Only
61224 Buildings or Premises--Office--Premises Occupied by Employees of the Insured--Other Than Not-For-Profit
63216 Exhibition or Convention Buildings--Not-For-Profit Only
63215 Exhibition or Convention Buildings--Other Than Not-For-Profit
63220 Exhibitions--In Buildings--No Admission Charged--Not-For-Profit Only
63219 Exhibitions--In Buildings--No Admission Charged--Other Than Not-For-Profit
63218 Exhibitions--In Buildings--Not-For-Profit Only
63217 Exhibitions--In Buildings--Other Than Not-For-Profit
44009 Gasoline or Oil Supply Stations--Retail--(Lessor's Risk Only)
44277 Halls--Not-For-Profit Only
44276 Halls--Other Than Not-For-Profit
15120 Markets--Not Open Air (Lessor's Risk Only) Not-For-Profit Only
15119 Markets--Not Open Air (Lessor's Risk Only) Other Than Not-For-Profit
15124 Markets--Open Air (Lessor's Risk Only) Not-For-Profit Only
15123 Markets--Open Air (Lessor's Risk Only) Other Than Not-For-Profit
46607 Parking--Public--Shopping Centers--Maintained by the Insured (Lessor's Risk Only)
67635 Shopping Centers--Buildings or Premises Not Occupied by the Insured (Lessor's Risk Only)
67634 Shopping Centers--Indoor Malls--Buildings or Premises Not Occupied by the Insured (Lessor's Risk Only)
48558 Social Gatherings and Meetings--on Premises Not Owned or Operated by the Insured--Not-For-Profit Only
48557 Social Gatherings and Meetings--on Premises Not Owned or Operated by the Insured--Other Than Not-For-Profit
68703 Warehouses--Occupied by Single Interest (Lessor's Risk Only)
49802 Wharf and Waterfront Property--Not Occupied by the Insured (Lessor's Risk Only)

SIC

6512 Nonresidential Building Operators

NCCI Class Code

9015 Building or Property Management--All Other Employees

CA Class Code

DE Class Code

0971 Buildings

MI Class Code

9015 AIR PURIFICATION BY OZONE PROCESS

NJ Class Code

9015 BUILDINGS NOC – OPERATION BY OWNER or Lessee

NY Class Code

9015 Building or Property Management--All Other Employees

PA Class Code

0971 Buildings

TX Class Code

9015 Building or Property Management--All Other Employees

Market report

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