CBD
See Central Business District.
Frequently Asked Questions about CBD (Central Business District) in Commercial Real Estate
What does CBD stand for in real estate?
CBD stands for Central Business District. It typically refers to the commercial and business center of a city, often characterized by high-rise office buildings, dense development, and a concentration of employment and transit access.
Where can I learn more about CBDs?
You can refer to the glossary entry titled “Central Business District” for a more detailed explanation. The listing for “CBD” simply redirects to that full definition.
Is CBD the same as downtown?
Often, yes. The terms are frequently used interchangeably, though technically, a CBD is defined by its commercial concentration and zoning rather than just geography or colloquial use.
What types of buildings are common in CBDs?
CBDs usually contain high-rise office buildings, government facilities, retail centers, hotels, and transit hubs. These areas serve as the financial and administrative heart of a city.
Is “CBD” used in other contexts?
Yes. Outside of real estate, CBD commonly refers to cannabidiol, a compound found in cannabis. In commercial real estate, however, it exclusively refers to the Central Business District.
Click here to get this CRE Glossary in an eBook (PDF) format.