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How much do commercial real estate development jobs pay per year?

As of May 31, 2026, the average yearly pay for commercial real estate development in the United States is $102,271.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $128,000.00 per year, depending on experience, location, and employer.

What Are the Qualifications to Get a Job in Commercial Real Estate Development?

The qualifications that you need to start a career in commercial real estate development depend on the position, but many people in this industry have a postsecondary degree. Licensure as a real estate agent may be required for certain roles. A developer needs a strong understanding of the market and the skills to foster relationships with potential investors. A commercial real estate development manager needs organization skills to coordinate a project and ensure that everything remains on schedule. An analyst typically has a degree in math, finance, economics, or business. The job of someone in commercial real estate development is to plan, coordinate, or oversee non-residential building projects, such as an industrial or office space.

What are the key skills and qualifications needed to thrive as a Commercial Real Estate Developer, and why are they important?

To thrive as a Commercial Real Estate Developer, you need a solid understanding of market analysis, finance, project management, zoning laws, and often a degree in real estate, business, or a related field. Familiarity with financial modeling software, project management tools, and real estate databases like CoStar or Argus is typically required. Outstanding negotiation, networking, and problem-solving skills help professionals excel in securing deals and managing diverse stakeholder interests. These competencies are crucial for successfully identifying opportunities, mitigating risks, and delivering profitable commercial developments.

What are some common challenges faced in commercial real estate development projects?

Commercial real estate development often involves navigating complex zoning regulations, securing financing, and managing relationships with various stakeholders such as investors, architects, and local government officials. Project timelines can be impacted by unexpected construction delays or changes in market demand, requiring flexibility and problem-solving skills. Successful developers stay proactive in risk management and maintain clear communication across multidisciplinary teams to keep projects on track.

What is commercial real estate development?

Commercial real estate development is the process of creating, renovating, or repurposing properties intended for business use, such as office buildings, retail centers, warehouses, or hotels. This process typically involves site selection, securing financing, designing the project, obtaining permits, and overseeing construction. Developers work with various stakeholders, including investors, architects, contractors, and local government officials. The goal is to deliver functional, profitable properties that meet the needs of businesses and communities.

What is the difference between Commercial Real Estate Development vs Commercial Real Estate Brokerage?

AspectCommercial Real Estate DevelopmentCommercial Real Estate Brokerage
Primary FocusPlanning, designing, and constructing new commercial properties or renovating existing onesFacilitating property sales, leasing, and marketing for clients
Required CredentialsReal estate license, possibly a degree in real estate, finance, or related fieldsReal estate license, sales experience, and negotiation skills
Work EnvironmentConstruction sites, project offices, and planning meetingsOffice settings, client meetings, property tours
Industry UsageInvolved in the development phase of commercial propertiesInvolved in transaction and leasing processes

While both roles operate within the commercial real estate industry, commercial real estate development focuses on creating and building new properties, whereas commercial real estate brokerage centers on selling, leasing, and marketing existing properties. Understanding these differences helps professionals and clients identify the right expertise for their needs.

More about Commercial Real Estate Development jobs
What cities are hiring for Commercial Real Estate Development jobs? Cities with the most Commercial Real Estate Development job openings:
What are the most commonly searched types of Commercial Real Estate Development jobs? The most popular types of Commercial Real Estate Development jobs are:
What states have the most Commercial Real Estate Development jobs? States with the most job openings for Commercial Real Estate Development jobs include:
What job categories do people searching Commercial Real Estate Development jobs look for? The top searched job categories for Commercial Real Estate Development jobs are:
Commercial Real Estate Development jobs near you
Infographic showing various Commercial Real Estate Development job openings in the United States as of May 2026, with employment types broken down into 3% As Needed, 93% Full Time, 1% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 75% Physical, 2% Hybrid, and 23% Remote job distribution, with an average salary of $102,271 per year, or $49.2 per hour.

Commercial Real Estate & Development Paralegal

Fishback Dominick LLP

Winter Park, FL • Hybrid

$80K - $100K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 23 days ago

Job description

Benefits:
  • 401(k)
  • 401(k) matching
  • Bonus based on performance
  • Company parties
  • Health insurance
  • Opportunity for advancement
  • Paid time off
  • Tuition assistance

Commercial Real Estate & Development ParalegalLocation: Winter Park, Florida
This position is primarily on-site in Winter Park. Hybrid flexibility may be available for highly experienced candidates after an initial integration period.
Job Type: Full-Time
Practice Area: Commercial Real Estate & Development
About Fishback Dominick LLP
Fishback Dominick LLP is a well-established Florida law firm with a sophisticated commercial real estate and development practice. We represent developers, investors, landlords, lenders, and commercial property owners in complex acquisition, disposition, financing, leasing, infrastructure, and land development transactions throughout Florida.
Our practice regularly involves multi-parcel commercial projects, access and utility easements, cost-sharing agreements, development documentation, lender-driven closings, and amended and restated declarations.
We are seeking an experienced Commercial Real Estate & Development Paralegal who can independently manage and meaningfully support sophisticated transactional matters from contract through post-closing.
Position Overview
This role is designed for a senior-level commercial transactional paralegal who can independently manage multiple active files and proactively drive transactions forward.
This is not a residential closing role. The ideal candidate has strong experience with commercial title review, ALTA surveys, lender coordination, and development-related documentation.
Key Responsibilities
Draft and revise commercial purchase and sale agreements, amendments, assignments, and closing documents.
Review and analyze title commitments, exception documents, and surveys; prepare title objection letters and track curative matters.
Coordinate ALTA surveys and review for commercial compliance.
Prepare closing statements, settlement statements, escrow disbursement schedules, and closing checklists.
Coordinate commercial closings with lenders, title companies, surveyors, and clients.
Assist with drafting and organizing easements, declarations, cost-sharing agreements, access agreements, and development documentation.
Track lender closing requirements and manage execution packages.
Oversee post-closing recording, title policy follow-up, and preparation of organized closing binders.
Maintain transaction timelines and proactively manage multiple active matters.
Qualifications
5+ years of commercial real estate transactional experience required.
Strong knowledge of Florida commercial real estate law and closing procedures.
Experience reviewing and clearing commercial title and survey matters required.
Ability to manage commercial transactions from contract through post-closing with minimal supervision preferred.
Familiarity with title/closing software (e.g., Qualia) a plus.
Notary Public preferred.
Highly organized, detail-oriented, and proactive.
Strong written and verbal communication skills.
Residential-only experience will not be sufficient for this position.
Compensation & Benefits
Compensation: $80,000 $100,000+ depending on experience, skill level, and ability to independently manage commercial and development transactions.
Performance-based bonus opportunities may be available.
Health, dental, and vision insurance.
401(k) with employer match.
Paid time off and holidays.
Professional development opportunities.
Direct collaboration with experienced commercial real estate attorneys.
Why Join Us?
This position offers exposure to sophisticated commercial and development transactions throughout Florida not volume-based residential closings. The selected candidate will play a meaningful role in complex projects and work directly with attorneys and high-level clients.
We are seeking someone who wants to build long-term value within a stable, growing commercial practice.
How to Apply
Please submit your resume and a brief cover letter outlining your relevant commercial real estate experience.