Final answer:
The local middle school is not an example of private real estate because it is usually a public institution, unlike low rise housing, high rise housing, and commercial centers like Eaton Centre.
Step-by-step explanation:
The example of private real estate that is not listed is c. Local middle school. Private real estate refers to property owned by individuals or companies and not by the government or public entities. Low rise housing, high rise housing, and Eaton Centre are all examples of private real estate because they can be privately owned and operated. In contrast, a local middle school is typically public property as it is funded and operated by government entities, thus making it a type of public real estate.