What Is Gross Leasable Area?

Also written as: GLA

Gross leasable area is the total floor space in a retail or commercial property designed for tenant occupancy and rent generation — the standard denominator for measuring a shopping center's size and rent per square foot.

Most useful for: Commercial Investor
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Gross Leasable Area
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This definition is provided for general educational purposes and is not financial, legal, tax, or real estate advice. Verify important decisions with appropriately qualified professionals.

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