Gross Leasable Area (GLA) is a crucial metric in real estate, representing the total floor area designed for tenant occupancy. This article explores its definition, significance, calculation methods, and role in various sectors.
Gross Leasable Area refers to the total floor area of a building available for leasing, usually measured from its outside walls. This term is essential in real estate and property management for understanding lease agreements and property valuation.
Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.