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Gross leasable area (GLA) is the amount of floor space available to be rented in a commercial property. Specifically, gross leasable area is the total floor area designed for tenant occupancy and exclusive use, including any basements, mezzanines, or upper floors.
5 de mar. de 2024 · Learn what GLA (Gross Leasable Area) is and how it is calculated in real estate. Find out how GLA affects rental income, property value, and leasing decisions in commercial and residential markets.
19 de fev. de 2023 · Gross leasable area (GLA) is the amount of space in a commercial building that can actually be rented by a tenant. In most cases, this includes basements, mezzanines, or upper floors that a tenant can potentially utilize.
4 de set. de 2023 · Learn what GLA means, how to calculate it, and why it matters for commercial property deals. GLA is the total floor area for tenant use, excluding common areas, and affects rental rates and revenues.
Gross leasable area (GLA) is the amount of floor space available to be rented in a commercial property. Specifically, gross leasable area is the total floor area designed for tenant occupancy and exclusive use, including any basements, mezzanines, or upper floors.
17 de ago. de 2023 · What Is Gross Leasable Area Definition? Gross leasable area, or GLA, is the total space available for rent to tenants in a commercial property. It includes shared walls and can include common areas, depending on the specific calculation standard used.
20 de dez. de 2023 · Understanding the Gross Leasable Area (GLA) and Gross Potential Rent (GPR) is crucial for investors looking to determine the profitability of a property. By calculating GPR using the GLA and market rent/sq. ft, investors can gain valuable insights into potential rental income.
