Gross Leasable Area Definition
Incredible Gross Leasable Area Definition References. Gross leasable area (gla) value represents the total area of all vacant and occupied areas, which you enter for each unit in the unit information (p15217) program. Means with respect to any rentable premises, the area expressed in square feet of all floor space including floor space of mezzanines, if any, determined, calculated and.
It includes the mezzanine, secondary floors, and basements. Term used in retail leasing. But it can actually get surprisingly complicated.
Gross Leasable Area Is The Space Within A Commercial Property That Is Designed For The Exclusive Use Of One Or More Tenants.
Standard methods of measurement (ansi/boma z65.3—2018) is the update to the original 2009 gross areas standard. Gross lettable area, also known as gross leasable area, is more commonly referred to by its commercial real estate ( cre) abbreviation gla. Gla in cre is an abbreviation for gross lettable area, or gross leasable area.
Term Used In Retail Leasing.
Gross leasable area means the total floor area of the building contained within the outside surface of the exterior and basement walls and includes enclosed and heated malls but. Let',s start at the beginning. Typically encountered in the retail development industry,although it also applies to office space.
Gross Leasable Area (Gla) A Total Amount Of Floor Space Available For Rental To Tenants,
Gross leasable area (gla) is the amount of floor space available to be rented in a commercial property. It is generally the floor area available for the exclusive use of a retail tenant measured. Overall gross leasable area (gla) occupancy across the assets of emaar malls remained 96% during the first half of 2016, similar to the previous year.
Gross Leasable Area (Or Gla) Is The Area Of A Shopping Plaza That Is Assigned To Stores, Excluding Exits, Corridors, And Open Space.
Gross leasable area, or gla, is the area in a commercial property designed for the exclusive use of a tenant. Gross leasable area (gla) applicable standards: Emaar malls record 17% profit growth.
In The Case Of External Building Wall Measuring.
Boma 2018 for gross areas: Understanding building areas is a fundamental component of real estate and development. It covers an area of 490,000 square meters, with 350,000 square meters of gross leasable area and more than 800 shops.
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