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Business Definition for: gross leasable area
gross leasable area
total floor area of a building, usually measured from its outside walls.
See also net leasable areagross leasable area
the floor area that can be used by tenants . Generally measured from the center of joint partitions to outside wall surfaces. Contrast net leasable area .
Example: Figure 95.
Of the 20,000 gross leasable square feet on each floor, approximately 25% is used for purposes of common use.
Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright © 2004, 2000, 1997, 1993, 1987, 1984 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright © 2004, 2000, 1997, 1993, 1987, 1984 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
